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Central Fraud Registry

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  • This is how banks will tackle loan frauds in near future

    New legal framework suggested by the Reserve Bank of India, which will soon get operational, will allow banks to track loan accounts that are likely to default. It also allows setting up of central Fraud Registry

  • RBI prescibes uniform provisioning norm for fraud cases

    RBI has finalised a structure of Central Fraud Registry and will soon come up with guidelines to enable quick sharing of information about unscrupulous borrowers and help banks fight bad loans. Presently, banks are advertising the list of wilful defaulters on their website and newspapers individually.

  • RBI to soon issue norms for Central Fraud Registry: Mundra

    Reserve Bank has almost finalised the structure of Central Fraud Registry and will soon come up with guidelines to enable quick sharing of information about unscrupulous borrowers and help banks fight bad loans.

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