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Archive: 22 December 2014

Posts in 22 December 2014

Measures for classifying/declassifying a borrower as non-cooperative borrower

December 22, 2014 777 Views 0 comment Print

Banks/FIs should take the following measures in classifying/declassifying a borrower as non-cooperative borrower and reporting information on such borrowers to Central Repository of Information on Large Credits (CRILC):

Review of Accredited Clients Programme (ACP) – Reg

December 22, 2014 1283 Views 0 comment Print

Board has received a number of representations from the ACP clients whose ACP status has either been withdrawn or not extended on account of them having been served a show cause notice in terms of the amended para 7(iii) of the said Circular dated 24.11.2005.

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