Which committee recommended the Reserve Bank of India RBI to set up Public Credit Registry PCR to ch...........

Current GK (RBI Grade B) Banking Awareness

Which committee recommended the Reserve Bank of India (RBI) to set up Public Credit Registry (PCR) to check loan defaults?

AK Bhuchar Committee

B Venkatappaiah Committee

Goiporia Committee

L K Jha Committee

YM Deosthalee committee

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Explanation:

The Reserve Bank of India (RBI) has considered the recommendations of YM Deosthalee committee to set up a Public Credit Registry (PCR) in a modular and phased manner. The PCR is an information repository that collates all loan information of individuals and corporate borrowers.