Who is heading the committee set up by RBI to make a Public Credit Registry ........

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Who is heading the committee set up by RBI to make a Public Credit Registry?

This questions was previously asked in

RBI Grade B (16 August 2018)

Y.M. Deosthalee

Pradeep Kumar

Janaki Ballabh

MBN Rao

S Raman

- The Reserve Bank of India (RBI) set up a committee to propose a Public Credit Registry (PCR) in India.

- Such a PCR is intended to house all debtor information across all lenders to strengthen credit underwriting and reduce information asymmetries.

- Option 1: Y.M. Deosthalee

- Correct Answer

- Y.M. Deosthalee, former CMD of L&T Finance Holdings, heads this committee.

- Option 2: Pradeep Kumar

- No significant link to the PCR committee.

- Option 3: Janaki Ballabh

- Not relevant to this committee.

- Option 4: MBN Rao

- Not involved with this PCR development.

- Option 5: S Raman

- Not associated with the PCR committee.

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