The RBI, in a notification, said that it is necessary to build a repository of large credits and share with the banks for enabling them to be aware of building leverage and common exposures.
"Accordingly, it has been decided to use the information supplied by the banks through the Return on Large Borrowers (Form A). . .which captures system-wide exposure of individuals and entities having exposure (both fund and non-fund based) of more than Rs 10 crore, for creation of central repository of large credits across banks," it said.
Raghuram Rajan on his taking over charge as RBI Governor had said that the
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