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    • Is it mandatory for a financial institution to follow these CRILC guidelines?
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    Is it mandatory for a financial institution to follow these CRILC guidelines?

    pravesh.sharma 20th Jan, 2023
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    pravesh.sharma 20th Jan, 2023

    Yes, It is mandatory to submit a CRILC report otherwise the Bank will be Liable to pay a fine as Penalty to the Reserve Bank of India.

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