Central Repository of Large Credits (CRILC)-Guidance note

In terms of the framework on The Early Recognition of Financial Distress, Prompt Steps for Resolution
and Fair Recovery for Lenders: Framework for Revitalising Distressed Assets in the Economy,
Central Repository of Large Credits CRILC has been established with effect from
April 2014.

CRILC system developed over

a period of

about one year through

various changes. To the large extent system has been stabilised and more or less
successful in removing asymmetry of information as sharing of exposure data of
borrower is facilitated.
2. Banks and other reporting entities are raising frequent questions/seeking guidance on various aspects
of the CRILC. To provide ready reckoner to all the banks and other reporting entities, Guidance Note has
been prepared. Guidance note covers sections like Genesis of CRILC, Reporting Format and Data
Specifications, Hardware and Software, CRILC reporting in XBRL platform, Some Important Dos and
Donts, Commonly observed problems in CRILC-Main and CRILC Main-SMA2/JLF Formation, FAQ
etc.. The CRILC is envisaged to be the repository of exposure of Banks, AFIs, NBFC-SI, NBFC-Factors
and Insurance Companies. However, this guidance note is essentially meant for banks although the word
lender has been used at certain places which are contextual specific.
3. The guidance note is prepared as per the existing guidelines and reporting formats and modules. Once
the proposed changes/additions are implemented, appropriate changes and additions will be done.
4. If approved, we may publish the Guidance Note in the XBRL portal in PDF format, and also
communicate to the banks by a mail.

Submitted for approval please.

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Reference circulars
10.1
Framework for Revitalising Distressed Assets in the Economy dated January 30, 2014
10.2 DBS Circular on CRILC dated May 22, 2014
10.3 Framework for Revitalising Distressed Assets in the Economy Guidelines on Joint
Lenders Forum (JLF) and Corrective Action Plan (CAP)-DBR Circular. RBI/201310.4
10.5

14/503DBOD.BP.BC.No.97/21.04.132/2013-14 dated February 26, 2014.

DBS circular DBS.No.OSMOS.9862/33.01.018/2013-14 dated February 13, 2014
Framework for Revitalising Distressed Assets in the Economy Review of the
Guidelines on Joint Lenders Forum (JLF) and Corrective Action Plan (CAP)-DBR
circular dated October 21, 2014. RBI/2014-15/271DBOD.BP.BC.No.45 /

21.04.132/ 2014-15 dated October 21, 2014.

10.6

Guidelines on classification of Non-Cooperative Borrowers-DBR Circular RBI/2014-

10.7

15/362 DBR.No.CID.BC.54/ 20.16.064/ 2014-15 dated December 22, 2014.

Master Circular - Prudential norms on Income Recognition, Asset Classification and
Provisioning pertaining to Advances RBI/2014-15/74 DBOD.No.BP.BC.9/21.04.048 /

10.8

2014-15 dated July 1, 2014.

Master Circular Exposure Norms- RBI/2014-15/66 DBOD.No.Dir.BC.12/ 13.03.00 /
2014-15 dated July 1, 2014.