Legal Question in Banking Law in India

What is PCR as my bank says it will issue it as I have not paid the credit card bill from past 1 year


Asked on 12/25/09, 7:14 am

1 Answer from Attorneys

J. Radhakrishnan independent Practice

Poor Credit Record (PCR). It will be published in CIBIL (credit information bureau of India Ltd.) so that other lenders like banks would not touch you with barge pole.

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Answered on 12/27/09, 6:45 am


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