On February 6th, 2023, India’s Minister of Finance, Dr. Bhagwat Karad, responded to an unstarred question (PDF) from the Parliament regarding “Corporate Borrowers,” which mentioned the Legal Entity Identifier (LEI). In his answer, Dr. Bhagwat Karad stated that Public Sector Banks (PSBs) have informed that “17,234 non-individual / group borrowers have furnished their Legal Entity Identifier … Continue reading 17,234 corporate borrowers have furnished their Legal Entity Identifier (LEI) code
Tag Archives: GLEIF
Legal Entity Identifier (LEI) as a Gold standard
Several national, regional, and other identifiers are being used to cover specific needs in business, but the Legal Entity Identifier stands out compared to them because it is truly global and has already been adopted by many regulatory authorities across the world. The Legal Entity Identifier (LEI) is a 20-character, alphanumeric code that uniquely identifies … Continue reading Legal Entity Identifier (LEI) as a Gold standard