5  In the Indian context, where many borrowers do not have a credit history to begin with, the PCR will enable good borrowers to distinguish themselves.
Consequences of deregulation of geographic restrictions Deregulation of restrictions on geographic expansion within the United States has led to a more consolidated, but not a less competitive, banking system--one that is increasingly characterized by better diversified and more-efficient banking organizations that operate across wider geographic areas. Moreover, this system has also has had positive effects on overall economic and employment growth.