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AI ENGINEERING SERVICES LIMITED
(2 Floor, CRA Building, Safariing Airport Complex, New Delhi110003)
Andrew: AI ESL/HRH/AME/2023/3375Date: 15/05/2023Sub: Walking recruitment for the post of Aircraft
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What is 2 floor cra building?
The 2 Floor CRA building primarily refers to a reporting format under the Community Reinvestment Act (CRA) that financial institutions use to disclose their lending activities in a structured manner, typically covering two floors or levels of data.
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Financial institutions, such as banks and credit unions, that are subject to the Community Reinvestment Act are required to file the 2 Floor CRA building report if they meet certain asset size and loan activity thresholds.
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To fill out the 2 Floor CRA building, institutions need to gather their loan data, categorize it by demographics and geography, and complete the designated CRA report forms, ensuring all required information is accurately reported.
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The purpose of the 2 Floor CRA building is to provide transparency into a financial institution's lending practices and to ensure they are serving the needs of the community, particularly low- and moderate-income areas.
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Information required includes loan types, amounts, demographic data of borrowers, geographic distribution of loans, and the institution's lending performance in relation to the community's needs.
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