Hi @manish_bmpl
Thanks for your response!
The 24 MHz clock signal is critical for the system. Also, the DCDC_OUT, as typically, provides 1.8v to the VDD_SOC_IN pins, which are critical power supply pins. Without them it is likely for the system to fail.
I do not know if you are using DCDC, but if you do for the VDD_SOC_IN pins, please make sure to review your DCDC connection diagram according to your guide. Please specify if you are not using DCDC.
In the same way, check the 24 MHz clock, the system should see oscillation there. If your crystal is broken, try a bypass setting. According to the RM, you can use inject external 24 MHz clock generator signal. See details in 5.4.2 Bypass Configuration (24 MHz) of the IMXRT1020RM.
Do not hesitate to share your findings,
Diego