The Reserve Bank of India (RBI) has introduced significant rules regarding CIBIL scores, which came into effect from January ...
The Reserve Bank of India (RBI) has mandated credit lenders to update the credit bureau records every fortnight, starting from January 1, 2025. So far the credit report is updated in a monthly cycle.
MUMBAI: Consolidating its guidelines on credit information reporting in a master circular, the Reserve Bank of India (RBI) has instructed credit information companies (CICs) to notify customers ...
Banks have also sounded the finance ministry on the need for easing the stringent RBI guidelines which are likely to hit credit growth.
The Reserve Bank of India (RBI) has recently implemented a new regulation regarding credit reporting practices. Starting from January 1, 2025, lenders are required to update credit bureau records ...
The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.
With effect from January 1, 2019, the RBI has mandated the use of only EMV Chip and PIN-based debit and credit cards. Also, the scope of UPI was expanded by permitting linkage of RuPay credit card ...
Additionally, RBI warns about the risks associated with top-up and private credit loans, emphasizing the need for careful monitoring. In light of these concerns, RBI had instructed that all top-up ...
RBI’s new rule aims to provide borrowers with a more up-to-date and accurate credit score.(MINT_PRINT) As from January 1, 2025, one of the key regulations taken by the Reserve Bank of India will ...
The Reserve Bank of India (RBI) has issued a master direction mandating that Credit Information Companies (CICs) must notify customers via SMS or email whenever their Credit Information Report ...
Mumbai, Jan 6 (PTI) The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of ...