Tag: credit information companies

Reserve Bank of India: RBI shortens frequency of credit reporting to 15 days
Posted in Economy

Reserve Bank of India: RBI shortens frequency of credit reporting to 15 days

The Reserve Bank of India (RBI) on Thursday shortened the frequency of reporting credit information of borrowers to credit information companies (CIC) to 15 days….

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Customers to receive alerts when their credit information report is accessed by lenders: RBI asks CICs
Posted in Finance

Customers to receive alerts when their credit information report is accessed by lenders: RBI asks CICs

The Reserve Bank of India (RBI) has asked Credit Information Companies (CICs) to notify clients via SMS or email when banks and Non-banking Financing Companies…

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rbi: Credit bureaus to be brought under RBI's ombudsman
Posted in Economy

rbi: Credit bureaus to be brought under RBI’s ombudsman

The Reserve Bank of India on Thursday said it will bring Credit Information Companies (CICs) under the aegis of the RBI Integrated Ombudsman Scheme. Doing…

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