Tag: credit report
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…
Posted in Finance
Cibil Report Delay Compensation: Borrowers to get compensation for delay in correction of credit report by credit information companies
Borrower to get compensation against the deficiency of credit information companies. The RBI proposes to improve the grievance redressal mechanism for borrowers. The proposal is…