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RBI tightens oversight on credit bureaus; pushes for real-time data updates and greater transparency
RBI Deputy Governor M. Rajeshwar Rao echoed these views in a recent speech, stating that transparency, efficiency, and trust ...
Many people need CIBIL credit scores urgently before loan application, now this new directives by RBI can help them.
The RBI plans to introduce a unique borrower ID for all loan accounts to minimise and reduce credit report errors, enhance ...
The initiative is aimed at enhancing transparency in digital lending practices, in how loan products are offered and ...
RBI Deputy Governor emphasizes real-time credit updates for improved underwriting precision and consumer experience at Credit ...
In his keynote address at TransUnion CIBIL’s Credit Conference, RBI Deputy Governor M Rajeshwar Rao said identity ...
RBI Deputy Governor M Rajeshwar Rao has urged credit bureaus to adopt real-time reporting and identity standardisation, while ...
The Reserve Bank of India (RBI) is pushing for more frequent, real-time credit reporting to enhance transparency and consumer ...
RBI Consolidates Instruction On Credit Information Of Customers. Monday January 6, 2025; India News | Press Trust of India; The RBI on Monday came out with a master direction consolidating various ...
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 ...
RBI Deputy Governor M Rajeshwar Rao has asked credit information companies like TransUnion Cibil to switch to real-time data reporting from fortnightly at present.
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