Banks to report credit card data to CICs biweekly: How will it impact you and banks? | Mint

Banks to report credit card data to CICs biweekly: How will it impact you and banks? | Mint

Source: Live Mint On 8th August 2024, the Reserve Bank of India (RBI) made an important announcement about the frequency of credit information reporting by banks/NBFCs to credit information companies (CICs) like CIBIL and others. What is this announcement, from when is it applicable, and how will it help banks/NBFCs and borrowers? Let us understand….

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