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Banking Finance Year 2025 February 2025 RBI NEWS

RBI Imposes Compensation for Delays in Credit Data Updates

February 17, 2025 admin 0 Comments banking regulations, CIBIL, CIC, compensation, credit complaints, credit data update, credit information companies, credit institutions, credit reporting, credit score, CRIF High Mark, Equifax, Experian, financial transparency, rbi, RBI GUIDELINES

The RBI has mandated compensation of Rs 100 per day for delays in credit data updates by credit information companies

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Banks file over 2,800 suits to recover Rs. 1 lakh crore in a year

April 20, 2019 admin 0 Comments CIBIL, Transunion Cibil

Banks have filed suits against over 2,800 loan defaulters for recovery of around Rs 1,09,000 crore during the 12-month period

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