RBI raises issue of rise in customer complaints on credit information with CIC Chiefs
Reserve Bank of India (RBI) Deputy Governor Swaminathan J on Tuesday expressed concern at the rise in customer complaints related
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Tag: CICs
RBI asks CICs to send alerts to customers when their credit information report is accessed by lenders
The Reserve Bank of India (RBI) has asked credit information companies (CICs) to send alerts through SMS or email to
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Banks and Credit Info firms to compensate complainants if there is delay in updation/ rectification of credit information
Credit institutions (CIs) and credit information companies (CICs) will have to compensate complainants at the rate of ₹100 per day
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