RBI orders weekly loan data reporting to credit information cos from April 1, 2026
RBI has mandated that lenders submit borrower data to credit bureaus weekly instead of fortnightly from April 1, 2026. The move aims to improve credit underwriting and loan monitoring. Lenders must update data on fixed dates each month, share full monthly files, and report compliance, with defaulters flagged to RBI.
RBI has mandated that lenders submit borrower data to credit bureaus weekly instead of fortnightly from April 1, 2026. The move aims to improve credit underwriting and loan monitoring. Lenders must update data on fixed dates each month, share full monthly files, and report compliance, with defaulters flagged to RBI.
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