The RBI announced that credit information companies (CICs) will have to compensate clients for delays in updating or correcting their credit information by giving them a daily payment of Rs 100. The 'Framework for reimbursement to consumers for delayed updation/rectification of credit information' will be implemented in six months by CICs.
Related Keywords
India , , Equifax , Experian , Credit Information Bureau India Limited , Reserve Bank , Information Bureau , Credit Compensation , Rbi , Credit Institutions , Customer Service , Rbi Framework , Rbi Ombudsman ,
comparemela.com © 2020. All Rights Reserved.