In a major move to enhance credit score accuracy and minimise reporting discrepancies, the Reserve Bank of India (RBI) has proposed making a unique borrower identification number mandatory for all ...
Reporting of CKYC (Central KYC) numbers to make identity matching cleaner Standard, uniform validation rules so one bureau doesn’t reject data that another accepts A monthly Data Quality Index (DQI) ...
The amendments will take effect from April 1, 2026, though banks may adopt them earlier. Existing related-party transactions ...