RBI has laid down one uniform rulebook for how all lenders (including NBFCs) must report, share, and correct borrower credit data with Credit Information Companies (CICs) like CIBIL, Experian, Equifax, and CRIF High Mark. The goal of these Directions is to improve data accuracy, transparency, and consumer protection in India’s credit ecosystem.

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⚠️ Disclaimer: This note is a brief overview of RBI’s Credit Information Reporting regulations as of October 2025. The regulatory framework is subject to periodic updates and amendments. For the most current and authoritative version, please refer to the official RBI website.

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💡Credit Information Companies (CICs) means companies that have been granted a certificate of registration under section 5 of the CICRA. The CICs registered with RBI under Section 5 of the Credit Information Companies (Regulations) Act, 2005 (CICRA. A list of registered CICs can be found in the Annex I of these Directions.

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1️⃣ Who it applies to

2️⃣ Mandatory Membership

3️⃣ Credit Data Reporting

4️⃣ Data Validation & Quality

5️⃣ Credit Reports & Borrower Access

6️⃣ Sharing Data with Fintechs / Third Parties

7️⃣ Correction & Dispute Handling

8️⃣ Customer Alerts & Transparency

9️⃣ Grievance Redressal & Compensation