Blog

The Reserve Bank of India (RBI) has issued the Asset Reconstruction Companies – Credit Information Reporting (Amendment) Directions, 2025 to enhance the quality and timeliness of credit information shared with credit information companies (CICs). These amendments refine the existing Asset Reconstruction Companies – Credit Information Reporting Directions, 2025 to strengthen reporting standards and improve data accuracy.

Under the revised framework, credit information must be updated regularly based on specified reference dates each month, with full monthly data submitted by the fifth day of the following month. Incremental data must be furnished within four calendar days of each reference date. The amendments also require inclusion of Central KYC (CKYC) numbers where available and mandate timely rectification of rejected data before subsequent submissions.

These changes, effective July 1, 2026, aim to boost the completeness, consistency, and usability of credit reporting, supporting better credit risk assessment and financial sector transparency.