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The Reserve Bank of India (RBI) has issued the Credit Information Companies (Amendment) Directions, 2025, updating the regulatory framework governing credit information reporting companies (CICs). The amendments refine the existing Reserve Bank of India (Credit Information Companies) Directions, 2025 to strengthen data quality, reporting timelines, and standardisation of processes.

Under the revised directions, credit information companies must ensure more frequent and timely submission of credit data—full monthly files and incremental records—for accurate and updated reporting. CICs are also required to implement uniform data validation and online maintenance formats, minimise data rejections, and standardise reporting tables. These changes aim to enhance the reliability, completeness, and timeliness of credit information available to lenders and support robust credit risk assessment across the financial sector.

The amendments will come into force on July 1, 2026, giving stakeholders time to align systems and practices.