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Saturday 13 March 2021

Credit bureaus to note Covid loan rejigs

The RBI has asked credit information companies (CICs, or credit bureaus) to create new information fields in their borrower history to reflect loans that are restructured due to Covid. The changes will apply to databases of consumer loans, credit to businesses and microfinance.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OJHuit

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