{"id":90803,"date":"2026-07-20T17:21:13","date_gmt":"2026-07-20T11:51:13","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=90803"},"modified":"2026-07-20T17:21:17","modified_gmt":"2026-07-20T11:51:17","slug":"rbi-revised-credit-information-reporting-framework","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/rbi-revised-credit-information-reporting-framework\/","title":{"rendered":"RBI\u2019s Revised Credit Information Reporting Framework: A Compliance Check for NBFCs"},"content":{"rendered":"<p>The revised Credit Information Reporting Framework of the RBI is now in the implementation stage for NBFCs, making it important for existing NBFCs and businesses eyeing&nbsp;<strong><a href=\"https:\/\/enterslice.com\/nbfc-registration\" target=\"_blank\" aria-label=\"undefined (opens in a new tab)\" rel=\"noreferrer noopener\"><a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;NBFC&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Non-Banking Financial Companies (NBFC) operate similarly to banks but do not possess the legal status of a bank. Registered under the Companies Act 2013 and governed by the RBI Act&amp;#039;s section(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/nbfc\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>NBFC<\/a> registration<\/a><\/strong>&nbsp;to understand the reporting obligations from the beginning. The Reserve Bank of India (Non-Banking Financial Companies-&nbsp;Credit Information Reporting) <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Amendment&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;An &amp;quot;amendment&amp;quot; refers to the formal change or correction of a legal document, often involving additions, variations, or deletions to address irregularities or clarify points in an agreement.(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/amendment\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Amendment<\/a> Directions, 2025, were issued by the RBI on 4 December 2025. These revised rules have come into effect from 1 July 2026.&nbsp;<\/p>\n\n\n\n<p>NBFCs had a few months to prepare.&nbsp;But the real test has now begun because the most important thing is now to check whether the rules actually work in the first few reporting cycles.&nbsp;<\/p>\n\n\n\n<p>This change is not limited to changing the reporting date. It affects everything:&nbsp;Loan Management System (LMS), customer records, CKYC data, data validation, correction of rejected records, reconciliation, and internal controls.&nbsp;<\/p>\n\n\n\n<p>Now the question is not just &ldquo;Have NBFCs understood the new RBI rules?&rdquo; The real question is, have NBFCs been able to implement this revised framework in their day-to-day&nbsp;work?&nbsp;So, let&rsquo;s discuss it in more detail.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What has&nbsp;Changed since July 1, 2026?&nbsp;<\/h2>\n\n\n\n<p>Under the revised framework, NBFCs will now have to update credit information on four reporting reference dates per month. This change will require more frequent reporting and greater emphasis on data quality than before.&nbsp;<\/p>\n\n\n\n<p><strong>The key reporting reference dates are<\/strong>:&nbsp;<\/p>\n\n\n\n<ul>\n<li>9th<\/li>\n\n\n\n<li>16th<\/li>\n\n\n\n<li>23rd<\/li>\n\n\n\n<li>Last day of the month<\/li>\n<\/ul>\n\n\n\n<p>Reporting on the 9th, 16th, and 23rd will rely on incremental reporting. Only loan accounts that have undergone significant changes since the&nbsp;previous&nbsp;reporting date will be included in this file. This incremental information must be&nbsp;submitted&nbsp;to the CIC within 4 calendar days of the relevant reference date.&nbsp;<\/p>\n\n\n\n<p>On the other hand, a complete data file will have to be&nbsp;submitted&nbsp;for end-of-month reporting. This will include all active loan accounts and loan accounts closed after the&nbsp;previous&nbsp;reporting reference date. This file will have to be&nbsp;submitted&nbsp;by the 5th of the following month.&nbsp;<\/p>\n\n\n\n<p>The issue of the CKYC number is also important in the revised rules. If the CKYC number of the borrower is available or becomes available later, it will have to be included in the credit information reporting.&nbsp;<\/p>\n\n\n\n<p>If any other record is rejected by CIC, it cannot be left until the next reporting cycle. The incorrect record will have to be corrected and resubmitted before or with the submission of the next reporting reference date. So, the possibility of carrying forward incorrect data in the next cycles is reduced.&nbsp;<\/p>\n\n\n\n<p>In addition, through CICs, information about non-compliant NBFCs can reach the RBI through the supervisory mechanism. Therefore, reporting failure can now create much more regulatory visibility than before.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How will the&nbsp;New&nbsp;Reporting&nbsp;Cycle&nbsp;Work?&nbsp;<\/h2>\n\n\n\n<p>To understand the new rules,&nbsp;let&rsquo;s&nbsp;take a reporting cycle of July 2026. Suppose the NBFC has&nbsp;submitted&nbsp;its last complete credit information file as of 30 June 2026.&nbsp;<\/p>\n\n\n\n<p>Then, between 1 July and 9 July, there may be changes in various borrower accounts. For example:&nbsp;<\/p>\n\n\n\n<ul>\n<li>A new borrower took a personal loan of Rs 8 lakh.<\/li>\n\n\n\n<li>A borrower paid the EMI, reducing the outstanding balance.<\/li>\n\n\n\n<li>A borrower paid the entire loan and closed the account.<\/li>\n\n\n\n<li>A borrower did not pay the EMI, and the DPD changed from 0 to 8 days.<\/li>\n\n\n\n<li>An old borrower&rsquo;s CKYC number was found.<\/li>\n\n\n\n<li>The guarantor information for a loan account changed.<\/li>\n<\/ul>\n\n\n\n<p>Such changes will become important in the reporting cycle of July 9. However, the NBFC will not have to re-upload the entire loan portfolio.&nbsp;Only accounts with relevant changes will have to be included in the incremental file with updated information.&nbsp;<\/p>\n\n\n\n<p>Active loan accounts that have not changed since June 30 will not need to be included in this incremental reporting cycle.&nbsp;<\/p>\n\n\n\n<p>Let&rsquo;s&nbsp;say CIC rejects two records. In one record, the customer identifier is wrong, and in the other, the CKYC number format is not correct. These errors cannot be kept&nbsp;till&nbsp;the next reporting cycle. NBFCs will have to amend and resubmit before or with the July 16 reporting submission.&nbsp;<\/p>\n\n\n\n<p>The reporting method will change again at the end of the month. A complete file will have to be&nbsp;submitted&nbsp;for the position as of the last day of July. This will include all active loan accounts and accounts closed after the&nbsp;previous&nbsp;reference date. This complete file for July will have to be&nbsp;submitted&nbsp;by August 5, 2026.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Has your NBFC really&nbsp;Implemented this&nbsp;Framework?&nbsp;<\/h2>\n\n\n\n<p>NBFC leadership needs to ask itself some questions. Just because the reporting file is being&nbsp;submitted, it cannot be assumed that the revised framework has been fully implemented.&nbsp;<\/p>\n\n\n\n<p>A practical self-check can be done:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Has the first incremental file been&nbsp;submitted&nbsp;within the stipulated time?&nbsp;<\/li>\n\n\n\n<li>Is the LMS able to automatically detect changed accounts?&nbsp;<\/li>\n\n\n\n<li>Are new loans, loan closures, DPD changes, restructurings, and other relevant events being captured correctly?&nbsp;<\/li>\n\n\n\n<li>Is the CKYC number from the customer record going correctly to the CIC reporting file?&nbsp;<\/li>\n\n\n\n<li>Is there automated validation for PAN, customer identifier, DPD, account status, and other important fields?&nbsp;<\/li>\n\n\n\n<li>Is there a maker-checker process in place before file upload?&nbsp;<\/li>\n\n\n\n<li>Are CIC-rejected records being tracked and fixed before the next reporting cycle?&nbsp;<\/li>\n\n\n\n<li>Have&nbsp;the reporting calendar, SOP, and escalation process been updated as per the new rules?&nbsp;<\/li>\n\n\n\n<li>Have the Operations, IT, Credit, Collections, and Compliance teams been trained&nbsp;on&nbsp;the revised process?&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Here is one thing to remember: &ldquo;We are submitting the file&rdquo; alone is not proof of implementation.If incorrect data is generated in the system, rejected records are not fixed on time, or the team does not know the new process, then&nbsp;<strong><a href=\"https:\/\/enterslice.com\/nbfc-annual-compliance\">NBFC&nbsp;compliance<\/a><\/strong>&nbsp;is not yet complete.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What&nbsp;Changes are&nbsp;Needed within the NBFC?&nbsp;<\/h2>\n\n\n\n<p>Implementing the revised framework does not just require changing the reporting date. Coordination across multiple operational layers of the NBFC is&nbsp;required.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Loan Management System&nbsp;<\/h3>\n\n\n\n<p>The LMS should be configured so that relevant changes between two reporting reference dates can be&nbsp;identified. Changes like new loans, closures, repayments, DPD changes, restructurings, or other reportable events should be captured by the system.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Customer Data and Master Records&nbsp;<\/h3>\n\n\n\n<p>Customer information should be consistent across the LMS, data warehouse, CKYC records, and CIC reporting files. If there is a mistake in one place, that can be passed on to the next reporting file as well.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">CKYC Integration&nbsp;<\/h3>\n\n\n\n<p>CKYC information should be captured correctly during loan onboarding. If the CKYC number of the old borrower is found later, it should be updated in the customer master and sent correctly to the reporting file as well.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Data Validation&nbsp;<\/h3>\n\n\n\n<p>There should be automated validation before uploading the file. Missing fields, incorrect customer identifiers, incorrect DPDs, mismatches of account status, or other data errors should be&nbsp;identified&nbsp;in advance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Rejection Management&nbsp;<\/h3>\n\n\n\n<p>If a record is rejected&nbsp;by a&nbsp;CIC, it should have a specific owner. The reason for the mistake should be found, and the record should be corrected and resubmitted before the next reporting cycle.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Reconciliation&nbsp;<\/h3>\n\n\n\n<p>Credit reporting data should be regularly reconciled with internal systems and records. This will quickly catch mismatches such as outstanding balance, loan status, or DPD.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">SOP and Training&nbsp;<\/h3>\n\n\n\n<p>New reporting dates, submission timelines, file requirements, and escalation responsibilities should be clearly written in the SOP. It is also important to provide regular training to operations, IT, credit, collections, and compliance teams.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Is Manual Process Enough?&nbsp;<\/h3>\n\n\n\n<p>With four reporting cycles per month, the time to collect, check, and correct data has been&nbsp;greatly reduced. So, relying solely on spreadsheets, manual checking, and separate systems can increase the possibility of errors.&nbsp;<\/p>\n\n\n\n<p>This can result in:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Missing reporting deadlines&nbsp;<\/li>\n\n\n\n<li>Creating incorrect incremental files&nbsp;<\/li>\n\n\n\n<li>Duplicate or missing records&nbsp;<\/li>\n\n\n\n<li>CKYC mismatch&nbsp;<\/li>\n\n\n\n<li>DPD reporting errors&nbsp;<\/li>\n\n\n\n<li>Delay in fixing rejected records&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>So, automated data extraction, pre-submission validation, and reporting workflows are now more necessary. Having a specific reporting owner or dedicated team also helps to manage regular submissions, CIC responses, rejected records, and internal escalation.&nbsp;<\/p>\n\n\n\n<p>Technology is not just a convenience here. In the case of the revised framework, it is an important part of compliance.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What are the&nbsp;Risks of&nbsp;Weak&nbsp;Compliance?&nbsp;<\/h2>\n\n\n\n<p>Delayed, incomplete, or inaccurate credit information reporting can create two types of risks for NBFCs:&nbsp;regulatory and operational. Incorrect reporting can lead to supervisory observation, and RBI surveillance can also increase.&nbsp;<\/p>\n\n\n\n<p>CICs can report information on non-compliant NBFCs to the RBI. So, reporting weaknesses&nbsp;are&nbsp;not just an internal issue. It can also be visible at the regulatory level.&nbsp;<\/p>\n\n\n\n<p>It can also have a direct impact on the borrower. For example:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Incorrect credit information&nbsp;<\/li>\n\n\n\n<li>Incorrect DPD reporting&nbsp;<\/li>\n\n\n\n<li>Delay in loan closure update&nbsp;<\/li>\n\n\n\n<li>CKYC-related identification problem&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>This can result in customer complaints, reputational damage, and business concerns. Especially in the case of fintech-linked NBFCs or companies in co-lending and other partnership models, data quality issues can also affect the partner relationship.&nbsp;<\/p>\n\n\n\n<p>So, errors in credit reporting are not just a compliance problem for the NBFC.&nbsp;They can also have an impact on the borrower&rsquo;s credit profile&nbsp;and overall business trust.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A Compliance Health Check for NBFC Leadership&nbsp;<\/h2>\n\n\n\n<p>Senior management should review the following before the next reporting cycle:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Are&nbsp;all reporting dates mapped correctly in the system?&nbsp;<\/li>\n\n\n\n<li>Is the LMS automatically detecting incremental changes?&nbsp;<\/li>\n\n\n\n<li>Are all files&nbsp;validated&nbsp;before sending to CIC?&nbsp;<\/li>\n\n\n\n<li>Are rejected records being closed within the next reporting cycle?&nbsp;<\/li>\n\n\n\n<li>Are CKYC numbers being captured and transmitted correctly?&nbsp;<\/li>\n\n\n\n<li>Are any accounts missing from the month-end complete file?&nbsp;<\/li>\n\n\n\n<li>Is the responsibility for reporting assigned to a specific team or individual?&nbsp;<\/li>\n\n\n\n<li>Is management reviewing the trend and root cause of rejections?&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>If the answer to any of these questions is &ldquo;no&rdquo;,&nbsp;then an internal review should be conducted before the next reporting cycle.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How Does Enterslice Help NBFCs Build Stronger Compliance Processes?&nbsp;<\/h2>\n\n\n\n<p>While implementing a new framework, gaps may remain at various points in an NBFC. Regulatory interpretation, SOP, reporting process, internal controls, and compliance monitoring-&nbsp;are&nbsp;all areas that may require review. Enterslice can help NBFCs strengthen their existing compliance processes.<\/p>\n\n\n\n<p><strong>Our Services:<\/strong>&nbsp;<\/p>\n\n\n\n<ul>\n<li>Regulatory compliance assessment&nbsp;<\/li>\n\n\n\n<li>Credit information reporting process review&nbsp;<\/li>\n\n\n\n<li>Internal compliance review&nbsp;<\/li>\n\n\n\n<li>SOP and policy documentation&nbsp;<\/li>\n\n\n\n<li>Process gap identification&nbsp;<\/li>\n\n\n\n<li>Data governance controls&nbsp;<\/li>\n\n\n\n<li>Compliance monitoring framework&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>The main goal should not be to just say &ldquo;we understand the amendment.&rdquo;&nbsp;Rather, it should be to ensure that the NBFC&rsquo;s systems, people, and processes are working as per the new framework.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion&nbsp;<\/h2>\n\n\n\n<p>RBI&rsquo;s revised credit information reporting framework has not just changed the reporting frequency. It has changed the entire process of how NBFCs capture,&nbsp;validate, monitor, and&nbsp;submit&nbsp;credit information.&nbsp;<\/p>\n\n\n\n<p>The first reporting cycle is therefore a crucial opportunity. It is at this time that system gaps, data quality issues, reconciliation problems, and internal control weaknesses can be&nbsp;identified.&nbsp;<\/p>\n\n\n\n<p>Credit bureau reporting should no longer be seen as a simple back-office filing. It is now a critical part of prudential compliance and data governance.&nbsp;<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/enterslice.com\/\">Enterslice<\/a>&nbsp;<\/strong>can&nbsp;help NBFCs review existing reporting processes,&nbsp;identify&nbsp;operational and documentation gaps, assess compliance with workflows, and strengthen internal controls. It is advisable to conduct an implementation review to create a more reliable reporting mechanism as per the revised framework of the RBI.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs Related To&nbsp;RBI&rsquo;s Revised Credit Information Reporting Framework<\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3>When did the revised credit information reporting framework of the RBI come into effect for NBFCs?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">RBI&rsquo;s Non-Banking Financial Companies &ndash; Credit Information Reporting Amendment Directions, 2025, were notified on 4 December 2025. The revised framework came into effect&nbsp;on&nbsp;1 July 2026. Now, NBFCs will have to follow the new reporting reference dates, incremental reporting, CKYC number reporting, and rejected data correction. The first few reporting cycles are not just routine filings but an important test to verify whether the framework has been properly implemented.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What are the specific dates&nbsp;for&nbsp;the four reporting cycles&nbsp;for NBFCs?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">NBFCs will have to update credit information as per four specific reporting reference dates every month. These dates are the 9th, 16th, 23rd, and the last day of the month. Reporting on the 9th, 16th, and 23rd depends on the incremental changes that have occurred since the&nbsp;previous&nbsp;reference date. A complete credit information file is&nbsp;required&nbsp;for month-end reporting.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What is incremental reporting under the revised RBI framework for NBFCs?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Incremental reporting means that the entire loan portfolio does not have to be uploaded again in every interim reporting cycle. Only those accounts that have undergone relevant changes since the&nbsp;previous&nbsp;reporting date&nbsp;are required to&nbsp;be reported. This may include new loans, changes in outstanding balance, loan closures, DPD changes, CKYC updates, or other reportable borrower information. Accounts that have not undergone any changes are not included in the incremental file.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>How should NBFCs handle rejected credit information records?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">If a record is rejected by CIC, it should not be kept pending for a long time. As per the revised framework, NBFCs will have to correct the rejected information and resubmit it before or with the submission of the next reporting reference date. This requires a rejection tracking system, specific ownership, and root-cause analysis. Operations, IT, and compliance teams need to work together to ensure that the same mistake is not repeated.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>How soon should changes in Days Past Due (DPD) be reported?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Any change in DPD status of a borrower should be captured and reported in the next reporting cycle. Delinquency information should not wait to be updated only at the end of the month. The NBFC&rsquo;s system should detect the DPD change and include it in the relevant reporting file. This reduces the chances of incorrect or outdated delinquency information in the borrower&rsquo;s credit history.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>Which platform does RBI use to&nbsp;monitor&nbsp;these reporting timelines?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">RBI&rsquo;s supervisory monitoring is linked to the DAKSH platform. This platform is important for monitoring NBFCs' reporting compliance, submission status, and supervisory information. So, reporting delays, missing submissions, or recurring compliance issues should not be viewed as just an internal operational problem. NBFCs should maintain a robust reporting calendar, submission tracking, and escalation process to ensure that the timeline is not missed.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What happens if an NBFC&nbsp;fails to&nbsp;submit&nbsp;data on the due date?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Failure to&nbsp;submit&nbsp;credit information within the stipulated&nbsp;time frame&nbsp;can create problems in the NBFC&rsquo;s compliance record. Missed or delayed submissions can be subject to supervisory review. Repeated delays, incomplete files, or inaccurate data can increase regulatory scrutiny. So, NBFCs should have a reporting calendar, automated reminders, internal escalation, and management monitoring.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What does RBI mean by &ldquo;Single Source of Truth&rdquo;?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">&ldquo;Single Source of Truth&rdquo; means that an NBFC&rsquo;s important borrower data should be consistent across different systems. There should be no unnecessary mismatch between the loan management system, customer master, data warehouse, internal <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Accounting&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Accounting is the language of business, serving as the backbone of financial management and decision-making. It involves the systematic recording, analysis, and reporting of financial(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/accounting\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>accounting<\/a> records, and the credit information sent to CIC. If the loan balance, account status, or DPD of the same borrower is different in different systems, then there can be incorrect reporting.&nbsp;So, data consistency is very important.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>How will NBFCs handle errors&nbsp;if Credit Information Companies (CICs) reject a file?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">NBFCs should run automated pre-validation before sending the file to CIC. This can catch missing fields, incorrect format, invalid customer identifiers, or logical inconsistencies in advance. If a record is rejected, the reason should be tracked separately. The responsibility for correction should be assigned to a specific team or individual, and the corrected record should be resubmitted before the next reporting cycle. This can reduce repeated rejection.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>Is it mandatory for NBFCs to report borrowers' CKYC numbers?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">As per the revised framework,&nbsp;the borrower&rsquo;s CKYC number must be reported if available or when it becomes available later. So, CKYC data should not be viewed as information only at the time of onboarding.&nbsp;NBFCs have to update customer master records and send that information correctly to the CIC reporting file.&nbsp;A mismatch in CKYC data can create problems in both customer identification and credit information reporting.&nbsp;<\/p><\/li><\/ol><\/div>","protected":false},"excerpt":{"rendered":"<p>The revised Credit Information Reporting Framework of the RBI is now in the implementation stage for NBFCs, making it important for existing NBFCs and businesses eyeing&nbsp;NBFC registration&nbsp;to understand the reporting obligations from the beginning. The Reserve Bank of India (Non-Banking Financial Companies-&nbsp;Credit Information Reporting) Amendment Directions, 2025, were issued by the RBI on 4 December [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":90808,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[11337],"tags":[],"acf":{"service_id":"994"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI\u2019s Revised Credit Information Reporting Framework<\/title>\n<meta name=\"description\" content=\"Now the question is not just \u201cHave NBFCs understood the new RBI rules?\u201d The real question is, have NBFCs been able to implement this revised framework in their day-to-day work?\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/rbi-revised-credit-information-reporting-framework\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI\u2019s Revised Credit Information Reporting Framework\" \/>\n<meta property=\"og:description\" content=\"Now the question is not just \u201cHave NBFCs understood the new RBI rules?\u201d The real question is, have NBFCs been able to implement this revised framework in their day-to-day work?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/rbi-revised-credit-information-reporting-framework\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-20T11:51:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-20T11:51:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/07\/RBIs-Revised-Credit-Information-Reporting-Framework.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1774\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Monisha Chaudhary","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/04\/Monisha-Chaudhary-150x150-1.jpg","authorDescription":"Monisha Chaudhary is a distinguished partner at Enterslice with 10+ years of relevant industry experience in company incorporation, fintech, regulatory compliance, insurtech consulting, and M&amp;A. Her creative thought process pushes her to draft excellent writeups. Besides effortlessly tackling business challenges, she invests her free time in writing blogs and articles.","postViews":15,"readingTime":9,"nextPost":null,"prevPost":{"id":90797,"slug":"rbi-extends-fla-return-due-date"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/07\/RBIs-Revised-Credit-Information-Reporting-Framework.png","postTerms":"RBI","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90803"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=90803"}],"version-history":[{"count":5,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90803\/revisions"}],"predecessor-version":[{"id":90809,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90803\/revisions\/90809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/90808"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=90803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=90803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=90803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}