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“ The fortnightly reporting frequency would ensure that credit information reports provided by CICs reflect more recent information. This will be beneficial to both borrowers and lenders (CIs). Borrowers will have the benefit of faster updation of information, especially when they have repaid the loans. Lenders will be able to make better risk assessments of borrowers and also reduce the risk of over-leveraging by borrowers,
Shaktikanta Das, 9 months
RBI shortens frequency of bank reports to credit information companies

Statements by Shaktikanta Das

“ As a country, we can derive satisfaction that the Indian economy has not just navigated this period of trials successfully but also emerged stronger. As we strive together towards making India a…
Shaktikanta Das, 5 months
Shaktikanta Das: Man Behind GST, Monetary Response During Covid
“ Use of money mule accounts is a common method adopted by fraudsters to channel proceeds of frauds,
Shaktikanta Das, 5 months
Meet MuleHunter, RBI’s new AI tool to tackle digital fraud
“ The public at large understands inflation more in terms of food inflation than the other components of headline inflation,
Shaktikanta Das, 6 months
RBI should cut interest rates, look through food prices: Piyush Goyal

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