Big RBI Announcement On CIBIL Score: To Be Updated Every 15 Days | Paisa Live

When applying for a loan, your credit score plays a crucial role in determining the amount you can borrow and in shaping your credit profile. To enhance the accuracy and timeliness of this important information, the Reserve Bank of India (RBI) has introduced new regulations. Under the new rules, your CIBIL score will now be updated every 15 days, rather than the previous monthly updates. This change aims to provide a more current reflection of your creditworthiness, helping both lenders and borrowers make informed decisions. To learn more about these updates and how they might impact you, watch the video until the end. It will offer a detailed explanation of the new RBI guidelines and their implications.