RBI directions for submission of information to Credit Information Companies (CICs) by ARCs
The revised guidelines are a crucial step toward enhancing the transparency and reliability of credit reporting in the financial system. By mandating membership with all CICs, the RBI ensures that ARCs provide uniform and comprehensive data, which helps in the accurate assessment of credit risk. For borrowers, this means that their credit history will be more consistently tracked, even after their loans are transferred to ARCs, ensuring that their repayment behavior is adequately reflected in their credit scores.
Ministry of Youth Affairs and Sports invites Comments on Draft National Sports Governance Bill, 2024
Stakeholders and general public have been requested to send suggestions/comments to the Ministry preferably by email at email id draft.sportsbill[at]gov[dot]in by 25.10.2024. Draft National Sports Governance Bill 2024 can be accessed at https://yas.nic.in/sports/draft-national-sports-governance-bill-2024-inviting-comments-suggestions-general-public-and.
DCI Advisory regarding admission in BDS/MDS/ PG Diploma Courses
All the dental colleges are directed to intimate this Council within 15 days about cancellation/discontinuation/discharge of any student from the college, failing which, appropriate action shall be taken under the provision of Dentists Act and Regulations made thereunder.
DCI Regulations on curbing the Menace of Ragging in Dental Colleges, 2009
The DCI has framed ‘DCI Regulations on curbing the Menace of Ragging in Dental Colleges, 2009’ in order to prohibit, prevent and eliminate the scourge of ragging in dental colleges I institutions.
RBI directs CICs and CIs to implement credit information reporting mechanism to the cancellation of the licence/CoR of banks/Non-Banking Finance Companies (NBFCs)
These CIs shall continue to report credit information of the borrowers on-boarded and reported to CICs prior to cancellation of their licence or CoR to all the four CICs till the loan lifecycle is completed or the credit institution is wound up, whichever is earlier.
