In a move to modernise the credit ecosystem, the Reserve Bank of India (RBI) on Monday released a draft amendment to the Credit Information Reporting Directions, 2025, proposing a shift from fortnightly to weekly credit reporting.

Effective April 1, 2026, this mandate requires all credit institutions (CIs) and credit information companies (CICs) to submit full monthly files along with incremental weekly updates covering account closures, repayments, and reclassifications.

The circular also introduces CKYC number reporting, uniform data validation protocols, and monthly data quality index (DQI) scores, laying the groundwork for a more accurate and responsive credit infrastructure. This regulatory push is expected to be a step in the right direction toward daily credit reporting, w

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