RBI Plans Weekly Credit Score Updates - What Does This Mean for Borrowers?

Borrowers may soon experience quicker credit score updates, as the Reserve Bank of India has proposed a shift from fortnightly to weekly reporting. 

The draft “Credit Information Reporting (1st Amendment) Directions, 2025,” released on 29 September 2025, outlines a major overhaul in the way Credit Information Companies update borrower data. 

Under the new framework, CICs such as CRIF High Mark will refresh credit information five times a month, on the 7th, 14th, 21st, 28th and the last day of each month. Institutions may also update more frequently if agreed mutually.

How the New Weekly System Will Operate?

Banks and NBFCs will continue to share a complete file of all borrower accounts by the third day of each month. This includes every active account and all those closed in the previous cycle. For the remaining weekly dates, lenders will report incremental changes such as new loans or cards issued, account closures, repayment status updates, demographic changes or shifts in asset classification. 

These updates must be submitted within two days of each reporting cut-off, enabling CICs to refresh credit scores almost in real time. The RBI has also built in accountability checks, requiring CICs to report any delays by lenders through the DAKSH portal during half-yearly reviews.

Impact on Borrowers and Credit Access

More frequent updates are expected to make credit scores more accurate and timely. Borrowers who improve repayment behaviour could see their scores rise within days, helping them qualify sooner for loans, credit cards or lower interest rates. For individuals rebuilding credit after past delays, the shorter waiting period could significantly improve access to financial products.

Also Read: SEBI Revives Proposal for Segregation of Non-Regulated Activities by Debenture Trustees!

Conclusion

The proposed weekly credit score update system marks a major shift toward faster, more transparent and borrower-friendly credit reporting. If implemented, it could reshape lending decisions and offer consumers quicker financial opportunities.

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