No more 2-day wait for cheque clearing, RBI cuts timing to 'few hours'
Other initiatives announced by RBI include new lending apps repository, and higher transaction limit and "delegated payments" in UPI
credit information
August 2024
October 2023
April 2023
RBI increases premature deposit withdrawal limit to ₹1 cr
RBI directs credit bureaus to resolve complaints in 30 days or pay ₹100/day fine
RBI proposes compensation for delay in correction of credit reports
The central bank suggests a provision for SMS or email alerts to customers when their credit information is accessed from Credit Information Companies.
