Your CIBIL score will be updated faster as credit information companies will now get fortnightly reports from lenders, says RBI

CIBIL score: Now credit information companies like TransUnion CIBIL, etc will get credit information report from lenders on a fortnightly basis. RBI Governor said that this will help borrowers as now they will get faster updates in their credit information report. Moreover this will also help lenders too. Read below to know more.