reporting

I am sharing my experience so that others understand how banks handle credit card closures, LTF commitments, and CIBIL reporting, and how useful the RBI Ombudsman process can be when things go wrong. My first case was with Axis Bank. I had requested closure of my credit card long back. The card...

I need to share a shocking case of negligence by SBI Card that destroyed my credit profile. The Timeline: Oct 2022: I closed my SBI Credit Card. Oct 2022 – Sep 2024: Instead of closing it, SBI continued to report the card as "Active" to CIBIL. My report shows "Payment History" for 2023 and 2024...

I am facing a really weird issue with my credit reports. I had taken an education loan under the WBSCC scheme a few years back (4% simple interest seemed like a really good offer then). The bank allotted was a local cooperative bank: Burdwan Central Cooperative Bank Ltd. Everything seemed good...

I was a holder of the Axis Bank Neo Credit Card I successfully upgraded this card to an Axis Bank Visa Credit Card previously The annual fee for the old Neo card, which was charged, was correctly reversed as part of the upgrade process, as visible on the final statement for that account.and in...

Hey everyone recently I have got one hdfc pixel play credit card does anyone know on which date hdfc bank sends the outstanding balance data to cibil ? I had once used the card fully for making a purchase I have a limit of 50k and out of which I had spent 40k and then the very next Day I had...

My sister has an active car loan but usually doesn’t check her CIBIL score. Recently, she checked it for a specific need and discovered that SBI had incorrectly reported nine late payments from 2021 to 2022. This discrepancy appears in both her Experian and CIBIL reports. Should she request a...

Hi All, I have a query regarding the Annual Information Statement (AIS) reporting by banks for credit card expenses exceeding ₹10 lakh in a financial year. Is the ₹10 lakh threshold applicable cumulatively across all credit cards held by an individual, irrespective of the issuing bank, or is...

Hello Guys, I am posting this thread to ask some of my questions regarding cibil Yaa, so let's start I am having total of 5 loans out of which 4 are consumer durable and 1 is personal loan Hdfc bank (Consumer durable) taken in 2023 November.... It was reported to experian but not in cibil...

Do we have to report wallet Apps ( Slice , Payzapp , Amazon pay )transactions Like Credit And Debit all to ITR while ITR Filling?

The Reserve Bank of India (RBI) has introduced a new Master Direction titled "Credit Information Reporting by Credit Institutions" (Circular: RBI/DoR/2024-25/125 DoR.FIN.REC.No.55/20.16.056/2024-25 Dated: January 06, 2025) These measures aim to enhance transparency, data accuracy, and customer...

Guys, We already know that the new norms of cibil reporting comes into place w.e.f 1 Jan 2025. As per the new rules ,the banks and other financial institutions should report outstanding balances of loans and credit card accounts atleast every fortnight. In this regard some banks adopted...

I have noticed for the last 20-25 days, HDFC has been reporting to CIBIL every week starting from: 23 Nov → 30 Nov → 7 Dec Previously HDFC used to report ONCE on month-end ie. on 30/31 of every month. This is even faster and earlier than the RBI new guidelines of biweekly reporting w.e.f. 1...

Updated: as on 18-12-2024 Hello everyone, as i have cibil subscription and recently I've noticed that my scores started to dance within same month and observed that hdfc reporting on every 6/7th and 22/23rd day of month (every 15 days). So be careful if you use your cards in a way which could...

So, I have a FD Backed OneCard Lite Credit Card (Account Created On July 2021) from OneCard-SBM Bank. Just in this month of december I noticed on GPay App that SBM Bank has been reporting OneCard Lite as an Unsecured Credit Card (I check my CIBIL Score and overview every month in the...

Recently, American Express India sent an email to all their customers, notifying them that they will report customers' account data to credit bureaus every 14 days. They will report the first time on the bill generation date and the second time on the bill generation date + 14 days. This...

SBI Reported late payement by 3 days in April 2024, but I have paid bill in the 3 day's grace period ( as per RBI) but they reported to Credit bureaus and my cibil dropped by 70 points, I have complained SBI card about it and escalated multiple time but no response, now i have complained in...

Hi @TechnoFino as you already had the same scenerio with idfc, did they asked for full cibil report? (Entry for closed mayura card).

Need some clarification regarding supermoney Utkarsh bank FD credit card reporting to CIBIL, do they report your employment type and annual income as declared by applying for card to CIBIL? I have recently applied for this card specifically to rectify my erroneous annual income reported to CIBIL...

I’m dealing with an ongoing problem with a loan account that was initially with Axio and later managed by Asset Care Financial Services. Despite proving that I didn’t owe them anything, I ended up paying the principal just to settle the matter—but it’s still causing issues. Here’s a breakdown...

ICICI Bank reported an overdue to my CIBIL. They reported due of ₹27 any chance to get it recovered? Points down by 60... It was a geniune mistake, never received bill payment reminder and didn't notice the amount being not paid. Bill Generation: 20th September Bill Due date : 8th October...