New CIBIL reporting frequencies of Various Banks from Jan 2025

[SSV]

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 fortnightly and some adopted weekly reporting.
Let's collate the list of various banks with their frequency of reporting here in this thread..


Weekly

1. HDFC

Fortnightly

1. Amex
2. Axis

 

[drk]

Thank you for making this much needed thread

 

[Nishan11]

Before PNB was reporting at month end. Statement date is 20th of every month.

Previously reported on 30th November, now reported on 18th December. So I assume they are following the trend now.

 

[HumorSimpson]

Wow @D₹V (upDate f₹equency of Various) banks

 

[TrueColours]

Axis : Fortnightly

 

[SSV]

Before PNB was reporting at month end. Statement date is 20th of every month.

Previously reported on 30th November, now reported on 18th December. So I assume they are following the trend now.

Let's wait for one more reporting then we can add PNB to the fortnight list

 

[SSV]

Axis : Fortnightly

okay, I will add 🪓 to the fortnight list..

 

[Everybody]

Are you sure HDFC is reporting Weekly? I see last reported date as 15th of this month..And before that mostly 30th of last month. Confirm please.

Guys,
As we know, new norms of cibil reporting comes into place wef 1 Jan 2025. The new rule says 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 fortnightly and some adopted weekly reporting.
Let's collate the list of various banks with their frequency of reporting here in this thread..


Weekly
1) HDFC
2)
3)
4)
5)
6)

Fortnightly
1) Amex
2) Axis ( 🪓 ) 😉
3)
4)
5)
6)

 

[SSV]

Are you sure HDFC is reporting Weekly? I see last reported date as 15th of this month..And before that mostly 30th of last month. Confirm please.

Yes, mine along with a few others like @shrewdoc 's were reproted on a weekly basis.

my last 3 reports were on 1/12, 8/12 and 15/ 12.. I mentioned this on the other thread.
I will confirm it again in a cuple of days about the next report as on 22/12.

Post in thread 'HDFC Reporting to CIBIL Every WEEK!'

Friday at 1:22 AM

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 Jan, 2025:

https://www.livemint.com/money/personal-finance/banks-to-report-credit-card-data-to-cics-biweekly-how-will-it-impact-you-and-banks-rbi-nbfcs-cibil-credit-score-11729670913868.html

My CIBIL is going all over the place ±10-12 points because of this as it deducts 10 points for any...

• SSV

• 
• 

 

[Everybody]

Yes, mine along with a few others like @shrewdoc 's were reproted on weekly basis.

my last 3 reports were on 1/12, 8/12 and 15/ 12.. I mentioned this on the other thread.
I will confirm it again in a cuple of days about the next report as on 22/12.

Post in thread 'HDFC Reporting to CIBIL Every WEEK!'

Friday at 1:22 AM

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 Jan, 2025:

https://www.livemint.com/money/personal-finance/banks-to-report-credit-card-data-to-cics-biweekly-how-will-it-impact-you-and-banks-rbi-nbfcs-cibil-credit-score-11729670913868.html

My CIBIL is going all over the place ±10-12 points because of this as it deducts 10 points for any...

• SSV

• 
• 

Thanks! Will be following your updates.