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..
The following is the list of Banks with their respective frequency and reporting dates in a month:
We will add more banks to this list as and when the information is available...

Weekly ( Four times, a month)

1. HDFC
   • 7th
   • 15th
   • 22nd
   • 30/31st ( ie month end)

Fortnightly ( Two times, a month )

1. Amex
   • statement date
   • statement date +15 days
2. Axis
   • 15th
   • 30/31st (month end)
3. BOB Cards
   • 15th
   • 30/31st ( month end)
4. YES Bank
   • 15th
   • 30/31st (month end)
5. SBM Bank
   • 15th
   • 30/31st (month end)

 

[TrueColours]

What was it before 15/01??
Was it every month end like 31/12, 30/11, 31/10 etc?

usual CIBIL reporting date = statement date ( in my case 18th of every month)

 

[SSV]

usual CIBIL reporting date = statement date ( in my case 18th of every month)

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In that case , let's wait until next reporting date si that we can get some pattern.
Please report your next reporting date

 

[SSV]

Add RBL

Statement date
30/31 st

It can't be statement date and month end..as they should report at least fortnightly..and statement date can fall on any date across the month..

If they chose to report on 15th means they might follow month end and 15th pattern, leaving statement date reporting out of the window..lets wait for another reporting period..

 

[Vasuki]

It can't be statement date and month end..as they should report at least fortnightly..and statement date can fall on any date across the month..

If they chose to report on 15th means they might follow month end and 15th pattern, leaving statement date reporting out of the window..lets wait for another reporting period..

My statement date is 15 😂 on rbl

 

[TrueColours]

RBL bank: 15/12, 31/12, 15/01,...

 

[SSV]

RBL bank: 15/12, 31/12, 15/01,...



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Lovely, so it is fortnightly for RBL
Ie 15th and month end..
Thanks for the info, I will update the first post..

 

[Everybody]

RBL & YES Reporting on 15. Everyone slowly getting in line with RBI. Except the great EYE SEE EYE SEE EYE.

 

[SSV]

RBL & YES Reporting on 15. Everyone slowly getting in line with RBI. Except the great EYE SEE EYE SEE EYE.

They have to come in line...no doubt about it.

But the interesting thing is most of the banks chose 15th and month end except hdfc and amex..

Now statement date doesn't matter except for amex as of now..

 

[Everybody]

They have to come in line...no doubt about it.

But the interesting thing is most of the banks chose 15th and month end except hdfc and amex..

Maybe they predicted ( HDFC AND AMEX) rbi future notification saying banks should start reporting weekly.

 

[aniketkr.sharma]

They have to come in line...no doubt about it.

But the interesting thing is most of the banks chose 15th and month end except hdfc and amex..

Now statement date doesn't matter except for amex as of now..

Hdfc also didn't reported Last week
Idfc also sleeping in my case
Icici heads up from last 3 months no update

 

[SSV]

Maybe they predicted ( HDFC AND AMEX) rbi future notification saying banks should start reporting weekly.

HDFC is the only one that went with weekly frequency..

Amex went with fortnightly only, but they put staement date and statement date +15, which is different to majority..
Looking at it I think 15th and month end looks more like an easy one to remember from customer perspective.

 

[Credit_Cards]

HDFC is the only one that went with weekly frequency..

Amex went with fortnightly only, but they put staement date and statement date +15, which is different to majority..
Looking at it I think 15th and month end looks more like an easy one to remember from customer perspective.

ICICI, Indusind and IDFC are lagging behind currently among pvt banks

 

[V360]

Any update on Standard Chartered- they are also sleeping.

 

[Everybody]

Federal reported 15/01/2024. This is visible on crif tho. Cibil will confirm once refreshed.

 

[Indian]

Any update on Standard Chartered- they are also sleeping.

They reported November not even December 31

 

[Indian]

Jupiter CSB reported as usual month end till now not yet fortnight

 

[Credit_Cards]

any updates on ICICI and IDFC the two lazy banks ?

 

[SSV]

any updates on ICICI and IDFC the two lazy banks ?

Nothing yet ..