FinTech companies cheer as RBI allows access to credit bureau

The RBI’s decision to allow FinTech to access credit bureau has brought cheer among technology companies, with most of them offering last-mile financing solutions for the individual as well as retail customers. Through a gazette notification in November 2021, the RBI amended the Credit Information Companies Regulation 2006. The notification enabled “entities to register” as users of credit information bureaus. The notification permitted “entities […]