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Switch to real-time data: RBI to credit bureaus
July 03, 2025
|The New Indian Express Tiruchy
STATING that quicker relaying of data from credit bureaus will help deepen public trust, efficiency and transparency in the financial system, the senior-most deputy governor of the Reserve Bank, M Rajeshwar Rao, has asked credit information companies like Transunion Cibil to switch to real-time data reporting from the fortnightly model being followed now.
"We must aspire to more frequent updates. Real-time or near-real-time credit reporting will improve underwriting precision, enable timely reflection of borrower actions like loan closures or repayments and deliver a superior consumer experience," Rao said addressing a conference organised by Cibil on Tuesday. The RBI shared the speech on Wednesday.
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The New Indian Express Tiruchy
TN concede big first innings lead vs Vidarbha
VIDARBHASS batting depth once again came to the fore as Yash Rathod cracked a brilliant century (133) to help the visitors bag the all important lead over Tamil Nadu on the third day of the Ranji Trophy Elite Group ‘A match being played at CDCA-Sri Ramakrishna College of Arts & Science ground, Coimbatore on Monday.
1 mins
November 04, 2025
The New Indian Express Tiruchy
Industry bodies seek biz-friendly tax regime
AS the finance ministry is gearing up for the next Union Budget, industry chambers like CII, ASSOCHAM, PHDCCI, FICCI called for a more predictable and business-friendly direct tax regime with more focus on faster dispute resolution and employment boost.
1 mins
November 04, 2025
The New Indian Express Tiruchy
Tejashwi, Tej Pratap fight it out as rift in Lalu family widens
RJD chief Lalu Prasad's estranged son and former minister Tej Pratap Yadav on Monday hit back at his younger brother Tejashwi Prasad Yadav following the latter's remark that \"party is his parent\".
1 mins
November 04, 2025
The New Indian Express Tiruchy
'Jungle Raj a slur used by those who fear losing power'
We are fighting for dignity, employment and development, confident of winning decisive mandate, says INDIA bloc chief ministerial face Tejashwi Prasad Yadav
5 mins
November 04, 2025
The New Indian Express Tiruchy
Court overturns order to issue patta to ST farmers
A division bench of the Madras High Court has overturned the order of a single judge who directed government authorities concerned to issue patta to members of a Scheduled Tribe who have been engaged in farming activities on land classified as Kaadu Poramboke, unassessed waste dry land (tharisu) and Poromboke land in the Kalvarayan hills
1 min
November 04, 2025
The New Indian Express Tiruchy
UoM postpones semester exams to Nov 14, sparks row with colleges
THE University of Madras has postponed its semester examinations for affiliated colleges - originally scheduled to begin from Monday - to November 14.
1 mins
November 04, 2025
The New Indian Express Tiruchy
Rybakina rallies to beat Swiatek in WTA Finals
ELENA Rybakina recorded an impressive 3-6, 6-1, 6-0 victory over second-seeded Iga Swiatek in round-robin play at the WTA Finals in Riyadh on Monday.
1 min
November 04, 2025
The New Indian Express Tiruchy
ERADICATING POVERTY: A JOB NOT FULLY DONE
K ERALA has declared itself free of extreme poverty-a bold claim which, if true, marks a major milestone even for a state that takes pride in its human development achievements.
1 mins
November 04, 2025
The New Indian Express Tiruchy
Zubeen murdered, chargesheet by Dec 17, says Himanta
ASSAM Chief Minister Himanta Biswa Sarma said that Zubeen Garg's death was not accidental but a case of murder on Monday. “I won't call it an accident but murder.
1 min
November 04, 2025
The New Indian Express Tiruchy
SC rejects creditor's plea against Aakash rights issue
THE Supreme Court on Monday dismissed an appeal filed by US-based lender GLAS Trust Company LLC, a creditor of Think & Learn Pvt Ltd, parent company of BYJU’s, against the rights issue proposed by Aakash Educational Services Limited (AESL), clearing the way for the capital raise that will reduce Byju’s holding in the company from 25.75% to about 5%.
1 mins
November 04, 2025
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