Thursday, September 04, 2025

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Policy News

Policy CIBIL Score Norms Relaxed: Big Relief for First-Time Loan Seekers
Indian government allows first-time borrowers to access loans without a minimum CIBIL score.

CIBIL Score Norms Relaxed: Big Relief for First-Time Loan Seekers

In a key clarification for first-time borrowers, the Ministry of Finance has stated that banks cannot reject loan applications solely based on the absence of a CIBIL score.

Prakarsh.Patole Prakarsh.Patole August 25, 2025
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