Policy News
Policy
Prakarsh.Patole
•
August 25, 2025
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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.
