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RBI asks CICs to prepare data quality index for commercial, microfinance segments - Vimarsana News

RBI asks CICs to prepare data quality index for commercial, microfinance segments

In June 2014, the RBI had issued directions for setting out a common Data Quality Index (DQI) for assessing the quality of data submissions by Credit Institutions (CIs) to CICs, and improving them over a period of time. Currently, the DQI is being used for data submitted under the consumer segment.