The Reserve Bank of India (RBI) has taken strict action against four credit bureaus for non-compliance with regulations, imposing monetary penalties on them. The credit bureaus, responsible for maintaining credit information, were found to have inaccuracies and incompleteness in their records during a statutory inspection. This article highlights the penalties imposed by the RBI and […]
The Reserve Bank of India has issued various instructions to regulated entities (REs) regarding compromise settlements in respect of stressed accounts from time to time. The provisions of this framework shall apply to all REs to which this circular is addressed and shall be without prejudice to the provisions of the Prudential Framework, or any […]
Are you sick of waiting for credit reporting companies to fix mistakes in your credit report? Soon, you will be able to file a claim for reimbursement for any delays in updating your records. The Reserve Bank of India recently announced measures to improve the grievance redressal mechanism of credit information companies. “With the […]
The government has announced significant changes in The Insurance (Amendment) Bill 2022. There has been a demand to provide a composite license to insurers for a long time. The composite license will allow insurers to take business of general and health insurance via a single entity. “The proposed amendments primarily focus on enhancing the […]
The union budget for 2023-2024 is declared with the vision of empowering an economy that is knowledge-based with strong public finances and a robust financial sector. The Union Budget has proposed certain amendments to the Banking Regulation Act, the Banking Companies Act, and the Reserve Bank of India Act to improve bank governance and enhance […]
To speed up proceedings to clear caseload, Ministry of Corporate Affairs in the January published dozens of proposed amendments to the insolvency code, giving the public until February 2007 to provide input. India’s bid to streamline bankruptcy proceedings includes provisions that could change the proportion of money creditors get from a firm’s liquidation. Provisions under […]
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Apoorvaa Foundation came into existence to ensure credit healthy and wealthy life to each and every one. We support our clients in terms of upgrading credit score, to clear problematic credit history and to those who have no history or zero history at the same time we support banks to clear out NPA accounts.
How do we help you? Our Certified Credit Counselor looks into your matter to provide you free counseling that further enables you to get a Credit Information Report and Score to identify any discrepancy. Our Certified Credit Counselor additionally creates a roadmap for you to take necessary actions to resolve discrepancy with best possible solutions in minimum time. At Apoorvaa we focus on transparency and confidentiality to serve you and protect your data with utmost care and will neither share your data nor sell it. This is our business ethic that makes Apoorvaa the best credit rectification brand. We stand by you on each and every path to uplift your credit life. Our 100000+ Satisfied Clients are the best recognition and that make us satisfied.
Apoorvaa Foundation is India’s 1st Credit Rectification Organization and pioneer in this unique concept which is working independently and neither works as collection agent nor commission agent.