India, Sept. 4 -- The Reserve Bank of India (RBI) has, by an order dated August 31, 2026, imposed a monetary penalty of Rs. 1,19,400 (Rupees One Lakh Nineteen Thousand Four Hundred only) on Equifax Credit Information Services Private Limited (the company) for non-compliance with certain provisions of directions issued by RBI on 'Framework for compensation to customers for delayed updation / rectification of credit information'. This penalty has been imposed in exercise of powers conferred on RBI under Section 25(1)(iii) read with Section 23(4) of the Credit Information Companies (Regulation) Act, 2005.The statutory inspection of the company was conducted by RBI with reference to its financial position as on March 31, 2025. Based on the supe...