cibil

Q.1 What is CIBIL? CIBIL – India’s first credit information bureau- is a repository of information, which contains the credit history of commercial and consumer borrowers. CIBIL provides this information to its Members in the form of credit information reports. Full Article

The Credit Information Bureau India Ltd and TransUnion on Thursday launched a ‘personal loan score’ to enable lenders to make informed decisions, in the backdrop of rising defaults on unsecured equated monthly installment loans.Two other products, a home loan repository and a fraud repository, are expected to be launched by the second quarter of the [...] Full Article

  Reserve Bank of India has allowed three more credit information companies to do business. The banking regulator has also permitted the only  existing local credit bureau Cibil (Credit Information Bureau India Ltd) to maintain credit histories of insurance and telecom customers. The three new entities include Equifax Credit Information Services, Experian Credit Information Company, [...] Full Article

This is the era of high spending. The truth is today people spend more than their grandparents or parents ever did. Increasing incomes, the desire to own a house in one’s early twenties, the availability of variety in lifestyle and brand choices, a booming economy, a growing number of entrepreneurs, new business establishments, etc, are [...] Full Article