There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as......
Borrowers often find their home or auto loan applications rejected due to credit rating scores from the Credit Information Bureau of India, or Cibil. And sometimes, even though they may not have......
Cases across the country against defaulters who owe over Rs 1 crore each, reveal CIBIL data. Banks and financial institutions are fighting cases across the country to recover at least Rs 1.86 lakh......
Only a fraction of defaulting loans is reported to central databases; what is made available for public scrutiny would be even less How much ‘bad loans’ are banks stuck with?......