Cibil TransUnion launch newer version of credit score

Credit information company Cibil and Transunion on Thursday formally launched a newer version of their score which incorporates customers having a credit history of less than six months.The Cibil......

Fintech Lenders Gave Rs 29,875 Crore

'The last year's growth is a foretaste of things to come in the retail credit market.' Illustration: Uttam Ghosh/Rediff.com   Did you know that fintech lenders gave out Rs 29,875 crore (Rs......

Why RBI Is Worried About The Rise In Personal Loans

In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with......

Now a Risk Index to gauge corporates' credit history

The Credit Information Bureau (India) Ltd On Tuesday said it will come up with a risk index which will help banks and financial institutions in the process of granting loans and advances to......