Archive for the 'Data / Analytics' Category

CIBIL-Transunion Tracking 525 Million Loan Accounts, Rise of Retail Lending

CIBIL Transunion is India’s Largest credit bureau with with data on 200mn Indian Citizens and 525mn loan accounts in its big data repository. The CIBIL management shared insights on the Rise of Retail Borrowing and Lending. The strong trend in retail loan growth is aided by healthy growth in new account additions for both private […]

Experian India Catching Up with CIBIL on Customers

Experian is one of the four credit bureau license holders in India – CIBIL, CRIF Highmark and Equifax being others. In the global pecking order, Experian is 2X Equifax and 4X Transunion globally. In India TransUnion (CIBIL) has a larger presence. In India, there are two entities, Experian Services India – 100% sub, decision analytics, […]

Why Credit Cards Still Offer Promise Despite Modi’s Digital Hype ?

In an era of Modi Government’s Digital India, new companies are unable to offer any new service but are looking to make it simpler and importantly, more relevant for consumers as the broad perception is that banking is a relatively complex business and the user experience/interface is far from satisfactory. Banks are defending their business […]

Credit Bureaus Aid Unsecured Lending to High Credit Score Consumers

The transformation of the Indian financial sector began with consumer credit profiling by credit information company such as CIBIL and later permitting Equifax and Experian to compete in the world’s largest democracy. In the last 5 years, Credit bureaus have been a game changer for the personal / business loan and credit card segments. Unsecured […]

Total Debit and Credit Card Issued in India Reaches 520 Mn in 2014

In continuing our tradition to source authentic data and present it to you, we have published the breakup of Debit Card and Credit Cards in circulation in India at the end of Dec 2014. It gives me immense pleasure to state that Total Debit & Credit Card Penetration in India has touched a whopping 520 […]

What is the Co-Relation Between CIBIL Credit Score & Loan Sanction ?

The demand for loans in India for various products, including home and auto loans from banks and other financial institutions in India, has grown a sharp 150% since 2010, according to CIBIL. As India’s largest credit information company, CIBIL has 930 credit institutions as its members and maintains information on over 290 million consumer trades […]