CIBIL – The Key to Indian Financial Sector

CIBIL is probably one of the less-appreciated success stories of India’s financial sector evolution. It is today, probably the back-bone of the relatively high-quality and disciplined retail credit build out in India. CIBIL has over 350 Mn accounts and adding 4 million new accounts every month – of which 30% are new accounts. Almost all […]

What According to CIBIL is Credit Hungry Behavior of a Consumer ?

What According to CIBIL is the meaning of “Credit Hungry Consumers” ? India’s leading credit bureau, CIBIL which manages your credit history and credit score along with global leader Transunion has devised a word – Credit Hungry Behavior for Consumers who makes frequent loan applications [Personal Loan, Auto Loan, Credit Card, etc], as there will […]

CIBIL Reaches 300 Million Accounts, Defaulters Beware

CIBIL , India’s premier credit bureau, has become a game changer for retail credit – the backbone of high-quality retail growth. CIBIL is probably one of the less-appreciated success stories of India’s financial sector evolution. It is today, probably the back-bone of the relatively high-quality and disciplined retail credit build out in India. Satish Pillai, […]

Kotak Credit Card – High Auto Debit Charges & Over Due Charges

Kotak Mahindra Bank is the latest to expand its credit card offering but with heavy charges at every step you default. A reader of our Site writes to us about his woes and seeking guidance in using the Kotak Credit Card as follows, [73929] I had applied for a Kotak Mahindra Credit Card in the […]

ICICI Jet Privilege Credit Card Annual Fees Dispute

A Reader of our Website Writes to us seeking suggestion on false Marketing of Credit Card by ICICI Bank. His case is as follows, I got a credit card of ICICI Bank. Card type is Coral (JET Airways). When i applied for this card, the customer care told me this is free card for 1 […]

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 […]