How BankBazaar and Wishfin are Transforming Lending / Financial Savings / Insurance for Gen Next?

Smartphone penetration, availability of cheaper 3G/4G Data Plans along with idiosyncratic events like demonetization offered have transformed how gen next India financially transacts leading to higher traction on Platforms such as BankBazaar and Wishfin. They are an intermediary between the end consumer (who wishes to purchase a product, physical or financial) and financiers (banks, insurance, […]

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 […]

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 […]

StanChart Credit Card Account Not closed with Repeated Requests – What Next ?

It is not uncommon to see that Credit Card companies are unwilling to close Card Accounts of Long Standing Good Customers who have established good History. Such is the case of one of our readers who has a StanChart Credit Card and despite Full & Final Settlement, Payment and request for closure, the card account […]

How Indians Can Now Order Equifax Credit Information Report on Demand ?

In August 2009, CIBIL along with Transunion announced the availability of Credit Information Report for Indian Citizens making it the first Bureau in India to release reports. A Year Later in August 2010, Experian entered the Indian market and started releasing consumer credit information reports on demand. And in Nov-2012, Equifax the last of the […]