Awareness Fridays: Credit Information Companies in India

by Vinaya HS on May 7, 2010

in Finance

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According to this circular issued by the Reserve Bank of India, we’ll now have three credit information companies:

  1. Credit Information Bureau (India) Ltd. or CIBIL
  2. Experian Credit Information Company of India Private Ltd.
  3. Equifax Credit Information Services Pvt. Ltd.

CIBIL is in operation since January, 2001; the other two are yet to commence the business of credit information in India.

That said, I still haven’t asked for my credit report. Have you?

Awareness Fridays is my initiative to spread awareness on topics relevant to personal finance — every Friday. I urge you to take some time off and absorb this information — it’s pretty useful. And, as always, do spread the word if you find this useful.




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