According to this circular issued by the Reserve Bank of India, we’ll now have three credit information companies:
- Credit Information Bureau (India) Ltd. or CIBIL
- Experian Credit Information Company of India Private Ltd.
- 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?
[sniplet awareness fridays]