Experian to provide biz credit insight to India Inc

Global information services company Experian today announced the launch of its Business Information Services in India.

From today, Experian will provide international business information reports on businesses from 200 countries to Indian businesses and banks, a press release issued here said.

Experian Business Information Reports will enable Indian credit insurance agencies, exporters, importers, banks and other organisations involved in cross-border business to understand more about their trade partners, for example, their financial stability and credit worthiness, the release said.

As the global leader in information services, Experian is in a unique position to provide accurate and comprehensive business information reports providing incorporation details, line of business, financial statements, adverse data (court rulings, winding up petitions), credit history, payment performance and management history.

This information is refreshed on a daily basis and includes key markets such as the US, UK, Brazil, China and Singapore.

The report also includes a credit score indicating the credit worthiness of each business.

Where permitted, Experian reports combine business information with credit bureau data in most international markets where Experian is present.

Inclusion of bureau information is vital for decision-making especially in markets where financials are not available due to local regulatory environment, the release said.

Experian Business Information Services India's Managing Director, Navin Chandani, said, "the launch of Experian Business Information Services in India further emphasises our commitment of providing world-class data and analytics to Indian businesses".