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Despite policy efforts, half of Indian adults 'credit unserved': Report

An additional 164 million were classified as 'credit underserved' in the global study done by Transunion Cibil, while only 179 million fit into the 'credit served' category

Despite policy efforts, half of Indian adults 'credit unserved': Report

Around 480 million adult Indians till the age of 65, representing half of the overall population in the earning segment, are 'credit unserved'

Wilful defaults fall marginally in pandemic-hit FY21: TransUnion CIBIL data

The pandemic year saw a marginal fall in the number of cases marked as wilful defaulters by banks

Vehicle registrations fall 54.79% in May, sales across categories dip 66%

The apex bodies representing the dealers have appealed for relief from all vehicle makers, who are yet to announce a similar financial package like last year

Demand for retail credit makes a comeback in November: CIBIL report

Although year-on-year growth across key metrics has yet to reach pre-pandemic levels, there has been positive momentum for credit demand

Home, auto loan inquiry back to 2019 level, yet to reach pre-Covid mark

In home loans, inquiry volumes were at 112 per cent of July-August 2019 levels

Worries over liquidity to boost credit card, personal loans: CIBIL

Unlike the slowdown a decade ago, demand for credit cards and personal loans will remain as consumers look to secure funds to bridge gaps in personal finance.

Why lending to MSMEs makes business sense

A large section of MSMEs is creditworthy and micro retail borrowers' cash flow allows them to repay bank loans fast

Credit score to be in line with RBI moratorium guidelines: Transunion Cibil

The RBI announcement came as a relief to the borrowers and affirmed commitment to provide a comprehensive picture of each person so they can be reliably and safely represented in the marketplace.

Credit supply to commercial sector slows to multi-year low of 8.1%: Sidbi

The report said lending to micro, small and medium enterprises has increased for smaller borrowing size and lower duration borrowers, it said

Loans disbursed by NBFCs remain under stress, says CIBIL report

NBFCs have played a key role in consumer credit growth over recent years

Defaults on credit cards, loan against properties on the rise, says CIBIL

While India continues to be on the path of growth, lenders must judiciously monitor their risk management processes

Correct errors in your credit score quickly

With more and more places seeking it, any mistake in the score may cost you

Cibil to now help borrowers get the best loan

Banks will pay fees to Cibil, while customers need not pay any charges

Banks focus on a few states creating bad loans: Cibil

The highest NPAs, of over 15 per cent, are in leather, textile and steel industries

CIBIL to provide one free credit report a year: Raghuram Rajan

Currently, an individual has to shell out Rs 550 for a report and a onetime credit score in the PDF format from CIBIL