What is CIBIL?
Posted by Shubham12 on September 24th, 2019
CIBIL stands for Credit Information Bureau (India) Limited. It is an ISO 27001:2005 company, founded in the year 2000 and an integral part of Indian financial system. It is also India's premier Credit Information Company (CIC). CIBIL works in association with and Dun and Bradstreet and TransUnion International Inc.
The organization records credit related details of individuals, which directly reflect from registered member institutions. It also has prime segments such as Commercial Bureau and Consumer Bureau, the latter keeps the credit records of people and the former maintains credit records belonging to companies/institutions.Also See: Credit Records, Year 2000, Transunion International, Specific Algorithms, Credit, Cibil, Records
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