Credit Information Bureau (India) Ltd; CIBIL is India’s first Credit
Information Company, also commonly referred as a Credit Bureau. We
collect and maintain records of individuals’ and non-individuals’
(commercial entities) payments pertaining to loans and credit cards.
These records are submitted to us by banks and other lenders on a
monthly basis; using this information a Credit Information Report (CIR)
and Credit Score is developed, enabling lenders to evaluate and approve
loan applications. A Credit Bureau is licensed by the RBI and governed
by the Credit Information Companies (Regulation) Act of 2005.
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