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HSBC Good Banking Practices Understanding Credit Reporting
Credit Information Bureau India Limited (CIBIL) is a credit information company operating in India. It acts as a repository of credit information submitted by member banks & financial institutions. Members provide the information pertaining to all borrowers to the credit information company and can in turn access this information while making lending decisions.
To find answers to many such important questions, please click on the questions below:
1. What is Credit Information Company (CIC)? What is CIBIL?
2. What is a Credit Information Report (CIR)?
3. When is data submitted / reported to CIBIL?
4. Reason for customer’s name in CIBIL
5. Maintaining a good credit history
6. Can a customer's name be removed from CIBIL?
7. Can a customer access CIBIL Report?
8. Can a customer request for rectification of CIBIL Report?
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