Real-time checks to improve discipline in credit cycleLenders will now report to credit bureaus weekly, a shift from fortnightly, enhancing real-time borrower risk assessment. This move is expe...
01 Apr, 2026, 11.01 AM IST
Microfinance sector back on track with higher-value loansThe microfinance market saw growth in February. The total loan book reached Rs 3.29 lakh cr. Loan disbursements increased. Portfolio qualit...
30 Mar, 2026, 06.08 AM IST
Buy now, pay later loans may soon play bigger role in credit scoresThe credit-rating companies argue that reporting of on-time payments can help shoppers build a credit history. But consumer experts note th...
02 Jan, 2022, 10.59 AM IST
Mswipe develops MSME score for risk based creditThe new tool will make assessment of MSME creditworthiness easier and provide the opportunity to differentiate risks thereby opening possib...
09 Jun, 2021, 01.38 PM IST
Advance.AI appoints Darshan Shah as India Managing DirectorAdvance.AI works with over 100 enterprises in India to provide digital transformation, fraud prevention and process automation for enterpri...
20 Jul, 2020, 03.23 PM IST
Axis Bank to sell stake in Experian India Credit Information CompanyBesides Experian there are three other credit bureaus in India namely, Credit Information Bureau of India Ltd (CIBIL), Equifax India and Hi...
07 Feb, 2017, 11.03 PM IST
PSU banks lent nearly double of private banks in Q1 of 2016Within the total secured portfolio, mortgage, auto and gold loans accounted for 51% of the total receivables, as per Equifax India Consumer...
07 Nov, 2016, 03.01 PM IST
CreditMantri ties up with Equifax to provide free credit scores and loan history to individualsThe Chennai-based company works with over 15 lenders and helps individuals get the right loan according to their need and credit profile.
26 Nov, 2015, 02.12 PM IST
RBI directs credit institutions to become members of CICsReserve Bank today said that all credit institutions should become members of all Credit Information Companies (CICs).
06 Feb, 2015, 10.12 PM IST
Equifax India completes acquisition of NettpositiveEquifax India had acquired a majority interest in the company in 2012, and has finished picking up the residual stake now, the company said...
19 Nov, 2014, 07.12 PM IST
Delinquency rate for commercial vehicle loans rises 33 per cent in second half of 2013: ReportEquifax Credit Information Services said the delinquency rate for commercial vehicle loans continued to remain high in the second half of 2...
02 Apr, 2014, 05.47 PM IST
Equifax India launches a new product for multiple data collectionThe solution is custom-created for the India marketplace and serves as router that connects the lender’s loan processing systems directly w...
27 Feb, 2014, 03.42 PM IST
MFIs delinquency rate declines 20 per cent in April-October this fiscalDelinquency rate by the number of accounts that are more than 30 days outstanding has declined 20 pc from 1 per cent in April to 0.8 pc in ...
06 Jan, 2014, 05.37 PM IST
Equifax partners with IFC for MFU credit scoreCredit information company Equifax India today said it has partnered with IFC, a World Bank group member, to offer micro-finance risk score...
09 Dec, 2013, 05.13 PM IST
SBI to invest in Equifax Credit Information ServicesCredit information companies share data and credit score of users of credit cards and borrowers with banks to help them understand risk and...
27 Oct, 2013, 04.17 PM IST
- Axis, PNB, 5 others buy 51% stake in UK's Experian
The participating banks are Axis Bank, Union Bank of India, Punjab National Bank, Federal Bank and Indian Bank.
24 Nov, 2009, 12.03 AM IST
- Now, insurers & telcos too can check your credit history
Mobile phone operators may reject your application for a post-paid connection if they are not satisfied with your credit data. Monitoring f...
18 Apr, 2009, 12.00 PM IST