Government guarantee ups MSME loans: CibilAccording to credit data released by TU Cibil, MSME loans disbursed in urban, semi-urban and rural regions for June is over 3 times that of...
13 Oct, 2020, 08.30 AM IST
19% of MSMEs eligible for govt guarantee in high-risk category: CIBILAccording to TU Cibil analysis, 28% of the MSMEs have a CMR between 1 to 3 which makes them super-prime borrowers and the least likely to d...
30 Jun, 2020, 08.53 AM IST
Personal loan sanctions to get tougherAccording to a report by TU Cibil, default rates will move up most in personal loans and credit cards, while home loans and auto loans will...
12 Jun, 2020, 11.06 AM IST
MSME default rate lowest in business loansCredit bureau Trans-Union Cibil has said that two out of three MSMEs entered this lockdown with structurally strong positions.
08 May, 2020, 08.33 AM IST
Credit info companies sharing data with fintechs irks lendersEarlier this month, representatives of banks had a meeting to discuss the issue of fintechs getting unbridled access to bank borrower infor...
24 Dec, 2018, 10.25 AM IST
Loans against property up 33%, but defaults cross 3%LAP clocked a 33% increase in accounts till end-September 2018, while credit cards came in second with a 32% growth rate.
20 Dec, 2018, 11.35 AM IST
Undeclared NPAs in FY18 still at Rs 3 lakh croreRBI norms require lenders to start NPA proceedings under the cross-default clause even if the delinquency is in respect of another loan.
06 Aug, 2018, 09.46 AM IST
At 83%, consumer durables loans grow most in FY18According to a TransUnion (TU) Cibil report, total outstanding retail advances as of March 2018 increased 25% from March 2017.
28 Jun, 2018, 11.04 AM IST
Nearly 15 crore eligible for loan, but yet to take itOf this eligible population, only about a third — 7.2 crore — is currently credit-active, meaning that such people have a live loan account...
22 May, 2018, 10.54 AM IST
Banks can check 3-year history of borrowersA next-gen algorithm enables banks to scour customer transactions to figure out which customers are under distress, and who are improving.
01 Jun, 2017, 12.36 PM IST
Recruiters, e-tailers check cibil’s credit scores before making offersIn order to help e-commerce firms, cibil allows a credit screening after the consumer submits an EMI application for a consumer durable.
19 Apr, 2017, 11.29 AM IST