In June 2023, all four of India's authorised credit bureaus were fined around ₹25 lakhs each for maintaining inaccurate and incomplete information about their...
The penalty was imposed due to bureaus' non-compliance with the provisions of the Credit Information Companies (Regulation) Act, 2005, and the Credit Information Companies...
The rapid growth in fintech lending has helped first time borrowers access formal credit channels. But loan repayment collections have been poor, leading to...
Leadingkart has partnered with credit bureau TransUnion CIBIL, where self-employed professionals and small businesses will be able to access loans from Lendingkart Finance on the CIBIL MarketPlace platform. CIBIL MarketPlace is an online platform...