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Complaints Against CIBIL

Cases of providing inaccurate Credit Information Reports by CIBIL are reported to the Reserve Bank of India (RBI). The Credit Information Companies (Regulation) Act, 2005 (CIC Act), under which CIBIL functions, has a provision for alterations/corrections or updation of credit information on borrower/client™s request. The prescribed procedures are followed by Credit Information Companies for updation… Read More

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Credit Information Companies: Seeking New Frontiers

(Inaugural address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at the Experian India Conclave 2013 organized in Mumbai on July 5, 2013) Dr. Richard Fiddis, Managing Director Strategic Markets, Experian; Mr. Vikram Narayan and Mr. Mohan Jayaraman, Managing Directors, Experian Credit Information Company of India Pvt. Ltd.; senior members from the financial… Read More

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