State Bank of India has sold 4 per cent stake in the largest credit information company Credit Information Bureau India Ltd (Cibil) for an estimated Rs 72 crore. "We had 10 per cent stake in Cibil and have sold 4 per cent to two IIFL subsidiaries," SBI deputy ... The Financial Chronicle, 2 months ago
India Alternatives, IIFL jointly buy 4% stake in CIBIL - Economic Times, 2 months ago
SBI to pare stake in general insurance venture to 51% [Mint, New Delhi] - Bloomberg, 2 months ago
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Press Information Bureau Government of India Ministry of Finance 08-May-2015 17:16 IST Micro Units Development Refinance Agency (MUDRA) Bank The Union Finance Minister in the Union Budget 2015-16 announced to set up a Micro Units ...4 Traders, 2 weeks ago
May 12--India's lenders, most of whom have remained reluctant to grow their credit card portfolios rapidly, are now willing to take on more risks as credit card usage picks up, making it a lucrative business. As on 31 March, outstanding credit card ...Bloomberg, 2 weeks ago
Globally, electric utilities and telecom firms that report payment records to credit bureaus have evidenced improved consumer payment behaviour with regard to their bills. (Reuters) The next time you delay that phone or electricity bill payment, ...Financial Express, 1 month ago
A screen grab of Bhushan Steel website Mumbai : Bhushan Steel Ltd.'s creditors are in advanced talks to restructure about Rs23,000 crore ($3.7 billion) of long-term loans to the Indian steel producer, people with knowledge of the matter said. ...Livemint.com, 2 months ago Bhushan Jumps as Lenders Said to Near $3.7 Billion Restructuring XinMsn, 2 months ago
While one may think that a credit report is relevant only to lending institutions, it is actually available to other service providers as well such as cellular companies and employers, and can even be used for background verification. A credit ...Livemint.com, 1 week ago
BANGALORE: The loan market has changed a lot in the past few years. It is now extremely important for a borrower to keep tabs on the credit report issued by a widely accepted credit reporting agency like CIBIL (Credit Information Bureau (India) Ltd) ...Silicon India, 2 weeks ago
Top News Infosys plans $500-700 mn acquisitions: Reports India's second-largest IT services exporter Infosys is planning $500-700 million acquisitions, according to reports. Report said that the company is focusing on certain business ...India Infoline, 2 months ago
Top Stories India prepared for impact of Fed policy shift: Rajan RBI governor Raghuram Rajan expects volatility in the Indian financial market if US Federal Reserve raises interest rate, according to a media report. India is well prepared to ...India Infoline, 2 months ago
Increased buying trend for aluminum scrap persists despite high duties on imports. India's role as a significant and growing importer of aluminum scrap from the Middle East and beyond was highlighted during the Bureau of International Recycling ...Recycling Today, 2 days ago
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