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Cibil - Total results - 25
Jun 27, 2018
Retail lending sees rapid growth in FY18 with loan book rising by 25%, number of accounts by 32%: Cibil dataThe report found robust growth in all consumption lending products consumer durable loans, credit cards and personal loans - during the period under review
Mar 12, 2018
Banks collecting passport details of those borrowing over Rs 50-cr a possible precursor to change in passport rulesSection 10 of Passport Act empowers authorities to revoke one’s passport in the interest of the sovereignty and integrity of India.
Mar 12, 2018
CIBIL-like regime for corporate loans need of the hour, CRISIL-like regime not enoughWhat raises eyebrows is the absence of a similar regime for corporates like CIBIL who are by far the heaviest borrowers and defaulters.
Mar 06, 2018
Subramanian Swamy calls Adani ‘biggest NPA trapeze artiste’: Modi, Mallya crackdown is fine but let’s not miss forest for treesOne don’t know for sure whether Adani is the biggest loan defaulter or not, but, indeed the Adani group owes big chunks of money to banks
Feb 13, 2018
Credit score: How to fix bad credit history and seek fresh loans for your needsWhile a good credit helps you to borrow money, it also helps you to borrow at a pocket-friendly interest rate.
Nov 27, 2017
Insolvency ordinance: Let crooked promoters too bid, if they make a clean breast of their pastMany steel companies’ promoters facing insolvency proceedings want to bid says Kotak Securities, but the new law throws a spanner in their works.
Jul 07, 2017
RBI mulls public credit registry to improve credit culture: Deputy governor Viral AcharyaPCR will provide a complete picture that is necessary for supervisors and policy makers to assess credit risk of the entire system
Jun 21, 2016
Income tax dept to block PAN, LPG subsidy of defaultersIn order to cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to "block" Permanent Account Number (PAN) of such entities, get their LPG subsidy cancelled and take measures to ensure that they are not sanctioned loans.
Apr 19, 2016
Non-bailable warrant for Vijay Mallya but getting him will not end banks’ ordealAccording to RBI data, about Rs 1.14 lakh crore of bad loans have been written off by 27 public sector banks in fiscal year 2012-15
Apr 12, 2016
Crackdown on defaulters: SC and RBI should move on from the 'naming' debate and work on the recovery of public moneyThe RBI’s argument on secrecy for bad loan accounts in public deserves merit since if the name of a company, which is in genuine stress, is disclosed, it can hamper the process of recovery process