Question

Which of the following statements is not true regarding CIBIL?

A CIBIL is one of the credit rating agencies in India. They also provide information related to credit in India. Correct Answer Incorrect Answer
B Transunion CIBIL is considered as one of the leading credit information agencies in India. Also, it maintains one of the highest collections of consumer information available globally. Correct Answer Incorrect Answer
C It also has members from leading financial institutions, banks, NBFC’s, etc. Thus, it also maintains the credit scores of businesses as well as individuals. Correct Answer Incorrect Answer
D The main objective of CIBIL is to collect the data available for all loans. These loans are availed by individuals across various banks. Correct Answer Incorrect Answer
E All the statements are true regarding CIBIL Correct Answer Incorrect Answer

Solution

All the statements are true regarding CIBIL.

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