Question
Which of the following is a Credit information companies
(CIC) that provides credit score on individuals? ĀSolution
The RBI has authorized companies which have registered under theĀ ā The Credit Information Companies (Regulation) Act, 2005ā to provide a credit score on individuals based on their credit history reported by various member banks and credit institutions. The CICs include: Ā
- Transunion CIBIL Ā
- Equifax Credit Information Services Private Limited.Ā Ā
- Experian Credit Information Company of India Private Limited.Ā Ā
- CRIF High Mark Credit Information Services Private LimitedĀ Ā
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Which of the given statement is true.Ā
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