ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Which of the following is a Credit information companies

    (CIC) that provides credit score on individuals? ┬а
    A CRISIL Correct Answer Incorrect Answer
    B CARE Correct Answer Incorrect Answer
    C ICRA Correct Answer Incorrect Answer
    D CRIF Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The RBI has authorized companies which have registered under the┬а тАШ The Credit Information Companies (Regulation) Act, 2005тАЩ to provide a credit score on individuals based on their credit history reported by various member banks and credit institutions. The CICs include: ┬а

    • Transunion CIBIL ┬а
    • Equifax Credit Information Services Private Limited.┬а ┬а
    • Experian Credit Information Company of India Private Limited.┬а ┬а
    • CRIF High Mark Credit Information Services Private Limited┬а ┬а

    Practice Next
    More Risk Management in Banks Questions

    Relevant for Exams:

    ask-question