TransUnion CIBIL - Revision history

UpdateBot: robot: Update article (please report if you notice any mistake or error in this edit)

2022-06-20T08:50:11Z

robot: Update article (please report if you notice any mistake or error in this edit)

← Older revision		Revision as of 14:20, 20 June 2022
Line 4:		Line 4:
	\| name = TransUnion CIBIL Limited		\| name = TransUnion CIBIL Limited
	\| logo = [[File:TU.png\|250px\|TU]]		\| logo = [[File:TU.png\|250px\|TU]]
	\| logo_size =		\| logo_size =
	\| logo_alt =		\| logo_alt =
	\| logo_caption =		\| logo_caption =
	\| logo_padding =		\| logo_padding =
	\| image =		\| image =
	\| image_size =		\| image_size =
	\| image_alt =		\| image_alt =
	\| image_caption =		\| image_caption =
	\| trading_name =		\| trading_name =
	\| former_name =		\| former_name =
	\| type = Credit Information Company		\| type = Credit Information Company
	\| traded_as =		\| traded_as =
	\| ISIN =		\| ISIN =
	\| industry =		\| industry =
	\| fate =		\| fate =
	\| successor = <!-- or: \| successors = -->		\| successor = <!-- or: \| successors = -->
	\| founded = [[Mumbai]], [[Maharashtra]], India ({{start date and age\|df=yes\|2000\|08}})		\| founded = [[Mumbai]], [[Maharashtra]], India ({{start date and age\|df=yes\|2000\|08}})
Line 24:		Line 24:
	\| defunct = <!-- {{end date\|df=yes\|YYYY\|MM\|DD}} -->		\| defunct = <!-- {{end date\|df=yes\|YYYY\|MM\|DD}} -->
	\| hq_location = One Indiabulls Centre, Tower 2A-2B,19th Floor, Senapati Bapat Marg, [[Lower Parel]]		\| hq_location = One Indiabulls Centre, Tower 2A-2B,19th Floor, Senapati Bapat Marg, [[Lower Parel]]
	\| hq_location_city = [[Mumbai]], [[Maharashtra]]		\| hq_location_city = [[Mumbai]], [[Maharashtra]]
	\| hq_location_country = India		\| hq_location_country = India
	\| num_locations =		\| num_locations =
	\| num_locations_year = <!-- Year of num_locations data (when known) -->		\| num_locations_year = <!-- Year of num_locations data (when known) -->
	\| area_served = India		\| area_served = India
	\| key_people = ~~Satish Pillai~~ <small>([[Managing Director]])</small><ref>{{cite news\|title=Rajesh Kumar, ~~new MD & CEO of~~ CIBIL\|url=~~http~~://www.~~thehindubusinessline~~.com/~~companies~~/~~satish-pillai-new-md-ceo-of-cibil~~/~~article7403622.ece~~\|accessdate=~~2 August 2015~~\|publisher=[[Business Line]]\|date=9 July 2015}}</ref><ref name="hindustantimes1">{{cite web\|url=http://www.hindustantimes.com/Cibil-to-launch-mortgage-default-database/Article1-568987.aspx \|archive-url=https://archive.today/20130125110312/http://www.hindustantimes.com/Cibil-to-launch-mortgage-default-database/Article1-568987.aspx \|url-status=dead \|archive-date=25 January 2013 \|title=Cibil to launch mortgage default database \|publisher=Hindustan Times \|date=2010-07-08 \|accessdate=2010-12-08}}{{failed verification\|date=August 2015}}</ref><br />M.V.Nair <small>([[Chairman]])</small><ref name="thehindubusinessline2005">{{cite web\|url=http://www.thehindubusinessline.com/2005/05/17/stories/2005051700970600.htm \|title=SBI, HDFC dilute stake in CIBIL \|publisher=The Hindu Business Line \|date=2005-05-17 \|accessdate=2010-12-08}}</ref>		\| key_people = Rajesh Kumar <small>([[Managing Director]])</small><ref>{{cite news\|title=Rajesh Kumar - CEO/Managing Director, TransUnion CIBIL Ltd\|url=https://www.bloomberg.com/profile/person/21566859\|accessdate=24 May 2022\|publisher=Bloomberg}}</ref>
	\| brands =		\| brands =
	\| services = Research, Risk and Policy [[Financial adviser\|Advisory]]		\| services = Research, Risk and Policy [[Financial adviser\|Advisory]]
	\| revenue =		\| revenue =
	\| revenue_year = <!-- Year of revenue data (when known) -->		\| revenue_year = <!-- Year of revenue data (when known) -->
	\| operating_income =		\| operating_income =
	\| income_year = <!-- Year of operating_income data (when known) -->		\| income_year = <!-- Year of operating_income data (when known) -->
	\| net_income = <!-- or: \| profit = -->		\| net_income = <!-- or: \| profit = -->
	\| net_income_year = <!-- or: \| profit_year = --><!-- Year of net_income/profit data (when known) -->		\| net_income_year = <!-- or: \| profit_year = --><!-- Year of net_income/profit data (when known) -->
	\| aum = <!-- Only for financial-service companies -->		\| aum = <!-- Only for financial-service companies -->
	\| assets =		\| assets =
	\| assets_year = <!-- Year of assets data (when known) -->		\| assets_year = <!-- Year of assets data (when known) -->
	\| equity =		\| equity =
	\| equity_year = <!-- Year of equity data (when known) -->		\| equity_year = <!-- Year of equity data (when known) -->
	\| owner = <!-- or: \| owners = -->		\| owner = <!-- or: \| owners = -->
	\| members =		\| members =
	\| members_year = <!-- Year of members data (when known) -->		\| members_year = <!-- Year of members data (when known) -->
	\| num_employees =		\| num_employees =
	\| num_employees_year = <!-- Year of num_employees data (when known) -->		\| num_employees_year = <!-- Year of num_employees data (when known) -->
	\| parent =		\| parent =
	\| divisions =		\| divisions =
	\| subsid =		\| subsid =
	\| module = <!-- Used to embed other templates -->		\| module = <!-- Used to embed other templates -->
	\| ratio = <!-- Basel III ratio, for BANKS ONLY -->		\| ratio = <!-- Basel III ratio, for BANKS ONLY -->
	\| rating = <!-- credit rating, for BANKS ONLY -->		\| rating = <!-- credit rating, for BANKS ONLY -->
	\| footnotes =		\| footnotes =
	\| website = {{URL\|https://www.transunioncibil.com/}}		\| website = {{URL\|https://www.transunioncibil.com/}}
	}}		}}
Line 71:		Line 71:

	TransUnion CIBIL aggregates business financial and payment information for the purpose of assessing loan risk and pricing credit (setting the interest rate. It has partnered with New Jersey based [[Dun and Bradstreet]]. D&B maintains files on 150 million business worldwide.<ref>"[http://www.dnb.com/company.html About Us]." Dun & Bradstreet. Retrieved on 1 October 2012. "HQ info: 103 John F. Kennedy Parkway Short Hills, NJ 07078"</ref>		TransUnion CIBIL aggregates business financial and payment information for the purpose of assessing loan risk and pricing credit (setting the interest rate. It has partnered with New Jersey based [[Dun and Bradstreet]]. D&B maintains files on 150 million business worldwide.<ref>"[http://www.dnb.com/company.html About Us]." Dun & Bradstreet. Retrieved on 1 October 2012. "HQ info: 103 John F. Kennedy Parkway Short Hills, NJ 07078"</ref>

			== CIBIL Full Form ==
			CIBIL is fully known as Credit Information Bureau (India) Limited

			== What is CIBIL Score? ==
			CIBIL score is a bank's assessment of a client's trustworthiness based on information from their credit history. The higher the score, the more favourable the bank is to the client. It is a 3-digit number ranging between 300 and 900. Ideally, 720 or above score considered as a good CIBIL score.

			== CRIF vs. CIBIL ==
			Banks and financial organisations widely use CRIF and CIBIL. Both of them are more or less the same. So let's have a comparative analysis of CRIF and CIBIL

			'''CRIF Credit Scores:'''
			{\| class="wikitable"
			\|300–500
			\|'''Very low'''
			\|-
			\|500-600
			\|'''Low'''
			\|-
			\|650–750
			\|'''Great'''
			\|-
			\|750-900
			\|'''Excellent'''
			\|}
			'''CIBIL Credit Scores:'''
			{\| class="wikitable"
			\|<600
			\|'''Low'''
			\|-
			\|600-649
			\|'''Difficult'''
			\|-
			\|650-699
			\|'''Possible'''
			\|-
			\|700-749
			\|'''Good'''
			\|-
			\|750-900
			\|'''Excellent'''
			\|}

	==Competition==		==Competition==
Line 102:		Line 143:
	[[Category:Financial services companies based in Mumbai]]		[[Category:Financial services companies based in Mumbai]]
	[[Category:Financial services companies established in 2000]]		[[Category:Financial services companies established in 2000]]
	~~[[Category:Credit rating agencies in India]]~~
	[[Category:2016 mergers and acquisitions]]		[[Category:2016 mergers and acquisitions]]
	[[Category:Indian subsidiaries of foreign companies]]		[[Category:Indian subsidiaries of foreign companies]]
	[[Category:Indian companies established in 2000]]		[[Category:Indian companies established in 2000]]
	[[Category:2000 establishments in Maharashtra]]		[[Category:2000 establishments in Maharashtra]]

imported>GreenC bot: Rescued 1 archive link. Wayback Medic 2.5

2021-08-09T03:31:17Z

Rescued 1 archive link. Wayback Medic 2.5

New page

{{Use dmy dates|date=November 2018}}
{{Use Indian English|date=November 2018}}
{{Infobox company
| name = TransUnion CIBIL Limited
| logo = [[File:TU.png|250px|TU]]
| logo_size =
| logo_alt =
| logo_caption =
| logo_padding =
| image =
| image_size =
| image_alt =
| image_caption =
| trading_name =
| former_name =
| type = Credit Information Company
| traded_as =
| ISIN =
| industry =
| fate =
| successor = 
| founded = [[Mumbai]], [[Maharashtra]], India ({{start date and age|df=yes|2000|08}})
| founder = 
| defunct = 
| hq_location = One Indiabulls Centre, Tower 2A-2B,19th Floor, Senapati Bapat Marg, [[Lower Parel]]
| hq_location_city = [[Mumbai]], [[Maharashtra]]
| hq_location_country = India
| num_locations =
| num_locations_year = 
| area_served = India
| key_people = Satish Pillai ([[Managing Director]])<ref>{{cite news|title=Rajesh Kumar, new MD & CEO of CIBIL|url=http://www.thehindubusinessline.com/companies/satish-pillai-new-md-ceo-of-cibil/article7403622.ece|accessdate=2 August 2015|publisher=[[Business Line]]|date=9 July 2015}}</ref><ref name="hindustantimes1">{{cite web|url=http://www.hindustantimes.com/Cibil-to-launch-mortgage-default-database/Article1-568987.aspx |archive-url=https://archive.today/20130125110312/http://www.hindustantimes.com/Cibil-to-launch-mortgage-default-database/Article1-568987.aspx |url-status=dead |archive-date=25 January 2013 |title=Cibil to launch mortgage default database |publisher=Hindustan Times |date=2010-07-08 |accessdate=2010-12-08}}{{failed verification|date=August 2015}}</ref> M.V.Nair ([[Chairman]])<ref name="thehindubusinessline2005">{{cite web|url=http://www.thehindubusinessline.com/2005/05/17/stories/2005051700970600.htm |title=SBI, HDFC dilute stake in CIBIL |publisher=The Hindu Business Line |date=2005-05-17 |accessdate=2010-12-08}}</ref>
| brands =
| services = Research, Risk and Policy [[Financial adviser|Advisory]]
| revenue =
| revenue_year = 
| operating_income =
| income_year = 
| net_income = 
| net_income_year = 
| aum = 
| assets =
| assets_year = 
| equity =
| equity_year = 
| owner = 
| members =
| members_year = 
| num_employees =
| num_employees_year = 
| parent =
| divisions =
| subsid =
| module = 
| ratio = 
| rating = 
| footnotes =
| website = {{URL|https://www.transunioncibil.com/}}
}}

'''TransUnion CIBIL Limited''' is a [[credit bureau|credit information company]] operating in [[India]]. It maintains credit files on 600 million individuals and 32 million businesses. TransUnion is one of four credit bureaus operating in India and is part of [[TransUnion]], an American multinational group.<ref>{{cite web|title=India to get three new credit data bureaus|url=http://www.livemint.com/Home-Page/a0DDNYf6He8Nb50kEREqtK/India-to-get-three-new-credit-data-bureaus.html |website=Live Mint|date=1 June 2009}}</ref><ref>{{cite news|title=CIBIL eyes new sectors for growth|url=https://timesofindia.indiatimes.com/business/india-business/CIBIL-eyes-new-sectors-for-growth/articleshow/47741102.cms|accessdate=27 October 2017|publisher=Times of India|date=20 June 2015}}</ref>

==Consumer Credit Reporting==
{{main|Credit bureau#India}}

Trans Union CIBIL aggregates consumer borrowing and payment information for the purpose of assessing loan risk and pricing credit (setting the interest rate). It has partnered with Chicago-based [[TransUnion]].<ref name="creditvidya">{{cite web|url=http://www.creditvidya.com/credit-score/importance-of-cibil-credit-score-cs103.aspx |title=Important of Cibil Credit Score |publisher=Credit Vidya |date=2012-05-17 |accessdate=2010-12-08}}</ref><ref name="creditvidya1">{{cite web|url=http://creditvidya.com/credit-score/how-to-get-your-cibil-credit-score-online-cs107.aspx |title=How to get Cibil Score Online |publisher=CreditVidya |date=2012-05-17 |accessdate=2010-12-08}}</ref>

Consumer credit scores are also used in unemployment decisions,<ref>{{cite web|title=How Cibil score check chances of landing a job|url=http://www.freescoreindia.com/articles/how-does-cibil-score-impact-my-employability.html|website=freescoreindia|accessdate=26 December 2015}}</ref> although there are no studies in India showing that impaired credit leads to employee misconduct and unemployment.<ref>{{cite news|last1=Shetty|first1=Mayur|title=Employers add credit score to list of employee background checks|url=http://timesofindia.indiatimes.com/business/india-business/employers-add-credit-score-to-list-of-employee-background-checks/articleshow/58248581.cms|accessdate=6 September 2017|publisher=Times of India|date=18 April 2017}}</ref>

==Business Credit Reporting==
{{main|Credit bureau#India}}

TransUnion CIBIL aggregates business financial and payment information for the purpose of assessing loan risk and pricing credit (setting the interest rate. It has partnered with New Jersey based [[Dun and Bradstreet]]. D&B maintains files on 150 million business worldwide.<ref>"[http://www.dnb.com/company.html About Us]." Dun & Bradstreet. Retrieved on 1 October 2012. "HQ info: 103 John F. Kennedy Parkway Short Hills, NJ 07078"</ref>

==Competition==
Competitors to TransUnion CIBIL include:
* [[High Mark Credit Information Services|CRIF High Mark]]
* [[Equifax]]
* [[Experian]]

==History==

* 2000: CIBIL (Credit Information Bureau (India) Limited) incorporated.
* 2004: Credit bureau services are launched in India (Consumer Bureau).
* 2006: Commercial bureau operations commenced.
* 2007: CIBIL Score, India’s first generic risk scoring model for banks and financial institutions, was introduced.<ref>{{cite web|title=Everything About : TransUnion CIBIL Limited|url=http://www.aimsuccess.in/2017/01/everything-about-transunion-cibil.html|website=Aim Success}}</ref>
* 2010: Two firsts for the credit industry in India with the launch of:
** CIBIL Detect: India's first repository for information on high-risk activity.<ref>{{cite web|title=CIBIL and TransUnion launch CIBIL Detect|url=http://www.indiainfoline.com/article/news-business/cibil-and-transunion-launch-cibil-detect-113101302150_1.html |website=India Infoline}}</ref>
** CIBIL Mortgage Check: The first centralized database on mortgages in India.<ref>{{cite web|title=CIBIL and TransUnion launch CIBIL Mortgage Check|url=http://www.business-standard.com/article/companies/cibil-and-transunion-launch-cibil-mortgage-check-110090200169_1.html |website=Business Standard|accessdate=2 September 2010}}</ref>
* 2011: CIBIL Score is made available to individual consumers.
* 2016: Transunion acquired 92.1% stake in CIBIL to become Transunion CIBIL.
* 2017: TransUnion CIBIL launches CIBIL MSME Rank to drive credit penetration in Micro, Small and Medium Enterprises and helping lenders assess risk better <ref>{{cite web|title=TransUnion CIBIL launches credit risk ranking for MSMEs|url=http://www.smetimes.in/smetimes/news/top-stories/2017/Mar/01/transunion-cibil-launches-credit-risk-rank-for-msmes1634269.html|website=SME Times|date=1 March 2017}}</ref><ref>{{cite web|title=TransUnion CIBIL introduces ranking for MSMEs|url=http://bankingfrontiers.com/transunion-cibil-introduces-ranking-msmes/ |website=Bank Frontiers|date=1 March 2017}}</ref>
*2017: Bank of India sold its 5% share in the company for Rs190.6 crore, implying a value of US$592 million for TransUnion CIBIL<ref>{{cite news|title=BoI to complete sale of 29.96% stake in STCI Finance by month-end|url=http://www.financialexpress.com/market/boi-to-complete-sale-of-29-96-stake-in-stci-finance-by-month-end/830289/|accessdate=6 September 2017|newspaper=Financial Express|date=29 August 2017}}</ref>

== References ==
{{Reflist}}

==External links==
*[https://www.transunioncibil.com/ Official Website]

{{Financial services in India}}

[[Category:Financial services companies based in Mumbai]]
[[Category:Financial services companies established in 2000]]
[[Category:Credit rating agencies in India]]
[[Category:2016 mergers and acquisitions]]
[[Category:Indian subsidiaries of foreign companies]]
[[Category:Indian companies established in 2000]]
[[Category:2000 establishments in Maharashtra]]