CREDIT INFORMATION BUREAU (INDIA) LTD (CIBIL)
CIBIL was originally set up by SBI and HDFC with shareholding of 40% each and the other two companies i.e. DUN and Bradstreet Information services India Pvt Ltd and Trans Union International INC. having 10% shareholding each. The envisaged role of CIBIL is to A) Gather credit related information regarding individuals and Corporate /Commercial Credit users, B) Maintain a database of this information and sell this information in reports to a closed user group for a price. At present SBI and HDFC reduced their holding to 16.25% each, rest taken up by ICICI Bank, PNB, Bank of India, Union Bank of India, Bank of Baroda etc. CIBIL has a database of 20 million records from 12 members. The company has a paid up capital of 25 crores.
CIBIL was originally set up by SBI and HDFC with shareholding of 40% each and the other two companies i.e. DUN and Bradstreet Information services India Pvt Ltd and Trans Union International INC. having 10% shareholding each. The envisaged role of CIBIL is to A) Gather credit related information regarding individuals and Corporate /Commercial Credit users, B) Maintain a database of this information and sell this information in reports to a closed user group for a price. At present SBI and HDFC reduced their holding to 16.25% each, rest taken up by ICICI Bank, PNB, Bank of India, Union Bank of India, Bank of Baroda etc. CIBIL has a database of 20 million records from 12 members. The company has a paid up capital of 25 crores.
No comments:
Post a Comment