CIBIL is India's first credit information company, founded in 2000 to help financial institutions make more informed lending decisions. It collects credit information reported by banks and lenders to generate credit reports and scores on individuals and businesses. CIBIL is majority owned by TransUnion International, with several major Indian banks also serving as shareholders. CIBIL's credit reports and scores are now an important part of the loan application process in India, helping lenders quickly evaluate creditworthiness and helping consumers understand their own credit standing.

1. Prosenjit Sarkar
Anuj Pahal
Raja Saini

2. What is CIBIL?
 Founded in August 2000, CIBIL is a Credit Information Company
 Plays a critical role in India’s financial system
 Helps loan providers take well informed decisions
 Helps consumers secure credit faster
 Better management of the credit life cycle by loan providers and consumers
alike

3. How it evolved?
 November 1999 - Report submitted by Siddiqui Committee for setting up India's first Credit
Information Bureau
 August 2000 - CIBIL was Incorporated basis the recommendations made by the Siddiqui
Committee
 April 2004 - Launch of Credit Bureau services in India (Consumer Bureau)
 May 2006 - Commenced Commercial Bureau operations
 November 2007 - CIBIL TransUnion Score introduced to Banks
 July 2010 - Launched CIBIL Detect- India's first repository for information on high-risk activity
 September 2010 - Launched the first centralized database on Mortgages in India- CIBIL Mortgage
Check
 April 2011 - CIBIL TransUnion Score made available to individuals

4. Shareholders in CIBIL
 Trans Union International Inc. – 66.1%
 Bank of Baroda – 5%
 Union Bank of India – 5%
 Aditya Birla Trustee Company Private Ltd. – 4%
 India Alternatives Private Equity Fund. – 2.9%
 ICICI Bank Ltd. – 6%
 Bank of India – 5%
 Indian Overseas Bank – 5%
 India Infoline Finance Limited. – 1%
66%
5%
5%
4%
3%
6%
5% 5% 1%
TransUnion International Inc.
Bank of Baroda
Union Bank of India
Aditya Birla Trustee Company Private Ltd
India Alternatives Private Equity Fund
ICICI Bank Ltd
Bank of India
Indian Overseas Bank
India Infoline Finance Ltd

5. Operations
 Collects and maintains records of your loan and credit card payments
 Monthly submission of records to CIBIL by banks and other lenders
 Based on this information, Credit Information Reports (CIR) and Credit
Scores are generated
 CIR and Credit Score is shared with lenders to help them evaluate and
approve credit applications

6. Role in Loan Application Process
 CIBIL TransUnion Score and the CIR are very important in the loan approval
process
 Credit Score shows how well do you manage your credits
 The score helps loan providers quickly determine who they would like to
evaluate further to provide credit
 CIBIL TransUnion Score ranges from 300 to 900
 >750 is a score preferred by loan providers
 Once the loan provider decides which applications to evaluate, they analyze
the CIR to check the applicant’s eligibility

7. Role in Loan Application Process (Contd)
 Eligibility is the applicant’s ability to handle additional debt given their
current financial commitments
 After the credit score and CIR checks, the loan provider will ask for the
applicant’s income proofs and other relevant documents to take a final
decision to sanction the loan

8. CIBIL and YOU
 Faster loan approvals
 Credit score and CIR helps loan providers identify consumers who’re likely to be able to payback
their loans
 Helps them do this quickly and economically
 You can also see your credit score and CIR to understand your credit-worthiness
 No more ambiguity with regards to the loan approval process or the elements used to evaluate
your loan application
 Empowers both loan providers and applicants to take better and more informed decisions

9. THANK YOU