Cibil News

According to Cibil, the number of over-leveraged borrowers has tripled, while the pace of credit expansion has slowed down.

A doctor has won a payout of Rs 12,500 after a 'wrong entry' in their CIBIL report negatively affected their reputation.

According to CIBIL, UPI and personal loans are increasingly replacing credit cards in Indian wallets, as credit card penetration remains low at 5.2 crore holder

CIBIL reports that the credit card boom is accompanied by increasing delinquencies, borrower stress, and multiple unsecured loans.

Credit cards' share of unsecured credit has decreased to 38% from 56% in 2016, while small personal loans have gained significant market share, according to CIB