Banks would soon be able to determine whether a property is already mortgaged when a borrower approaches them for a loan against it and this would help in checking the increasing instances of housing loan frauds.
If you are wondering what all this is about and why should your wife need an independent score then read on to find out.
Sharing your credit card with the spouse has it perks. Read on to find out more!
You may forget about your mistakes but CIBIL keeps an eye and maintains a record of each and every transaction right from your first credit card!
If you are the owner of multiple credit cards, here are some dos and don'ts you need to know about credit card management.
If allowed to go unchecked, this addiction can wreck you financially as well as emotionally.
The Asset Reconstruction Company of India Ltd, promoted by the State Bank of India, ICICI Bank, IDBI and other banks, is slated to start operation by the middle of this month.
'Why should we disclose classified information to satisfy those who doubt our Hydrogen Bomb capability?'
In order to make your life a tad easier, here are some pointers on what needs to be done with inheritance of credit card debt.
It all begins with a little overspending on the credit card, and before you know it, you find yourself being sucked into a debt trap. You may think you have a debt pay off plan, but think again!
There is no such thing as 'free' credit cards. Most of the charges associated with your card are not even told upfront to you. Knowing about these various fees and charges will put you in good stead and help you use your card prudently.
The Reserve Bank of India on Thursday said the newly operationalised Credit Information Bureau (India) Ltd will publish a list of defaulters of Rs 1 crore (Rs 10 million) and above.
Top four consequences for you to keep in mind before you miss a mortgage payment
Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent
If you are a compulsive credit card user and are at a loss about how to regulate your credit card spend, here is help at hand!
If you are panic-stricken because of your inability to repay even your minimum amount due on your credit card, help is at hand.
'A mid-year review makes the end-of-year financial review manageable and less stressful.'
The Reserve Bank could consider setting up of a Fraud Registry on the lines of Credit Information Bureau to check criminal activities in the financial sector.
WikiLeaks founder Julian Assange has agreed to enter a plea deal with the Joe Biden administration that could pave the way for him to avoid imprisonment in the United States, according to recently filed federal court documents, CNN reported.
Will BJP campaigners start using the term 'Ram Rajya' to refer to the nation under Modi's rule, asks N Sathiya Moorthy.
Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
Find out how banks and lending institutions decide if you are worth their money based on your CIBIL TransUnion Score and Credit Information Report.
A critical factor that can ensure easier and hassle-free access to home loans is keeping a watchful eye on your Credit Information Bureau India Ltd (CIBIL) Report and CIBIL TransUnion Score.
'Although perhaps not with a greater majority, and maybe even a slightly reduced majority in the Lok Sabha.'
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
Just avoid these credit card mistakes and live your second innings in style, says Rajiv Raj
Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process.
To ease the process of decision making while buying a house, we have put together important factors you need to consider.
Before applying for a home loan, make sure you have not been delinquent in the past six months at least.
Here are some of the glimpses of his visit.
The Central Bureau of Investigation (CBI) on Wednesday told a special court here that it received a sanction from the ICICI Bank's board to prosecute Chanda Kochhar, the former CEO and MD of the bank, in connection with a case of alleged cheating and irregularities in loans sanctioned by the bank to Videocon Group companies. The probe agency, represented by special public prosecutor A Limosin, told the court that the board of ICICI Bank in a resolution passed on April 22 this year gave its sanction to the prosecution (against Kochhar), accepting that there seemed to be quid pro-quo.
Credit bureaus have become a weapon banks wield even against a consumer who deserves much better.
Credit is relevant in the short run but what actually matters is productivity in the long run.
With Lok Sabha elections months away, the visits are vital politically as these would showcase Modi's standing as a world leader to the home electorate.
Let not the smartness be confined only to your phone... Transfer it to borrowing too! Here's how
Documents such as PAN card, Aadhaar card, I-T return papers, which are used for KYC, can get leaked from a number of sources. Other prominent sources are the direct sales agents and photocopy shops, say Sanjay Kumar Singh.
Some simple tips can help you in better understanding of your CIBIL Report.
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