1. What exactly is TransUnion CIBIL? So what does it do?
TransUnion CIBIL Limited is IndiaвЂ™s first Credit Information Company, additionally commonly introduced as being a Credit Bureau. We collect and keep maintaining documents of individualsвЂ™ and entities that are commercial re payments related to loans and bank cards. These documents are submitted to us by banking institutions along with other loan providers for a basis that is monthly by using this information a CIBIL get and Report for people is developed, which allows loan providers to gauge and approve loan requests.