|Definition||:||Credit Information Bureau of India Limited|
|Category||:||Business » Banking|
What does CIBIL mean?
Credit Information Bureau of India Limited (CIBIL) is a credit information agency in India which maintains the credit history of commercial and consumer borrowers. CIBIL provides this information to its Members in the form of credit information reports. CIBIL provides credit grantors to gain a complete picture of the payment history of a credit applicant, they must be able to gain access to the applicant’s complete credit record that may be spread over different institutions.