GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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CIBIL as a credit bureau caters to:
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Consumer segments
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Commercial segments
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Nationalized Banks only
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Both commercial and consumersegments
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Explanation:
Detailed explanation-1: -TransUnion CIBIL Limited, commonly known as CIBIL, is the leading credit information company (credit bureau) in India. The key function of CIBIL is to provide a credit report and credit score for individuals and credit rank for companies, which are the decisive factors in getting new credit applications approved.
Detailed explanation-2: -The commercial bureau is the source of the Commercial CIBIL Report. Importance of Consumer CIBIL Report and Commercial CIBIL Report. Whether it is a consumer CIBIL credit report or a commercial CIBIL credit rank report, both are important aspects when it comes to lending.
There is 1 question to complete.