Crif
Check your company credit score report from CRIF High Mark. We are India's leading Credit Bureau providing company credit scores to consumers, lenders, and other financial Institutions.
Market Insights is designed to provide you with a snapshot of your portfolio performance, allowing you to benchmark it against industry segments such as multinational corporation banks, private banks, public sector banks and non-banking financial companies.
CRIF High Mark's Consumer Credit Report provides a 360degree view into the credit history of an individual from over billion data records from all banks, NBFCs, HFCs, Microfinance institutions, Cooperative and Rural banks across India. We cover individuals from all strata of our society and all parts of our country – including the rural India.
A regular behavior of high credit utilization may show a credit hungry behavior and adversely affect your credit score. In case you have spotted a drop in your score due to this reason, you can approach your card issuer and request to increase your credit limit or get another credit card.
A loan rejection can be hard, especially when you do not know why and what impact it could have on your credit score!
For the banking industry, such transformations are a great way to attract & retain customers, enhance revenue growth, minimize the incidences of application fraud and achieve significant cost savings especially when it comes to lending loans to SMEs and corporate. The recent pandemic has also triggered the trend of ‘less touch time’ which is all the more reason why banks should look digital. Automated Decision engines use complex algorithms based on measurable user derived data which includes their past spending patterns, their credit history, credit information report, credit score, buying behavior – all things which when analyzed by a human would take significant time and skills to come to a reliable conclusion about the creditworthiness of the customer.
In a post-pandemic world, due diligence activities are poised for a paradigm shift. Let us see how it will affect the M&A processes and the changes we need to accept.
Besides lending purposes, many companies may look up a business credit report as a part of their due diligence process before entering into a deal, merging, acquiring, or onboarding new suppliers. A credit report is compiled by a commercial credit bureau such as CRIF who also provide credit score for companies. Let us look at what a typical business credit report looks includes.
