Keeping an eye on your credit health is easier than you think, even without traditional documentation like a PAN card.
RBI has mandated CICs to alert customers whenever their Credit Information Report is accessed by banks.
Credit bureaus are regulated by the Credit Information Companies Regulation Act 2005.
According to the report of CIBIL, the highest number of willful defaulters were in PNB. Large amount outstanding is due from these accounts.
It is better to know your CIBIL score that reveals the credit history and financial health before applying for a loan. CIBIL is an