NEWS & ADVICE : SAVINGS ACCOUNTS
CIBIL facilitates banks to monitor, control credit risks
By Neelima Shankar
Mar 7, 2013
Print    Email    RSS   

Credit Information Bureau India Ltd (CIBIL) is helping banks to monitor and control credit risks, according to CIBIL chief.

Mr. M V Nair, Chairman of CIBIL said that credit information is imperative to help analyze the credit trend in Indian Banking sector and CIBIL is helping various banks to control credit risks.

A press release by the Corporation Bank said that Mr. Nair lauded the initiative of the bank in upstaging innovation in its products and services such as CASA, SME and gold loan variants. Mr. Nair also opined that the ever-changing banking environment necessitates rapid organizational transformation and constant revisit of IT initiative.

The press release also stated that Mr. M.V. Nair also inaugurated the ‘Knowledge Centre' of the bank at the head office in Mangalore on the occasion.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #3
Carnival of Indian Personal Finance Blogs #1
How to check balance in savings bank account
Credit profile and its effect on loan...
Personal Finance for the 21st century...


When my new sbi saving online saving account...
How to chek bank account
Maine 13/04/2014 ko a/c 32759815833 me balence dala...
how to check balance without internet banking just...
can i check my balance of sbi account
How many balance in my acount

NEWS THIS WEEK
Vijaya bank revised its rates Apr 9, 2014
SBI Rolled out twitter linked account Apr 7, 2014
Growth in deposits and credits of the banks Apr 4, 2014
Karnataka Bank planning to expand its network Apr 3, 2014
Banks not to charge penalty from customers on savings account: RBI Apr 2, 2014
News Archive