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Sunday, March 3, 2013

CIBIL chief visits Karnataka Bank

M. V. Nair, Chairman of Credit Information Bureau India Ltd (CIBIL), visited the head office of Karnataka Bank in Mangalore on Saturday.

Addressing executives of the bank, he highlighted the importance of using data available through CIBIL.

He said that the data will help in identifying customers with good banking track record. He suggested that borrowers with high score need be given preferential rate of interest.

A press release by the bank said here that Nair appreciated the higher quality and correct data made available by Karnataka Bank to CIBIL.

P. Jayarama Bhat, Managing Director of the bank, was present on the occasion.


Source: thehindubusinessline

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