Saturday, December 7, 2013

In a first, MFI customers to be given credit scores

.......While retail customers of banks and NBFCs have been scored for some time now, the concept of a credit bureau is relatively new for the MFI sector. The score is the next step in the evolution of credit information services from a credit bureau since it provides predictive power along with credit attributes in a credit report of a customer, Patel said.......

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