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ICRA to set up a branch in Nepal

Credit rating agency, ICRA will set up credit rating agency in Nepal in association with some local institutions there.
 
An official statement from the company said,"ICRA Limited (ICRA) has been granted a letter of intent (LoI) by the Securities Board of Nepal (SEBON) to establish a Credit Rating Agency (CRA) in the Himalayan nation." 
 
ICRA proposes to set up a CRA in Nepal in a joint venture with certain reputable Nepal-based institutions and professionals, it added.
 
About ICRA
 
ICRA (formerly Investment Information and Credit Rating Agency of India Limited) was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment information and credit rating Agency.

 

Account Review Services launched by Experian's allows banks and NBFCs to understand customers

Experian Credit Information Company of India Pvt Ltd, the first CICRA licensed credit bureau in India, announced the launch of Experian Account Review and Experian Premie...

Allahabad Bank to avail CIBIL’s bureau analyzer services

In a move to provide information about lenders deep down at the branch level Allahabad bank entered into an agreement with  Credit Information Bureau (India) Ltd (CIBIL) ...

Now you can access your credit score

The Credit Information Bureau (India) Ltd., popularly known as CIBIL has acceded to the long-pending demand of general public to have direct access to their personal cred...

Oriental Bank of Commerce will Rely on Experian's credit information

Oriental Bank of Commerce will rely on Experian Credit Information Company of India (Experian India) for receiving credit information of the customers of the bank.
 
The tw...

CIBIL ties-up with 4 leading cooperative bank associations

To expand its membership and bring more cooperative banks into its fold, the Credit Information Bureau India Limited (CIBIL) has announced its association with four leadi...

Credit Bureau Experian Sued For Fraud

Customers say the company doesn't provide relevant information in the credit reports it provides to customers.

A lawsuit has been brought against credit bureau Experian in...

Microfinance players to get their own credit info bureau

MICROFINANCE institutions will begin using an online credit information bureau in a bid to prevent over-indebtedness due to multiple borrowings among their clients -- a p...

Individuals can’t be part of credit bureaus

Can individuals become members of a credit bureau?
Currently, individuals cannot become members of a credit bureau. However, you can purchase your own credit information r...

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