NEWS & ADVICE : CREDIT CARDS
Allahabad Bank ties deal with CIBIL
By Ankit Sharma
Jul 28, 2011
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Public sector lender Allahabad Bank has tied up a deal with rating agency CIBIL through which it will be availing the analyser services to aid its branches.

Using this facility, the bank will get an idea of all financial services which have been availed by a company as well an individual along with complete track record of payments.

So they will be helped in getting an idea of credit worthiness of the borrower.

The bank branches would thus be able to handle loan disbursal process more accurately.


 


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