A lower CIBIL score enables banks to charge higher interest rates. This raises questions about a concerning nexus between financial institutions and credit bureaus.
The collapse of the highly rated infrastructure operator-financier IL&FS Group exposed the fault lines under Indian shadow banks’ impressive credit edifice.
The question is one of identifying what datasets are being used to arrive at credit scores and if there is a need to set boundaries beyond which the law must step in.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
COMMENTS