CIBIL's Commercial Bureau banks on a vast information database of credit histories of commercial borrowers.

CIBIL's Commercial Credit Bureau benefits the industry and the economy overall, by helping minimize instances of concurrent and serial defaults through providing credit information pertaining to non-individual borrowers such as public limited companies, private limited companies, partnership firms' proprietorships, and others. CIBIL maintains a central database of information as received from its Members. CIBIL then collates and disseminates this information on demand to Members, in the form of Commercial Credit Information Reports (CIR) to assist them in their loan appraisal process.

In its initiative to improve Credit flow to SMEs, CIBIL is being supported under SME Financing and Development Project implemented by Project Management Division, SIDBI, with an aim to facilitate flow of credit to the under penetrated SME sector while increasing banks’ profitability and market penetration (via sound credit decisions) and reducing non-performing loans (via credit information tools).

The software for the Commercial Credit Bureau is developed and licensed by Dun & Bradstreet, a world leader in commercial credit information and one of CIBIL's equity and technical partners.

  Commercial Credit Information Report (CIR):
  Suit-Filed cases

The information in the Commercial Credit Information Report broadly covers information about the borrowing entity and the credit/ loan account details like:

• Borrower information
  1. Name and Address
  2. D-U-N-S^® Number
  3. Other Identification numbers; e.g. PAN, Registration No.
     
  4. Legal constitution
  5. Relationship details; e.g. major shareholders, directors and their addresses and D-U-N-S^® Number
  6. Number of inquiries made on the borrower

• Account Details
  1. Number of credit facilities
     
  2. Credit type
     
  3. Loan amount
     
  4. Outstanding amount
     
  5. Asset classification
     
  6. Willful defaulter and suit-filed status
     
  7. Guarantor details

The information contained in this section relates to the suit filed accounts against defaulters of various banks, all India notified Financial Institutions (FIs) and State Financial Corporations (SFCs). The contents of this Information have been provided by various banks, FIs and SFCs, pursuant to the directions of the Reserve Bank of India dated the 4th of June, 2002, bearing reference number DBOD No.DL.BC. 111/20.16.001/2001-02. In the event any person seeking clarifications with respect to the Information or being aggrieved in any manner, such person may directly contact the bank or FI or SFC concerned for clarifications and/or actions.

Click on the link below for more information:

https://www.cibil.com/webrequest/jsp/jsp-suit/DisclaimerFreeSuitFile.jsp