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Monday, November 14, 2011

Get your CIBIL credit score on your mobile phone

Credit Information Bureau of India (Cibil) is planning to introduce credit scores on mobile phone directly . As of now one can get his credit scores only from CIBIL by paying a fee and sending a document to CIBIL. But now CIBIL wants to make sure the credit score reaches people as fast as possible and for this they are in talks with various service providers like Vodafone and Bharti Airtel.

“Mobile transactions would change the way the industry is functioning. That’s our next focus. That’s where the growth will happen. We will be able to give the credit report to customers on their mobile immediately. We are exploring this possibility,” said Arun Thukral, MD, Cibil.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 20
11:30 Public Sector Net Borrowing 1 £17.686B £20.052B Revised from £20.155B
11:30 Retail Sales (YoY) 2 -1.3% 1.7% 5.0%
11:30 Retail Sales (MoM) 3 -2.7% -0.5% 1.3% Revised from 1.2%
11:30 Retail Sales ex-Fuel (YoY) 2 -1.3% 1.8% 5.2% Revised from 5.3%
11:30 Retail Sales ex-Fuel (MoM) 2 -2.8% -0.5% 1.4% Revised from 1.3%
18:00 Philadelphia Fed Manufacturing Survey 2 -1 -4
18:00 Industrial Product Price (MoM) 1 0.0% -0.8%
18:00 Raw Material Price Index 1 -0.8% -3.0%
18:00 New Housing Price Index (YoY) 1 -0.6%
18:00 New Housing Price Index (MoM) 1 -0.2% -0.4%
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