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.