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Investors bet big on CIBIL as use of credit scores soars
India’s largest credit bureau, Credit Information Bureau (India) Ltd
(CIBIL), has become a sought after investment as private equity funds and
strategic investors bet on the increasing use of credit scores. , India Alternatives Private Equity and India Infoline Finance together acquired a 4% stake in CIBIL from State Bank of India (SBI)—the third stake sale seen in the credit information firm in just a year.
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