TransUnion CIBIL is India's pioneer and leader in Credit Information. CIBIL's content, insights, products and world-class solutions are helping businesses manage risk, devise appropriate lending strategies, reduce costs, maximize portfolio profitability and improve customer loyalty. CIBIL seeks to be the most trusted partner to the financial service sectors. Industry experts and researchers attribute the growth in retail loans (at 28% CAGR over the last three years) to CIBIL's information insights. (Source: Mint*). CIBIL's support has significantly contributed in driving growth in the retail credit segment and fuelling credit penetration.(Data Source: CIBIL Data Analysis March 2016): - The retail loans category has grown at an average CAGR of 28% over the last three years, while at the same time there is significant reduction in retail NPA Rates. - The number of loan enquiries in the credit industry has grown at a CAGR of 25% during the last 3 years. Significantly, 30% of the individuals were first-time borrowers. - Solutions to decide and approve loan applications in real time has helped reduce the average time required for approval of a loan – to around 3-4 days today from 7-9 days, three years back. - Enquiries at CIBIL for rural lending have steadily grown to 35% today vis-à-vis 25% over five years back. Access to finance is one of the most fundamental requirements to enable the fulfillment of aspirations of India's 1.2 billion citizens. CIBIL's commitment is to be the underlying credit infrastructure to this growth, enabling faster and cheaper access to credit by accelerating our investment in information infrastructure to partner in the national momentum of helping drive higher financial literacy, inclusion and protection.