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Equifax gets RBI license

Equifax gets RBI license

30 Mar 2010
Hindu Business Line

Edition: Mumbai Pg: 06


Equifax Inc. a global information services company, on Monday, announced that it has received a license from the Reserve Bank of India to start a credit information company in India. The Atlanta-based company is part of a joint venture with six Indian financial institutions, namely; Bank of Baroda, Bank of India, Kotak Mahindra Prime Ltd, Religare Finvest Ltd, Sundaram Finance Ltd and Union Bank of India, said a press release. Equifax has operations in over 14 countries. In India, the joint venture intends to offer information products and services including credit information reports, scores and analytics and collection management services, the release added.