Micro Credit Referencing and Obviating Network
 
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Benefits to a bank
A. Easy access to an applicant’s credit history with other Institutions.
B. Details of Transactions with other Institutions
C. Reference to wide and varied Data sources, otherwise not accessible to your institution.
D. Informed Credit Decisions
E. Resulting in:
  • Drastic reduction in NPA (upto 50%)
  • Reduced cost of lending Reduced loan processing time
  • Ability to design customer specific products
  • Increase in overall efficiency and profitability
  • Reduction of Delinquency
  • Provision of a Credit risk score.
 
 
 
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