When you go to any bank in order to apply for a loan, the bank will look at your CIBIL score. Not just banks but any organization that you approach for a loan, will look analyze your credit standing or credit history by looking at your CIBIL score. If your CIBIL score is good, then the bank or the financial institution will look at the other elements and consider … [Read more...] about What is a CIBIL score? Why is it important?