SE Finance
Bureau score or commonly know as the CIBIL score, plays a very crucial role while availing financial services from banks & NBFCs.
1. Yet, it’s not readily accessible inspite of being so significant
2. 24Cr Indians or almost half of Indian's working class population don't even have a CIBIL score
3. And although, financial services can still be availed in the absence of CIBIL, good luck with that.
So, there's need for a score that performs all the functions of CIBIL and then some more. This score should be - Accessible & transparent | Up to date | Inclusive
That's where FIU comes into the picture.
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