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@article{181811,
        author = {MOKSHITH B URS},
        title = {The role of CIBIL and credit rating agencies in mitigating adverse selection in India’s credit markets},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {1},
        pages = {5476-5480},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=181811},
        abstract = {Adverse selection is a crucial challenge faced in the Indian credit markets, which may cause inefficient credit allocation and increase financial risk. Thus, by realizing this problem in the Indian credit markets, the issue of adverse selection is mitigated by credit rating agencies such as CRISIL and ICRA and credit information companies such as TransUnion CIBIL, Equifax, etc., which thoroughly check the creditworthiness of individuals, companies and businesses by assigning them various ratings and scores, which provide a smooth way for efficient credit allocation thereby, reducing the risk of adverse selection due to information asymmetry. The following work will examine the problem and factors of adverse selection in credit markets due to information asymmetry and analyse the steps taken by credit information companies like TransUnion CIBIL and credit rating agencies (CRAs) in addressing the problem of adverse selection in India’s credit markets. Such institutions play an essential role in overcoming the barrier of asymmetric information to achieve efficient credit allocation, reducing the risk of adverse selection in the market.},
        keywords = {Adverse Selection, Credit Rating, Credit Score, CIBIL, CRISIL, Information Asymmetry},
        month = {June},
        }