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Hans India
23-07-2025
- Business
- Hans India
CIBIL Updates in Real-Time: How This Change Benefits Your Financial Future
In today's fast-evolving financial ecosystem, real-time data access is transforming how individuals approach credit. One of the biggest developments is the real-time update of your CIBIL score—a shift that directly empowers borrowers to take greater control of their financial futures. Whether you're eyeing an instant personal loan, starting the gold loan process, or simply keeping your financial health in check, staying updated with your CIBIL score has always been crucial. As India moves toward greater financial transparency and accessibility, platforms like Muthoot Finance not only offer convenient loan services but also provide free credit score checks to help you monitor your creditworthiness proactively. What is a CIBIL Score and Why It Matters Your CIBIL score is a three-digit number ranging from 300 to 900 that reflects your credit health. It is calculated based on factors such as your credit history, repayment habits, loan mix, and credit utilization. A higher score not only improves your chances of loan approval but also gives you access to better financial products and interest rates. Here's a quick breakdown of what various score ranges mean: CIBIL Score Category Implication Below 300 No Credit History Begin building credit with responsible usage 300–550 Poor Credit Score High-risk borrower, needs significant improvement 551–700 Fair Credit Score Moderate history; some scope for improvement 701–750 Good Credit Score Reliable borrower; eligible for better terms Above 750 Excellent Credit Score Strong credit discipline; access to premium loan and card options What Real-Time CIBIL Score Updates Mean for You Until recently, CIBIL scores were updated only periodically—usually weeks after your financial activity. This lag meant that even after paying off debts or improving credit behavior, you'd have to wait to see a positive reflection in your score. Now, thanks to real-time or near-instant updates, your score adjusts quickly based on your financial actions. This change offers meaningful benefits: ✅ Faster Loan Approvals If you're applying for instant personal loan, your most recent activity—such as clearing overdue bills—will be visible to lenders, boosting your approval chances. ✅ Improved Credit Visibility Real-time updates allow you to monitor your credit standing more accurately. You don't have to guess when your payments or changes in utilization will impact your score. ✅ Stronger Negotiation Power Whether you're requesting a higher credit limit or a better rate on your next loan, a recently improved CIBIL score gives you more leverage with lenders. Impact on Gold Loan and Personal Loan Borrowers While gold loans are secured and may not always require a CIBIL score check, having a strong score still helps build trust with lenders and can result in better loan conditions, especially if you're exploring flexible repayment plans or high-value loans. Here's how real-time CIBIL updates impact both: Loan Type How Real-Time CIBIL Helps Gold Loan Not always mandatory, but a good score can help in negotiating better interest terms Personal Loan Critical for fast-track approvals and better interest rates Even during the gold loan process, even if not a mandatory criterion, a higher CIBIL score signals to the lender that you're financially responsible, especially helpful if you're applying for a top-up or second loan. How to Improve Your CIBIL Score—and See Results Sooner Thanks to real-time updates, good financial behavior reflects faster in your score. Here's how to boost your score efficiently: Pay on time: Always pay EMIs, credit card bills, and utility dues on or before the due date. Always pay EMIs, credit card bills, and utility dues on or before the due date. Keep credit utilization low: Ideally, use less than 30% of your credit card limit. Ideally, use less than 30% of your credit card limit. Limit loan applications: Too many hard inquiries can pull your score down. Too many hard inquiries can pull your score down. Diversify credit types: Maintain a healthy mix of secured (like home or gold loan) and unsecured loans (like personal loans). Maintain a healthy mix of secured (like home or gold loan) and unsecured loans (like personal loans). Check reports regularly: Use platforms like Muthoot Finance's free credit score tool to track changes and detect errors early. Use platforms like Muthoot Finance's free credit score tool to track changes and detect errors early. Clear old debts: Settle pending dues and remove red flags from your credit history. Example: Real-Time Scores in Action Take the case of Anita, a 32-year-old IT professional from Patna. Her CIBIL score hovered around 650, limiting her loan options. Over six months, she: Paid EMIs on time Reduced her credit card utilization from 70% to 25% Monitored her score using Muthoot Finance's free credit score check tool Thanks to real-time CIBIL updates, these positive behaviors reflected quickly. Within a year, her score rose to 790, helping her qualify for a home loan at a significantly lower interest rate—saving her lakhs in the long term. Free Credit Score Checks: A Smart Habit Keeping track of your credit score shouldn't feel like a chore. Known and trusted institutions like Muthoot Finance offer free tools that let you check your credit score without affecting it. Over time, regular checks help you identify trends, spot inconsistencies, and plan—whether you're considering a new credit card, a gold loan, or a major financial commitment. Conclusion: A Smarter Financial Future Starts Now The real-time update of your CIBIL score is a shift toward greater financial empowerment. Whether you're planning to secure a personal loan, starting the gold loan process, or simply trying to stay financially fit, this development gives you the visibility and flexibility you need to make timely, informed decisions. Muthoot Finance, known for its trusted loan services and financial tools, enables you to monitor your credit score for free, ensuring you're always one step ahead. In a world where every financial move counts, staying updated with your credit score is the simplest—and smartest—way to shape a better financial future.
Mint
22-07-2025
- Business
- Mint
Shares to buy for short term: From ICICI Bank, Muthoot Finance to UPL— experts suggest 6 stocks to buy
Shares to buy for the short term: The Indian stock market has been trading in a range almost since June, primarily due to persisting uncertainty surrounding a potential India-US trade deal, the unimpressive start of Q1 earnings, and the stretched valuation of the domestic market. The Nifty 50, on Tuesday, July 22, traded with nominal gains amid mixed global cues. While the index traded above 25,100 in the morning session, experts say a close above 25,150 may offer short-term relief. However, even in the current rangebound market, experts see stock-specific opportunities across segments. Vishnu Kant Upadhyay of Master Capital Services and Hardik Matalia of Choice Broking suggested six stocks to buy for the next two to three weeks. Do you own any? ICICI Bank has registered a decisive breakout from a prolonged consolidation range, supported by a wide-range bullish candle and consistent above-average volumes, signalling strong accumulation. The stock remains firmly positioned above its short and long-term moving averages, reflecting bullish alignment. The structure highlights higher lows, and the breakout confirms trend continuation. RSI is sustaining above 60, indicating underlying strength without entering overbought territory. "The technical setup favours a continued positional up-move, backed by strong price action and momentum confirmation," said Upadhyay. Muthoot Finance has registered a breakout above a multi-week consolidation range, marked by a strong bullish Marubozu candle on elevated volumes, signalling aggressive demand absorption. Muthoot Finance's price structure reflects a well-defined sequence of higher highs and lower lows, supported by a bullish alignment of key moving averages (20, 50, 100-DMA). "Sustained positioning above the breakout zone reinforces trend continuation. RSI hovering near 65 indicates sustained momentum, while ADX confirms underlying trend strength," Upadhyay said. Triveni Turbine has exhibited a structurally bullish setup, marked by a breakout from a multi-month consolidation zone on strong volumes. A recent golden crossover, where the 50 EMA has crossed above the 200 EMA, reinforces medium- to long-term bullish momentum. Triveni Turbine's price action remains firm, supported by bullish candlestick formations and sustained trading above all major EMAs. RSI is trending near 70, indicating strength, while MACD is in a positive crossover. "The overall chart structure signals trend reversal and scope for continued upside," said Upadhyay. After witnessing a bounce from lower levels, National Aluminium has entered a consolidation phase within a defined range. It is now on the verge of breaking out of this range, indicating a potential shift toward renewed upward momentum. The RSI stands at 61.03 and is trending upwards after a positive crossover, reflecting growing bullish strength. Matalia pointed out that the stock is hovering near but comfortably above all its key moving averages, which provides technical support and adds credibility to the ongoing trend. "A sustained move above the ₹ 197 mark would confirm the breakout and could open the door for a fresh upward leg. Traders can consider initiating long positions at the current market price of ₹ 194.99, with a stop-loss placed at ₹ 185 to maintain a favourable risk-reward profile. On the upside, the stock has the potential to move toward the ₹ 215– ₹ 218 target range in the near term," said Matalia. UPL remains in a strong overall uptrend, consistently forming higher highs and higher lows on the daily timeframe. After undergoing a phase of wide-range consolidation, the stock has now given a decisive breakout above the consolidation zone, signalling a potential continuation of its bullish trajectory. The RSI stands at 70.23 and is strongly trending upwards, indicating robust buying momentum and increased strength in the current move. UPL is also trading comfortably above all its key moving averages, further validating the strength of the ongoing trend and reinforcing the bullish outlook. "With Monday's breakout, the stock has signalled the beginning of a fresh leg of rally. Traders can consider initiating fresh long positions at the current market price of ₹ 713.75, with a stop-loss set at ₹ 680 to maintain a favourable risk-reward ratio. On the upside, the stock holds potential to move towards the ₹ 785– ₹ 800 target range in the near term," said Matalia. Schaeffler India, after witnessing a strong bounce from lower levels, has entered a phase of healthy consolidation near the highs. On the daily chart, it is forming a classic Cup and Handle pattern, typically a bullish continuation setup, indicating the possibility of a breakout in the near term. The RSI is currently at 62.63 and is trending upwards, suggesting improving momentum and rising bullish sentiment. Schaeffler India is also trading above all its key moving averages, which reinforces the strength of the prevailing uptrend and provides technical support for further gains. The stock is now on the verge of breaking out of the Cup and Handle formation. A successful breakout above the pattern neckline could trigger a fresh rally in the stock. "Traders can consider initiating fresh long positions at the current market price of ₹ 4,282.20, with a stop-loss placed at ₹ 4,100 to maintain a favourable risk-reward ratio. On the upside, the stock has the potential to move towards the ₹ 4,650– ₹ 4,700 target range in the near term," Matalia said. Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Hindustan Times
14-07-2025
- Hindustan Times
Panchkula constable held in cybercrime bribe case, second arrest in four days
Just four days after an assistant sub-inspector (ASI) from the Cybercrime police station, Mansa Devi Complex, was arrested in a ₹1.15 lakh bribe case, the state vigilance and anti-corruption bureau (ACB), Panchkula, has apprehended a constable from the same police station for his involvement in the crime. The arrested individual has been identified as Pradeep Kumar. The arrested individual has been identified as Pradeep Kumar. (HT File) The ACB stated that constable Pradeep Kumar's arrest was made after sufficient evidence implicating him was uncovered during the ongoing investigation. Authorities revealed that their probe indicated Pradeep Kumar conspired with ASI Jasbir Singh, actively demanding and pressuring the complainant for the bribe. Previously, on Tuesday, the ACB had arrested ASI Jasbir Singh red-handed while he was allegedly accepting a bribe of ₹1.15 lakh. He was subsequently booked under Section 7 of the Prevention of Corruption Act. The case began when a private sanitary trading businessman approached the ACB, alleging that ASI Jasbir Singh was demanding a bribe to close a complaint against him. The complainant had initially taken a gold loan from Muthoot Finance in February 2024. To repay this loan, he contacted Cash Your Gold Company in Sector 20, Panchkula, which transferred ₹5.65 lakh to his account via RTGS. The understanding was that the complainant would retrieve the gold from Muthoot Finance and deliver it to Cash Your Gold Company. However, the firm later filed a complaint with the cybercrime police station in Gurugram, accusing the businessman of failing to return either the gold or the money. This led to the Gurugram police freezing his bank account, along with those of his creditors. The complaint was then transferred to Panchkula, where ASI Jasbir Singh allegedly demanded a bribe to unfreeze the complainant's bank account. While the initial demand was reportedly ₹2.5 lakh, the ASI later settled for ₹1.15 lakh after negotiations, prompting the complainant to approach the ACB.
Hindustan Times
09-07-2025
- Hindustan Times
Panchkula cybercrime ASI caught accepting ₹1.15 lakh bribe
The state vigilance and anti-corruption bureau (ACB) on Tuesday arrested an assistant sub-inspector (ASI) posted at the cybercrime police station in Mansa Devi Complex, Panchkula, for allegedly accepting a bribe of ₹1.15 lakh. ASI Jasbir Singh was caught red-handed and booked under Section 7 of the Prevention of Corruption Act. (HT File) According to officials, ASI Jasbir Singh was caught red-handed and booked under Section 7 of the Prevention of Corruption Act. The complainant, who runs a private sanitary trading business, had approached the ACB alleging that the ASI was demanding a bribe for closing a complaint against him. The complainant had mortgaged his gold with Muthoot Finance in February 2024 to take a loan. Later, to repay the loan, he approached the Cash Your Gold Company in Sector 20, Panchkula, which paid him ₹5.65 lakh via RTGS. The complainant was supposed to retrieve the gold from Muthoot Finance and deliver it to Cash your Gold Company. However, the firm later lodged a complaint with the Cybercrime police station in Gurugram, accusing him of not returning the gold or the money. As a result, the Gurugram police froze his bank account, along with those of his creditors. This complaint was later transferred to Panchkula following which the ASI demanded a bribe for unfreezing his bank account. Initially, the ASI had allegedly demanded ₹2.5 lakh, but later agreed to accept ₹1.15 lakh after negotiations Following this, the complainant approached the ACB, which caught ASI Jasbir Singh red-handed.
Business Standard
24-06-2025
- Business
- Business Standard
Muthoot Finance allots 4,585 equity shares under ESOP
Muthoot Finance has allotted 4,585 equity shares of face value of Rs. 10/- each under Muthoot ESOP 2013. Post allotment, the Company's paid-up capital stands increased from Rs. 401,46,38,910 consisting of 40,14,63,891 equity shares of Rs. 10/- each to Rs. 401,46,84,760 consisting of 40,14,68,476 equity shares of Rs. 10/- each. Powered by Capital Market - Live News
