Event Introduction

Walk-the-Talk with Mr. Kiran Moras, Chief Information Officer, Highmark Credit and Services

A credit bureau is a company that collects information from various sources and provides consumer credit information on individual consumers for a variety of uses. It is an organization providing information on individuals borrowing and bill paying habits. This helps lenders assess credit worthiness, the ability to pay back a loan, and can affect the interest rate and other terms of a loan. Interest rates are not the same for everyone, but instead can be based on risk-based pricing, a form of price discrimination based on the different expected risks of different borrowers, as set out in their credit rating. Consumers with poor credit repayment histories or court adjudicated debt obligations like tax liens or bankruptcies will pay a higher annual interest rate than consumers who don’t have these factors.

Recently the RBI has granted the authority for 4 organizations to set-up credit information bureau in India which is a relatively new concept in our country. Highmark being one among the four consists of a rich experience and thus has a lead to make it big in this new field. In an exclusive interview with Team TechSpeak Mr. Kiran speaks about entrepreneurship, his career growth, goals of Highmark and innovations for the credit world of modern India. Be there to know for yourself what’s in store for the future of Indian financial and credit sectors.

Contact details:

• You can email your queries to techspeak@engineer.org.in