Hi,
One of my customer had a SCB credit card way back in 1997, last payment was made in 1997. The card limit was less than Rs.20000. SCB sold the porfolio to Shaha Finlease and they reported this particular due in CIBIL in august 2013, Principal written off as 1 Lakh odd and outstanding amount above Rs. 2 Crores, how can a responsible organisation like CIBIL take such updates without clear validations and what can be done in this case. can any one suggest. Thanks in advance
