A Credit Bureau and a Credit Rating Agency are the same

Credit Bureau and Credit Rating Agency are distinctly different. The only similarity is the six letter word “CREDIT”.
Credit Bureau Credit Rating Agency
It collects, maintains and stores information related to your credit history. It assesses debtor’s ability and willingness to payback debt by making timely payment of interest and principal on a debt instruments.
It provides Credit Scores based on your credit history. It provides ratings based on the risk and evaluation of companies.
It is licensed and regulated by RBI. It is regulated by Securities and Exchange Board of India.

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