Fintech CEO with 800 CIBIL score denied home loan by bank despite strong profile
The CEO of a $1.2 billion fintech company was rejected for a home loan by a leading bank despite holding an 800 CIBIL score and a long-standing relationship with the lender. The incident highlights how banks often evaluate founders and self-employed individuals differently from salaried applicants during credit assessments. The rejection sparked wider discussions about whether traditional lending practices are keeping pace with the realities of modern entrepreneurship. Analysts note that business success does not always translate into favorable personal credit outcomes under conventional banking criteria.
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