| SECTIONS |
Credit
Information Companies (Regulation) Act, 2005 |
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Preamble |
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CHAPTER I : PRELIMINARY |
| 1. |
Short
title, extent and commencement |
| 2. |
Definitions |
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CHAPTER II: REGISTRATION OF CREDIT INFORMATION COMPANIES |
| 3. |
Prohibition
to commence or carry on business of credit information |
| 4. |
Application
for registration |
| 5. |
Grant
of certificate of registration |
| 6. |
Power
of Reserve Bank to cancel certificate of registration |
| 7. |
Appeal
against order of Reserve Bank |
| 8. |
Requirement
as to minimum capital |
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CHAPTER III: MANAGEMENT OF CREDIT INFORMATION COMPANIES |
| 9. |
Management
of credit information company |
| 10. |
Power
of Reserve Bank to determine policy |
| 11. |
Power
of Reserve Bank to give directions |
| 12. |
Inspection
of credit information company, credit institution and
specified user |
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CHAPTER IV: AUDITORS |
| 13. |
Powers
and duties of auditors |
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CHAPTER V: FUNCTIONS OF CREDIT INFORMATION COMPANIES |
| 14. |
Functions
of a credit information company |
| 15. |
Credit
Institution to be member of a credit information company |
| 16. |
Failure
to become a member of a credit information company |
| 17. |
Collection
and furnishing of credit information |
| 18. |
Settlement
of dispute |
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CHAPTER VI: INFORMATION PRIVACY PRINCIPLES AND FURNISHING
OF CREDIT INFORMATION |
| 19. |
Accuracy
and security of credit information |
| 20. |
Privacy
principles |
| 21. |
Alteration
of credit information files and credit reports |
| 22. |
Unauthorised
access to credit information |
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CHAPTER VII: OFFENCES AND PENALTIES |
| 23. |
Offences
and penalties |
| 24. |
Cognizance
of offences |
| 25. |
Power
of Reserve Bank to impose penalty |
| 26. |
Application
of fines |
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CHAPTER VIII: MISCELLANEOUS |
| 27. |
Power
of Reserve Bank to specify maximum amount of fees |
| 28. |
Disclosure
of information before any court or tribunal or authority |
| 29. |
Obligations
as to fidelity and secrecy |
| 30. |
Protection
of action taken in good faith |
| 31. |
Bar
of jurisdiction |
| 32. |
Power
of Reserve Bank to exempt in certain cases |
| 33. |
Application
of other laws not barred |
| 34. |
Amendment
of certain enactments |
| 35. |
Removal
of difficulties |
| 36. |
Power
to make rules |
| 37. |
Power
of Reserve Bank to make regulations |
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AMENDMENTS
TO CERTAIN ENACTMENTS |
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PART
I : RESERVE BANK OF INDIA ACT, 1934 |
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PART
II: THE BANKING REGULATION ACT, 1949 |
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PART
III: THE STATE FINANCIAL CORPORATION ACT, 1951 |
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PART
IV: THE STATE BANK OF INDIA ACT, 1955 |
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PART
V: THE STATE BANK OF INDIA (SUBSIDIARY BANKS) ACT, 1959 |
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PART
VI: THE DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION
ACT, 1961 |
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PART
VII : THE STATE AGRICULTURAL CREDIT CORPORATIONS ACT,
1968 |
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PART
VIII : THE BANKING COMPANIES (ACQUISITION AND TRANSFER
OF UNDERTAKINGS) ACT, 1970 |
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PART
IX: THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF
UNDERTAKINGS) ACT, 1980 |
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PART
X: THE EXPORT-IMPORT BANK OF INDIA ACT, 1981 |
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PART
XI: THE NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
ACT, 1981 |
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PART
XII: THE PUBLIC FINANCIAL INSTITUTIONS (OBLIGATION AS
TO FIDELITY AND SECRECY) ACT, 1983 |
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PART
XIII: THE NATIONAL HOUSING BANK ACT, 1987 |
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PART
XIV: THE REGIONAL RURAL BANKS ACT, 1976 |
