TO BE PUBLISHED IN THE GAZETTE OF INDIA,

unknown · 2005 · State unknown

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Parent: THE CREDIT INFORMATION COMPANIES (REGULATION) ACT, 2005 (17c94cf790b2c8a79a10ba20fb4c236c0b254495)

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## Page 1 1 ONE ## Page 2 2 TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3 AND SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS (BANKING DIVISION) NOTIFICATION 14th December, 2006 New Delhi, the 23 Agrahayana, 1928 G.S.R.754 (E).- In exercise of the powers conferred by section 37 of the Credit Information Companies (Regulation) Act, 2005 (30 of 2005), the Reserve Bank of India hereby makes the following regulations, namely:- CHAPTER I PRELIMINARY Short title and commencement.- (1) These regulations may be 1. called the Credit Information Companies Regulations, 2006. (2) They shall come into force on the date of their publication in the Official Gazette. Definitions.- (1) In these regulations, unless the context 2. otherwise requires, - (a) "Act" means the Credit Information Companies (Regulation) Act, 2005, (30 of 2005); (b) "collector" means a credit institution, or a credit information company, or a specified user, as the case may be, which collects data, information, or credit information in respect of a borrower, or a client; (c) "commodity exchange" means an association or a company or any other body corporate organising futures trading in commodities for which license has been granted by the Forwards Markets Commission established under the Forward Contract (Regulation) Act, 1952, (74 of 1952); ## Page 3 3 (d) "data management service" means the service of for collecting, storing, devising retrieving, systems collating, analysing and distributing, publishing, disseminating data, information, and providing of other inputs by a credit information company to its members and specified users; "Form" means a form appended to the Schedule to these (e) regulations; (f) "fees" means such amount as is payabl

Rule TOC

23 · Agrahayana, 1928

37 · of the Credit Information Companies (Regulation) Act, 2005 (30 of

1956 · (42 of 1956);

2 · of the Securities Contracts (Regulation) Act,

1956 · (42 of 1956).

3 · of the Securities Exchange Board of India Act

1992 · (15 of 1992);

3 · of Telecom Regulatory Authority of India Act,

1997 · (24 of 1997);

3 · In addition to the specified user as provided in clause (I) of section

2 · of the Act, the following companies shall also be regarded as a

1938 · (4 of 1938) and registered with the Insurance

1992 · and registered under section 12 of the

4 · Submission of application by companies for grant of

5 · Grant of certificate of registration.- (1) If, on consideration of the

6 · Form of business in which credit information companies may

7 · Form of notice for collection and furnishing of credit

7 · within the time stipulated therein, it may approach the

9 · Permissible uses of credit information.-(1) Credit information

10 · In addition to the principles and procedures as provided in

20 · of the Act, every credit information company, credit

11 · Principles and procedures relating to personal data -(1) Every

12 · (1) Every credit information company shall be entitled to charge

21 · of the Act, subject to a charge of amount not

1 · 0

1 · 1

1 · 2

1 · 3

2 · 0

3 · 0

3 · 1

3 · 2

4 · 0

4 · 1

5 · 0

5 · 1

6 · 0

6 · 1

6 · 2

7 · 0 FINANCIAL INFORMATION ABOUT THE COMPANY

7 · 1

7 · 2 Name and address of the Principal bankers.

7 · 3 Name and address of the Auditors.

7 · 4

8 · 0

8 · 1

8 · 2

8 · 3

9 · 0

9 · 1

2 · Please acknowledge the receipt of this notice.

23 · Agrahayana, 1928