THE CREDIT INFORMATION COMPANIES (AMENDMENT) REGULATIONS, 2021
No. DOR. SIG. FIN. No. 52140/20.16.050/2021-22.—In exercise of the powers conferred by section 37 of the Credit Information Companies (Regulation) Act, 2005 (Act 30 of 2005), the Reserve Bank of India hereby makes the following regulations, to amend the Credit Information Companies Regulations, 2006.
- Short title and commencement
(1) These regulations may be called the Credit Information Companies (Amendment) Regulations, 2021.
(2) They shall come into force on the date of their publication in the official gazette. - Amendment of regulation 3
In the Credit Information Companies Regulations, 2006, in Regulation 3, immediately after Clause (i), the following shall be inserted as Clause (j), namely,
“(j) an entity engaged in the processing of information, for the support or benefit of credit institutions, and satisfying the criteria laid down by the Reserve Bank from time to time”.
Foot Note : The Credit Information Companies Regulations, 2006 were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide GSR 754(E), dated December 14, 2006 and subsequently amended vide Notification dated August 11, 2017, published in Gazette of India, Extraordinary, Part III, section 4.
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