Credit Information Companies (Regulation) Act, 2005

Section - 2 - Definitions

Definitions

2. In this Act, unless the context otherwise requires,-

(a)-"board" means the Board of directors of a credit information company;
(b)-"borrower" means any person who has been granted loan or any other credit facility by a credit institution and includes a client of a credit institution;
(c)-"client" includes-
(i)-a guarantor or a person who proposes to give guarantee or security for a borrower of a credit institution; or
(ii)-Google Play store