Credit Information Companies (Regulation) Act, 2005
Section - 20 - Privacy principles
Privacy principles
20. Every credit information company, credit institution and specified user, shall adopt the following privacy principles in relation to collection, processing, collating, recording, preservation, secrecy, sharing and usage of credit information, namely:-
| (a) | - | the principles- |
| (i) | - | which may be followed by every credit institution for collection of information from its borrowers and clients and by every credit information company, for collection of information from its member credit institutions or credit information companies, for processing, recording, protecting the data relating to credit information furnished by, or obtained from, their member credit institutions or credit information companies, as the case may be, and sharing of such data with specified users; |
| (ii) | - | which may be adopted by every specified user for processing, recording, .... To read the full section download the app from Google Play store
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