Credit Information Companies (Regulation) Act, 2005

SCHEDULE

(See section 34)

AMENDMENTS TO CERTAIN ENACTMENTS

PART I

RESERVE BANK OF INDIA ACT, 1934 (2 of 1934)

Section 45E, sub-section (2), after clause (c), insert-

"(d)

-

the disclosures of any credit information under the Credit Information Companies (Regulation) Act, 2005.".

PART II

BANKING REGULATION ACT, 1949 (10 of 1949)

1. Section 19, after sub-section (3), insert-

"(4)

-

Save as provided in clause (c) of sub-section (1), a banking company may form a subsidiary company to carry on the business of credit information in accordance with the Credit Information Companies (Regulation) Act, 2005."

2. Section 28, for "publish any information obtained by them under this Act in such consolidated form as they think fit", substitute-

"publish-

(a)

-

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