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Central database requirement enables designated authority to create an online registry of deposit takers and compel information sharing. Central government may designate an authority to create, maintain and operate an online central database of information on deposit takers in India, and that designated authority may require any Regulator or Competent Authority to share prescribed information to populate and update the database.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
<h1>Central database requirement enables designated authority to create an online registry of deposit takers and compel information sharing.</h1> Central government may designate an authority to create, maintain and operate an online central database of information on deposit takers in India, and that designated authority may require any Regulator or Competent Authority to share prescribed information to populate and update the database.
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