https://www.taxtmi.com/news?id=11585 The Credit Information Companies (Regulation) Act, 2005 requires credit information companies to follow prescribed procedures for alteration, correction and updation of borrower data on request, and provides statutory backing for collection of information from members and furnishing to specified users; disclosure is limited to specified users and privacy principles govern collection, preservation, secrecy, sharing and usage, rendering a separate borrower consent clause redundant. en-us Fri, 23 Aug 2013 16:16:19 +0530 Fri, 23 Aug 2013 16:16:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11585 The Credit Information Companies (Regulation) Act, 2005 requires credit information companies to follow prescribed procedures for alteration, correction and updation of borrower data on request, and provides statutory backing for collection of information from members and furnishing to specified users; disclosure is limited to specified users and privacy principles govern collection, preservation, secrecy, sharing and usage, rendering a separate borrower consent clause redundant. News - Fri, 23 Aug 2013 16:16:19 +0530 https://www.taxtmi.com/news?id=11585