**Executive Summary**
This document is a notification from the Reserve Bank of India amending the Credit Information Companies Regulations of 2006. The amendment, titled "The Credit Information Companies (Amendment) Regulations, 2021," includes entities engaged in processing information for the benefit of credit institutions within the scope of the regulations. These regulations came into force on November 29, 2021, the date of their publication in the official gazette.
**Key Points / Main Content**
* **Title and Commencement:**
* The regulations are called "The Credit Information Companies (Amendment) Regulations, 2021."
* They are effective from the date of publication in the official gazette (November 29, 2021).
* **Amendment to Regulation 3:**
* A new clause (j) is added to Regulation 3 of the Credit Information Companies Regulations, 2006.
* The new clause includes "an entity engaged in the processing of information, for the support or benefit of credit institutions, and satisfying the criteria laid down by the Reserve Bank from time to time" under the ambit of the regulations.
**Impact Analysis**
**Stakeholder: Credit Information Companies**
**Impact**
The regulatory framework now includes entities that process information to support or benefit credit institutions, provided they meet the Reserve Bank's criteria. This may require adjustments to existing operational procedures to accommodate these entities.
**Action Required**
Ensure compliance with the amended regulations, including meeting the criteria set by the Reserve Bank of India for entities engaged in information processing.
**Stakeholder: Entities Engaged in Information Processing for Credit Institutions**
**Impact**
These entities are now subject to the Credit Information Companies Regulations, which may impose new compliance requirements.
**Action Required**
Familiarize themselves with the Credit Information Companies Regulations and ensure they meet the Reserve Bank of India's criteria to be compliant, and follow regulatory requirements.
**Stakeholder: Credit Institutions**
**Impact**
Credit institutions working with information processing entities can expect greater regulatory oversight and compliance from those entities.
**Action Required**
Update internal processes and agreements to ensure all affiliated information processing entities comply with the amended regulations.
Key Entities Referenced
Credit Information Companies (Regulation) Act, 2005: The primary law providing the legal basis for the regulations.
Credit Information Companies Regulations, 2006: The regulations being amended by this notification.
Reserve Bank of India: The regulator issuing the amendment.
Credit Information Companies (Amendment) Regulations, 2021: The title of the regulation being issued.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-30112021-231472
xxxGIDHxxx
CG-DL-E-30112021-231472
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग III—खण्ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 618] नई ददल्ली, सोमर्ार, नर्म्बर 29, 2021/अग्रहायण 8, 1943
No. 618] NEW DELHI, MONDAY, NOVEMBER 29, 2021/AGRAHAYANA 8, 1943
भारतीय ररज़र् वबकैं
अजधसचू ना
मुम् बई, 10 नर्म् बर, 2021
प्रत्यय जर्षयक िानकारी कंपनी (सिं ोधन) जर्जनयमार्ली, 2021
स.ं DOR. SIG. FIN. No. 52140/20.16.050/2021-22.—प्रत्यय जर्षयक िानकारी कंपनी (जर्जनयमन)
अजधजनयम, 2005 (2005 का अजधजनयम 30) की धारा 37 द्वारा प्रदत्त िजियों का प्रयोग करते हुए, भारतीय ररज़र्व बैंक
प्रत्यय जर्षयक िानकारी कंपनी जर्जनयमार्ली, 2006 म ें संिोधन करने के जलए जनम्नजलजखत जर्जनयम बनाता ह।ै
1. संजिप्त िीषवक और प्रारंभ (1) इन जर्जनयमों को प्रत्यय जर्षयक िानकारी कंपनी (संिोधन) जर्जनयमार्ली,
2021 कहा िा सकता ह।ै
(2) र्े रािपत्र म ें उनके प्रकािन की तारीख स ेलाग ू होंगे।
2. जर्जनयम 3 का संिोधन प्रत्यय जर्षयक िानकारी कंपनी जर्जनयमार्ली, 2006 म,ें जर्जनयम 3 म,ें
खंड (i) के तुरंत बाद, जनम्नजलजखत को खंड (िे) के रूप म ें िोडा िाएगा,
अर्ावत:् "(ि)े ऋण संस्ट्र्ानों के समर्वन या लाभ के जलए सूचना के प्रसस्ट्ं करण म ें
लगी एक इकाई, और समय-समय पर ररज़र्व बैंक द्वारा जनधावररत मानदडं ों को
पूरा करें”.
सौरभ जसन्हा, कायवपालक जनदिे क
[जर्ज्ञापन-III/4/असा./455/2021-22]
6892 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
फुटनोट : प्रत्यय जर्षयक िानकारी कंपनी जर्जनयमार्ली, 2006 ददनांक 14 ददसंबर 2006 के भारत के रािपत्र,
असाधारण, भाग II, खंड 3, उप-खंड (i), िीएसआर 754 (अ), के तहत प्रकाजित दकए गए र् े और बाद म ें
भारत के रािपत्र, असाधारण, भाग III, खंड 4 में प्रकाजित ददनांक 11 अगस्ट्त 2017 की अजधसूचना द्वारा
संिोजधत दकया गया।
RESERVE BANK OF INDIA
NOTIFICATION
Mumbai, the 10th November, 2021
THE CREDIT INFORMATION COMPANIES (AMENDMENT) REGULATIONS, 2021
No. DOR. SIG. FIN. No. 52140/20.16.050/2021-22.—In exercise of the powers conferred by section 37 of
the Credit Information Companies (Regulation) Act, 2005 (Act 30 of 2005), the Reserve Bank of India hereby makes
the following regulations, to amend the Credit Information Companies Regulations, 2006.
1. Short title and (1) These regulations may be called the Credit Information Companies
commencement (Amendment) Regulations, 2021.
(2) They shall come into force on the date of their publication in the official
gazette.
2. Amendment of In the Credit Information Companies Regulations, 2006, in Regulation 3,
regulation 3 immediately after Clause (i), the following shall be inserted as Clause (j),
namely,
"(j) an entity engaged in the processing of information, for the support or
benefit of credit institutions, and satisfying the criteria laid down by the
Reserve Bank from time to time”.
SAURAV SINHA, Executive Director
[ADVT.-III/4/Exty./455/2021-22]
Foot Note : The Credit Information Companies Regulations, 2006 were published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i), vide GSR 754(E), dated December 14, 2006 and
subsequently amended vide Notification dated August 11, 2017, published in Gazette of India,
Extraordinary, Part III, section 4.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.