**Executive Summary**
This document is a notification from the Reserve Bank of India (RBI) regarding amendments to the Credit Information Companies Regulations, 2006. The notification introduces the Credit Information Companies (Amendment) Regulations, 2021. These regulations come into force from the date of their publication in the official gazette, dated November 29, 2021.
**Key Points / Main Content**
* **Short Title and Commencement:**
* These regulations are named the Credit Information Companies (Amendment) Regulations, 2021.
* They become effective on the date of their publication in the official gazette, November 29, 2021.
* **Amendment of Regulation 3:**
* In the Credit Information Companies Regulations, 2006, in Regulation 3, after Clause (i), Clause (j) is inserted.
* Clause (j) defines an entity engaged in information processing for the support or benefit of credit institutions, satisfying criteria set by the Reserve Bank of India from time to time.
**Impact Analysis**
**Credit Institutions**
* **Impact:** Credit institutions can now leverage entities engaged in the processing of information for their support or benefit, expanding their operational capabilities.
* **Action Required:** Credit institutions should be aware of the entities processing information for them and ensure that the entities satisfy the criteria laid down by the Reserve Bank from time to time.
**Entities Engaged in Information Processing**
* **Impact:** Creates a formal framework for entities engaged in processing information for credit institutions.
* **Action Required:** These entities must adhere to the criteria established by the Reserve Bank of India to operate within the regulatory framework.
**Reserve Bank of India (RBI)**
* **Impact:** The RBI has expanded its regulatory scope by including entities that process information for credit institutions.
* **Action Required:** The RBI needs to define and communicate the criteria that information processing entities must meet to comply with the regulations.
Key Entities Referenced
Credit Information Companies (Regulation) Act, 2005: The act that authorizes the Reserve Bank of India to regulate Credit Information Companies.
Reserve Bank of India: The regulator making amendments to Credit Information Companies Regulations.
Credit Information Companies Regulations, 2006: The regulations being amended to include entities processing information for the support of credit institutions.
Credit Information Companies (Amendment) Regulations, 2021: Regulations amending the 2006 regulations, defining the scope of regulated entities.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-30112021-231472
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CG-DL-E-30112021-231472
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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.