**Summary:**
RBI Circular RBI/2022-23/154 (DoR.FIN.REC.9020/16.056/2022-23) dated December 13, 2022, addresses the data format for furnishing credit information to Credit Information Companies (CICs) and other related regulatory measures. This circular, applicable to all Commercial Banks (including Small Finance Banks, Local Area Banks, and Regional Rural Banks), all Primary Urban Cooperative Banks, State Cooperative Banks, District Central Cooperative Banks, All-India Financial Institutions (Exim Bank, NABARD, NHB, SIDBI, and NaBFID), all Non-Banking Financial Companies (including Housing Finance Companies), and all Credit Information Companies, clarifies the reporting requirements outlined in circular DBOD.No.CID.BC.127/20.16.056/2013-14 dated June 27, 2014. Specifically, it mandates that cases admitted with the National Company Law Tribunal (NCLT) / National Company Law Appellate Tribunal (NCLAT) under the Insolvency and Bankruptcy Code, 2016, must be reported as suit-filed cases to the CICs. Credit Institutions (CIs) are required to implement this circular by February 28, 2023. For further information, contact J.P. Sharma, Chief General Manager, Department of Regulation, Central Office, 2nd Floor, Main Building, Shaheed Bhagat Singh Road, Fort, Mumbai – 400 001. Tel No: 91-22-22709038; Email: cgmicdor@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, which issued the circular.
Credit Information Companies: Companies to which credit information must be furnished.
Insolvency and Bankruptcy Code, 2016: An Indian law relating to insolvency resolution of corporate persons, partnership firms and individuals.
National Company Law Tribunal: An Indian quasi-judicial body that adjudicates issues relating to Indian companies.
National Company Law Appellate Tribunal: An Indian body that hears appeals against orders of the National Company Law Tribunal(s).
Small Finance Banks: A type of bank in India that carries out basic banking activities.
Mumbai, Maharashtra: City in India, location of the Central Office of the Reserve Bank of India.
NABARD: National Bank for Agriculture and Rural Development, an All India Financial Institution
भारतीय �रज़वर् बक�
RESERVE BANK OF INDIA
RBI/2022-23/154
DoR.FIN.REC.90/20.16.056/2022-23 December 13, 2022
All Commercial Banks (including Small Finance Banks, Local Area Banks and
Regional Rural Banks)
All Primary (Urban) Co-operative Banks/State Co-operative Banks/District Central
Co-operative Banks
All-India Financial Institutions (Exim Bank, NABARD, NHB, SIDBI and NaBFID)
All Non-Banking Financial Companies (including Housing Finance Companies)
All Credit Information Companies
Madam/Dear Sir,
Data Format for Furnishing of Credit Information to Credit Information Companies and
other Regulatory Measures
Please refer to the circular DBOD.No.CID.BC.127/20.16.056/2013-14 dated June 27, 2014,
inter alia setting out a Uniform Credit Reporting Format for reporting credit information to the
Credit Information Companies (CICs).
2. It is clarified that cases admitted with National Company Law Tribunal (NCLT)/National
Company Law Appellate Tribunal (NCLAT) under the Insolvency and Bankruptcy Code, 2016
are also required to be reported under the suit-filed cases in reporting to the CICs.
3. Credit Institutions (CIs) shall ensure implementation of this circular latest by February 28,
2023.
Yours faithfully
(J.P. Sharma)
Chief General Manager
िविनयमन िवभाग, क�द्रीय काया�लय ,ि�तीय तल ,मु� भवन, शहीद भगत िसंह रोड ,फोट�, मुंबई-400001
Department of Regulation, Central Office, 2nd Floor, Main Building, Shaheed Bhagat Road, Fort, Mumbai-400 001
Tel No: +91-22-22709038; Email: cgmicdor@rbi.org.in
िह�ी आसान ह,ै इसका प्रयोग बढाइए।