AMENDMENTS TO CERTAIN ENACTMENTS
PART I
THE RESERVE BANK OF INDIA ACT, 1934
(2 OF 1934)
Section 45E, sub-section (2), after clause (c), insert—
“(d) the disclosures of any credit information under the Credit Information Companies
(Regulation) Act, 2005.”.
PART II
THE BANKING REGULATION ACT, 1949
(10 OF 1949)
1. Section 19, after sub-section (3), insert—
“(4) Save as provided in clause (c) of sub-section (1), a banking company may form a subsidiary
company to carry on the business of credit information in accordance with the Credit Information
Companies (Regulation) Act, 2005.”.
2. Section 28, for “publish any information obtained by them under this Act in such consolidated
form as they think fit”, substitute—
“publish—
(a) any information obtained by them under this Act in such consolidated form as they think
fit;
(b) in such manner as they may consider proper, any credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
PART III
THE STATE FINANCIAL CORPORATION ACT, 1951
(63 OF 1951)
Section 40, after sub-section (3), insert—
“(4) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
PART IV
THE STATE BANK OF INDIA ACT, 1955
(23 OF 1955)
Section 44, after sub-section (2), insert—
“(3) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
19
PART V
THE STATE BANK OF INDIA (SUBSIDIARY BANKS) ACT, 1959
(38 OF 1959)
Section 52, after sub-section (2), insert—
“(3) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
PART VI
THE DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION ACT, 1961
(47 OF 1961)
Section 39, after sub-section (2), insert—
“(3) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
PART VII
THE STATE AGRICULTURAL CREDIT CORPORATIONS ACT, 1968
(60 OF 1968)
Section 40, insert—
“Provided that nothing contained in this section shall apply to the credit information disclosed
under the Credit Information Companies (Regulation) Act, 2005.”.
PART VIII
THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970
(5 OF 1970)
Section 13, after sub-section (3), insert—
“(4) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
PART IX
THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1980
(40 OF 1980)
Section 13, after sub-section (3), insert—
“(4) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
PART X
THE EXPORT-IMPORT BANK OF INDIA ACT, 1981
(28 OF 1981)
Section 30, after sub-section (3), insert—
“(4) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
20
PART XI
THE NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT ACT, 1981
(61 OF 1981)
Section 51, after sub-section (2), insert—
“(3) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
PART XII
THE PUBLIC FINANCIAL INSTITUTIONS (OBLIGATION AS TO FIDELITY AND SECRECY) ACT, 1983
(48 OF 1983)
Section 3, after sub-section (2), insert—
“(3) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.
PART XIII
THE NATIONAL HOUSING BANK ACT, 1987
(53 OF 1987)
Section 44, after sub-section (2), insert—
“(3) Nothing contained in this section shall apply to the credit information disclosed under the Credit
Information Companies (Regulation) Act, 2005.”.
PART XIV
THE REGIONAL RURAL BANKS ACT, 1976
(21 OF 1976)
Section 25, after sub-section (2), insert—
“(3) Nothing contained in this section shall apply to the credit information disclosed under the
Credit Information Companies (Regulation) Act, 2005.”.