Credit Information Companies (Regulation) Act, 2005
Chapter VI:
Information Privacy Principles and Furnishing of Credit Information
19. Accuracy and
security of credit information.-
A credit information company or credit
institution or specified user, as the case may be, in possession or control of
credit information, shall take such steps (including security safeguards) as
may be prescribed, to ensure that the data relating to the credit information
maintained by them is accurate, complete, duly protected against any loss or
unauthorised access or use or unauthorised disclosure thereof.