On 22 March, the Reserve Bank of India (RBI) released the Report of the Aditya Puri led Committee to recommend Data Formats for Furnishing of Credit Information to Credit Information Companies. This report is open for public comments till 30 April.
The recommendations listed in the report will have far reaching implications for consumers (data subjects), financial services and credit bureaus.
Satish Mehta, Founder and Director of Credexpert, has provided his comments for the benefit of BIIA members. To access the document click on this link: Comments on Aditya Puri Committee Report