The Credit Information Companies (Regulation) Act, 2005.

The Credit Information Companies (Regulation) Act, 2005 is an Act of the Indian Parliament that regulates credit information companies and the use of credit information in India. The Act was enacted to provide a legal framework for the establishment and operation of credit information companies, which collect and maintain credit information of individuals and companies. The Act also governs the use of credit information by banks, financial institutions, and other entities, and provides for the protection of consumer rights in relation to credit information. The Act established the Credit Information Bureau (India) Limited (CIBIL) as the first credit information company in India, and provides for the regulation and supervision of credit information companies by the Reserve Bank of India (RBI).