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Telangana HC warns Centre against unregulated dissemination of personal data in credit reports
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Hyderabad: Telangana High Court has issued a `final warning’ to the Union Finance Ministry over the unregulated dissemination of personal data in credit reports.
The Legal Stand-off: A Timeline of SilenceThe PIL, originally filed in 2021 by Hyderabad resident Krupa Soni, challenged the current framework under which Credit Information Companies (CICs) operate.
Key Court Directives:Deadline Set: The Union Finance Ministry must file its counter-affidavit by March 17, 2026.
Accountability: The direction was specifically marked to the Principal Secretary of the Finance Ministry.
Privacy vs. Credit ReportingAt the heart of the petition is a challenge to the Credit Information Companies Amendment Regulations, 2021.