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Telangana HC warns Centre over credit report data privacy
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The Siasat Daily
Hyderabad: The Telangana High Court has given a final warning to the Union Finance Ministry on the sharing of personal data through credit reports.
Background of the caseIn 2021, a resident of Hyderabad, Krupa Soni, has filed the PIL against the existing regulatory framework for Credit Information Companies (CICs).
Deadline for responseThe court has asked the Union Finance Ministry to file its counter-affidavit by March 17, 2026.
These include TransUnion CIBIL Limited, Equifax Credit Information Service, Experian Credit Information Company, and CRIF High Mark Credit Information Service.
Another major request is the creation of a strong and independent mechanism to verify and correct disputed data submitted by lending institutions.