(d)  Examining pricing related aspects of Credit Information Reports and providing on an annual basis a base level consumer CIR free of cost to each customer of a credit institution by each CIC. (e)  Evolving a suitable mechanism for providing a fast and cheap redressal of customer grievances vis-a-vis CICs, including expanding the scope of the Banking Ombudsman Scheme.
(f)  NBFCs, UCBs, RRBs, SFCs, HFCs may also report data on wilful default to all the CICs. Benefits of access to credit information 6. Global Financial Development Report 1 inter alia states, “ensuring equitable and transparent access to credit information allows customers to use their credit histories as reputational collateral, strengthens credit market competition, and enhances access to finance”.