CICs have also been advised to disseminate the information pertaining to suit filed accounts and Wilful Defaulters on their respective websites.
After examining the recommendations of the Committee to Recommend Data Format for Furnishing of Credit Information to Credit Information Companies (Chairman: Shri Aditya Puri), banks / Financial Institutions have been advised to furnish the data in respect of wilful defaulters (nonsuit filed accounts) of ₹ 25 lakhs and above to CICs on a monthly or a more frequent basis with effect from December 31, 2014.