In case, a CIC or the lender discover of their own or are informed about any inaccuracy, error or discrepancy in respect of the data, the CIC or the lender has to take immediate steps to correct the error as provided under the Act.
Further, in case of any dispute raised by the borrower on the content of information in his credit report or on any matter pending before a  6  BIS central bankers’ speeches  court of law which is likely to take further time, the CIC, before furnishing data to anyone, would need to include an appropriate remark to reflect the nature of the inaccuracy.