Naavi.org had been one of the first to flag the “Data Laundering” of sensitive personal information that happened through CIBIL transferring its share holding from Indian Banks to Trans Union.
I draw attention to the article “CBI Enquiry is required for finding the truth behind TransUnion taking over CIBIL” . I urge all of you to read this article once again along with the linked earlier articles.
In December 2024, Mr Karti Chidambaram raised the issue of CIBIL scores in the Parliament.
In May 2024, a PIL had been filed in the case of Surya Prakash V Union of India and Others for which the Supreme Court appointed an amicus curie Advocate K Parameshwar
(Refer: W.P.(C) No. 000310 – / 2024 Registered on 07-05-2024: Diary no: 23982/2023; SCIN010239822023)
The petitioner alleges that the Credit Information Companies in collusion with RBI had violated the Data Localisation principle.
It appears that the case is now due for further hearing on 17th February 2025 after the report of the amicus curie and we need to see how the Supreme Court reacts to this sensitive case.
With the current environment of DPDPA 2023, the decision of the Court will assume further significance.
Naavi
P.S: Next hearing on 25th March 2025
