Section 27: Power of Reserve Bank to specify maximum amount of fees

Q: What does Section 27 of The Credit Information Companies (Regulation) Act, 2005 (CICRA) deal with?

Section 27 CICRA pertains to "Power of Reserve Bank to specify maximum amount of fees". It is part of the The Credit Information Companies (Regulation) Act, 2005, a legislation enacted by the Parliament of India. Section 27 of The Credit Information Companies (Regulation) Act, 2005 (CICRA) governs power of Reserve Bank to specify maximum amount of fees. As verified on 19 May 2026.

Q: Is Section 27 CICRA still in force?

Yes, Section 27 of the The Credit Information Companies (Regulation) Act, 2005 is currently in force across the Republic of India.

Q: What is धारा 27 CICRA?

धारा 27 CICRA is the Devanagari Hindi reference for Section 27 of the The Credit Information Companies (Regulation) Act, 2005. Section 27 of The Credit Information Companies (Regulation) Act, 2005 (CICRA) governs power of Reserve Bank to specify maximum amount of fees. As verified on 19 May 2026.

Q: What is Dhara 27 CICRA?

Dhara 27 CICRA is the Roman Hindi reference for Section 27 of the The Credit Information Companies (Regulation) Act, 2005. "Dhara" means "Section" in Hindi. Section 27 of The Credit Information Companies (Regulation) Act, 2005 (CICRA) governs power of Reserve Bank to specify maximum amount of fees. As verified on 19 May 2026.

Q: How to cite Section 27 of The Credit Information Companies (Regulation) Act, 2005?

Cite as: "Section 27, The Credit Information Companies (Regulation) Act, 2005 (CICRA)" in legal briefs. For academic writing, use the BlueBook format: The Credit Information Companies (Regulation) Act, 2005, 2005, § 27 (India).

Law on Tips Editorial Board

The Reserve Bank may, specify, by regulations the maximum amount of fees leviable under sub-section (3) of section 14 for providing information to the specified users and for admissions of credit institutions or credit information companies as a member of a credit information company.