law: Credit Information Companies (Regulation) Act, 2005 
  21. Alteration of
  
  credit information files and credit reports.- 
  1.     
  
    Any
  
  person, who applies for grant or sanction of credit facility, from any credit
  
  institution, may request to such institution to furnish him a copy of the
  
  credit information obtained by such institution from the credit information
  
  company.
  2.     
  
    Every
  
  credit institution shall, on receipt of request under sub-section (1), furnish
  
  to the person referred to in that sub-section a copy of the credit information
  
  subject to payment of such charges, as may be specified by regulations, by the
  
  Reserve Bank in this regard.
  3.     
  
    If
  
  a credit information company or specified user or credit institution in
  
  possession or control of the credit information, has not updated the
  
  information maintained by it, a borrower or client may request all or any of
  
  them to update the information; whether by making an appropriate correction, or
  
  addition or otherwise, and on such request the credit information company or
  
  the specified user or the credit institution, as the case may be, shall take
  
  appropriate steps to update the credit information within thirty days after
  
  being requested to do so:
  Provided that the credit information company
  
  and the specified user shall make the correction, deletion or addition in the
  
  credit information only after such correction, deletion or addition has been
  
  certified as correct by the concerned credit institution:
  Provided further that no such correction,
  
  deletion or addition shall be made in the credit information if any dispute
  
  relating to such correction, deletion or addition is pending before any
  
  arbitrator or tribunal or court and in cases where such dispute is pending, the
  
  entries in the books of the concerned credit institution shall be taken into
  
  account for the purpose of credit information.