Bihar database

Bihar database.—

1. (1) The Govt. of Bihar may designate an Authority, whether existing or to be constituted, which shall create, maintain and operate an online database for information on lenders operating in Bihar and which shall have the facility for lenders to apply for registration, renewal etc. and issuance of certificate by registering authority and all the related matters.
2. (2) The authority designated under sub-section
3. (1) may require any Regulator or the Competent Authority to share such information on lenders, as may be prescribed.