An Initiative of “SuryaShakthi Foundation” an NGO
An NGO registered as a Non-Profit Organisation under Section 8 of the Companies Act, 2013
One Man vs 13 Powerful Respondents
(Backed by 7 Years of Ground breaking Research)
This Is Not Just a Fight—It’s a Constitutional Battle for 1.2 Billion Citizens
India’s banking and financial ecosystem—comprising the Reserve Bank of India (RBI), banks, credit bureaus, NBFCs, and unregulated fintech players—has become a juggernaut of unchecked power and zero accountability. These institutions flout Supreme Court rulings, disregard borrower rights, and violate the law with impunity. Even ministries like Finance, Home Affairs, and Electronics & IT appear powerless against their non-compliance.
This is not merely a complaint. This is a war for justice.
A Lone Crusader Takes on the System
Mr. N. Surya Prakash, a social entrepreneur, business credit expert, and citizen crusader, has filed a Public Interest Litigation (PIL) in the Supreme Court of India.
This PIL is not just a legal proceeding—it is the first-of-its-kind movement in India’s judicial history that challenges the entire financial ecosystem.
With no high-profile legal team or senior counsel, Mr. Surya Prakash is fighting this battle alone as a “Party in Person”, arguing his own case before the Supreme Court—because he cannot afford the exorbitant fees charged by senior advocates.
One man versus 27 of the country’s top lawyers
Representing 13 powerful entities—including elite law firms, public and private sector banks, regulators, and multinational credit bureaus.
Yet, his resolve is unshaken. Alone, he stands—undaunted, unwavering, unstoppable.
Who Is Surya Prakash?
- Not a lawyer, but an ordinary citizen with extraordinary determination.
- Spent 7+ years in intensive research on India’s banking and credit systems.
- Invested personal time, money, and resources—sacrificing his family life for the cause.
- Self-taught in banking laws, CICR Act, privacy legislation, and constitutional rights.
- Fighting to reform a system that has failed millions.
“This fight is not for compensation. It is for correction. It is for change.
This battle belongs to every borrower who was crushed, humiliated, and left unheard.”
The Core Issue: A Systemic Crisis of Constitutional Proportions
This PIL challenges the very foundation of India’s current financial practices—highlighting 13 critical violations:
PIL HIGHLIGHTS: A Constitutional Crisis in the Making
Systemic Violation of Right to Privacy & Dignity
Banks, credit bureaus, and financial institutions are systematically violating Article 21 of the Constitution. Citizens’ financial and personal data is harvested, surveilled, shared, and weaponized—stripping them of dignity and autonomy.
Unregulated Control by Four Multinational Credit Bureaus
TransUnion CIBIL, Experian, Equifax, and CRIF High Mark operate like unregulated courts, issuing digital life sentences through arbitrary credit scores—paralyzing individuals without any recourse or accountability.a
Gross Violations of the CICR Act, 2005
All 13 privacy principles under the CICR Act are routinely violated. Credit data is misused, transparency is absent, and no proper mechanisms exist for dispute resolution or correction.
Mass Surveillance & Privacy Invasion
The ecosystem engages in unlawful surveillance, monitoring every financial move—turning India into a surveillance state, where every citizen is digitally profiled and monetized.
Rampant Data Theft & Sale of Personal Information
An underground market thrives where sensitive personal data is traded, leaked, and sold. The banking system has become a conduit for identity theft and harassment.
Institutionalized Financial Discrimination
Creditworthiness is determined not just by data, but by economic status, caste, and past struggles—disqualifying millions from accessing financial services.
Digital Apartheid Based on Credit Scores
A dangerous new form of exclusion is emerging—where credit scores dictate access to loans, housing, jobs, and even SIM cards. A data-driven caste system is taking root.
Breach of Confidentiality by Banks
Citizens entrust banks with sensitive data. But confidentiality is regularly breached, with customer information leaked, sold, or shared without consent.
Discrimination Against Marginalized & Weaker Section
Low-income groups, small entrepreneurs, and marginalized communities are being systematically sidelined, with little or no access to formal credit.
Vilification of Failed Entrepreneurs
Failed entrepreneurs are branded as financial untouchables. Credit bureaus block any second chance—destroying innovation, recovery, and India’s entrepreneurial spirit.
Credit Bureaus Expanding Into Telecom, Insurance & Employment
The unchecked expansion of credit bureaus now threatens access to SIM cards, jobs, insurance, and education—based solely on financial history.
This is the beginning of digital tyranny, where financial data dictates every aspect of life.
Weaponization of Technology Against Citizens
Artificial Intelligence and Big Data are being used not to empower, but to punish, profile, and exclude citizens from the financial ecosystem.
RBI’s Harsh Policies Fueling a Parallel Black Economy
Overregulation, coupled with credit blacklisting, is pushing genuine borrowers into the underground economy, creating a financial system outside the RBI’s own oversight.
What This Fight Is Really About
This PIL exposes how:
- Credit bureaus act as unregulated gatekeepers of opportunity.
- Banks flout rules, violate privacy, and breach trust.
- The RBI has failed as a regulator.
- Constitutional rights are routinely violated.
- The entire ecosystem is geared toward exclusion, not inclusion.
This is a fight for India’s economic soul.
What We Demand
Accountability
Enforce laws and punish violators.
Justice
End financial untouchability.
Privacy
Restore dignity and data protection.
Reform
Overhaul the predatory system.
Second Chances
Give entrepreneurs and borrowers a path to redemption.
The 13 Respondents Named in the PIL
- Ministry of Finance, Govt. of India
- Ministry of Home Affairs, Govt. of India
- Ministry of Electronics & Information Technology (MEITY)
- Reserve Bank of India (RBI)
- TransUnion CIBIL
- Equifax
- Experian
- CRIF High Mark
- Public Sector Banks
- Private Sector Banks
- Unregulated Fintech Companies
- Credit Rating Agencies
- Technology Firms Involved in Data Profiling
A Legal Case That Could Change India Forever
This PIL is not just a petition—it is a historic call for reform.
If we lose, 1.2 billion citizens will remain at the mercy of digital scoring systems that decide their fate.
If we win, we reclaim our dignity, privacy, and financial independence.
It’s time to take back control—before it’s too late.
Why This PIL Is a Landmark Battle?
Mr. N. Surya Prakash’s PIL is not just a legal challenge—it’s a revolution. It exposes how:
- Banks & credit bureaus operate above the law.
- The RBI has failed as a regulator.
- 1.2 billion Indians are at risk of financial slavery
- Standing alone against powerful banks, institutions, and their armies of top lawyers.
This fight is for every borrower who was wronged, every entrepreneur who was crushed, and every citizen who was denied justice.
What is this Fight all About?
This is a historic constitutional battle against India’s unaccountable banking and financial system, which has:
Weaponised Credit Data
Four private multinational credit bureaus (CIBIL, Experian, Equifax, CRIF) act as unauthorized judges, branding citizens as “financial untouchables” based on flawed algorithms, denying loans, jobs, and opportunities—effectively sentencing them to lifelong financial exile.
Violated Fundamental Rights
The Right to Privacy (Article 21)and Right to Dignity are crushed daily through mass surveillance, data theft, and digital discrimination.
Defied the Law with Impunity
The CICR Act 2005(meant to protect borrowers) is completely violated—banks and credit bureaus operate as rogue entities, ignoring Supreme Court rulings and RBI guidelines.
Created a Financial Caste System
Failed entrepreneurs, marginalized communities, and honest borrowers are blacklisted, vilified, and denied second chances, pushing them into debt traps and underground economies.
Weaponised Credit Data
Four private multinational credit bureaus (CIBIL, Experian, Equifax, CRIF) act as unauthorized judges, branding citizens as “financial untouchables” based on flawed algorithms, denying loans, jobs, and opportunities—effectively sentencing them to lifelong financial exile.
Expanded Dangerously Into Other Sectors
Credit bureaus are now entering telecom, insurance, and employment, threatening to deny SIM cards, jobs, and healthcare based on credit scores—a dystopian future where financial history dictates every aspect of life.
What Are We Fighting For?
- Accountability – Force banks, credit bureaus, and regulators (RBI, Finance Ministry) to obey the law.
- Justice – End financial untouchability and ensure fair credit access for all.
- Privacy – Stop mass surveillance, data theft, and digital apartheid.
- Reform – Replace the current exploitative system with one that protects borrowers, not predators.
- A Second Chance – Ensure failed entrepreneurs and honest borrowers are not permanently blacklisted but given opportunities to recover.
This Is Not Just a Legal Case—It’s a Fight for India’s Economic Soul.
If we lose, 1.2 billion citizens will remain at the mercy of unregulated financial giants who dictate & decide who gets a loan, a job, or even a SIM card.
We are fighting to take back control—before it’s too late.
How You Can Support This Legal Battle?:
Share Your Story
Let your voice be heard in court & policy forums
Contribute to the Legal
Every rupee goes toward justice
Join the Campaign
Stand up for your rights and those of others
“Justice for Credit Borrowers is an initiative of
Surya Shakthi Foundation”
to know more, visit www.suryashakthi.org.
About Us
Justice for Credit Borrowers is a powerful citizens’ initiative launched by the Surya Shakthi Foundation, a NGO registered as a Non-Profit organization under the Section 8 of the Companies Act 2013 and committed to social justice, financial inclusion, and human dignity.
About Suryashakthi
To learn more about our legal standing, governance, and broader activities, please visit our official NGO website: www.suryashakthi.org
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