Economic Affairs Secretary Ajay Seth on Tuesday said a Bill to set up a National Financial Information Registry to help bridge a critical gap in credit rating mechanism is almost complete. The objective is to build a public infrastructure for credit-related information, and the right information can be made available by the National Financial Information Registry (NFIR) to lending agencies. A National Financial Information Registry will serve as the central repository of financial and ancillary information. This will facilitate the efficient flow of credit, promote financial inclusion, and foster financial stability. Speaking at the CII Financing 3.0 Summit here, Seth said more work needs to be done in terms of credit ratings and developing the secondary market. "The Bill for National Financial Information Registry is almost complete after extensive consultations. We expect that early set up of registry, post-enactment (it) will help in bridging a critical gap in credit rating mechanism," Seth said.