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Post-DPDP, info collected by banks needs to be revisited: RBI official
Business Standard
|January 10, 2026
There is a need to revisit the amount of information collected by banks in light of the implementation of India’s Digital Personal Data Protection (DPDP) Rules, 2025, a senior Reserve Bank of India (RBI) official said on Thursday.
“Banks are collecting a lot more information than actually what they need in some sense to do their activities. With the DPDP Act and rules in place, it is time to revisit what is actually required,” said Suvendu Pati, Chief General Manager, Fintech Department, RBI.
Dit verhaal komt uit de January 10, 2026-editie van Business Standard.
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