Proposed RBI policy also addresses a known gap: When customer withdraws consent and asks for erasure, lender must locate every copy. Draft comes 10 months ahead of DPDP Rules deadline.

The RBI has sought comments from the public by August 17 on its draft proposals titled 'Guidance on Regulatory Expectations for Data Governance.' These seek to strengthen controls…

Proposed RBI policy also addresses a known gap: When customer withdraws consent and asks for erasure, lender must locate every copy. Draft comes 10 months ahead of DPDP Rules…