RBI Urges Banks, NBFCs to Take Ownership of Third-Party Data Risks

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Regulation

16 July 2026 at 7:25 am

RBI Urges Banks, NBFCs to Take Ownership of Third-Party Data Risks

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Summary

The RBI has issued draft proposals on 'Guidance on Regulatory Expectations for Data Governance,' seeking public comments by August 17 to enhance controls over data risks from third-party service providers for banks and NBFCs.

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