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The Economic Times

Economy / The Economic Times

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RBI pushes banks, NBFCs to own data risks across third parties

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 over the growing use of external service providers, technology vendors and group entities by banks and other regulated financial institutions.

16 Jul 2026 1:05 am