RBI pushes banks, NBFCs to own data risks across third parties
Published on: July 16, 2026, 1:05 a.m. | Source: The Economic Times
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.
