In this snippet from our Cocktails & Compliance – Financial Services Edition in Mumbai, Mathew Chacko, Partner, breaks down the Digital Personal Data Protection Act, 2023 (DPDPA) and what it means for banks and financial institutions. He outlines a practical compliance roadmap for payment organisations navigating India’s new data protection regime, including:
- Data governance frameworks
- Consent management requirements
- Operational readiness
- Key compliance strategies for the banking and payments sector
