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RBI DG proposes training institute for regulation-making - The Hindu BusinessLine

RBI DG proposes training institute for regulation-making - The Hindu BusinessLine
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Bank deputy governorm rajeshwar raoGovernance summitExcellence enablers

Robust regulatory framework needed to deal with open banking challenges: Experts

Sivarama Krishnan, Partner & Leader, Cybersecurity, PwC India, pitched for a three-level governance model to deal with the security issues concerning open banking, stressing that with open API (application programming interface) and disruptive innovations regulated entities will integrate even deeper with the external world.

Dhruv mattaSivarama krishnanPrakash shettyBanking financial companiesEmbassy of indiaBank deputy governorm rajeshwar raoPwc indiaClix capitalPrincipal associateSridharan attorneysPersonal data protection billNon banking financialAccount aggregatorTata consultancy servicesOpen bankingRobust regulatory framework

Customer privacy, data protection are non-negotiable: RBI deputy Governor M Rajeshwar Rao

Customer privacy, data protection are non-negotiable: RBI deputy Governor M Rajeshwar Rao Open banking refers to sharing and leveraging of customer-permissioned data by banks with third party developers and firms to build applications and services. Share Via Email | A+A A- By PTI MUMBAI: Reserve Bank Deputy Governor M Rajeshwar Rao has said that technological innovation in banking is of paramount importance but cannot be pursued at the cost of customer privacy and data protection which are non-negotiable. We must generate trust amongst the customers that their data is safe and secure in all their financial relationships with regulated entities and for that - innovation and regulation should go hand-in-hand, he said while speaking at a webinar on Open Banking organised by Tata Consultancy Services (TCS) in association with the Embassy of India in Brazil on April 14.

Banking financial companiesEmbassy of indiaBank deputy governorm rajeshwar raoBank innovation hubTata consultancy servicesOpen bankingApplication programming interfacesRegulatory sandboxReserve bank innovation hubNon banking financialAccount aggregatorM rajeshwar raoCustomer privacyData protectionBanking technologyவங்கி நிதி நிறுவனங்கள்

Customer privacy, data protection non-negotiable, says RBI Deputy Governor

Customer privacy, data protection non-negotiable, says RBI Deputy Governor
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Banking financial companiesEmbassy of indiaBank deputy governorm rajeshwar raoBank innovation hubTata consultancy servicesOpen bankingApplication programming interfacesRegulatory sandboxReserve bank innovation hubNon banking financialAccount aggregatorவங்கி நிதி நிறுவனங்கள்தூதரகம் ஆஃப் இந்தியாவங்கி கண்டுபிடிப்பு மையம்டாடா ஆலோசனை சேவைகள்திறந்த வங்கி