PREVIOUS
✖
Data Governance Framework - RBI
July 20 , 2026
18 hrs 0 min
28
0
- The Reserve Bank of India (RBI) issued the Guidance on Regulatory Expectations for Data Governance for banks and other Regulated Entities (REs).
- The framework aims to improve data quality, security, accountability and risk management, while ensuring compliance with the Digital Personal Data Protection (DPDP) Act, 2023.
- It requires every Regulated Entity (RE) to establish a Data Governance Framework (DGF) aligned with its overall risk management system.
- The guidance mandates board-level and executive-level data governance committees, along with clearly defined roles for Data Owners, Data Stewards and Data Custodians.
- It introduces a Single Source of Truth (SSOT) for critical data and requires strong controls such as encryption, audit trails and periodic audits.
Leave a Reply
Your Comment is awaiting moderation.