All stories by Subrata Panda, Aathira Varier
Draft DPDP rules: Task cut out for banks as operational challenges loom
Rediff.com9 Jan 2025The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.
'We want to grow better than industry, mindful of biz quality'
Rediff.com3 Jan 2025'Health and motor insurance will continue to be our two most important segments'
'Will Keep Working To Grow Value Of New Businesses'
Rediff.com26 Oct 2024'Margins will be an outcome of that. They will likely remain somewhat range-bound.'