For banking and BFSI in 2026, DPDP Act compliance means managing high volumes of sensitive KYC and financial data alongside RBI expectations — capturing consent for every banking purpose, maintaining RoPA across core systems, running TPRM over fintech and processor chains, and validating with audit and certification.
Sensitive data, multiple regulators
Banks and BFSI firms handle KYC, account, transaction and biometric data under both DPDP and sector regulators like RBI, SEBI and IRDAI. A unified programme avoids duplicated effort.
Priorities for BFSI
Consent and notice for each purpose, accurate RoPA across core banking and lending systems, and rigorous TPRM over the fintech and aggregator ecosystem are the highest-value moves.
Certify to build trust
DPDP certification signals diligence to regulators, partners and customers in a sector where trust is everything.
FAQ
BFSI firms must satisfy both the DPDP Act and sector regulators such as RBI. A unified privacy programme maps controls to both to avoid duplication and gaps.