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draftRBIWednesday, 15 July 2026

RBI issues draft ‘Guidance on Regulatory Expectations for Data Governance’

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Citations are auto-generated; verify before publishing. The draft classification is PolicyDhara's, not the source's.

Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.

Summary

Reserve Bank of India has today released the draft ‘Guidance on Regulatory Expectations for Data Governance’ for public comments. The draft Guidance is applicable to following regulated entities: Commercial Banks Small Finance Banks Payments Banks Local Area Banks Regional Rural Banks Urban Co-operative Banks Rural Co-operative Banks All India Financial Institutions Non-Banking Financial Companies Asset Reconstruction Companies Credit Information Companies 2. Comments on the draft Gu

Key Facts

TypeDraft
SourceReserve Bank of India
PublishedWednesday, 15 July 2026
Affected Population1.4 billion citizens, 63 million MSMEs

Key Numbers

GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Rs 15,000 crore for Digital India initiatives

Key Authorities

Ministry of FinanceRBISEBIDEAMinistry of Electronics & IT

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsInternet UsersTech CompaniesStartups

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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