Indian banks must urgently embrace AI, privacy technologies to comply with DPDP Act: Report

New Delhi [India], June 9 (ANI): Indian banks must urgently adopt artificial intelligence (AI), privacy-enhancing technologies (PETs), and privacy-by-design strategies to effectively comply with the Digital Personal Data Protection Act (DPDPA), according to a report released by Protiviti.

The report, titled “Navigating DPDPA in Banking: Compliance, Impact, and AI-Powered Strategies for Futureproofing”, was unveiled at the 4th IBA CISO Summit 2025, hosted by the Indian Banks’ Association.