In the last one month, RBI has come up with the AI Guidelines and Data Governance Guidelines . In addition, Banks are trying to be compliant with DPDPA Act and the Rules.
All the three together are providing a huge challenge to Bankers for Compliance.
In the meantime the Bank of Baroda data breach has ignited a state of urgency in the Banking sector on how to go about the three way compliance.
Even before the compliance Banks need to conduct and awareness program on all these three compliance requirements so that the necessary action plan can be developed.
FDPPI recognizing this urgent need has developed
a) Framework for DPDPA Compliance in Banks namely DGPSI-Banks
b) Artificial Intelligence Governance Standard of India (AIGSI) which is a supplement to DGPSI Banks
c) Data Governance framework as a supplement to DGPSI-Banks
d) DGPSI Banks itself is also addressed as DGPSI-Bank Branch to address the special need of Banks with large number of Branches
Incorporating all these, FDPPI is developing two training programs namely
a) Certified DPDPA Champion -Bank Branch or CDC-Bank Branch (2 days)
b) Data Governance and Protection in Banks (2 days)
Interested Banks may contact FDPPI/Naavi
Naavi
