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DPDP Act: Banking access may be at risk if you seek to delete credit data

If bank customers request deletion of loan data from the database of a credit information company (CIC), exercising a right under the Digital Personal Data Protection (DPDP) Act, they may no longer be able to continue with the banking system in the future, an IT ministry official told ET.The DPDP Act, 2023, was notified in August last year but the rules under the Act that provide guidance for its implementation are yet to be notified.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM