AGP Executive Report
Last update: 4 hours agoRBI Data Governance: India’s central bank has issued draft guidance pushing banks and other regulated entities to set up dedicated data governance functions and appoint Data Owners, Data Stewards and Data Custodians to improve data quality, security and accountability. RBI Enforcement: RBI cancelled registrations of 192 NBFCs for regulatory non-compliance, while 18 others surrendered their certificates. Consumer & Digital Rules: Kerala High Court said Aadhaar details should not be prima facie mandatory for DigiYatra registration if other identity proofs exist. Consumer Protection: India’s CCPA fined SpiceJet ₹1 lakh over “pre-ticked” loyalty and marketing enrolment checkboxes using dark patterns. Banking Operations & Access: Santander will close its Whitehaven, UK branch Aug 27 and shift customers to a Cash Access UK banking hub. Payments & Tech Deals: BGFI Bank Group renewed its partnership with SBS for a group-wide rollout of the SBS Digital Banking Suite across Africa and Europe; Finovifi picked Primax for debit card processing support. Market Watch: Wall Street’s biggest banks sounded upbeat on U.S. consumer resilience as loan balances rise and credit quality stays stable. Sanctions Compliance: Iraq ordered banks to enforce new U.S. sanctions tied to ISIS/Hezbollah-linked networks.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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