Introduction The discourse on Artificial Intelligence (โAIโ) has moved decisively from the realm of capability to that of governance architecture. The White Paper released by the Office of the Principal Scientific Adviser, titled โStrengthening AI Governance Through Techno-Legal Frameworks,โ depicts India as an adopter of AI but as a country that is seeking to build…
The “Engine Room” of Indiaโs AI Impact Revolution is No Longer a Secret in ๐๐๐๐! I always emphasise that ๐ญ๐ก๐ข๐ง๐ค ๐จ๐ ๐ญ๐ก๐ ๐๐๐ญ๐ ๐๐ซ๐ข๐ฏ๐๐๐ฒ ๐ ๐ข๐ซ๐ฌ๐ญ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐ฌ ๐ญ๐ก๐ “๐๐ง๐ ๐ข๐ง๐ ๐ซ๐จ๐จ๐ฆ”. It can be further summarised as under: India is architecting a “Privacy-First” infrastructure by embedding Privacy by Design principles under the DPDPA, which mandates that…
INTRODUCTION The Digital Personal Data Protection (hereinafter referred to as โDPDPโ) Act, 2023, marks a transformative shift in how Indian banks manage personal data, particularly within the context of correspondent banking, where cross-border data flows are an operational necessity. Correspondent banking where banks facilitate financial services for other banks, often in different jurisdictions relies heavily…
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