80% Of Top Banks Don’t Inform Users About Collection Of PAN, Aadhar Data In Privacy Policy

By

privy

March 26, 2024

Eight out of ten banks do not inform users about their personally identifiable information (PII) like account number, PAN and Aadhaar number being collected in their privacy policy, highlighted a report on Digital Personal Data Protection (DPDPA) Compliance and Indian Banks by IDfy.

In the same category:

None of the Top 10 banks are collecting DPDP-compliant consent

Banks not collecting data protection Act-compliant consent

IDfy Report Reveals Alarming Data Privacy Gaps in Top Indian Banks

80% Of Top Banks Don’t Inform Users About Collection Of PAN, Aadhar Data In Privacy Policy

Many banks not collecting DPDP-compliant consent from customers

When the third-party cookie crumbles: A new privacy-centric internet emerges