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Stock impact report

Axis Bank partners with Privy to pioneer trust and data privacy through the Digital Personal Data Protection Act 2023 [Yahoo! Finance]

Axis Capital Holdings Limited (AXS) 
Last axis capital holdings limited earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: axiscapital.com
Company Research Source: Yahoo! Finance
Tue, February 18, 2025 at 10:56 AM GMT+1 3 min read MUMBAI, India Feb. 18, 2025 /PRNewswire/ -- Axis Bank, one of the largest private sector banks in India , has partnered with Privy by IDfy to become the first bank in India to implement compliance for the Digital Personal Data Protection Act (DPDP Act) 2023. This collaboration highlights the Bank's dedication to customer centricity, ethics, and transparency, ensuring that customer privacy remains a top priority. Privy by IDfy Logo The DPDP Act 2023 establishes new standards for data protection and accountability. The Act brings out several new legal requirements such as providing privacy notices in 22 languages, collecting and maintaining consent artifacts, obtaining verifiable parental consent for minors, communicating on privacy breaches, and administering consent nominations. In addition to the above, the partnership with Privy will enable Axis Bank, a Data Fiduciary under the Act, to provide comprehensive regulatory re Show less Read more
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