The Reserve Bank of India Master Directions Compliance
The Reserve Bank of India (RBI) issues Master Directions to consolidate instructions on rules and regulations framed under various Acts, including banking issues and IT security challenges. These Master Directions cover a wide range of subjects and provide comprehensive guidelines related to information technology (IT) governance and controls for banks and NBFCs (Non-banking Financial Corporation)
The RBI has issued the final Reserve Bank of India (Information Technology Governance, Risk, Controls and Assurance Practices) Master Directions 2023 that has come into force from April 1, 2024.
In this compliance mapping paper, ARCON has highlighted how ARCON solutions help banks and NBFCs to complying with the Reserve Bank of India (RBI) Master Directions. Download this paper to know how ARCON | Privileged Access Management (PAM) solution along with other IT security and risk management solutions help banks and NBFCs in ensuring the Master Directions compliance.