Data Empowerment Protection Architecture

DEPA is a joint public-private effort for an improved data governance approach.

  • DEPA creates a digital framework that allows users to share their data on their own terms through a third-party entity, who are known as Consent Mangers (In India, Account Aggregators).
  • DEPA went live in the financial sector in 2020 under the joint leadership of the Ministry of Finance, the Reserve Bank of India (RBI), Pension Fund Regulatory and Development Authority (PFRDA), Insurance Regulatory and Development Authority (IRDAI), and Securities and Exchange Board of India (SEBI).
  • DEPA is being seen as the next techno-legal solution that will empower ....
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