This post was originally published on Finextra (Security)
Quick reference — short forms you’ll see in this note:
RBI = Reserve Bank of India
TRAI = Telecom Regulatory Authority of India
BRDCMS = Business Requirements & Design for Consent Management Systems (under India’s data governance workstreams)
DPDP = Digital Personal Data Protection (law/framework)
DPI = Digital Public Infrastructure
UPI = Unified Payments Interface
DBT = Direct Benefit Transfer
MSME = Micro, Small & Medium Enterprise
USSD = Unstructured Supplementary Service Data (phone-based flow)
IVR = Interactive Voice Response
API = Application Programming Interface
SDK = Software Development Kit
PII = Personally Identifiable Information
GDPR = EU General Data Protection Regulation
We are at a rare moment when law, technology and operational urgency converge. The Reserve Bank of India’s push for explicit, auditable consent in financial flows, TRAI’s telecom consent registry pilots, and the BRDCMS technical design proposals under India’s data governance architecture together create a real opportunity: to turn consent from a legal checkbox into a reliable, machine-actionable infrastructure that protects citizens, reduces fraud, and unlocks new services at scale.
This is not merely regulatory housekeeping. Consent sits at the intersection of
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