New Delhi, April 12 -- The Indian financial sector is highly digitized, with established consent-based data sharing and governance structures in place, experts said on Saturday and noted that rules concerning the Digital Personal Data Protection Act provide a framework towards a more accountable digital ecosystem while also presenting some challenges.

Speaking at the 9th Carnegie Global Tech Summit on Saturday during the session 'India's approach to data governance', they said that consent managers could help manage personal information and age-gating mechanisms are geared towards restricting children's access to harmful content.

Saranya Gopinath, director, government affairs and policy, Razorpay, said it is a matter of great comfort fo...