(with inputs from Nikhil Pahwa) The RBI announced on Thursday that it would not issue licenses to payments banks ‘on-tap’ until those companies that were...
Chinese companies will follow India’s rules around data localisation, Chen Benrong, Deputy Director of Guizhou Provincial Cyberspace Administration, told the Economic Times. Data localisation...
The Reserve Bank of India (RBI) has made changes to its master direction on Know-Your-Customer (KYC) norms, including allowing banks to carry out Aadhaar...
Addressing concerns around data localisation, MasterCard CEO Ajay Banga said the challenge with localisation is not the expense, but that the data loses its...