RBI stands firm on data localisation, USIBC cautions India it might hamper growth PTI Oct 17, 2018 With the RBI standing firm on its data localisation stance, the US-India Business Council (USIBC) has cautioned that policies…
German digital lender Kreditech gets RBI license to operate as NBFC PTI Oct 16, 2018 Kreditech has been licensed by the RBI to operate as an NBFC with the first-of-its-kind licence in Indian financial history for…
Data localisation: 80% players comply with norms, say sources PTI Oct 16, 2018 With the RBI not relenting on extending the Monday’s deadline for data localisation, as many as 80 per cent of industry players…
RBI sticks with plans to force to store data locally Reuters Oct 11, 2018 The deadline for the companies to adhere is October 15. The directive is part of a wider push by India to ask companies to store…
WhatsApp becomes first global company to announce data localisation for its payments feature in… PTI Oct 10, 2018 Messaging platform WhatsApp has said it has developed a system to store payments-related data in India as part of complying with…
Data localisation: Arun Jaitley meets RBI DG BP Kanungo, IT Secretary Ajay Prakash Sawhney PTI Oct 9, 2018 The meeting was also attended by Economic Affairs Secretary Subhash Chandra Garg, Financial Services Secretary Rajiv Kumar and IT…
RBI shortlists Infosys, TCS, 3 other IT firms to implement CIMS PTI Sep 24, 2018 The Reserve Bank of India (RBI) has shortlisted five IT firms including Infosys and TCS for implementation of a Centralised…
Google ready to comply with RBI norms for payment services, confirms official PTI Sep 11, 2018 Internet major Google is learnt to have agreed to following the RBI’s local data storage norm for payment services but wants time…
RBI Governor asks financial services providers to focus on cyber security PTI Aug 20, 2018 Some of the possibilities include integration with newer payment systems of the future in view of its standardised formats and…
Regulate cryptocurrency to curb illegal transaction, RBI tells Supreme Court IANS Jul 23, 2018 The Reserve Bank of India (RBI) has told the Supreme Court that it is necessary to regulate the Bitcoin and other cryptocurrencies…