Home Business India proposes to dilute RBI’s data storage rules for foreign payment firms

India proposes to dilute RBI’s data storage rules for foreign payment firms

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(G.N.S) Dt. 12 New Delhi India’s finance ministry has proposed relaxing a directive from the country’s central bank that would compel global payment firms to store customer data only locally, following weeks of intense lobbying by US companies and trade bodies. Easing the proposal would be a relief for firms

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