Rows of colored high end data cables are seen feeding into computer servers inside a comms room at a office (Photographer: Simon Dawson/Bloomberg)  

Data Localisation: RBI Allows Offshore Processing Of Payment Transactions But Insists On Local Storage

More than a year after the Reserve Bank of India asked all payment system operators to store transaction data only in India, the regulator has issued clarifications on some aspects of its rules. Th...

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