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RBI to review data storage rules for payment firms

Updated : June 18, 2019 04:45 PM IST

The RBI last year mandated companies to store their payments data "only in India" so that the regulator could have "unfettered supervisory access".
On Monday, India's commerce minister met technology companies and heard their concerns about various federal plans to push for more stringent rules on data storage, which government officials say would help them better access data and conduct investigations.
RBI to review data storage rules for payment firms

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