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Payment Companies

Recent Highlights

HDFC Bank refused loans to Vijay Mallya; need to separate friendships from banking, cautions MD, CEO Aditya Puri

HDFC Bank refused loans to Vijay Mallya; need to separate friendships from banking, cautions MD, CEO Aditya Puri

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Payment firms can process transactions abroad, but must store data only in India, says RBI

Payment firms can process transactions abroad, but must store data only in India, says RBI

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Mastercard lodged protest in US in June over Narendra Modi's promotion of homegrown card network RuPay

Mastercard lodged protest in US in June over Narendra Modi's promotion of homegrown card network RuPay

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RBI directive on data localisation: Though security agencies back move, govt may take a lenient view

RBI directive on data localisation: Though security agencies back move, govt may take a lenient view

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All Stories for Payment Companies

All (5)
  • India stands firm on directive, forcing US payment companies to store data locally: Report

    India stands firm on directive, forcing US payment companies to store data locally: Report

    • .

    The payment companies are worried India’s data on shoring move could set a precedent and nudge other major governments to implement similar rules at a time when there is heightened scrutiny on how companies globally handle their customers’ data.

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