Exclusive: India resists lobbying by U.S. payment firms to ease local data storage rules

NEW DELHI/HONG KONG (Reuters) - The Reserve Bank of India (RBI) is standing firm on a directive to compel global payment firms to store customer data in India, resisting calls from U.S. companies to dilute an order they say would cost them millions of dollars, people familiar with the matter said.

from Reuters: Technology News https://ift.tt/2kwqt91