What Do India’s Data-Storage Rules Mean for Businesses?

Bloomberg Markets and Finance published this video item, entitled “What Do India’s Data-Storage Rules Mean for Businesses?” – below is their description.

Jul.27 — Kartik Shinde, cyber security partner for financial services at EY, discusses what India’s data-storage rules means for international companies doing business in the country. India’s banking regulator barred Mastercard Inc. from adding new customers this month for failing to comply with the South Asian nation’s rules. The RBI in April had penalized American Express Banking Corp. and Diners Club International Ltd. under the rules announced in 2018, which ordered payment systems providers to store all data generated by them on servers in India. Shinde speaks on “Bloomberg Markets: Asia.”

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