India: Adopted Reserve Bank of India (Outsourcing of Information Technology Services) Directions, 2023
Description
Adopted Reserve Bank of India (Outsourcing of Information Technology Services) Directions, 2023
On 10 April 2023, the Reserve Bank of India (RBI) adopted the Reserve Bank of India (Outsourcing of Information Technology Services) Directions, 2023. The Directions seek to regulate the risks associated with increased outsourcing of services by Reg…
Scope
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
central bank
Complete timeline of this policy change
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2022-02-10
under deliberation
2022-06-23
in consultation
2022-07-22
processing consultation
2023-04-10
adopted