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Direction on Outsourcing of Information Technology Services Conclusion Contributors 3 3 3 4 15 15 WH I TE P AP ER | 2 VMware Cloud on AWS Introduction In April 2023, the Reserve Bank of India (RBI) published the guidelines for regulated entities (RE) on managing the ...
This paper examines Oracle Database security capabilities that can be used to help comply with RBI Guidelines for Database Activity Monitoring. RBI CIRCULARS RBI Circular dated April 29, 2011 on "RBI Circular: Working Group on Information Security, Electronic Banking, Technology Risk Management and ...
The RBI regulates banks and financial institutions in India through various measures such as licensing and supervision, setting capital adequacy norms, and conducting inspections and audits. The RBI is also the governing body responsible for issuing regulatory guidelines and directives. What Are the Prim...
In India, companies hoping to provide street view services have to jump through some hoops to make it happen. According to the Department of Science and Technology’sGuidelines for acquiring and producing Geospatial Data and Geospatial Data Services, Indian companies are free to acquire, collect, ...
Regulated Entities (REs) have been extensively leveraging Information Technology (IT) and IT-enabled Services (ITeS) to support their business models, products and services offered to their customers. REs also outsource substantial portions of their IT activities to third parties, which exposes them ...
India’s then Minister of State for IT Rajeev Chandrasekhar had accused Google of violating Rule 3(1)(b) of the Information Technology (IT) Rules, 2021, which prohibit intermediaries from sharing information that is “defamatory,”“libellous” or “knowingly and intentionally communicates any info...
Furthermore, the paper underscores the critical role of digital infrastructure in implementing this technology while also highlighting its inherent limitations. In addressing these constraints, the paper delves into potential strategies and solutions, offering insights into how the RBI can navigate the ...
Detailed guidelines in this regard would be issued shortly. III. Payment and Settlement Systems 5. Operation of Pre-Sanctioned Credit Lines at Banks through the UPI Unified Payments Interface (UPI) is a robust payments platform supporting an array of features. Presently it handles 75% of the ...
India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation. 4937 News Indian Ministry Reveals Investigations Into Bitcoin Businesses Mar 18, 2020 by Samuel Haig India’s Minister of Corporate Affairs has revealed that only two cryptocurrency...