What India can dictate, and what she can't.

• Position: Brief article

The Reserve Bank of India (RBI), this week, provided clarifications on an earlier circular on data localisation. In April 2018, the central bank had first advised all system providers to ensure that data relating to payment systems operated by them be stored in India. In some quarters, these clarifications have raised further doubts. While some of concerns, forwarded by lawyers and those who represent multinational companies, seem genuine, people are possibly confusing the many...