Video: RBI calls on payment firms to store data within country

Watch Goutam Das, Senior Editor, Business Today, shed light on the Reserve Bank of India's circular which called on the payment companies to store their data within the country. The central bank wants such companies to be compliant within six months. The reason: better supervision. The development would impact every company dealing in payments data - from fintech firms that offer peer-to-peer money transfers and international transactions to gateway operators.