Data localization for Indian Fintech: RBI rules and your cloud choice
Indian fintech operates under one of the most specific data localization regimes in the world. The Reserve Bank of India has published progressive guidance since 2018 requiring payment system data to be stored in India, with subsequent extensions to other categories of financial data. The rules aren't optional. For fintechs operating in India - whether payment providers, lending platforms, wealth managers, or neo-banks - the localization requirements shape fundamental infrastructure choices.