Monday, April 10, 2023

RBI brings out norms for outsourcing of IT services

The RBI has directed all regulated entities to ensure that the service provider employs the same high standard of care in performing the services as would have been employed by regulated entities if the same activity was not outsourced.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-brings-out-norms-for-outsourcing-of-it-services/articleshow/99388314.cms

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