India's Data Protection Rules And Their Impact On The Banking And Financial Services Industry

Mondaq Business BriefingIndia Law Articles in EnglishFinance and Banking (2012)

Linked as:

Extract


India's Data Protection Rules And Their Impact On The Banking And Financial Services Industry

Reproduced with permission from World Data Protection Report, null, 09/23/2011. Copyright _ 2011 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com

According to a report by global management consultancy McKinsey & Co., as many as 7 percent of bank account holders in India conduct banking transactions online, which represents a sevenfold jump since 2007, whereas branch banking has fallen by 15 percent. Furthermore, it is envisaged that non-traditional forms of banking are going to rise, with an increasing number of banks introducing novel platforms such as telebanking, mobile banking, etc., to p...

See the full content of this document


ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2014, vLex. All Rights Reserved.

Contents in vLex India

Explore vLex

For Professionals

For Partners

Company