Asia Pacific | Financial services
RBI (India)
The Reserve Bank of India (“RBI”) is India's central bank and is responsible for the supervision of the Indian financial sector.
Google Cloud’s contracts for financial institutions in India address the requirements in the RBI Guidelines on Outsourcing. We have documentation for both Google Cloud and Google Workspace to help you understand how we can support you in meeting the RBI’s requirements and how you can assess Google Cloud as an outsourced service provider. Google Cloud is committed to addressing these requirements regardless of how financial institutions choose to use our services.
We have also created whitepapers that outline how Google Cloud addresses data localization for payment data and digital lending per RBI Guidelines.
RBI Compliance Offerings
Learn more about the key laws, regulations, and guidelines prescribed by the RBI.
Learn more about the RBI’s Master Direction on
Outsourcing of Information Technology Services 2023
The
Master Direction
address the RBI’s expectations for the outsourcing
of information technology services by: - Banks - Non-banking financial companies - Primary cooperative banks - EXIM Bank - National Bank for Agriculture and Rural
Development - National Bank for Financing Infrastructure and
Development - National Housing Bank - Small Industries Development Bank of India Credit
Information Companies etc (collectively, “RE”). The Master Direction provides specific guidance on
the evaluation and engagement of service providers,
outsourcing agreements, risk management, monitoring
and control of outsourced activities, cross-border
outsourcing, exit strategies, and the use of cloud
computing services. Google Cloud has created a mapping to the Master
Direction for both
Google Cloud
and
Google Workspace
to assist you with understanding how we can support
you in meeting the Master Direction requirements and
how you can assess us as an outsourced service
provider.
Learn more about the RBI’s Guidelines on
Outsourcing and how Google can help support your RBI
compliance efforts.
The Guidelines on Managing Risk and Code of Conduct in Outsourcing of Financial Services by banks
address the RBI’s expectations for banks managing
the risks in outsourcing. The RBI guidelines provide
specific guidance on risk management practices for
outsourced financial services and off-shore
outsourcing of financial services. Google Cloud has created mappings to the guidelines
for both
Google Cloud
and
Google Workspace
to assist you with understanding how we can support
you with meeting the RBI’s outsourcing requirements
for banks and assess us as an outsourced service
provider.
Learn more about the RBI’s Guidelines for Managing
Risk in Outsourcing of Financial Services by
Cooperative Banks
The Guidelines for Managing Risk in Outsourcing of Financial Services by Cooperative Banks
address the RBI’s expectations for cooperative banks
managing risks in outsourcing. The RBI guidelines
provide specific guidance on evaluating the
capability of the service provider, the outsourcing
agreement, confidentiality and security, business
continuity and management of disaster recovery plan,
and the monitoring and control of outsourced
activities. Google Cloud has created a mapping to the
guidelines for both
Google Cloud
and
Google Workspace
to assist you with understanding how we can support
you in meeting the RBI’s outsourcing requirements
for cooperative banks and how you can assess us as
an outsourced service provider.
Related offerings
IRDAI (India)
Securities and Exchange Board of India (SEBI)
ISO/IEC 27001