The Reserve Bank of India (RBI) is set to initiate a cloud services platform by 2025, aimed at aiding financial institutions with more affordable data storage options, reports Reuters. This move is intended to support local financial companies and counter ...

This development will place the RBI in direct competition with other service providers like Microsoft Azure, Amazon Web Services, IBM Cloud, and Google Cloud

India's central bank will launch a pilot programme in 2025 offering local cloud data storage to financial firms at affordable prices, according to two sources aware of the matter, who declined to be identified as conversations are confidential.

The Reserve Bank of India is launching a pilot program in 2025 to offer affordable data storage to financial institutions. This cloud platform, utiliz

Indian central bank is planning to launch cloud services in 2025 to counter foreign cloud businesses like AWS and Microsoft Azure.

The Reserve Bank of India is set to launch a local cloud storage pilot in 2025, challenging global providers like AWS and Google. This initiative aims to support smaller financial firms with cost-effective solutions.

RBI plans to launch a cloud services platform by 2025. The initiative, aimed at supporting smaller financial institutions. Learn more.