India cenbank plans 2025 launch of cloud services, countering dominanc
Mon, Nov 18, 2024 2:36 PM

India cenbank plans 2025 launch of cloud services, countering dominanc

A Flip by Avya Verma
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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’s planned cloud platform will use local IT firms, pitting it against the likes of Amazon Web Services, Microsoft Azure, Google.

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