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RBI to launch affordable cloud storage for financial firms to counter dominance of AWS, Microsoft Azure, Google Cloud: Report
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.
Exclusive: India cenbank plans 2025 launch of cloud services, countering dominance of global firms
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.
India’s Central Bank Plans Local Cloud Pilot to Counter Global Firms’ Dominance
India’s central bank will reportedly launch a 2025 pilot for affordable local cloud storage for financial firms developed with domestic IT companies. This India’s central bank will reportedly launch a 2025 pilot for affordable local cloud storage for financial firms developed with domestic IT companies.
RBI plans 2025 launch of cloud services, countering dominance of global firms
Indian central bank is planning to launch cloud services in 2025 to counter foreign cloud businesses like AWS and Microsoft Azure.
RBI aims to launch cloud services in 2025 to counter global dominance: Report
The Reserve Bank of India is launching a pilot program in 2025 to offer affordable data storage to financial institutions. This cloud platform, utilizing local IT firms, aims to provide a cost-effective alternative to foreign-dominated services and will be expanded in phases,
India's economic growth needs more affordable interest rates, minister says
India's economic growth requires "far more affordable" bank interest rates, the finance minister said on Monday, adding New ...
India's Gold Market Update: Festive Buying Holds Ground In The Face Of High Prices
Indian gold ETFs continue to attract strong interest from investors, with October seeing the largest inflows on record. Click ...
Morgan Stanley lowers forecast for India’s FY25 growth to 6.7% over weaker-than-expected Q2 data
Morgan Stanley also kept its growth forecast for FY26 and FY27 steady at 6.5%, with domestic demand expected to remain the ...
Boards must be cognizant of build-up of concentrations in their business model says RBI Governor
Boards may adopt a proactive approach in identifying and addressing potential challenges. This necessitates clear understanding of both the external conditions as well as the internal currents within ...
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Reserve Bank of India customer care gets threat call, man claims to be 'Lashkar CEO': Reports
The 'CEO' of the Pakistan-based terrorist group Lashkar-e-Taiba called the Reserve Bank of India (RBI) customer service ...
India’s central bank chief warns growing risk of global inflation returning
Central banks have managed to engineer a soft landing, but there is still a risk of global inflation returning, according to ...
Morgan Stanley lowers India's growth for FY25; economy may expect a better Q3 show with wedding season
Morgan Stanley has revised India's FY25 growth forecast to 6.7%, down from 7%, citing weaker-than-expected second-quarter ...
India’s Economy Is Withstanding Global Risks, RBI’s Das Says
The Indian economy is “sailing through smoothly,” even as global growth faces accelerating risks ranging from geopolitical ...
India's forex reserves fall to USD 675.653 billion as of November 8, says RBI
The fall is attributed to a dip in foreign currency assets, which form the largest component of the reserves. These assets ...