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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.
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,
RBI plans 2025 launch of cloud services, countering dominance of global firms
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 Cloud and IBM Cloud, in a first-of-its-kind initiative from a major global central bank.
9h
on MSN
India central bank chief's term likely to be extended further, sources say
By Sarita Chaganti Singh, Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI (Reuters) - The Indian government is likely to extend ...
9h
India's Economic Growth Needs More Affordable Interest Rates, Minister Says
Earlier this year, India's top economic advisor said India's monetary policy framework should consider targeting inflation ...
1d
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 ...
7h
Private bank boards urge RBI to address workload management concerns
Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to address the need for workload ...
3d
on MSN
India's forex reserves decline for sixth week to its lowest in nearly 3 months
India's foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, ...
4d
on MSN
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 ...
Deccan Herald
2d
Fact Check | The Reserve Bank of India has not issued a new ₹ 7 coin honouring cricketer Mahendra Singh Dhoni
A post going viral on social media claims that the Reserve Bank of India (RBI) is set to issue a new ₹ 7 coin to honour ...
4d
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 ...
9h
India rupee to lean on central bank help; bonds to track US peers
MUMBAI, Nov 18 (Reuters) - The Indian rupee will rely on the central bank's help to counter headwinds this week, as the possibility of slower Federal Reserve interest rate cuts and expectations ...
3d
Reserve Bank should cut interest rates, focus less on food inflation: Piyush Goyal
The commerce minister emphasised that these were his views and not the official stance of the Union government.
7d
India Ready to Weaken Rupee in Line With Yuan on Trump Win
India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win ...
Newsable Asianet News on MSN
1d
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 ...
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