Indian central bank to take on global IT giants

The Reserve Bank of India is reportedly launching its own cloud infrastructure to safeguard financial data from foreign players India’s central bank is reportedly preparing to launch its own cloud services by 2025 in an effort to bolster the country’s digital infrastructure and protect financial data, Reuters has reported, citing unnamed sources. The Reserve Bank of India (RBI) initiative comes amid growing concerns over data privacy and the influence of global IT giants, which have long dominated the cloud services market. In a move to counter the dominance of major global technology firms in the financial se

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