India’s Central Bank To Shake Up The $24B Cloud Market By 2025

India’s central bank, the Reserve Bank of India (RBI), is taking a bold step to revolutionize the country’s digital infrastructure. By 2025, the RBI plans to launch its own cloud services, aiming to protect sensitive financial data and reduce the country’s reliance on foreign technology companies like Amazon, Google, Microsoft, and IBM, according to a Reuters report.

This ambitious project, labeled as a “first-of-its-kind” initiative, is part of a larger push to give India more control o...

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