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RBI to establish cloud infrastructure for financial sector to boost data security

By Puja Sharma

December 26, 2023

  • Account to Account Payments
  • AI lending
  • Cloud

During the Reserve Bank of India’s Monetary Policy Committee (MPC) announcement, Das proposed the cloud facility. Das spoke about the establishment of a cloud facility for the Indian financial sector at the end of the press conference. In its fifth consecutive meeting, the central bank maintained a repo rate of 6.50%. According to the statement, […]

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