Hon’ble Prime Minister of India inaugurates the Reserve Bank of India’s Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha

On a significant day for India's financial sector, Hon'ble Prime Minister Shri Narendra Modi inaugurated the Reserve Bank of India's (RBI) Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha. The event was graced by esteemed dignitaries, including Hon'ble Governor of Odisha, Hon'ble Chief Minister of Odisha, Hon'ble Union Finance and Corporate Affairs Minister, Hon'ble Union Minister for Tribal Affairs, Hon'ble Deputy Chief Ministers of Odisha, Hon'ble Members of Parliament, and numerous senior officials.

The Prime Minister emphasized the importance of these institutions in bolstering India's digital financial infrastructure and advancing technological self-reliance. He highlighted the need for a secure banking system, supported by robust digital infrastructure and advanced data centres. The RBI's new Data Centre, he said, plays a crucial role in this direction by housing mission-critical systems like RTGS and NEFT.

The Union Minister for Finance and Corporate Affairs echoed the importance of resilient infrastructure, stating that the new Data Centre will safeguard financial stability and support economic growth. She added that the Training Institute will foster expertise in cybersecurity, AI, and other emerging technologies, which are vital for India's technological advancement.

Reserve Bank Governor Shri Sanjay Malhotra welcomed the gathering, expressing gratitude to the Prime Minister for his presence. He stressed the Reserve Bank's commitment to leveraging emerging technologies, strengthening digital infrastructure, enhancing cybersecurity, developing indigenous technological capabilities, and supporting India's goal of becoming a developed nation by 2047.