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HomeNationalPM Modi inaugurates RBI's Rs 169-crore data centre, cybersecurity institute in Odisha

PM Modi inaugurates RBI’s Rs 169-crore data centre, cybersecurity institute in Odisha

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PM Modi inaugurates RBI's Rs 169-crore data centre, cybersecurity institute in Odisha
The Cybersecurity Training Institute will focus on training, research and capacity building.

NEW DELHI: Prime Minister Narendra Modi on Sunday inaugurated the Reserve Bank of India’s (RBI) Rs 169-crore data centre and Cybersecurity Training Institute at Info Valley-II in Jatni, near Bhubaneswar, Odisha.Spread across 18.55 acres, the facility’s foundation stone was laid by then RBI governor Shaktikanta Das on March 22, 2023. The data centre will host mission-critical payment and settlement systems, along with other key RBI initiatives, according to a government statement.It is expected to improve the reach, efficiency and reliability of digital financial services while providing a secure foundation for India’s increasingly technology-driven financial sector.The Cybersecurity Training Institute will focus on training, research and capacity building in cybersecurity and enterprise technology, helping strengthen capabilities across the financial sector.The location was chosen for its geographical stability, away from seismically active zones and high-risk international border areas, officials said according to news agency PTI. This is expected to reduce the facility’s exposure to natural disasters and geopolitical vulnerabilities.

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The facilities have been designed to provide a secure, resilient, scalable and future-ready computing ecosystem for the RBI and the wider financial sector.Union finance minister Nirmala Sitharaman, RBI Governor Sanjay Malhotra, Odisha Governor Brajmohan Ram, chief minister Mohan Charan Majhi and other senior leaders were also present at the inauguration.

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