Modi inaugurates RBI data centre and cybersecurity institute

Prime Minister Narendra Modi inaugurated the Reserve Bank of India’s data centre and Cybersecurity Training Institute in Bhubaneswar on October 25, adding new computing and training facilities for the country’s financial sector. The data centre is intended to host mission-critical payment and settlement systems used by the RBI and the wider financial sector, according to the government and the central bank. Officials said the facility is designed to support the reach, efficiency and reliability of digital financial services. The Cybersecurity Training Institute is intended to provide training and research in cybersecurity and enterprise technology, as well as develop capabilities across the financial sector, the government said. The RBI has described the broader project as comprising four data centres and said the facility has Uptime Institute Tier IV certification. The project is located on an 18.55-acre site at Info Valley-II in Jatni, Odisha. The foundation stone was laid on March 22, 2023, by then RBI Governor Shaktikanta Das. Officials said the site was selected for geographical stability and distance from seismically active zones and high-risk international borders....