Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
The new RBI data centre and Cybersecurity Training Institute in Odisha will strengthen the country's digital infrastructure and enhance the security of payment and settlement systems, affecting the reliability of financial services for citizens and businesses.
Prime Minister Narendra Modi is set to inaugurate the Reserve Bank of India's state-of-the-art data centre and Cybersecurity Training Institute on Sunday. This initiative aims to bolster Odisha’s digital framework and elevate national financial security. Situated in Jatni, the facility is designed to support crucial payment and settlement operations. With 2,100 police personnel and traffic regulations in place, this visit marks Modi's ninth trip to Odisha since 2024.
The Reserve Bank of India is India's central bank, responsible for monetary policy and overseeing the nation's payment systems; data centres like this one host critical technology that processes transactions and protect against cyber threats, which are essential for a stable financial system.