On October 25, 2026, Prime Minister Narendra Modi inaugurated the Reserve Bank of India’s (RBI) new Data Center and Cybersecurity Training Institute at Info Valley-II in Jatni, near Bhubaneswar, Odisha.
The facility built at an estimated cost of ₹170 crore, will strengthen RBI’s critical data and payment systems. The training institute associated with it will focus on cybersecurity, enterprise computing and emerging technologies such as artificial intelligence and quantum computing.
The facilities are aimed at strengthening India’s digital financial infrastructure, enhancing the reliability of critical banking services and developing the capacity to counter growing cyber threats.
Addressing the inauguration ceremony, Modi emphasized the need to strengthen India’s financial system as digital banking grows and cyber threats become more sophisticated. He said the new facilities would play an important role in making banking services safer, more efficient and more reliable.
Modi also highlighted the roll of financial inclusion through initiatives such as Jan Dhan accounts, the Mudra Yojana, and social security schemes. He said these measures have created new financial opportunities for small entrepreneurs, street vendors, artisans and rural communities.
Highlighting Odisha’s growing role in India’s economic development, Modi pointed to emerging opportunities in sectors such as semiconductors, electronics, data centers and advanced computing. He expressed confidence that these sectors would create new opportunities for the state’s youth and contribute to the vision of a developed India.
This inauguration marks a significant step toward strengthening the RBI’s technical infrastructure as India’s financial services become increasingly reliant on secure and robust digital systems.
(PIB)
