The Hon’ble Prime Minister of India, Shri Narendra Modi, today inaugurated the Reserve Bank of India’s newly established Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha. This marks a significant milestone in strengthening the technological foundation of India’s financial system. Hon’ble Governor of Odisha, Shri Brajmohan Ram, Hon’ble Chief Minister of Odisha, Shri Mohan Charan Majhi; Hon’ble Union Finance and Corporate Affairs Minister, Smt. Nirmala Sitharaman; Hon’ble Union Minister for Tribal Affairs, Shri Jual Oram; Hon’ble Deputy Chief Ministers of Odisha, Shri Kanak Vardhan Singh Deo and Smt. Pravati Parida, and Hon’ble Members of Parliament, Shri Manmohan Samal and Smt. Aparajita Sarangi, also graced the event.

2. In his address, the Hon’ble Prime Minister highlighted the significance of the institutions inaugurated today – the Data Centre and the Cybersecurity Training Institute – in strengthening India’s digital financial infrastructure and advancing its technological self-reliance. The PM described the facility as a reflection of India’s changing approach to governance focused on taking the benefits of economic development to every region and every citizen. He emphasised that a secure banking system needs secure digital infrastructure supported by robust data centres and powerful computing systems and RBI’s new Data Centre is a critical step in this direction.

3. In her address, the Hon’ble Union Minister of Finance and Corporate Affairs underscored the strategic importance of resilient infrastructure in safeguarding financial stability and supporting sustained economic growth. She further said that the new Data Centre will house RBI’s mission-critical systems, including RTGS and NEFT, while the Training Institute will build expertise in cybersecurity, AI and other emerging technologies.

4. In his welcome address, Reserve Bank Governor Shri Sanjay Malhotra expressed gratitude to the Hon’ble Prime Minister for his participation in the event. He emphasised the Reserve Bank’s commitment to leveraging emerging technologies, strengthening digital infrastructure, enhancing cybersecurity, developing indigenous technological capabilities and supporting the country’s aspiration to become a developed nation by 2047.

5. The event was attended by distinguished dignitaries from the Central Government, State Government, industry, academia, persons of eminence, Directors of the Central Board of the Reserve Bank, heads of banks, technology providers and senior officials of the Reserve Bank.

(Brij Raj)            Chief General Manager

Press Release: 2026-2027/1384