Prime Minister Narendra Modi on Sunday inaugurated the Reserve Bank: A practical reader guide

Prime Minister Narendra Modi on Sunday inaugurated the Reserve Bank: A practical reader guide

Prime Minister Narendra Modi on Sunday inaugurated the Reserve Bank of India’s ₹ 169-crore data centre and Cybersecurity Training Institute in Odisha’s Bhubaneswar.

The Cybersecurity Training Institute, meanwhile, will focus on capability building, providing an institutional platform for cybersecurity and enterprise-technology training, research, and sector-wide capability development, the statement added. (with inputs from PTI) Spread across 18.55 acres at Info Valley-II in Jatni, the RBI facility had its foundation stone laid by then governor Shaktikanta Das on March 22, 2023.

Union finance minister Nirmala Sitharaman, RBI governor Sanjay Malhotra, Odisha governor Brajmohan Ram, chief minister Mohan Charan Majhi, Union tribal affairs minister Jual Oram, and deputy CMs Kanak Vardhan Singh Deo and Pravati Parida were also present, according to news agency PTI . The data centre will host mission-critical payment and settlement systems, along with other flagship initiatives, according to an official statement. “It will contribute to widening the reach, efficiency and reliability of digital financial services, and will form the secure digital foundation on which India’s increasingly technology-driven financial economy can grow,” the statement from the Prime Minister’s Office dated October 24 read.