Secure banking system needs secure digital infrastructure, says PM Modi

SENSEX 73,123.83

 -125.56

NIFTY 22,600.00

 -87.65

CRUDEOIL 9,783.00

+ 299.00

GOLD 142,160.00

 -1,149.00

SILVER 195,900.00

 -3,699.00

SENSEX 73,123.83

 -125.56

NIFTY 22,600.00

 -87.65

NIFTY 22,600.00

 -87.65

CRUDEOIL 9,783.00

+ 299.00

CRUDEOIL 9,783.00

+ 299.00

GOLD 142,160.00

 -1,149.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

Modi highlighted the significance of the RBI’s Data Centre and Cybersecurity Training Institute in strengthening India’s digital financial infrastructure and advancing its technological self-reliance

By BL Mumbai Bureau

Updated - October 25, 2026 at 09:28 PM.

A secure banking system needs secure digital infrastructure supported by robust data centres and powerful computing systems, said Prime Minister Narendra Modi.

In this regard, Modi highlighted the significance of the Reserve Bank of India’s Data Centre and Cybersecurity Training Institute in strengthening India’s digital financial infrastructure and advancing its technological self-reliance. 

The PM inaugurated RBI’s Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha, on Sunday, October 25, 2026. he described the facility as a reflection of India’s changing approach to governance, which is focused on taking the benefits of economic development to every region and every citizen.

Union Finance and Corporate Affairs Minister Nirmala Sitharaman 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.

In his welcome address, RBI Governor Sanjay Malhotra 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.

In an interaction with state-owned public TV broadcaster Doordarshan, Malhotra said cybersecurity is increasingly becoming important, especially in the wake of AI

He observed that it is important that RBI trains not only its own personnel but also staff from banks and other financial institutions so they stay abreast of developments in AI, big data analytics, quantum, and blockchain.

Apart from capacity building, the training institute will conduct research so the RBI can remain one step ahead in making its systems robust, secure, and efficient.

Published on October 25, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!

• Access 10 free stories per month
• Get notified by email for early preview to new features, discounts & offers