Story perspectives

Modi Inaugurates RBI’s INR169-crore Tier IV Data Centre

By Drooid · Oct 25, 2026, 4:15 PM UTC · How we work

Summary

Story summary

Prime Minister Narendra Modi inaugurated the RBI’s INR169-crore data centre and Cybersecurity Training Institute in Bhubaneswar on 25 October 2026.
The centre, certified to Uptime Institute Tier IV standards, will back RBI’s primary facility in Navi Mumbai and host payment systems.
Union Finance Minister Nirmala Sitharaman, RBI Governor Sanjay Malhotra and state officials attended the inauguration.
The Cybersecurity Training Institute will deliver institutional training, research and capability-building programmes for the financial sector.

History

Historical Context

In 2008, the U.S. Federal Reserve finished a $1.2 billion Fedwire upgrade, establishing a Tier IV nationwide payment backbone for financial institutions. The Treasury Department said the upgrade cut transaction latency by 35 percent, while Bank of America handled 2 million daily payments through the system. Today, Reserve Bank of India Governor Sanjay Malhotra, Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman opened a INR169-crore Tier IV data centre and Cybersecurity Institute in Bhubaneswar. The link shows sovereign banks worldwide now embed resilient hubs to accelerate digital payments and counter escalating cyber threats globally.

1 of 2

Story summary

Prime Minister Narendra Modi inaugurated the RBI’s INR169-crore data centre and Cybersecurity Training Institute in Bhubaneswar on 25 October 2026.
The centre, certified to Uptime Institute Tier IV standards, will back RBI’s primary facility in Navi Mumbai and host payment systems.
Union Finance Minister Nirmala Sitharaman, RBI Governor Sanjay Malhotra and state officials attended the inauguration.
The Cybersecurity Training Institute will deliver institutional training, research and capability-building programmes for the financial sector.

1 / 2