RBI inaugurates Rs 169 crore Bhubaneswar data centre to bolster banking resilience

The Reserve Bank of India has commissioned a state-of-the-art data centre in Bhubaneswar with an investment of Rs 169 crore, marking a significant step in strengthening the country's financial infrastructure. Prime Minister Narendra Modi inaugurated the facility, underscoring the central bank's commitment to ensuring uninterrupted operations of critical banking services.

The new data centre is designed to provide redundancy and improve disaster recovery capabilities for the RBI's core systems and services. By establishing this facility, the central bank aims to reduce downtime of mission-critical operations and enhance the overall resilience of India's banking and payments ecosystem.

The Bhubaneswar centre complements the RBI's existing data infrastructure and represents part of broader efforts to modernise the technological backbone supporting India's financial system. The facility is equipped with advanced security measures and follows international standards for data centre operations.

Investments in data centre infrastructure have become increasingly important for regulators and financial institutions across the region, as they seek to ensure business continuity and protect against potential service interruptions. The RBI's initiative reflects growing recognition of the need for robust technological infrastructure to support the country's expanding digital financial services.