Prime Minister Narendra Modi has inaugurated the Reserve Bank of India's new data centre in Bhubaneswar, a facility built at a cost of Rs 169 crore, marking a significant step in the central bank's efforts to strengthen its digital infrastructure and data security framework.
The new data centre is designed to support the RBI's expanding digital operations, including core banking functions, payment systems, and regulatory data management. The facility underscores the growing importance of robust data infrastructure for central banks as they manage increasingly complex financial systems and rising volumes of digital transactions. The Rs 169-crore investment reflects the scale of resources being directed toward securing and modernizing the country's financial data backbone.
The inauguration comes as India's digital payments ecosystem continues to expand rapidly, placing greater demands on the infrastructure that supports clearing, settlement, and regulatory oversight. By establishing a dedicated data centre in Bhubaneswar, the RBI aims to enhance operational resilience and ensure business continuity for critical financial services. The facility is expected to play a key role in safeguarding sensitive financial data and supporting the central bank's long-term technology roadmap.
For the data centre industry, the project signals continued demand from public-sector institutions for specialized, high-security facilities outside traditional metro hubs. Bhubaneswar has been emerging as a growing technology and infrastructure destination, and the RBI's investment adds momentum to the region's positioning as a viable location for mission-critical digital infrastructure. The move also aligns with broader efforts to decentralize critical infrastructure and build redundancy into the financial system's data architecture.
PM Modi Inaugurates RBI's Rs 169-Crore Data Centre in Bhubaneswar
By: IDCNOVARegion: South Asia