Malhotra said the central bank is bolstering its technological infrastructure to keep pace with AI‑driven changes—because IT is now the lifeline of financial services.
The new hub comprises four independent data‑centre facilities, each Tier IV certified, designed to improve uptime and resilience for systems that process the nation’s money.
Two‑thirds of the Bhubaneswar campus is dedicated to a Cybersecurity Training Institute—an acknowledgment of AI‑driven security threats that could cripple payment networks.
PM Modi, who cut the ribbon, urged the country to build secure digital infrastructure and to achieve technological self‑reliance.
Finance Minister Nirmala Sitharaman said the centre will support RTGS and NEFT and will nurture expertise in emerging technologies.
The RBI’s move is part of a broader strategy to strengthen indigenous tech and to meet India’s 2047 development goal, a target that will shape policy for decades.