Keeping all data centres sovereign, says RBI governor
RBI Governor Sanjay Malhotra announced the inauguration of new sovereign data centers and a cybersecurity training institute to bolster India's financial infrastructure. The initiative aims to secure critical payment systems like UPI and RTGS against AI-driven threats while promoting technological self-reliance.
Why it matters
As financial systems become increasingly digitized, the move toward sovereign, indigenous data infrastructure is critical for national security and economic resilience.
MUMBAI: Information technology has become a core function of RBI, with secure, sovereign data centres and cybersecurity capabilities increasingly critical to the resilience of the financial system as AI transforms technology, governor Sanjay Malhotra said.In an interview with Doordarshan following the inauguration of RBI’s new data centre and Cybersecurity Training Institute in Bhubaneswar by Prime Minister Narendra Modi, Malhotra said the central bank needed to strengthen its technological infrastructure while keeping pace with emerging technologies.“IT no longer is a support function. It is a very core function because it is from where all our applications for the general public, for our own use, and for consumers run,” he said.The data centre will host applications supporting critical payment systems (NEFT & RTGS), govt banking operations and services for consumers of regulated financial entities.
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