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Prime Minister opens the Reserve Bank's new Data Centre and Cybersecurity Training Institute at Bhubaneswar

Prime Minister Narendra Modi inaugurated the Reserve Bank of India's newly established Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha. The Press Information Bureau said the Data Centre will support more efficient and reliable banking, while the training institute will help build skilled cybersecurity personnel. In his address the Prime Minister said the past decade was spent bringing banking to the unbanked and the coming decade will be about making banking more efficient and reliable. He described cyber threats to the financial system as a national security concern. He said nearly 60 crore Jan Dhan accounts have been opened and the Atal Pension Yojana now covers 9 crore citizens, including 38 lakh in Odisha. He also said the Pradhan Mantri Suraksha Bima Yojana gives accident cover of Rs 2 lakh for an annual premium of Rs 20.

Jan Dhan accounts: Nearly 60 crore Atal Pension Yojana coverage: 9 crore citizens PM Suraksha Bima Yojana premium: Rs 20 a year for Rs 2 lakh cover
Why it matters for exams: Examiners regularly ask where the Reserve Bank is headquartered, the Act under which it was set up, and the financial inclusion schemes named here.
Kerala PSCUPSCSSCBank
25 October 2026 Source: Press Information Bureau

In plain words

RBI Reserve Bank of India — India's central bank and the regulator of the banking system.

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