CONNECT WITH US
Fintech

Fintech

RBI’s 4th data centre in Bhubaneswar to improve uptime, reduce downtime of fin services

ET BFSI Fintech logo

Published on

Add as a preferred source on Google
RBI’s 4th data centre in Bhubaneswar to improve uptime, reduce downtime of fin services

RBI’s 4th data centre in Bhubaneswar to improve uptime, reduce downtime of fin services

The Reserve Bank of India’s new data centre in Bhubaneswar will strengthen the resilience of India’s financial system, improve uptime and reduce downtime of critical services, Governor Sanjay Malhotra said. The facility will house mission-critical payment and settlement systems, while a cybersecurity institute will build capabilities in emerging technologies.

RBI’s Bhubaneswar data centre to improve uptime and reduce downtime of critical financial servicesFacility has highest Tier IV accreditation; four independent data centres to strengthen resilienceData centre will house mission-critical systems including RTGS and NEFTCybersecurity institute to train RBI, bank and financial-sector personnel in AI, big data, quantum and blockchain

The Reserve Bank of India’s new Data Centre and Cybersecurity Training Institute in Bhubaneswar , inaugurated by Prime Minister Narendra Modi on Sunday, will improve the uptime of critical financial services, reduce downtime and strengthen the resilience of India’s financial system, Governor Sanjay Malhotra said. The RBI said the facilities are aimed at leveraging emerging technologies , strengthening digital infrastructure , enhancing cybersecurity and developing indigenous technological capabilities. The data centre will house mission-critical payment and settlement systems, including RTGS and NEFT , according to the RBI. The accompanying Cybersecurity Training Institute will build expertise in cybersecurity, artificial intelligence and other emerging technologies. Advt

The Governor said the new facility has the highest Tier IV accreditation from the Uptime Institute and will have four independent data centres, which will provide greater strength and resilience. The infrastructure will support RBI’s payment systems, including NEFT and RTGS, which operate round the clock.


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.