{"id":2945,"date":"2026-10-26T09:32:47","date_gmt":"2026-10-26T09:32:47","guid":{"rendered":"https:\/\/newsraise.com\/in\/2026\/10\/26\/modi-cybersecurity-banking-odisha\/"},"modified":"2026-10-26T09:32:47","modified_gmt":"2026-10-26T09:32:47","slug":"modi-cybersecurity-banking-odisha","status":"publish","type":"post","link":"https:\/\/newsraise.com\/in\/2026\/10\/26\/modi-cybersecurity-banking-odisha\/","title":{"rendered":"Modi says wars now fought in cyberspace as he opens RBI data centre in Odisha"},"content":{"rendered":"\n<!-- Quick Adsense WordPress Plugin: http:\/\/quickadsense.com\/ -->\n<div class=\"9fece8afa224fd09e54b043d0febfb58\" data-index=\"1\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- NR ATF -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-8898941184964366\"\r\n     data-ad-slot=\"4839033563\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<p>Prime Minister Narendra Modi used the inauguration of the Reserve Bank of India&#8217;s (RBI) new data centre and a dedicated Cybersecurity Training Institute in Bhubaneswar to warn that contemporary conflicts extend beyond traditional weapons. He said wars are no longer fought with arms alone and that a nation\u2019s economy can be crippled by cyber\u2011criminals and cyber\u2011terrorists, underscoring the need for robust digital defences for India\u2019s banking system.<\/p>\n<h2>Inaugurating the RBI data hub and training institute<\/h2>\n<p>During the ceremony, Modi highlighted that the two facilities \u2013 the RBI data centre and the Cybersecurity Training Institute \u2013 are intended to bolster the security and resilience of the country\u2019s banking infrastructure. He said the changing nature of cyber threats demands modern infrastructure, stronger computing systems and a skilled workforce capable of responding to sophisticated attacks.<\/p>\n<p>Modi noted that the new data centre will provide a secure, high\u2011capacity platform for the central bank\u2019s operations, while the training institute will develop a pipeline of professionals equipped with the expertise needed to safeguard financial networks. Both are positioned as critical components of a broader strategy to keep India\u2019s banking ecosystem safe from malicious actors.<\/p>\n<h2>Modernising India\u2019s financial architecture<\/h2>\n<p>The prime minister linked the inauguration to a larger shift in governance, describing it as a move toward a \u201cpro\u2011people, proactive good\u2011governance model.\u201d He argued that outdated systems, training methods and tools cannot meet emerging challenges, and that modernising the digital backbone of banking is essential for national security.<\/p>\n<p>Modi recalled that more than half of India\u2019s population remained outside the formal banking ecosystem until 2014, despite the nationalisation of banks in the 1960s and 1970s. He credited the current government\u2019s push for digital banking with expanding access, citing the creation of nearly 59\u201160 crore Jan\u202fDhan accounts that have helped direct government assistance straight to beneficiaries.<\/p>\n<p>He contrasted past inefficiencies with present achievements, recalling a former prime minister\u2019s observation that only 15 paise of a rupee sent from Delhi reached the intended recipient. Modi said that today the full rupee reaches the beneficiary\u2019s bank account, illustrating the progress made through digital channels.<\/p>\n<p>Looking ahead, Modi said the coming decade will focus on making banking more efficient and reliable, building on the inclusion gains of the previous ten years. He positioned the new RBI facilities as foundational to that next phase, ensuring that the financial system can withstand both conventional and cyber\u2011based threats.<\/p>\n<h2>Broader governance and regional development<\/h2>\n<p>Beyond the financial sector, Modi used the event to address disparities between urban centres and smaller towns. He observed that while major cities have seen the development of large hospitals, airports and other institutions since independence, many remote areas continue to lack basic facilities and connectivity.<\/p>\n<p>He asserted that the government is working to change this imbalance by expanding expressways, medical colleges, healthcare facilities and digital connectivity to smaller towns and villages. In this context, he highlighted Odisha\u2019s emerging role as a growth engine for a developed India, noting that the state\u2019s economy is increasingly driven by technology alongside its traditional mineral resources.<\/p>\n<p>\u201cOdisha is poised to write a new chapter in its future, moving from mines to microchips,\u201d Modi said, adding that investments in data centres and advanced computing are expected to create new opportunities for the state\u2019s youth.<\/p>\n<p>The prime minister also seized the occasion to criticize the previous Congress regime, accusing it of \u201cphone banking\u201d in which large sums of money were allegedly extended over the telephone to a select group of individuals close to Congress leaders. He suggested that such practices undermined the integrity of the banking system and highlighted the current government\u2019s emphasis on transparency and digital processes.<\/p>\n<p>In summarising the day\u2019s announcements, Modi stressed that safeguarding the nation\u2019s economic engine requires a blend of cutting\u2011edge technology, skilled human resources and a governance approach that reaches every citizen, from metropolitan hubs to the most remote villages.<\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Prime Minister Narendra Modi inaugurated the Reserve Bank of India&#8217;s new data centre and a cybersecurity training institute in Bhubaneswar, warning that modern wars target economies and urging stronger digital defenses.<\/p>\n","protected":false},"author":3,"featured_media":2946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[299],"tags":[2069,1411,216,219,377],"class_list":["post-2945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-banking","tag-cybersecurity","tag-india","tag-narendra-modi","tag-odisha","entry"],"_links":{"self":[{"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/posts\/2945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/comments?post=2945"}],"version-history":[{"count":0,"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/posts\/2945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/media\/2946"}],"wp:attachment":[{"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/media?parent=2945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/categories?post=2945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsraise.com\/in\/wp-json\/wp\/v2\/tags?post=2945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}