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PM Modi Inaugurates National Core Banking Innovation Hub in Noida.

National | Dated: 22 Apr 2026

Prime Minister Narendra Modi officially inaugurated a massively advanced National Core Banking Innovation Hub in Noida. This cutting-edge facility is meticulously designed to create unified digital lending solutions and robust cybersecurity networks for Indian banks.

🎯 Key Highlights:

  • The highly integrated project operates under the direct supervision of the RBI.
  • It utilizes advanced artificial intelligence to fully prevent loan default frauds.
  • A dedicated budget of Rs 3500 crore was extensively utilized for this center.

💡 Other Important Facts:

  • Facility: Banking Innovation Hub.
  • Location: Noida.
  • Focus: Core Banking.

📚 Test Your Knowledge:

Where did Prime Minister Narendra Modi recently inaugurate the advanced National Core Banking Innovation Hub to support digital lending?

Correct Answer: Noida

🚀 Quick Recap:

About Ministry of Finance

  • Union Minister - Nirmala Sitharaman
  • Focus - Digital Financial Inclusion