IDRBT building National Digital Financial Infrastructure (NADI)

The Institute for Development and Research in Banking Technology (IDRBT) is building a next-generation Digital Financial Infrastructure named National Digital Financial Infrastructure (NADI). NADI would provide a roadmap and framework for future digital financial services growth in India.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the NADI:

NADI will consist of modern network infrastructure which includes 5G/Edge Cloud with SDNs (software-defined networking) for connecting to the critical data centre infrastructure at the back-end.
IDRBT is an arm of the Reserve Bank of India (RBI).
It will also have the middleware infrastructure for supporting both digital identity verification, digital identity assessment and digital asset management with the support of efficient digital ledger technologies and AI/ML technologies.”

Important takeaways for all competitive exams: