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IDRBT building National Digital Financial Infrastructure (NADI)

Posted bySumit Arora Published On May 18th, 2021 Leave a comment on IDRBT building National Digital Financial Infrastructure (NADI)
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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.

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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:

  • IDRBT Headquarters location: Hyderabad;
  • IDRBT Founded: 1996.

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About the Author
Sumit Arora
Sumit Arora
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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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