Syam Kumar

Institute for Development and Research in Banking Technology (IDRBT)

THE Institute for Development and Research in Banking Technology (IDRBT), established by the Reserve Bank of India, is a unique institution focused exclusively on Banking Technology. The Governor, Reserve Bank of India, is the Visitor and the Governing Council is chaired by the Deputy Governor of RBI. The Institute works at the intersection of Banking and Technology. Right from creating Technology Infrastructure, engaging in high-quality Applied Research and Development, to moulding Technology Talent, IDRBT enables the technology transformation of the Banking and Financial Sector in India (BFSI) and makes it future-ready. IDRBT is the only Institute in India exclusively focused on the niche area of Banking Technology. The Institute catalyses utilization of the best technologies in BFSI and has taken a series of big initiatives like creating the nation-wide communication backbone for the Banking Sector - INdian FInancial NETwork (INFINET); becoming the Certifying Authority for the BFSI; launching of Structured Financial Messaging System (SFMS) for secure flow of financial messages; instituting Fellowships for Ph. D. in Banking Technology; offering a unique M.Tech. in Banking Technology and Information Security; an intensive Post Graduate Diploma in Banking Technology (PGDBT) and a basket of highly customized Executive Education Programmes. The Institute has six state-of-the-art Research Centres focussed on Analytics, Mobile Banking, Cyber Security, Affordable Technologies, Cloud Computing, and Payment Systems for aiding and promoting cutting-edge Applied Research. Recognizing the research, the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India, has bestowed the status of Scientific and Industrial Research Organization (SIRO) on IDRBT.