Institute for Development and Research in Banking Technology Institute for Development and Research in Banking Technology The Institute for Development & Research in Banking Technology (IDRBT) is an institution exclusively focused on Banking Technology. Established by the Reserve Bank of India (RBI) in 1996, the Institution works at the intersection of Banking and Technology. It is located in Hyderabad, India. R The main focus of the Institute is on conducting Applied Research and Experimental Development in the area of Banking Technology. The Research at the Institute is directed primarily towards a specific practical objective that will serve the Banking and Financial Sector. Accordingly, the Research and Development activities
Institute for Development and Research in Banking Technology certificates have been issued by the CA. With a view to provide focused attention and enable development of techno-banking in the country, the Institute has promoted a new Section 8 Company named The Indian Financial Technology and Allied Services (IFTAS). Headquartered in Mumbai, the mandate of the IFTAS is to provide IT-related services to the RBI, Banks and other Financial Institutions. Services like INdian FInancial NETwork (INFINET), Structured Financial Messaging System (SFMS) and the Indian Banking Community Cloud (IBCC) has been handed over to IFTAS with effect from April 1, 2016. Institute for Development and Research in Banking Technology The