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
Reserve Bank of India up based on the recommendations of the 1926 Royal Commission on Indian Currency and Finance, also known as the Hilton–Young Commission. The original choice for the seal of RBI was The East India Company Double Mohur, with the sketch of the Lion and Palm Tree. However, it was decided to replace the lion with the tiger, the national animal of India. The Preamble of the RBI describes its basic functions to regulate the issue of bank notes, keep reserves to secure monetary stability in India, and generally to operate the currency and credit system in the best interests of the