Institute for Development and Research in Banking Technology, Hyderabad

Institute for Development and Research in Banking Technology is one of the top colleges in Hyderabad, Telangana. Here are the details about Institute for Development and Research in Banking Technology Courses, Fees, Placements, cut-off, Ranking, Facilities, and Reviews.

The Institute for Development & Research in Banking Technology (IDRBT) is an engineering training 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. During the first phase of reforms in the Indian Banking and Financial Sector, a need was felt to develop an Institute of Higher Learning, which would also provide Information Technology support to Banks and Financial Institutions.

The foundation for the induction of Information Technology in the Indian Banking and Financial Sector was laid by Dr. Rangarajan Committee’s two reports in the years 1984 and 1989, which strongly recommended the computerization of banking operations at various levels. In the year 1993, the Employees’ Unions of Banks signed an agreement with Bank Management under the auspices of the Indian Banks’ Association [IBA]. This agreement was a breakthrough in the introduction of computerized applications and the development of communication networks in Banks.

In the following two years, substantial work was done and the top management realized the urgent need for research and development activities and training in the area of Banking Technology. Banks and Financial Institutions started setting up training centers and colleges focused on technology.

Courses Offered

Institute for Development & Research in Banking Technology, Hyderabad are offered UG courses at various levels M.Tech in Information Technology, Post Graduate Diploma in Banking Technology (PGDBT). You can also find a brief overview of the different courses the university offers across various disciplines with their specializations on the Course page.

Infrastructure and Facilities:

Institute for Development & Research in Banking Technology, Hyderabad has a large and well-maintained campus and offers a tranquil learning environment. The buildings are modern and equipped with the latest technology from Institute for Development & Research in Banking Technology, Hyderabad which facilitates teaching and teacher development. The classrooms, units, and laboratories of the Institute for Development & Research in Banking Technology, Hyderabad are spacious, comfortable, and designed to ensure the highest quality of education. The library is excellent too, with a huge range of books, online resources, and knowledgeable librarians.

Library

Institute for Development & Research in Banking Technology's computerized library caters to the academic and research needs of the faculty, staff, research scholars, trainees, and students of the Institute through subscription to prime e-journal packages: ACM Digital Library and IEEE ASPP Online Through these subscriptions, library users have full-text access to more than 4 million research articles including journal and conference papers. The library also subscribes to BankInfoSecurity published by Information Security Media Group (ISMG) which provides access to the latest news, blogs, interviews, white papers, webinars, etc. in the area of banking technology with a focus on security. The requirement for articles beyond these packages is met through purchase on a pay-per-view basis.

Accommodation

Institute for Development & Research in Banking Technology There are fully furnished, carpeted, and air-conditioned rooms in the Hostel located on the 5th, 6th, and 7th floors of the Executive Facilities Centre. The rooms have a phone, cable TV, running hot water, and room service around the clock. The Hostel is meant for participants of the seminars, conferences, and executive development programs organized at the Institute.

Faculty

Institute for Development & Research in Banking Technology sessions are addressed by a team of experienced Faculty, who are well-versed in various practical applications of technology. In addition, the Faculty accord special importance to analyzing the subject with real-life case studies to ensure that the participant gets a thorough understanding of the issues. Eminent guest speakers, both from the academia and the industry are invited to address and interact with the participants.

Classroom

Institute for Development & Research in Banking Technology One of the important features of the training at IDRBT is the emphasis on ‘learning by doing’ at its research centers, where participants can work on the latest IT systems to understand the intricacies, in addition to classrooms.

Location

Institute for Development & Research in Banking Technology Located in the heart of the city of Hyderabad, India, the Institute has in place excellent facilities and research centers equipped with the most modern infrastructure to aid high-quality Applied Research and Development, for offering Academic Courses and conducting Executive Education Programmes, Seminars, and Conferences.

The six Research Centres on Artificial Intelligence and Machine Learning, Cyber Security and Data Privacy, Emerging Networks and Cloud Computing, Open and Digital Banking, Quantum Computing, Distributed Ledger and Innovation along with a state-of-the-art library provide the thrust for the Research and Development Activities of the Institute. The Biometric Enabled Access Control Mechanism, which regulates entry, exit, and movement within the Institute helps provide a conducive atmosphere for Research and Academics.

Placement

Institute for Development & Research in Banking Technology has been striving to provide the desired training to officials of banks and financial institutions. The endeavor of the Institute has always been on finding the gaps in the skillset requirements and providing training in those areas through its Executive Development and Education Programmes. The Institute offers holistic Executive Education and Development Programmes that cover the entire gamut of technology applicable to the Banking and Financial Sector including:

Training programs form an inherent part of IDRBT's initiatives in aiding technology absorption in the Indian banking and financial sector and keeping it abreast with the developments taking place in technology. The institute's programs are structured in a way to prepare the top and middle-level managers of Banks and other Financial Institutions for the future of technology banking.

These executive development and education programs mainly focus on identifying the gaps in the skill requirements and then provide training in those areas. The IDRBT provides holistic executive education through these programs that cover the entire spectrum of technology which is applied in the banking and financial sector. The institute offers over 100 programs that train over 2500 bankers every year.

Admission

Institute for Development & Research in Banking Technology offers admission to students in offline mode i.e. students have to fill out the offline admission form by visiting the institute in person. The steps involved in the admission process are provided below: 

Admissions to the M.Tech in Information Technology (with specialization in Banking Technology and Information Security) is done by the University of Hyderabad on an all-India basis. Further, the minimum qualification for admission to the course is as under:

First class with a minimum of 60% marks in Bachelor’s degree in Engineering/Technology (B.E/B.Tech)/ MCA/M.Sc. in (Computer Science/ Information Science/ Electronics) and valid GATE score in Computer Science & Information Technology

Eligibility

The Post Graduate Diploma in Banking Technology (PGDBT) is open both to Direct Candidates and Sponsored Candidates/Employees of Banks and Financial Institutions. The eligibility criteria for the PGDBT are as under:

A candidate must hold a first-class (minimum of 60% marks) Bachelor's Degree in Engineering OR a first-class Master's Degree in any subject with a minimum of 10+2+4 years of formal education. Candidates who are in the final year are also eligible to apply provided they complete the formal education as specified above latest by June 30, 2023.

All direct candidates need to possess a valid score on any one of the following tests at the time of submitting the application form.

Graduate Aptitude Test in Engineering (GATE)

Common Admission Test (CAT)

Graduate Management Admission Test (GMAT)

Graduate Record Examinations (GRE)

Common Management Admission Test (CMAT)

Xavier Aptitude Test (XAT)

Management Aptitude Test (MAT)

AIMS Test for Management Admissions (ATMA)

Vision

To be the premier and preferred Research and Development Institution on Financial Sector Technology and its Management, working at the intersection of Banking and Technology for Indian Banking.

Mission

To envision and foresee technology requirements of the Indian Banking and Financial Sector and Research & Develop the required technologies To incubate and develop state-of-the-art banking technology products and services to facilitate better and easy banking To understand the emerging global technology trends, and its implication, and guide the Indian Banking and Financial Sector accordingly