Institute for Development and Research in Banking Technology Invites Application for Research Associate (RA) Recruitment 2022

The foundation for 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 computerisation of banking operations at various levels. In this context, a need was felt for an Apex-level Institute, which would be the Brain Trust for adoption and absorption of technology in BFSI sector. In the year 1994, a committee under the Chairmanship of Shri W. S. Saraf, Executive Director, Reserve Bank of India, was constituted. The Committee, inter alia recommended that RBI may set up Institute for Development, Research, training, consultancy for application of technology in BFSI sector. This recommendation fructified in establishment of the Institute for Development and Research in Banking Technology [IDRBT] in March 1996 as a Society under Society Registration Act. The Institute became financially independent since 2004.

The aims and objectives of IDRBT is governed by the Governing Council (GC) and is the apex policy making body at IDRBT. Shri N. S. Vishwanathan, Ex. Deputy Governor, Reserve Bank of India is the Non-Executive Chairman.