brochure single pages final.cdr - IDRBT

Genesis
In the first phase of financial sector reforms, a need was
felt to develop an Institute of Higher Learning, which
could also provide Operational Service Support in
Information Technology to Banks and Financial
Institutions.
In 1994, the Reserve Bank of India, formed the
Committee on Technology Upgradation in Payment
Systems. This committee recommended the setting up
of an Information Technology Institute for Research and
Development as well as providing Advisory Services in
the Application of Technology to the Indian Banking
and Financial sector.
As recommended by the Committee, the Reserve Bank
of India, established the Institute for Development and
Research in Banking Technology (IDRBT), in 1996, as
an autonomous centre for Development and Research in
Banking Technology. The Institute is governed by a
Governing Council, consisting of the top management
of Reserve Bank of India, Academic Experts and
Industry Leaders.
Mission
The Mission of the Institute is to:
be a Globally Reckoned Centre for Research,
Development and Advisory Services in Banking
Technology
create a pool of Banking Technology and
Information Security Professionals through
innovative educational initiatives
impart Quality Training to the Banking and
Financial Industry
be the Leading Institute of the Financial Community
on Technology Issues.
IDRBT Initiatives
IDRBT has pioneered technology absorption in the
Indian Banking and Financial Sector. The Institute has
taken the lead in every aspect of Banking Technology,
DISCUSSING STRATEGIES: Dr. Y.V. Reddy, Governor,
Reserve Bank of India, with Dr V.P. Gulati, Director, IDRBT
right from Technology Infrastructure Creation, Research
and Development to moulding the Technology Talent
for the Sector.
In a short span, IDRBT has taken a series of
major initiatives such as setting up the INdian FInancial
NETwork (INFINET) - the nationwide communication
backbone for the Industry, becoming a Certifying
Authority under the IT Act 2000, launching the
Structured Financial Messaging System (SFMS) for
secure flow of financial messages across the industry and
implementing the Mail Messaging System for enabling
secure communication within and among organisations.
In the academic arena, the Institute started a unique
M.Tech. course in Banking Technology and Information
Security, a fast-track Post Graduate Programme in
Banking Technology Management and a Ph.D
Programme in the areas of Information Technology and
Management in association with reputed
Universities/Institutes. IDRBT also offers a bouquet of
highly customised Executive Development Programmes
to keep the sector abreast with the latest.

The Institute is actively engaged in a number of Research
Projects, aimed at developing the standards and systems
of Banking Technology at the industry and national
levels. IDRBT also provides Advisory Services to Banks
and Financial Institutions on various Technology related
issues.
Technology Initiatives
INdian FInancial NETwork
IDRBT made history by launching the INdian FInancial
NETwork (INFINET) - the nationwide Closed User
Group Communication Backbone for the Banks and
Financial Institutions in India. Commissioned on June
19, 1999, the INFINET uses a blend of
communication technologies such as VSATs, Terrestrial
Leased Lines and ISDN Lines. Presently, it operates on
INSAT 3A and has over 2000 VSATs in 300
locations including major cities and important towns
across the country. The Leased Line Network (LLN)
connects 21 major cities, through redundant 2 Mbps
Leased Lines. The VSAT Network is also broadbandenabled
with high bandwidth outroute and inroutes.
Various inter-bank and intra-bank applications ranging
from Simple Messaging, MIS, EFT (Retail), Electronic
Clearing Service (ECS) for both Credits and Debits,
Online dealing and trading in Government Securities,
Centralised Funds Management System (CFMS) for
Banks and FIs, Anywhere/Anytime Banking, Inter-
Branch Reconciliation, Structured Financial Messaging
System (SFMS) and Real Time Gross Settlement
(RTGS) System are ported on the INFINET. The
Network has maintained 99.99% uptime right since its
inception.
Certifying Authority
IDRBT is a Certifying Authority (CA) licensed by the
Controller of Certifying Authorities (CCA), Ministry
of Communication and Information Technology,
Government of India, under the IT Act 2000. With
TALKING TECHNOLOGY: Dr. C. Rangarajan, Founder-Chairman
of the Institute, is all ears as Dr. V.P. Gulati, Director, IDRBT,
makes a point
the Digital Certificates issued by IDRBT, Banks and FIs
can build-in full-fledged security including digital
signatures and data encryption in their electronic
communications, transactions and applications.
The IDRBT CA Services are aimed at facilitating
speedy, authentic, secure and cost-effective electronic
financial transactions, thereby paving the way for
improved customer service and satisfaction and also
ensuring economic development at a faster pace.
The IDRBT Digital Certificates are being used for
various applications including CFMS, RTGS, PDO-
NDS, SFMS, RBI NCC EFT, Corporate E-mail,
Online Tax Assessment System (OLTAS) NSDL
Application, STEPS of SBI, and Collateralised
Borrowing & Lending Obligation (CBLO) of the
CCIL.

Structured Financial Messaging System
The Structured Financial Messaging System (SFMS) is a
secure and common messaging platform for intra-bank
and inter-bank applications. A SWIFT-like system to
fulfill the needs of domestic financial messaging, the
SFMS can be used for all purposes of secure
communication within and between banks.
The SFMS is a modularised and web enabled software,
with a flexible architecture facilitating centralised or
distributed deployment. The access control is through
Smart Card based user access and messages are secured
by means of standard encryption and authentication
services conforming to ISO standards (PKI). Special
features like Secure File Transfer, useful for transferring
any data/information in a secure manner and easy-to-use
Application Programming Interfaces to integrate with
other applications, are exclusive to the SFMS.
Various RBI applications like Real Time Gross Settlement
(RTGS), Integrated Accounting System (IAS),
Currency Chest Operations, and Government
Transactions have interface with the SFMS for
messaging. Moreover, use of SFMS is not restricted
only to computerised or partially computerised
branches.
Mail Messaging System
IDRBT's Mail Messaging System (IMMS) is another
major industry-level initiative that provides the best
option for easy and secure communication within the
bank and between banks with seamless integration to the
Internet with appropriate and adequate security.
The IMMS provides a unique corporate
e-mail facility to the Banks that enables the
users to have a single, permanent e-mail
address, like designation@bankname.co.in or
username@bankname.co.in. The designation-based
official e-mail addresses provide instant access to the
new incumbent and the user-name-based demi-official e-
mail address provides instant access to a particular
person, wherever s/he goes, without the need for
changing the e-mail address.
WALKING THE TALK: Dr. Bimal Jalan, arriving at the Institute
for presenting the IDRBT Banking Technology Awards
With over 20,000 mails passing through the system on
weekdays and 20 Public Sector Banks, including the
Reserve Bank of India making use of it, the IMMS is
one of the largest Messaging Systems in the country.
Banking Technology Awards
In order to infuse a spirit of healthy competition among
the Public Sector Banks of the country, IDRBT instituted
the Banking Technology Awards in the year 2001.
These Awards are meant to act as catalysts by
recognising and rewarding the efforts of banks aimed at
better use of technology, greater levels of technology
absorption and improved levels of customer service and
satisfaction.
The Awards are given away in five categories:
Best Bank Award - Delivery Channels
Best Bank Award - Business Computerisation
Best Bank Award - Back Office Applications
Best Branch Award - Techno-Savvy and
Customer-Friendly Branch
Special Branch - Techno-Savvy and
Award
Customer-Friendly Branch

These Awards, the best indicators of the rate of
technology implementation and absorption in the Public
Sector Banks, are presented at the Annual Conference
of Chairman and Managing Directors (CMDs) and
Executive Directors (EDs) of all Public Sector Banks in
India, held at IDRBT, Hyderabad.
Counselling the Captains
The Institute organises the IDRBT Annual Conference
to focus the personal attention of the CEOs of banks on
the important issues in technology upgradation and
innovation in the Sector. This conference, provides a
forum for the captains of public sector banks, to share
their experiences and concerns on various matters
relating to technology adoption and absorption. It is
addressed by the Governor of Reserve Bank of India,
Secretaries from the Union Ministry of Communication
and Information Technology, renowned Academicians
and eminent leaders from the Industry.
IDRBT also organises workshops, seminars and
conferences for the benefit of IT Chiefs of Banks
regularly. These meets focus on the entire gamut of
economic and managerial issues in implementing
technology initiatives in banks. Focussed presentations,
debates and deliberations on crucial applications like
Core Banking, ATM Services and Messaging Solutions
form the basic agenda for these meets.
Academic Initiatives
Research and Development
The Research and Development activities of the Institute
are aimed at expanding the frontiers of knowledge to
meet the specific needs of the Banking and Financial
Sector. While addressing the immediate concerns of the
Banking Sector, the Research at the Institute is focused
towards anticipating the future needs and requirements
of the sector and developing technologies to address
them.
Presently, the Focal Research Areas of the Institute, are:
HIT THE TARGET: Shri Vepa Kamesam, Chairman, IDRBT,
stressing on the need to technologise the sector at the
earliest during the IDRBT Annual Conference
Financial Networks and Applications
Electronic Payments and Settlement Systems
Security Technologies for the Financial Sector
Technology Based Education, Training
and Development
Financial Information Systems and Business
Intelligence
A galaxy of focused Research Projects, which include
long-term basic, developmental, application-oriented
and industry-oriented projects form the crust of our
Research activities. The Institute has already completed
quite a few Research Projects and the results of this
Research are being implemented in the Indian Banking
and Financial Sector.
IDRBT is also involved in nationally important Research
Projects in association with the Ministry of
Communication and Information Technology,
Government of India; Reserve Bank of India; and other
reputed organisations.

Ph.D Programme
The Institute is a recognised centre for pursuing Research
leading to Ph.D. in the areas of Information Technology
and Management Studies. IDRBT started this
Collaborative Research Fellow Programme with reputed
Universities/Institutes from the academic year 1999-
2000.
The Research Fellows work at the Institute on projects
related to Banking Technology, specifically in the focal
Research areas of the Institute and simultaneously get
registered for the Ph.D Programme of the
University/Institute after fulfilling their respective
admission requirements.
M.Tech. in Information Technology
IDRBT offers a unique two-year M.Tech in Information
Technology (with specialisation in Banking Technology
and Information Security) in collaboration with the
University of Hyderabad. The programme derives its
strength from the fact that the Banking Industry is
becoming increasingly dependent on Information
Technology to retain its competitiveness and adapt to
the ever-evolving business environment.
The course is designed to impart in-depth knowledge
and expertise to the students through innovative
learning, supported by high calibre research and
technology leadership. This multi-disciplinary
programme merges the new and emerging Information
Technologies with the domain expertise in the evolving
field of Banking and Financial Services.
The curriculum, spread over four semesters, consists of
courses on Core Computer Science, Banking
Technology and Information Security, which provide a
right mix of various aspects of Computer and Information
Security, and a year-long Project. Admissions to the
M.Tech are made on an all-India basis in order of merit in
the nationwide entrance examination.
THE FIRST STEP: The Inaugural Batch of the Post Graduate
Programme in Banking Technology Management
Post Graduate Programme in
Banking Technology Management
The Post Graduate Programme in Banking Technology
Management (PGPBTM) is a fast-track Programme
designed to provide to the Banking and Financial Sector
in India, regularly, a pool of talented professionals with
technology expertise and managerial excellence to
strongly support the technology deployment initiatives
from key managerial positions in senior and top
management levels.
This one-year programme provides essential learning
inputs on technology implementation, integration and
management to the candidates to help them meet the
changing requirements of the Sector. The focus of the
programme is more on Management Issues and
Concepts involved in Implementing Technology than on
the core Technology Issues themselves.
The PGPBTM is envisaged to produce all-round
professionals of the highest-calibre on par with the
products of the Best Business Schools in India and
abroad. Admissions to the course are based on
CAT/ATMA scores, group discussions and interview.

Executive Development Programmes
The Institute conducts short-term programmes
frequently for the top-level executives and professionals
from Banks, Financial Institutions, IT Institutes, etc.
These programmes are aimed at providing specialised
exposure and training in various areas of immediate
relevance to the Banking and Financial Industry such as
Payment Systems, Security Technologies, Smart Cards,
Cyber Crimes, Data Warehousing, Data Mining,
Emerging Trends in Banking Technology, Information
System Audit, E-Learning, Software Engineering,
Decision Support Technologies, Open Source
Technologies and Internet Banking.
Extensive hands-on experience is an integral part of
these programmes. The Institute also conducts
customised programmes to meet the specific needs of
individual banks and financial institutions.
Facilities
The Institute has in place excellent infrastructural
facilities and labs equipped with the most modern
systems to aid high quality Research and Development
and to provide the right ambience for Academic and
Executive Development Programmes. These facilities are
being constantly upgraded with the latest systems,
devices and tools to keep pace with the ever-changing
technology trends.
Presently, the Institute has a Security Technology
Lab, Network Lab, Business Intelligence Lab, E-Check
Lab, Linux Lab, Multimedia Lab, and two Computer
TECH-KNOWLEDGE FIRST: Bharat Ratna Dr. A.P.J. Abdul Kalam
scans a book at the IDRBT Library
Labs for focused research, development and training.
The Institute also has a fully computerised Library, which
has a carefully chosen collection of very rich and
valuable resources focusing on technology and
management.
The IDRBT campus consists of an Academic Block, an
Executive Facility Centre equipped with a state-ofthe-art
gymnasium and an Executive Development
Centre. A landscape garden with a wide variety of
flower plants and fountains lends a touch of tranquility
and natural splendour to the campus. The Smart Card
Enabled Access Control Mechanism, which regulates
entry, exit and movement within the Institute helps
provide a conducive atmosphere for Research and
Academics.
Contact
We invite you to visit us at http://www.idrbt.ac.in for further details about our activities and initiatives.
Alternatively, e-mail in to publisher@idrbt.ac.in or write to us at:
The Publisher,
INSTITUTE FOR DEVELOPMENT AND RESEARCH IN BANKING TECHNOLOGY,
Castle Hills, Masab tank, Hyderabad, 500 057, Andhra Pradesh, India
Ph: +91-040-23534981 (8 Lines), Fax: +91-040-23535157

Institute for Development and
Research in Banking Technology
(Established by Reserve Bank of India)
Castle Hills, Road No.1, Masab Tank,
Hyderabad, 500 057, India.
EPABX : +91-040-23534981(8 Lines),
Fax : +91-040-23535157
E-Mail : publisher@idrbt.ac.in
Visit us at : http://www.idrbt.ac.in

Governing Council
VISITOR
Dr. Y. V. Reddy, Governor, Reserve Bank of India
CHAIRMAN, GOVERNING COUNCIL
Shri Vepa Kamesam, Former Deputy Governor,
Reserve Bank of India
MEMBERS
Shri A. K. Purwar, Chairman, State Bank of India
Shri V. Leeladhar, Chairman, Indian Banks' Association
Dr. R. B. Barman, Executive Director, Reserve Bank of India
Shri A. V. Sardesai, Executive Director, Reserve Bank of India
Dr. M. S. Vijayaraghavan, Chief Executive Officer, Society for
Integrated Circuit Technology & Applied Research, Bangalore
Shri H. Krishnamurthy, Principal Research Scientist,
Indian Institute of Science, Bangalore
Prof. D. B. Phatak, Subrao Nilekani Chair, K. R. School of
Information Technology, IITB, Mumbai
MEMBER SECRETARY, GOVERNING COUNCIL
Dr. V. P. Gulati, Director, IDRBT
THE IDRBT TEAM
DIRECTOR
V.P. Gulati
Payment Systems, Security Technologies, Financial Networks, Banking Applications
P. Radha Krishna
Data Warehousing, Data Mining,
Pattern Recognition
ASSOCIATE PROFESSORS
Ashutosh Saxena
Security Technologies,
Payment Systems, Smart Cards
Contd....

ASSISTANT PROFESSORS
V.N. Sastry
Software Engineering, E-Learning, Web Based
Decision Support Technologies
M.V. Sivakumaran
Banking Technology, E-Learning,
Web Based Applications
V. Radha
Computer Applications,
Databases, Internet
Mahil Carr
E-Commerce, E-Governance,
Open Source Technologies
FACULTY RESEARCH ASSOCIATES
M.V.N.K. Prasad
Digital Image Processing,
Security
Arijit Laha
Pattern Recognition, Neural Networks,
Fuzzy Systems
FACULTY ON DUTY/DEPUTATION FROM BANKS
A. R. Dani
Structured Financial Messaging System,
Distributed Systems,
Database Systems, Artificial Intelligence
D. P. Dube
Enterprise Security Framework, Information System
Audit, Benchmarking of Internet Banking,
Operational Risk Management
M. Varadaraja Iyer
Linux and Open Source Technologies,
Messaging Systems, Risk Management,
Asset Liability Management
Sambhavi Chandrasekar
Electronic Payment Systems, Information Security,
E-Learning, Open Source Technologies,
Banking Technology
T. K. Srivani
Data Warehousing, Data Mining, Pattern Recognition
S. S. Subramanian
Chief General Manager, INdian FInancial NETwork & Applications
V. Visweswar
R. Mani
Deputy General Manager,
Deputy General Manager,
Mail Messaging System Services
Structured Financial Messaging System Services
N. Rajendran
Deputy General Manager,
INdian FInancial NETwork Services
INFINET SERVICES
N. P. Dhavale
Deputy General Manager,
Certifying Authority Services
ADMINISTRATIVE SERVICES
P. Ratna Kumar, Library and Information Services
D.N. Venkatesh, HR & Administration
Vijay Belurgikar, Accounts
B. Sekhar, Estate
S. Rashmi Dev, Publications