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Explore, Enable, Excel
From the Director's Desktop...
Happy New Year 2017!!!
E organized the Banking Technology Excellence
WAwards function at IDRBT on July 18, 2016.
Dr. Raghuram Rajan, Governor, Reserve Bank of India
graced the occasion and gave away the awards to the
winning banks. Our publication “Banking Technology in
India: Present Status and Future Trends” was released by
theGovernor.
We have been striving to make the publication very
informative, by including invited articles from the top
technology officials of banks, IBA and IIBF in addition to
the report prepared by our knowledge partner using the
data obtained as part of the awards process. The other
important publication released during the awards importanttopicsrelevanttobankingtechnologyandare
function was the “Cyber Security Checklist” by expectedtofillthegapintheskillsetinbankingindustry
Shri R. Gandhi, Deputy Governor, Reserve Bank of India fromthisyearonwards.
and Chairman, IDRBT. We have been receiving feedback
frombankersthatthechecklisthasbeenquiteuseful. Blockchain Technology (BCT) is being looked closely by
academicians, governments and industry in view of its
Taking a cue from the usefulness of the two forums, ability to provide a distributed ledger platform, using
IDRBT has been coordinating – CISOs Forum and CIOs which several applications can be designed, developed
Forum, the Institute has mooted the idea of forming a and deployed. The Institute has been in the forefront in
Forum for Analysts in Banks. Accordingly, a preliminary not only studying the features of BCT, but also in its
meeting was conducted on November 16, 2016, wherein adoption to Indian Banking and Financial Sector. In the
important stakeholders from banks have participated. process, the Institute has formed a Working Group to
There has been general appreciation of the initiative of prepare a White Paper detailing all aspects relating to
the Institute to start a forum for Analysts. On the BCT like concept, concerns, global experiences,
occasion of the meeting, a publication of the Institute applicable areas in the Indian scenario and Proof-of-
titled “Digital Banking Framework” was released by the Concept for a specific case. The White Paper is planned
Chief Guest, Dr. Rajeeva Karandikar, Director, Chennai tobereleasedonJanuary5,2017.
MathematicalInstitute.
It is the day on which the International Conference on
The other important activities of the Institute included a Distributed Computing and Networking (ICDCN) will be
2-day Conference on Banking Technology for Members inaugurated by Dr. Duvvuri Subbarao, Former Governor,
of Boards of Banks and the 10-day international Reserve Bank of India, along with the release of the
.
programme on nformation S ecurity organized in WhitePaperonBCT TwoworkshopsonBCTareplanned
I
collaboration with SUNY, Buffalo. The Annual IDRBT prior to and during the conference in collaboration with
Doctoral Colloquium (IDC) has been growing as an IIT,BombayandIBM.
attractive event for doctoral students to show case their Whatanexcitingwaytostartthenewyear!
a
high quality research work. There has been very good
response from students of reputed institutes for the IDC WishingyouallaveryHappyNewYear2017.
organizedduringDecember8-9,2016.
The Institute has commenced the one-year Post
Graduate Diploma in Banking Technology (PGDBT)
course from July 2016. The students are exposed to all
(Dr. A. S. Ramasastri)
Fast Forward | January 2017
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