Institute for Development & Research in Banking Technology (IDRBT) is a banking research institute established in 1996 by Reserve Bank of India (RBI). It is located in Hyderabad, India. RBI established IDRBT with the aim of providing the operational service support in information technology to banks and financial institutions. The first phase of reforms in the Indian financial sector precipitated the need for an apex-level institute for implementing banking technology and technology absorption in the Indian banking and financial sector. IDRBT is also an academic institution that offers a range of academic and research programmes, designed specifically to meet both the existing and emerging requirements of the Banking and Financial Sector in India. IDRBT also offers consultancy in banking technology and related areas to banks and financial institutions. Consultancy is taken up not only for solutions offered by the Institute but also in the various routine facets of I.T. in banking. Some of the areas of consultancy are security technologies, IT strategy, technology planning and upgrades, networking, electronic payment systems, information systems audit, IT infrastructure audit, information security policy, data warehousing, data mining, risk management, customer relationship management and beyond-core banking.