The Institute for Development and Research in Banking Technology (IDRBT) is a premier Institution focused exclusively on Banking Technology. Established by Reserve Bank of India, the Institute works at the intersection of Banking and Technology, focusing on research and development, which is useful for the Indian Banking and Financial Sector.
The popularity of "App" or "Application Software" has grown tremendously in recent years, with people across nations, irrespective of their age and gender, getting hooked to the "Apps" culture. These apps should facilitate mobility of users.
Indian banks too have been building "Apps", but the requirements of customers and banks may not be met only by the internal teams of banks. Further, "Apps" are an area where there are talented individuals, geeks and small companies, who are working with great passion, and there is a need to tap these apps for the benefit of the banking sector.
Accordingly, in order to provide a big boost to developing "Apps" and bring out the innovations happening in the area of "Apps" which could be useful for the Indian Banking and Financial Sector, the Institute started organising the national level Annual IDRBT Banking Application Contest (IBAC) in 2016. The first IBAC was held on April 11, 2016.
The IBAC aims to serve two key purposes:
The Institute now announces the Second IDRBT Banking Application Contest (IBAC) on April 7, 2017 at IDRBT, Hyderabad.
Participating teams are invited to submit apps for the contest. A team can have a maximum of three members. The scope of the application is limited to the banking sector and is to be developed to facilitate operations in the following areas, but not limited to the following:
Participating teams (with a maximum of three members each) are required to submit a write-up on their proposed application (along with theories, results, screenshots) by January 15, 2017 to email@example.com. A few teams will be shortlisted based on the applicability and quality of their submission.
The shortlisted teams will be asked to demonstrate their Apps in front of an elite panel consisting of Senior Bankers, IT Professionals and Academicians.
All members of the shortlisted teams will be reimbursed Third AC to and fro rail fare by the shortest route to attend the event.
|The submission should have the following content (as a pdf attachment):|
The Subject of the mail should carry "Submission to IBAC 2017".
The body of the email should contain the payment details (NEFT reference number and date of transaction). Also please attach the NEFT receipt along with the email.
Teams have to register on or before January 15, 2017. The Registration Fee is Rs. 1500/- per team. Pay the registration fee using NEFT. Please save the bank transfer receipt for future reference. Bank account details have been given here:
|Name of the A/c||Institute for Development & Research in Banking Technology (IDRBT)|
|Name of the Bank||Axis Bank Ltd, Mehdipatnam Branch, Hyderabad|
|Type of a/c||Savings|
Register your team by filling up the form in : https://goo.gl/forms/Bps4BnJi6slsooxq1
IDRBT invites sponsors for IBAC 2017 in following three categories. The IBAC 2017 will be conducted along with CIO (Chief Information Officer) Forum of the Banks. Thus, this event will be graced by IT Chiefs of Banks. So, it can be a great opportunity to grab the attention of IT Heads of the Indian Banking and Financial Sector.
The sponsorship cost and benefits are as under: