IDRBT Banking Application Contest (IBAC) - 2016

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.

IBAC

The popularity of "App" or "Application Software" has grown tremendously in recent years. These apps should facilitate mobility of the user. With a view to provide a big boost to developing apps for the Indian Banking and Financial Sector, the Institute is organizing national level IDRBT Banking Application Contest (IBAC) in March 2016 at IDRBT, Hyderabad. This competition aims to serve two key purposes:

  • Indian Banking and Financial Community would get innovative ideas from the best technology talent in the country
  • The Gen Next would get an opportunity to showcase their technology talent through this platform.

Participants' Profile

Participants have to register as a team (maximum of three members in a team) and all members in a team must be either:

  • Less than 25 years of age as on August 31, 2015

  • or
  • Affiliated to any recognized educational institution as a student as on August 31, 2015

  • or
  • A Bank employee as on August 31, 2015.

It is to be noted that a proof of age or studentship or employement for all members in a team needs to be submitted during the registration.

Scope of the Apps

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:

  • Apps for Customers
  • Electronic Payment Systems
  • Mobile Banking
  • Fake Currency Detection, etc.
  • Apps for Managing Business
  • Data Visualization
  • Customer/Product Analysis
  • Transaction Analysis, etc.
  • Apps for Managing Technology
  • SIEM Tools
  • IT Infrastructure Management tools, etc.

Registration

Teams have to register on or before 20th September, 2015 October 10, 2015 and the Registration Fee is Rs 1000/- per team.

Account Details
Name of the A/c Institute for Development & Research in Banking Technology (IDRBT)
Name of the Bank Axis Bank Ltd., Mehdipatnam Road Branch, 13-6-431/D/82/4, AM Arcade, Hyderabad – 500028, Telangana
A/c No 426010100022288
IFSC Code UTIB0000426

"The system does not generate ACK/Receipt at the end of the registration process. For all future communication remember your Team ID and the transaction number."

Format of the Contest


Participating teams are required to submit a writeup on their proposed application (along with theories, results, screenshots) by January 20, 2016. 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.

Attractive Prizes

1st Prize - Rs. 60,000/-
2nd Prize - Rs. 45,000/-
3rd Prize - Rs. 30,000/-

Important Dates

Last date of registration: 20th September, 2015 October 10, 2015
Last date of submission of their App:January 20, 2016 February 01, 2016
Results of shortlisting:January 31, 2016 February 15, 2016
Final Event: March, 2016 April 11, 2016

Call for Sponsorship

IDRBT invites various Organizations/Institutions to be our sponsoring partners, in any one of the following categories:
Platinum Sponsors: Rs. 5 Lakh
Gold Sponsors: Rs. 2.5 Lakh
Silver Sponsors: Rs. 1 Lakh
For contact details, please write to ibac2016@idrbt.ac.in.

Call for Sponsorship

IDRBT invites various Organizations/Institutions to be our sponsoring partners, in any one of the following categories:
Platinum Sponsors: Rs. 5 Lakh
Gold Sponsors: Rs. 2.5 Lakh
Silver Sponsors: Rs. 1 Lakh
For contact details, please write to ibac2016@idrbt.ac.in.

Contact

Dr. Rajarshi Pal
Assistant Professor, IDRBT

Dr. N. Raghu Kisore
Assistant Professor, IDRBT


For details, please write to ibac2016@idrbt.ac.in.