Updated On - March 7th 2025, Updated By - Danish



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IDRBT Hyderabad Admission: India’s banking system uses three important technologies to work smoothly. INFINET started in 1999, is like a super-fast, secure internet just for banks. It began with satellites (like the INSAT-3B) and later switched to an advanced tech called MPLS, which acts like a data superhighway to keep transactions safe. SFMS, launched in 2001, is a secret messaging system banks use to send money (like NEFT for online transfers or RTGS for big instant payments) and manage government funds securely. NFS, begun in 2004, connected all ATMs across India so you can withdraw cash from any bank’s machine—even if it’s not yours! Starting with just 3 banks, it grew to over 49,000 ATMs by 2009. Together, these systems make banking faster, safer, and easier for everyone!

Institute for Development And Research In Banking Technology, Hyderabad

College NameInstitute for Development and Research in Banking Technology
College TypePrivate
Accredited byAICTE
LocationCastle Hills, Road No.1, Masab Tank, Hyderabad-500 057
Rankings-
Campus Area-
Application ModeOnline & Offline 
ChairmanDr. C. Rangarajan
Accommodation FacilityFor both (Boys & Girls)
How to Reach-
Founded In1999
LibraryYes
Sports FacilitiesYes
Distance LearningNo
Wikipedia Page Click Here

Institute For Development And Research In Banking Technology, Hyderabad Courses & Fees 2025:

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