Assistant Professor- Banking and Financial Technology jobs in Hyderabad at IDRBT

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The last date to apply for IDRBT Recruitment 2022 is 18/07/2022. Follow the application process below and apply.

More information about this Assistant Professor- Banking and Financial Technology Job

What are the job requirements to apply for this Assistant Professor- Banking and Financial Technology job position?

Ans: A candidate must have a minimum of fresher as an Assistant Professor- Banking and Financial Technology

What is the qualification for this job?

Ans: The candidate can be a Graduate from any of the following: M Phil / Ph.D

What are the salary requirements for this job?

Ans: The salary range is between 57700 and 98200 Monthly. The Salary will depend on the interview. This Assistant Professor- Banking and Financial Technology is a Full Time in Hyderabad.

What is the hiring Process of this job?

Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.

This Assistant Professor- Banking and Financial Technology is a work from home job?

Ans: No ,its not a Work from Home Job.

How many job vacancies are opening for the Assistant Professor- Banking and Financial Technology position?

Ans: There are immediate 4 job openings for Assistant Professor- Banking and Financial Technology in our Organisation.

Who is eligible to apply for this Assistant Professor- Banking and Financial Technology job?

Ans: The mentioned job is open to both Male and Female candidates.

During the first phase of reforms in the Indian Banking and Financial Sector, a need was felt to develop an Institute of Higher Learning, which would also provide Information Technology support to Banks and Financial Institutions.

The foundation for induction of Information Technology in the Indian Banking and Financial Sector was laid by Dr. Rangarajan Committee's two reports in the years 1984 and 1989, which strongly recommended computerisation of banking operations at various levels.

In the year 1993, the Employees' Unions of Banks signed an agreement with Bank Managements under the auspices of Indian Banks' Association [IBA]. This agreement was a major breakthrough in the introduction of computerised applications and development of communication networks in Banks.

In the following two years, substantial work was done and the top managements realised the urgent need for research and development activities and training in the area of Banking Technology. Banks and Financial Institutions started setting up training centres and colleges focused on technology.

In this context, a need was felt for an Apex-level Institute, which would be the Brain Trust for Banking Technology and Spearhead Technology Absorption in the Indian Banking and Financial Sector. In the year 1994, a committee on 'Technology Upgradation in the Payment Systems' was constituted. The committee recommended a variety of payment applications which can be implemented with appropriate technology upgradation and development of a reliable communication network.

The committee also suggested setting up of an Information Technology Institute for the purpose of Research and Development as well as Consultancy in the application of technology to the Banking and Financial Sector of the country.

As recommended by the Committee, the Institute for Development and Research in Banking Technology [IDRBT] was established in March 1996 as an Autonomous Centre for Development and Research in Banking Technology.