Dr. Allamraju Subramanya Ramasastri
Dr. Ramasastri has been on the Board since August 08, 2018. He is presently the
Director of Institute for Development and Research in Banking Technology, and is
widely known for his commendable domain knowledge in Banking technology such as
cyber security, analytics, cloud computing, payment systems, in addition to his
other areas of expertise. Prior to joining the Institute, he was the Chief General
Manager-in-charge of Department of Information Technology at RBI. In the RBI, he
had spearheaded many important projects including the implementation of the Next
Generation RTGS, adoption of XBRL and ISO 20022 and preparation of IT Vision of
RBI for 2011-17.
He has authored two books titled ‘Quantitative Methods for Valuation of Assets’
and ‘Quantitative Methods for Banking and Finance’. He had also guided the Bank
of Mauritius, Bank of Malaysia and Bank of Uganda on implementation of Data Warehouse,
XBRL, etc., and delivered talks on standards and technology for data reporting at
the International Monetary Fund and Bank of International Settlements. Currently,
he is on the Boards of IDBI Intech Limited, Data Security Council of India and Indian
Institute of Banking and Finance.
Dr. Ramasastri, holds a Ph.D. in Finance from the Indian Institute of Technology,
Madras and was the top ranker in M.Sc. (Statistics) from Madras University and B.Sc.
(Statistics) from Loyola College, Madras. He also attended Advanced Management Programmes
at the University of Oxford and Kellogg School of Management.