The Vision of the Institute for Development and Research in Banking Technology is :
"To be the premier and preferred Research and Development Institution on Financial Sector Technology and its Management, working at the intersection of Banking and Technology for the Indian Banking."

The Mission of the Institute for Development and Research in Banking Technology is:

• To envision and foresee technology requirements of the Indian Banking and Financial Sector and Research & Develop the required technologies.
• To incubate and develop state-of-the-art banking technology products and services to facilitate better and easy banking.
• Understand the emerging global technology trends, its implication, and guide the Indian Banking and Financial Sector accordingly.
• To provide Training, Advisory and Consultancy Services on Technology, Technology Infrastructure, and Technology Management matters for Banking and Financial Sector.
• Play a catalytic role in development of Banking Technology as a recognized discipline of study.
• To create a pool of Banking Technology professionals through innovative and quality educational initiatives.
• Participate directly and indirectly in development of standards and best practices.