Dr. A. S. Ramasastri
Director, IDRBT & Chairman, IFTAS
Email: asramasastri(at)idrbt(dot)ac(dot)in



Dr. A. S. Ramasastri is the Director of IDRBT, an institute established by Reserve Bank of India for Research and Development in Banking Technology and the Chairman of IFTAS, a company promoted by IDRBT for providing technology and allied services to financial sector. In his current assignments, he has been leading the initiatives of IBCC, Indian Banking Community Cloud for providing cloud based services to both commercial and cooperative banks. Cyber defence, Analytics, Open Sources are some of his other important areas of focus.

Prior to joining the Institute, Dr. Ramasastri was the Chief General Manager-in-charge of Department of Information Technology at Reserve Bank of India. In the RBI, he has spearheaded many important projects including the implementation of the Next Generation RTGS, guidelines on shared resources, adoption of international standards like XBRL and ISO 20022, conceptualizing and guiding of banks on Automated Data, and preparation of IT Vision of RBI for 2011-17. His initiatives of XBRL and ADF have been globally recognized and has received "Award of Excellence" from XBRL International.

Dr. Ramasastri authored two books titled 'Quantitative Methods for Valuation of Assets' and 'Quantitative Methods for Banking and Finance'. The former has been published in Chinese too. He has to his credit several articles on Finance, Banking and IT in eminent journals and newspapers.

He has 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.

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 has also attended Advanced Management Programmes at the University of Oxford and Kellogg School of Management.