In which Indian city is the Institute for Development and Research in Banking Technology (IDRBT) located?

Introduction / Context:
This question combines elements of Indian economic geography and institutional awareness. The Institute for Development and Research in Banking Technology, commonly known as IDRBT, is an important institution that supports research, development, and technology adoption in the banking sector. Knowing where such institutes are located is a frequent theme in banking, financial awareness, and general knowledge examinations.

Given Data / Assumptions:

• The institution in focus is the Institute for Development and Research in Banking Technology (IDRBT).
• The task is to identify the Indian city where IDRBT has its headquarters and main campus.
• The options are Hyderabad, Bengaluru, Chennai, Mumbai, and New Delhi.
• We assume standard exam references that describe IDRBT as closely linked to the central banking system and financial technology research in India.

Concept / Approach:
IDRBT was established by the Reserve Bank of India to serve as a research and development institution specifically for banking technology. It plays a central role in payment systems, secure communication networks, and innovations in banking technology infrastructure. This institute is located in Hyderabad, which has grown as a major hub for information technology and financial services in India. While other cities such as Mumbai and Bengaluru are also financial and technology centres, IDRBT is specifically headquartered in Hyderabad.

Step-by-Step Solution:
Step 1: Recall the full form of IDRBT and its association with the Reserve Bank of India and banking technology. Step 2: Connect IDRBT with the city known as a strong information technology hub and a preferred location for several financial back offices, which is Hyderabad. Step 3: Recognise that Mumbai is the financial capital of India but is primarily the location of RBI head office and many banks, not of IDRBT. Step 4: Note that Bengaluru and Chennai are important technology cities but are not mentioned in standard references as the location of IDRBT headquarters. Step 5: Choose Hyderabad as the correct answer.

Verification / Alternative check:
Verification is easy using official sources. The website and publications of IDRBT clearly state Hyderabad as its location, often giving the full address in that city. Financial awareness guides and banking exam preparation material also mention that IDRBT is based in Hyderabad while describing its role in payment systems and secure financial networks. These independent sources confirm that Hyderabad is the correct city.

Why Other Options Are Wrong:
Bengaluru, although a major information technology city, does not host IDRBT as its main institution. Chennai has significant banking and information technology presence but is not the headquarters of IDRBT. Mumbai is the base of many banks and the Reserve Bank of India itself, but the specialised technology institute in question is located elsewhere. New Delhi is the political capital and has many national institutions but is not the home of IDRBT. Therefore none of these alternatives matches the specific institutional location asked in the question.

Common Pitfalls:
A common mistake is to assume that because RBI is headquartered in Mumbai, its associated technology institute must also be there. Another pitfall is to pick Bengaluru due to its strong reputation as a technology city without checking the exact fact. To avoid such errors, it is helpful to maintain a short list of key institutions and their locations, such as IDRBT in Hyderabad, RBI in Mumbai, and SEBI in Mumbai, so that you can differentiate clearly in the exam.

Final Answer:
Hyderabad