A Joint Building of the School of Computer and Information Sciences (SCIS) and the Institute for Development and Research in Banking Technology (IDRBT) was inaugurated on 20th February 2020 at the University of Hyderabad (UoH) campus.  Sri B. V. R. Mohan Reddy, Executive Chairman, Cyient Ltd. Chairman, BOG, IIT, Hyderabad inaugurated the same in the presence of Dr. A.S. Ramasastri, Director of IDRBT and Prof. Appa Rao Podile, Vice-Chancellor, UoH, officials from CPWD, the contractors for the building, faculty and staff of SCIS, and other officials. This Building has a total area of 28,000Sq. feet and the cost is roughly Rs. 4.08 Crores.

The School of Computer and Information Sciences, in collaboration with the Institute for Development and Research in Banking Technology, started an M. Tech program (in 2001) in Banking Technology and Information Security to create a set of CS professionals with specialised skills required by the banking industry in India. The domain experts at IDRBT helped in developing niche technologies and creating joint research opportunities in areas related to Banking Technologies and Information Technology. Such a symbiotic relationship resulted in building a collaborative space for joint research and academics.

After the inauguration, Prof. Chakravarthy Bhagvati, Dean of SCIS made a brief presentation about the school and Dr. A. S. Ramasastri spoke about the long-term relationship with IDRBT. The Chief Guest, 
 Sri B.V.R. Mohan Reddy highlighted the increased role of computing in the future ‘Education 4.0’ which emphasises customised and individualised quality learning for large numbers of people, and requires re-imagining class-rooms and laboratories. He also exhorted SCIS to continue leading by example with state-of-the-art research and innovative teaching methods.