Wednesday, January 19, 2022

Indian Institute of Banking & Finance Scheme for Research Fellowship in “Banking Technology” : 2021-22

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Indian Institute of Banking & Finance (IIBF), formerly known as The Indian Institute of Bankers (IIB), is a professional body of banks, financial institutions and their employees in India. Since its inception in 1928, IIBF has emerged as a premier institute in banking and finance education for those employed as well as seeking employment in the sector, aiming for professional excellence.The Institute for Development and Research in Banking Technology (IDRBT) was established by Reserve Bank of India in March 1996 as an Autonomous Centre for Development and Research in Banking Technology. Over the years, the institute has positioned itself at the intersection of academia and industry by focussing on applied research in various areas of technology directly relevant to the banking and financial sector and reaching it to banks through training, publications, banking technology forums, and consultancy.

Description

The research fellowship in Banking Technology, a joint initiative of IIBF and IDRBT, aims to sponsor technically and economically feasible technology research projects which has the potential to contribute significantly to the Banking and Financial Sector. Research proposals, focussed on the following thrust areas of Banking Technology, are invited:    
* Cyber Security
    * Analytics
    * Mobile Banking
    * Emerging Technologies
    * Payment Systems

Position

  • Research Fellowship in Banking Technology

Eligibility

Teams sponsored/identified by research organisations/institutes, as well as individuals working in Banks/Fin-Tech Companies/corporates/research organisations/institutions having a proven track record, are eligible to apply. If the research is undertaken by individuals, the proposal should be routed through their organizations after taking requisite permission, wherever applicable.

The staff / faculty members of IIBF and IDRBT are not permitted to apply for the research fellowship.

The research proposal submitted should, inter alia, with technology at its core, focus on the research objective/s, hypothesis, research design, methodology, execution plan and deliverables of the proposed project.

Research Grant

The selected research project which carries a cash award of Rs.5,00,000/- (Rupees Five lakhs only) will be fully funded by the Institute. On commencement of the project, a part (25%) of the award money may be given by way of advance, based on the request of the researcher. On completion of the project, the researcher will be called to make a final presentation of his/her work done before the committee jointly formed by IIBF & IDRBT. The committee may also include CTOs/CISOs of banks and financial institutions. The balance of the research grant will be disbursed only on acceptance of the final report. In case a report is found unacceptable during the final review, the research organization / researcher will not be paid the balance amount. In case, a research organization/researcher abandons the project mid-way, they would be required to refund the advance availed together with interest at the prevailing MCLR of the State Bank of India (SBI).

How to Apply

Applicant research organizations/researchers are required to submit soft copy of the proposals in English MS Word file along with a brief bio-data highlighting their experience in conducting similar research and forwarding letter from the employer at kratika@iibf.org.in

The last date for submitting the proposals under this scheme is 31.12.2021.

Important Date

Application Submission Deadline 31.12.2021

Job Location 🇮🇳

Indian Institute of Banking & Finance, Kohinoor City, Commercial-II,Tower-1, 2nd Floor, Kirol Road, Kurla (West), Mumbai – 400 070, Maharastra

For Additional Information

The research fellowship in Banking Technology, a joint initiative of IIBF and IDRBT, aims to sponsor technically and economically feasible technology research projects which has the potential to contribute significantly to the Banking and Financial Sector.

Highlights

  • Research Fellowship Opportunity in Indian Institute of Banking & Finance (IIBF)
  • The selected research project which carries a cash award of Rs.5,00,000/- (Rupees Five lakhs only)
  • Research Fellowship Opportunity for Teams sponsored/identified by research organisations/institutes, as well as individuals working in Banks/Fin-Tech Companies/corporates/research organisations/institutions

Post expires on Friday December 31st, 2021

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