Engineering

IIT Kanpur Partners with Bankers Institute of Rural Development for Training and Research

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A New Alliance for Advancement

The Indian Institute of Technology Kanpur (IIT Kanpur) has forged a partnership with the Bankers Institute of Rural Development (BIRD) in Lucknow through its IITK Foundation for Advanced Consulting, Education, and Training (IFACET). This collaboration aims to enhance training and research by adopting a holistic approach to address evolving industry needs.

Focus on Innovation and Skill Development

IFACET and BIRD are committed to developing and updating training modules to keep pace with the latest industry trends and technological advancements. Their primary focus areas include banking and finance, microfinance, FinTech, AgriTech, climate change and finance, digital agriculture, digital banking, human resource development, the integration of artificial intelligence in banking and finance, and cybersecurity.

Joint Certification Programs and Workshops

In addition to creating training modules, the partnership will introduce joint certification programs, offering qualifications that boost professional credentials. These programs will be complemented by workshops and seminars, providing platforms for domain experts and industry professionals to discuss emerging technologies, financial strategies, and changes in regulatory policies.

Comprehensive Training and Networking Opportunities

The collaboration will encompass extensive training programs and faculty support, leveraging the infrastructure and facilities of both institutions. Moreover, networking opportunities will be established through organized events, fostering a community of learning and collaboration among industry professionals and IIT alumni.

Leadership Perspectives

Professor Manindra Agrawal, Director of IIT Kanpur, expressed his enthusiasm for the partnership, stating, “We are thrilled to collaborate with BIRD as it aligns with our mission to promote innovation and excellence in education and research. By combining our expertise, we aim to tackle critical challenges in banking, finance, technology, and agriculture, ultimately providing impactful solutions for the betterment of society.”

Dr. Nirupam Mehrotra, Director of BIRD, shared his insights on the collaboration, saying, “Our partnership seeks to harness IIT Kanpur’s technological expertise and BIRD Lucknow’s domain knowledge to develop sustainable solutions, especially in strategic areas such as digital agriculture and lending, climate finance, and cybersecurity. Together, we are dedicated to driving impactful research initiatives, capacity-building programs, and innovative projects.”

Closing Thoughts

This strategic partnership between IIT Kanpur and BIRD signifies a significant step towards advancing education and research in critical sectors. By focusing on innovation, skill development, and collaboration, both institutions aim to contribute to the growth and development of the banking, finance, and agriculture sectors, ultimately benefiting society as a whole.

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