On December 22, 2025, the Institute for Development and Research in Banking Technology (IDRBT) and International Institute of Information Technology, Hyderabad (Telangana) (IIIT-H) signed a Memorandum of Understanding (MoU) to collaborate across academics, research, training, and development.
- The MoU was formalized under the leadership of Prof. Sandeep Shukla, Director of IIIT-Hyderabad; and Dr. Deepak Kumar, Director of IDRBT, with Prof. H. Krishnamurthy, Chief Research Scientist (Retd.) of IISc Bengaluru, also in attendance.
- What? MoU signed
- Entities: IDRBT and IIIT-H
- Purpose: To collaborate across academics, research, training, and development
Key Details of MoU:
Joint Research: The MoU provides a framework for collaborative research including Doctor of Philosophy (PhD)-level work in areas such as Digital payments, Cybersecurity & Vulnerability management, Artificial Intelligence (AI) adoption, Cryptography & blockchain technologies, as well as Fungible Tokens (FTs) and Non-Fungible Tokens (NFTs).
Talent Development: The agreement covers joint academics, research, student exchanges, and training, enhancing skills and real-world exposure in banking technology.
Standardization: Under the MoU, IDRBT and IIIT-H plan to work on standardizing Banking, Financial Services, and Insurance (BFSI) sector and on Specialized Large Models (SLM) for BFSI use cases.
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