Science, Discovery, Tech and Environment · 24 December 2025

Institute for Development and Research in Banking Technology (IDRBT) and International Institute of Information Technology (IIIT), Hyderabad sign MoU for BFSI research

Exam-focused facts from the 24 December 2025 current affairs briefing.

Key facts

  • The Institute for Development and Research in Banking Technology (IDRBT) has signed a memorandum of understanding (MoU) with the International Institute of Information Technology (IIIT), Hyderabad to collaborate in academics, research, training, student exchange and skill development in the banking, financial services and insurance (BFSI) sector.
  • Joint PhD programmes will be offered to researchers in areas such as digital payments, cyber security, vulnerability management, adoption of AI for customer ease, cryptography, blockchain, and fungible and non-fungible tokens.
  • Other areas of collaboration between IDRBT and IIIT-Hyderabad include standardisation and validation of technology in BFSI, development of domain-specific SLMs, cyber security initiatives, and improving user experience.
  • Osmania University (OU) hosted the International Conference on Biotechnological Innovations for Sustainable Development 2025 (ICBISD 2025), featuring over 200 research presentations on biotechnological innovations.