Enactus IIT Delhi, South Indian Bank invite applications for SIB Finathon

NEW DELHI: South Indian Bank, in association with the Enactus - Indian Institute of Technology (IIT) Delhi, has invited applications for its hackathon ‘SIB Finathon’. For information regarding the SIB Finathon, including registration details and real-time event updates, aspirants can visit at southindianbank.com/finathon.

Three hackathon events – gamification, virtual branch, and hyper-personalisation of the mobile application – will be organised at the ‘SIB Finathon’. Aspirants can submit their application till October 10.

The event will be held in two phases, an online screening and shortlisting round, which will be followed by the finale. The entries will be reviewed by an expert panel. The panel will select 15 teams to participate in the co-creation camp at IIT Delhi. Teams selected for the camp will be provided guidance and mentorship by South Indian Bank, IIT Delhi faculty, and experts from event partners such as Mindgate Solutions, OneCard and OSTTRA. The finale will be held at IIT Delhi campus on November 4 and 5. The top three teams will be awarded a total cash prize of Rs 6 lakhs.

Eligibility criteria

Students of IITs, engineering scholars, technology enthusiasts, and working professionals can participate in the event. The SIB Finathon accepts participants from all walks of life, irrespective of prior development experience or background. Aspirants should be Indian citizens and 18 years or older. They should have access to the internet.

Sony A, chief information officer of the South Indian Bank, said, "We have steadfastly remained at the forefront of technological advancements in the banking sector. The SIB Finathon epitomises our dedication to fostering innovation and collaboration. We strongly believe in nurturing young minds and providing them with the platform to showcase their exceptional talent.” The event aims at empowering the next generation of innovators and entrepreneurs to bring forward innovative ideas that will not only shape the future of banking but also have a positive impact on society as a whole, he added.

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Subodh Sharma, assistant professor of Computer Science and Engineering, IIT Delhi, said, “The collaboration with South Indian Bank has been an exhilarating experience for Enactus IIT Delhi. This partnership merges the boundless creativity and intellect of the young minds with the progressive vision of the bank. Empowering the students to think beyond boundaries, this hackathon provides a perfect platform for them to unleash their potential.”

In addition to the hackathon, SIB Finathon will also host a conclave featuring distinguished speakers from the banking, financial services, insurance and technology domains. The conclave will facilitate panel discussions, ample networking opportunities and interactive sessions to enrich the overall experience of participants.