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IIM Sambalpur Hosts Metaverse Banking Conference with ICSSR

IIM Sambalpur's Metaverse Banking conference explores digital finance, AI, and VR innovations with ICSSR, industry leaders, and academic experts.

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🌐 IIM Sambalpur Explores Future of Metaverse Banking at ICMBFT 2025
IIM Sambalpur, in collaboration with the Indian Council of Social Science Research (ICSSR), hosted the International Conference on Metaverse Banking and Financial Transformation (ICMBFT 2025). Themed "The Metaverse Bankscape for Viksit Bharat @2047: Trends, Tech & Transformation", the conference brought together academicians, fintech disruptors, policymakers, and industry leaders to explore the rapidly evolving landscape of digital banking in India.

With more than 100 participants and 80+ research papers, the event served as a platform for rich dialogue on how emerging technologies—Metaverse, Web3, Artificial Intelligence, Blockchain—are poised to revolutionize financial services, improve inclusion, and build a more digitally empowered economy.

 

💡 Key Focus Areas of the Conference

Tech Topics Discussed

Implications in Finance

Metaverse Banking

Virtual branches, immersive banking

Web3 & Blockchain

Secure, decentralized transactions

Artificial Intelligence

Personalized customer engagement

Augmented/Virtual Reality

Interactive financial services

Data Security

Focus on cyber safety and compliance

 

🧠 Thought Leaders Speak

Prof. Mahadeo Jaiswal, Director of IIM Sambalpur, emphasized the importance of preparing the next generation with AI-driven, experiential learning. He said:

“We are building a digitally savvy talent pool for governance, public service, and future industries. Initiatives like AI-powered classrooms and the B.S. Programme in Data Science & AI reflect our commitment to shaping future-ready leaders.”

Dr. Praveen K. Choudhary (HCL Technologies) spoke on integrating cloud, zero-trust security, and immersive UX in modern banking, while Samarendra Mohanty (Group CIO, Melstar InfoTech) emphasized:

“To innovate in virtual banking, understanding customer behavior through data is the key. Insight comes before technology.”

Dr. Atul Tripathi (National Maritime Foundation) added:

“In this digital age, data protection and cybersecurity are mission-critical, opening up new career paths in risk and compliance.”

The discussion was moderated by Sagar Vaishnavi, Manager at Boston Consulting Group.

 

🏛️ About IIM Sambalpur

One of India’s youngest yet most dynamic IIMs, IIM Sambalpur is known for its diverse classrooms, AI-enabled learning, and sustainable campus initiatives. Located on a sprawling 200-acre campus, the institute is also a torchbearer for gender diversity and entrepreneurial thinking.

🔍 Institute Highlights

Aspect

Details

Campus Area

200 acres, inaugurated by PM Modi in 2024

Flagship Program

2-Year Full-time MBA (via CAT)

New Courses

B.S. in Data Science & AI, Public Policy

MBA Fee

₹13.04 Lakh

Average Package (2023)

₹16.64 LPA

Highest Package (2023)

₹64.61 LPA

New Centres

Incubation Centre, Rangavati Centre of Excellence

Tech Integration

AI-powered classrooms via Breakout Learning

Global Links

Dual degree with French universities

 

📝 Summary of the News

IIM Sambalpur’s ICMBFT 2025 showcased how Metaverse, AI, VR, and blockchain are not just buzzwords, but driving the next chapter of banking and financial inclusion. With its visionary leadership, forward-thinking academic design, and tech-first approach, the institute is paving the way toward Viksit Bharat @2047. This international conference further established IIM Sambalpur’s role as a catalyst in India’s digital finance revolution.

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