Tag: BFSI Sector

Finance

HDFC Bank Inaugurates Tech & Digital Factory in Guwahati to Boost AI and Cybersecurity Talent

Swara Bodke

Written by Intern Swara Bodke || Team Allycaral

India, 2026: HDFC Bank, India’s leading private sector bank, has inaugurated its new Tech & Digital Factory in Guwahati, marking its first such facility in Assam and the fourth nationwide. The bank already operates similar Tech & Digital Factories in Mumbai, Bengaluru and Gurugram.
The new centre will serve as a hub for advanced technology development, innovation and talent incubation in Assam. It aims to strengthen talent pools in Artificial Intelligence (AI), Digital technologies and Cybersecurity, while building capabilities in Cloud, Data and core engineering tracks. The initiative is also expected to enhance digital product creation capabilities in the state.
The facility was inaugurated by Assam Chief Minister Himanta Biswa Sarma in the presence of Mr. Kaizad Bharucha, Deputy Managing Director – HDFC Bank, Mr. Ramesh Lakshminarayan, Chief Information Officer – HDFC Bank, dignitaries from the Government of Assam, members from participating educational institutions, and officers of the bank.


The Tech & Digital Factory will generate career opportunities for skilled professionals in Assam, enabling them to contribute directly to next-generation technology development while remaining in their home state.
The initiative is part of Advantage Assam 2.0, under which HDFC Bank partnered with the Government of Assam. The collaboration focuses on enhancing academic knowledge with industry expertise through a structured skill-building curriculum tailored to the BFSI and fintech sectors.
Centred on campus-to-corporate competency, the programme aligns with job requirements in banking and fintech industries. The curriculum includes essential banking knowledge along with new-age IT domains.
The programme commenced in September 2025, and over 150 students are currently being trained under the cohort. Participants will receive industry-relevant knowledge and hands-on experience from senior HDFC Bank executives.
Students enrolled in the programme will also undergo internships with HDFC Bank for a duration of 2 to 4 months. This will allow them to apply academic and technological concepts in real-world corporate scenarios. Importantly, the course is offered at no additional cost to students.
Commenting on the development, Mr. Kaizad Bharucha, Deputy Managing Director, HDFC Bank, said that the Bank had signed an MoU with the Assam Government at Advantage Assam 2.0 in February 2025 and was pleased to establish the facility within a year, supported strongly by the state government. He added that the new centre would enable the rollout of innovative digital products and services while attracting engineering talent from Assam to contribute to next-generation banking technology.
HDFC Bank’s Tech & Digital Factory model continues to function as the nucleus of digital execution, with dedicated units focused on experience design, mobile and cloud engineering, APIs and orchestration, data and GenAI, and secure-by-design architecture.
HDFC Bank began its journey in Assam in 2004 with the launch of its first branch in Guwahati. Since then, the Bank has expanded to 138 branches and 248 ATMs across the state as of December 31, 2025. According to the State Level Banker’s Committee (SLBC) report, the Bank’s Credit-Deposit (CD) ratio in Assam stood at 85.78% as of the same date.

Business

National Stock Exchange of India (NSE) and Government of Goa Join Hands to Launch ‘Student Skilling Program’ in BFSI Sector

allycaralgoa

Goa, February 27, 2025 – The National Stock Exchange of India (NSE) and the Government of Goa have joined forces to launch the ‘Student Skilling Program’ aiming to equip the youth of Goa with industry relevant skills in Banking, Financial Services, and Insurance (BFSI) sector. A Memorandum of Understanding (MoU) has been signed between the two entities, marking a significant step towards empowering young individuals with industry-relevant skills and enhancing their employability in the BFSI sector. Goa is the 5th state after Uttarakhand, Meghalaya, Chhattisgarh and Assam to partner with NSE on skilling youth.

The MoU was exchanged between Shri Bhushan K. Savaikar, Director, Directorate of Higher Education, Government of Goa and Shri Sriram Krishnan, Chief Business Development Officer, NSE in the presence of Hon’ble Chief Minister of Goa, Dr. Pramod Sawant at Government College of Arts, Science and Commerce, Sanquelim, Goa.

Goa, with its expanding financial ecosystem, is well-positioned to be a significant contributor to this sector, provided its youth are equipped with the right skills. NSE’s Student Skilling Program initiative aligns with the Government of Goa’s vision of unlocking human capital thereby, enabling financial well-being and social mobility. NSE and the state of Goa have prioritized skill development and are committed to bridging the skill gap and enhancing employment opportunities for the youth of the state.

The Student Skilling Program will be conducted in two levels. Level 1 is a 20-hour training program, upon completion of which students will be certified in the ‘Foundation Course in BFSI.’ This will equip students with essential financial management skills, ensuring both personal and professional growth. Level 2 is a 30-hour advanced training program designed to prepare students for the NISM regulatory examination. Successful candidates will gain nationwide industry-recognized certification, enhancing their job prospects in the capital market.

Shri Ashishkumar Chauhan, MD & CEO, NSE said “This partnership with the Government of Goa reflects our commitment to bridging the skill gap in the BFSI sector. By providing structured, high-quality training, we aim to create a workforce that is future-ready and aligned with the evolving needs of the financial industry.”

Dr. Pramod Sawant, Chief Minister, Goa, said “The signing of this MOU between the National Stock Exchange and the Government of Goa marks a significant milestone in our commitment to

equip Goan youth with industry-relevant skills in the Banking, Financial Services, and Insurance sector. This Student Skilling Program will create pathways to rewarding careers for our talented young people while simultaneously addressing the growing demand for skilled professionals in

the capital markets space. By partnering with a premier institution like NSE, we are ensuring that our students receive world-class training that aligns with industry standards and emerging trends. This collaboration is a testament to our government’s vision of transforming Goa into a knowledge hub and empowering our youth to thrive in the global economy.”