ReBIT has the charter to act as a think tank for innovation, Enterprise level systems and new ideas in the financial sector and make recommendation to RBI for implementation of IT solutions. To this end, Hackathon 2022 was envisaged as a platform for ideation, creation, and implementation of innovative solutions.
The second edition of ReBIT Hackathon began with opening of registration (for teams) on 10 August 2022 and received an overwhelming response from the staff of both organisations. To ensure that the ideation is channelled optimally, there were 4 major themes identified around which ideas had to be developed. They were Predictive Analytics and Machine Learning, Smart Business and Mobile App, NextGen Security and Platforms and Tools.
91 teams from different departments of RBI and ReBIT had worked on projects to drive innovation, thought processes, and unique ideas that would bring lasting value to serving the Reserve Bank of India and our Nation. 38 most promising ideas were shortlisted, and teams were given 5 weeks to develop and showcase a full-fledged working application.
Jury Panel and final ideas
The finals were held on 18 October 2022.The winners were selected by a Jury panel comprising of eminent scholars in the field of computer science and Senior Management of RBI.