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BoB to fund research at IIMA

Bank of Baroda is contributing Rs 2 crore for supporting research at the Indian Institute of Management, Ahmedabad (IIMA). The institute will use the funds to reach out to the industry and collaborate on field-based research. Director of IIMA Prof Ashish Nanda said this fund will sustain development of cases in banking and financial sector. Case studies are a wonderful means to conducting cutting-edge field-based, inductive research. The case materials that are produced will be available for research and teaching not only at IIMA, but also to other institutions, as the institute has been doing in the past with its case research. Ranjan Dhawan, MD and CEO of Bank of Baroda, said the contribution should not be seen in the light of only funding research output of IIMA. It is an amalgamation of a shared vision to make a difference in the quality of available research cases to benefit the sector, he added.

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