Mon, Apr 06, 2026
Days after Uday Suresh Kotak, Founder of Kotak Mahindra Bank, was appointed as the Chairman of Gujarat International Finance Tec-City (GIFT City) Company Limited, GIFT City has signed a Memorandum of Understanding (MoU) with the Arun Jaitley National Institute of Financial Management (AJNIFM) to collaborate on capacity building, academic engagement, and knowledge exchange in international finance, governance, and financial technology, under the aegis of the GIFT International FinTech Institute.
AJNIFM, an autonomous institution under the Ministry of Finance, brings extensive experience in policy-oriented financial education and capacity building. Its mandate includes training officers of the Government Financial and Accounts Services, as well as offering postgraduate and executive programmes in finance, management, and public policy.
As part of the MoU, a five-day industry immersion programme has been launched at GIFT City for second-year MBA students of AJNIFM. The programme provides exposure to regulatory frameworks, cross-border financial services, digital finance innovations, capital market operations, and institutional strategies, highlighting GIFT City’s emergence as a global financial hub.
Speaking on the occasion, Sanjay Kaul, Managing Director and Group CEO, GIFT City, said, “Our partnership with AJNIFM reflects GIFT City’s continued commitment to fostering collaboration between industry and academia and strengthening capacity building in international financial services and fintech. Through initiatives such as the industry immersion programme, we aim to nurture skilled professionals who are well-equipped to make meaningful contributions to India’s IFSC ecosystem and global financial markets.”
AJNIFM Director Praveen Kumar stated, “This collaboration with GIFT City establishes a strategic partnership to jointly design and deliver cutting-edge postgraduate education in finance and governance. The association will promote faculty and student exchange, deepen collaborative learning, and enable both institutions to further strengthen their expertise in finance and governance.”