New Delhi, April 28: NatWest Group has partnered with Indian Institute of Technology Delhi through its Foundation for Innovation and Technology Transfer (FITT) to boost industry-academia collaboration in emerging technologies.
The partnership will focus on joint research, pilot projects, and innovation programs across artificial intelligence, fintech, cybersecurity, and related domains. It marks FITT’s first collaboration with a global banking institution, aimed at bridging academic research with real-world business applications.
Under the agreement, researchers, startups, and students will work alongside industry experts to develop scalable solutions and address practical challenges in banking and technology. The initiative is also expected to strengthen talent development and create opportunities for hands-on innovation.
Scott Marcar, Chief Information Officer at NatWest Group, said collaboration with leading academic institutions will help shape future technology capabilities and enhance the bank’s ability to deliver simpler, safer, and more effective services.
Ruchika Panesar, Country Head for India and Chief Digital and Information Officer, highlighted India’s strategic role in driving NatWest’s technology and innovation agenda, adding that such partnerships will deepen engagement with the academic and startup ecosystem.
According to FITT representative Dr. Nikhil Aggarwal, the collaboration aims to translate research into scalable solutions while nurturing talent equipped to tackle complex global challenges, reinforcing the growing role of academia-industry partnerships in advancing innovation.
