Binod Kumar is a seasoned professional with extensive experience in data science and business analysis, currently serving as Senior Manager of Data Science at ReBIT since June 2020. In this role, Binod leads the model development process to identify distress signals in Indian banks, and heads a team dedicated to creating innovative market surveillance systems and building a Fintech Regulatory Sandbox. Prior roles include Project Manager at eClerx, Lead Business Analyst at Synechron, and Business Analyst at Universal Commodity Exchange, where Binod contributed to various business transformation projects and the launch of a commodity exchange. Binod holds an MBA in Finance from the Faculty of Management Studies, University of Delhi, a PG in Cyber Law from the National Law School of India University, and certifications in Real Estate Investment Analysis from New York University.
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ReBIT | Reserve Bank Information Technology Pvt. Ltd.
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ReBIT (Reserve Bank Information Technology Pvt. Ltd.) is a wholly owned subsidiary of the Reserve Bank of India (RBI). We've been set up to take care of the IT requirements, including the cyber security needs of the RBI and its regulated entities. ReBIT focuses on IT and cyber security (including related research) of the financial sector and assists in IT systems audit and assessment of the RBI regulated entities. We advise, implement and manage internal or system-wide IT projects (both the existing and new) of the RBI as mutually decided between the Reserve Bank and ReBIT. ReBIT serves as a catalyst for innovation, big systems, and new ideas, in addition to guiding regulated entities in the IT areas of their operations and the RBI's IT-related functions and initiatives. Given the need for inter-operability and cross-institutional cooperation, ReBIT effectively participates in setting up standards to strengthen RBI’s role as regulator.