IIMB in Spotlight
IIM Bangalore Research Recognised by IBBI for Insights on IBC’s Behavioural Impact
A recent study by IIM Bangalore’s Centre for Capital Markets and Risk Management (CCMRM) has been featured by the Insolvency and Bankruptcy Board of India (IBBI) for offering fresh perspectives on how the Insolvency and Bankruptcy Code (IBC) is shaping borrower behaviour and credit practices in India.
Conducted by Dr. Jayadev M, Dr. Abhinav Anand, Dr. Aishwarya Krishna, and IIMB alumnus Prof. Srijith Mohanan, the study draws on extensive data from NeSL, RBI, IBBI, and CMIE Prowess, covering the period from 2010 to 2024.
The research points to a significant shift in the corporate credit culture. Since the implementation of IBC, delayed loan repayments have dropped sharply, and gross NPAs have reduced from 11.2% in 2018 to 2.8% in 2024. The study also notes improved governance practices, with resolved companies seeing greater board independence—underscoring IBC’s wider influence beyond just debt recovery.
Prof. Maya Ganesh Wins Prestigious Ralph Gomory Award for Research on Public Welfare Delivery
Prof. Maya Ganesh from IIM Bangalore has been honoured with the 2025 Ralph Gomory Best Industry Studies Paper Award for her co-authored research on improving access to public welfare programs in India.
The award, given annually to the most influential paper across ten top-tier management journals, recognises the study titled “Technology-Enabled Agent Choice and Uptake of Social Assistance Programs: Evidence from India’s Food Security Program.” Co-authors include Prof. Sarang Deo and Prof. Sripad Devalkar from ISB, and Rakesh Allu, PhD scholar at Cornell University.
Published in Manufacturing & Service Operations Management, the paper investigates how offering beneficiaries the choice of agents in the Public Distribution System impacts participation. Drawing from extensive data across Andhra Pradesh and Telangana and using a reverse difference-in-differences approach, the study found a 6.6% increase in uptake—especially in regions with higher agent density.
The findings offer valuable lessons for designing more inclusive and efficient social programs.
PGPEM Team Wins Campus Round of Hult Prize 2025 at IIM Bangalore
A team of PGPEM students from IIM Bangalore has won the campus round of the prestigious Hult Prize 2025, hosted by the institute’s Entrepreneurship and Innovation Cell. The team—Gethaara Gowri Gowthami, Mukesh Narasimhan, Naveen Raj, and Pravinkumar—presented their venture QuantumX Energy under the name Team Quantum Catalyst.
The Hult Prize, often dubbed the “Nobel Prize for student entrepreneurs,” challenges students worldwide to solve pressing social issues through innovation. This year’s theme, Unlimited, focused on unlocking human potential. The IIMB team proposed a solution to build a circular economy around lithium-ion battery waste, featuring green mineral recovery, battery refurbishment, and carbon credit monetization.
Their victory at IIMB secured them a spot at the India Nationals held at IIT Bombay, where they competed alongside top teams from IITs, IIMs, ISB, and others. Their passion, clarity, and sustainable approach showcased the entrepreneurial spirit of IIM Bangalore.
PGP Students from IIM Bangalore Win Big at Binance Case Challenge 1.0
Team Futures, made up of Aviral Verma, Riya Katiyar, and Prajwal S Belagavi from IIM Bangalore’s PGP 2025 batch, clinched the top spot at the first-ever Binance Case Challenge 1.0. Held in May 2025, the national competition brought together 61 teams from 10 of India’s leading B-schools to tackle real-world blockchain challenges.
Participants were tasked with designing practical and innovative blockchain solutions for the evolving Web3 space. Team Futures impressed the jury—including Binance’s global leadership team—with a thoughtful, four-pronged strategy that focused on regional education, AI-based assistance, immersive storytelling, and gamified user adoption.
Their well-rounded, user-centric approach helped them stand out in a highly competitive field and secure national recognition. The win not only highlights their creativity and clarity of thought but also reflects the strong problem-solving mindset nurtured at IIM Bangalore.
