Indian Institute of Banking & Finance (formerly The Indian Institute of Bankers) was established in 1928 and is working with a mission “to develop professionally qualified competent bankers and finance professionals primarily through a process of education, training, examination, consultancy/ counselling and continuing professional development programme”. One of the objectives of the Institute is to promote research relating to operation, products, instruments, processes, etc. in banking and finance and encourage innovation and creativity among finance professionals. ‘Micro Research’ is a sort of an essay competition for members of the Institute (bankers) to present their original ideas, thoughts and best practices on areas of their interest. This initiative was started in 2004-05. Since then, the Institute invites Micro Research papers every year, on topics identified by the Research Advisory Committee of the Institute.
The competition is open to life members of IIBF, who are presently working in banks and financial institutions