Projects & Grants

Research Grants

• IITB Citadel Securities Quantitative Finance Lab Project on "Change Point Detection in High Frequency Financial Time Series Data". (2026-27). PI Prof. Piyush Pandey & Co-PI Prof. Radhendushka Srivastava (Maths, IITB)

• IITB Citadel Securities Quantitative Finance Lab Project on "Modelling Order Flow Toxicity and Liquidity in High-Frequency Markets". (2026-27) PI Prof. Piyush Pandey

• IITB Citadel Securities Quantitative Finance Lab Project on "Pricing options and computing implied volatilities: a machine learning approach". (2025-26).  PI Prof. Piyush Pandey & Co PI Prof. Sudeep Bapat 

• SBI Foundation Hub for Data Science and Analytics Project on "Value at Risk Modelling "(2025-26).  PI Prof. Piyush Pandey & Co PI Prof. Sudeep Bapat

• SBI Foundation Hub for Data Science and Analytics Project on "Interest rate forecasting using statistical and ML tool".  (2025-26).  PI Prof. Piyush Pandey & Co PI Prof. Sudeep Bapat

• SBI Foundation Hub for Data Science and Analytics Project on Climate risk stress testing using Gen AI: Use of AI/ML techniques in calculation of EAD due to climate risk  (2025-26). PI Prof. Sudeep Bapat & Co-PI Prof. Piyush Pandey

• NCDEX Project for Research on “Impact of Suspension of Commodity Derivatives on the Agri Ecosystem”  from July 2024- December 2024. PI Prof. Sarthak Gaurav & Co- PI Prof. Piyush Pandey

• Ministry of Corporate Affairs (Nov 2020-June 2023) Project on “Decision support system to predict bankruptcy for Indian (M)SMEs using Statistical and Artificial Intelligent Techniques”. PI Prof. Piyush Pandey, Co-PIs Prof. Vinish Kathuria & Prof. Rajendra M Sonar . 

• IIT Bombay Seed Grant Research Project ( 2019-2024) Project on "Fixed Income Markets: An Empirical Study for India" PI Prof. Piyush Pandey

• ICSSR (May 2015-October 2017): Worked as a Research Assistant (SRF) on ICSSR Sponsored Research Project on “Financial Integration in the SAARC Region: Empirical Analysis and Policy Issues”. PI: Prof. Sanjay Sehgal, Department of Financial Studies, Delhi University and Co-PI Dr. Wasim Ahmad, Asst. Professor, Department of Humanities and Social Sciences, IIT Kanpur

Consultancy Projects

• Consultancy Project for CRISIL- Bank of India Project Saksham to operationalize cluster based MSME lending to provide data driven inputs to increase their ability to predict business failures.  PI Prof. Piyush Pandey (ongoing) 2025-2026

• Consultancy Project "to provide inputs to design a weather derivatives contract, specifically focusing on rainfall and temperature as the underlying variable for India" from NCDEX. PI Prof Piyush Pandey & Co PI Prof. Sarthak Gaurav (ongoing) 2025-2026