<h1>Hackathon at IIT Kanpur Explores GenAI's Role in Simplifying Financial Data with Student Innovations in Focus</h1> NFRA and IIT Kanpur organized a Hackathon focused on Large Language Models and Generative AI to enhance financial statement analysis. Held on March 28-29, 2025, at IIT Kanpur, the event aimed to simplify financial data into engaging narratives, making it more accessible. Students from various Indian engineering colleges participated, presenting solutions that automate data extraction and generate insights. Winning teams from VIT Vellore, MNNIT Allahabad, IIT Lucknow, and Rajiv Gandhi University contributed their innovations to open-source platforms. The event fostered collaboration between academia, students, and regulators, highlighting GenAI's potential in revolutionizing financial reporting.