About the Institute
National Institute of Bank Management (NIBM) was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management. Its mandate is to play a proactive role of “think-tank” of the banking system. NIBM is part of the grand vision of giving a new direction to the banking industry in India and making the industry a more cost-effective instrument for national development. Therefore, helping the managers in their endeavour to make their organizations competitive both in domestic and international markets is the mission of the Institute. NIBM, an autonomous academic institution, is governed by a Board, its highest policy-making body. The Governor of the Reserve Bank of India (the central bank of the country), is the Chairman of the Governing Board.
The Institute is engaged in Research (policy and operations), Training & Education of senior executives of banks, and provides Consulting support to the banking and financial sector. As an institution of advanced learning, NIBM is well-equipped to train executives to function in a multi-cultural and multi-national environment. By providing interdisciplinary modules of theory and practical learning, participants are equipped to become masters in problem-solving. In a year the Institute, on an average, conducts about 150 Training Programmes in various functional areas and also Conferences and Seminars addressing issues of topical concern to the banking and financial services industry. Over 3500 participants, including about 250 from various developing nations attend NIBM training programmes every year.
The Institute is located in sylvan surroundings in a picturesque valley within the Pune city in the State of Maharashtra. The Campus is spread over a 60-acre plot of undulating landscape with minimum of distraction and pollution. It has its own self-contained campus with complete residential and educational facilities.
The Post-Graduate Programme in Banking and Finance (PGPBF), introduced in the year 2003-04 to groom new generation managers for the banking and financial services industry, is an additional key identity of the Institute. The PGPBF has been renamed as Post-Graduate Diploma in Management (Banking & Financial Services) – PGDM (B&FS) following recognition by AICTE, from 2013 onwards.
Vision of the Institute
“The National Institute of Bank Management will be the trustee for India for helping to create world-class, competitive banking and financial services capabilities. The Institute would endeavour to offer knowledge-based products and services in the field of bank management that are as good as, if not better than, the best anywhere in the world. While much of the products of the NIBM would be of universal interest, there would also be a focus on the legal and institutional aspects specific to India. The NIBM will be the preferred partner for enabling vision, strategies, organization, systems, technical, managerial and leadership competencies in the banking and financial sector, so as to help retain a high share of the domestic market, as well as capture a significant share of the global market.”
Roles of the Institute
To be the main research and academic arm of the banking industry for continuously upgrading the knowledge and skills relevant for its top management.
To be the storehouse of data and information of all new and emerging issues in the banking sector.
To be the catalyst in helping banks to secure their financial position and make them world-class.
To be a change agent in the overall functioning of the banking system and facilitate the ushering in of professionalism in the banking and financial system of the country.