National Institute of Bank Management was established by RBI, in the year 1969, in consultation with the central government, as an autonomous apex institution for training, research, education and consultancy in bank management. Its prime purpose is to play a proactive role in the brainwork of the banking system in the country. NIBM is a part of the greater vision of creating an entirely new path to the banking sector our country and making the entire industry a more cost-effective instrument for overall national development. Therefore, it will help the managers in their careers to make their organizations a better competitive nature both in domestic as well as international markets is the mission of the Institute. NIBM, which is an autonomous academic institution, is controlled by a Board, which is ultimately its highest policy-making body. The Reserve Bank of India Governor is the Chairman of the Governing Board.
The Post-Graduate Programme in Banking and Finance was introduced in 2003-04 on order to mold new generation managers for the banking as well as the financial services industry and it is an extra key identity of this Institute. The program has was renamed as Post-Graduate Diploma in Management- Banking & Financial Services, PGDM(B&FS) after the recognition by AICTE, which was from2013 onwards.
Research & Development
The Institute is engaged in Research which is in policy and operations, provides Consulting support to the banking and financial sector, and training & Education of senior executives of banks. Being an institution for just advanced learning, NIBM is totally able to train executives for functioning in an entirely multicultural as well as multinational environment after all. When provided with interdisciplinary modules of theory as well as practical learning, all the participants will beable to be a master in problem-solving skill as well.
On an average in a year the Institute conducts around 150 Training Programsacross different functional areas and also various other Conferences and Seminars that address the issues of topical concern to the banking as well as the financial services industry in the country. Approximately around 3500 participants that include around 250 participants from various developing countries attend the NIBM training programs every year.
Ms. Nupur Gupta from 2009-11 batch with Enel Green Power, Swati Salem with KPMG, Mr. Arun Bansal from 2004-05 batch, CFO Indian Bank, Mr. Rajat Bhargava, Senior Manager with Aditya Birla Finance are some of the esteemed alumni of National Institute of Bank Management. Mr. Farzan Gadhially who is nominated as a SENATOR INDIA and represents India at the Worlds Business Angels Investment Forum is from NIBM’s batch of 2005-06.