The National Institute of Bank Management (NIBM) is an autonomous institute located in Pune, India. It is an autonomous, apex institution for research, training, education and consultancy in bank management.
About the institute
NIBM was established on September 24, 1969, by the Reserve Bank of India (RBI), in consultation with the Government of India (GoI), 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 same a more cost-effective instrument for national development.
NIBM is governed by a Board, its highest policy-making body and, the governor of the Reserve Bank of India (RBI) is the chairman of the Governing Board. The Governing Board includes representatives from the various member banks and educational institutes. Prof. Partha Ray is the current director of the institute.
Activities of the institute
Research
Research studies initiated by faculty members form the foundation of various academic activities at NIBM. The Institute Library has a rich collection of more than 70000 books and 130 journals, on various branches of management. NIBM is also equipped with state-of-the-art statistical packages and databases, to facilitate advanced research on banking and finance. Most of the research work seeks to address the existing and emerging challenges in the banking and financial sector in India and abroad. The institute also conducts Action Research Projects and projects sponsored by various institutions and government agencies including Reserve Bank of India; Ministry of Rural Development, Government of India, National Bank for Agriculture and Rural Development; International Finance Corporation, and Asian Development Bank. Some of these studies assist in policy formulation and evaluation for individual banks and FIs, as well as the entire banking system. Faculty members publish their research in reputed national and international journals. They also conduct regular academic and practitioner-oriented conferences, on banking and finance.
NIBM faculty members have published ‘The India Banking and Finance Report 2021’. This is an initiative to disseminate their opinions on contemporary subjects such as macro-financial issues, corporate governance challenges, mergers and acquisitions, problems and prospects of the Bad Bank, latest risk management concepts and frontiers, digital transformation and leadership paradigms, etc.
Training
NIBM plays a very important role in capacity building of bank executives by offering training programmes in contemporary areas of banking and finance. Over more than 50 years, NIBM has conducted executive training programmes attended by more than 100,000 bankers from India and various other countries. Every year NIBM conducts about 150 training programmes attended by about 5000 participants from various banks and financial institutions. The programmes are tailored to the emerging needs of banking focusing on areas like credit, risk management, treasury, audit, compliance, international banking, information technology, marketing, leadership, etc. The trainings are offered in various formats (at NIBM campus/online/at the bank's location). NIBM also offers customized Executive Development Programmes, Functional Programmes (for a particular banking domain), Conferences and Workshops, Faculty Development Programmes for Staff Training College faculty members . NIBM training programmes are interactive in nature and various self-paced assignments and cases studies, etc. enrich the learning of the participants.