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{{Infobox university
{{Infobox university
| name = National Institute of Bank Management, Pune
| name                   = National Institute of Bank Management (NIBM) Pune, India
| logo = National Institute of Bank Management, Pune.jpg
| logo                   = National Institute of Bank Management, Pune.jpg
| logo_size = 100px
| logo_size             = 100px
| established = {{start date|1969}}
| established           = {{start date|1969}}
| type = [[Statute|Central Government-owned-Research Unit]]
| type                   = Autonomous institution
| director =  
| director               = Partha Ray
| chairman = [[Governor of Reserve Bank of India]]
| chairman               = [[Governor, Reserve Bank of India]]
| city = [[Pune, Maharashtra|Pune]]
| city                   = [[Pune, Maharashtra|Pune]]
| state = [[Maharashtra]]
| state                 = [[Maharashtra]]
| country = [[India]]
| country               = [[India]]
| postgrad =  
| postgrad               =  
| faculty =  
| faculty               =  
| campus = [[Urban area|Urban]]
| campus                 =  
| parent = [[Reserve Bank of India]], [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]
| parent                 = [[Reserve Bank of India]]
| website = {{url|https://www.nibmindia.org/}}
| website               = {{url|https://www.nibmindia.org/}}
| coor = {{coord|18.475860|73.899860|display=inline, title}}
| coor                   =  
}}
}}


'''National Institute of Bank Management''' ('''NIBM''') is one of the three [[statute|research units]] under the [[ownership]] of [[Reserve Bank of India]] which is in turn under the [[jurisdiction]] of [[Ministry of Finance (India)|Ministry of Finance]] of the [[Government of India]]. It is responsible for [[research]] and [[consultancy]] in [[Banker|banking]] and [[Finance|finance]] in [[India]]. It is also a research, training and consultancy institute in banking and finance, in the city of [[Pune]]. The campus is self-contained with residential and educational facilities.
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==
==About==
NIBM was established in 1969 by the [[Reserve Bank of India]] in consultation with the [[Government of India]] as an autonomous "think-tank" for the Indian banking system. It is intended to further the government's objective of developing the banking industry in India, making the industry more cost-effective, and thus better equipped to aid national development. The institute focuses on helping managers in the field make their organizations competitive both domestically and internationally.
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.


The NIBM is governed by a board, chaired by the [[Governor of Reserve Bank of India]], and it includes representatives from the various member banks and educational institutes.<ref>{{cite web|url=http://nibmindia.org/page.php?url=NQ==|title=NIBM|website=nibmindia.org}}</ref>  
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.<ref>{{Cite web |title=NIBM Governing Board |url=https://www.nibmindia.org/governing-board-members/}}</ref> The Governing Board includes representatives from the various member banks and educational institutes. Prof. Partha Ray<ref>{{Cite web |title=NIBM Director |url=https://www.nibmindia.org/directors-desk/}}</ref> is the current director of the institute.
The institute generates more than 70 per cent of its own operating budget; the rest is funded by the banking industry. Dr K L Dhingra  is the current Director of the institute.<ref>{{cite web|url=https://rbi.org.in/scripts/Bs_viewcontent.aspx?Id=2753 |title=Reserve Bank of India – Database |publisher=Rbi.org.in |date= |accessdate=2018-11-06}}</ref>


==Activities of the Institute==
==Activities==


===Research===
===Research===
Research studies initiated by the faculty members form the foundation of various academic activities in the NIBM. Most of the research work seeks to address the existing and emerging issues in the banking system. 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 (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 as well as policy evaluation at the individual bank level as well as at the systems level.
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.<ref>{{Cite web |title=NIBM Faculty Publications |url=https://www.nibmindia.org/faculty-publications/}}</ref> 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''.<ref>{{Cite web |title=IBFR 2021 |url=https://spectrum.sagepub.in/books?access_types=open_access}}</ref> 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===
===Training===
The Institute conducts a large number of educational and training programmes (about 150 each year) in all the functional areas. The programmes are tailored to the emerging needs in the environment of banking and finance. As a conscious strategy, the focus of the training activities of the Institute is on creating/imparting new perspectives in the crucial areas of concern to the banks. Themes, objectives, duration and level of participation of the programmes are tailored by the faculty from time to time. Institute's programmes are classified into following groups : General Management Programmes, Annual Conferences and Seminars on Topical Issues, Special Conferences and Seminars, Training Programmes on Functional Areas, Faculty Development Programmes, In-company Programmes, and International Programmes. In order to increase the reach of the Institute to the banking system, the Institute also conducts on location programmes.<ref>{{cite web|url=http://nibmindia.org/training-programme.php|title=NIBM|website=nibmindia.org}}</ref>
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.


===Education===
===Education===
'''Post-Graduate Diploma in Management (Banking and Finance)''' 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. NIBM uses scores of CAT/XAT/CMAT for short listing candidates for WAT-PI for admission to the programme.<ref>{{cite web|url=http://pgdm.nibmindia.org/page.php?url=Mg==|title=PGDM|website=pgdm.nibmindia.org}}</ref> The Institute has an in-take of 120 students .<ref>{{cite web|url=http://www.financialexpress.com/article/industry/banking-finance/nearly-4-lakh-public-sector-bank-agms-dgms-to-retire-in-4-years/63764/|title=Business News, India Stock Market, Personal Finance, IPO, Financial News Headlines – The Financial Express|website=The Financial Express}}</ref> With this in mind, the Institute has embarked on a massive infrastructure development plan for PGDM Learning Complex, Hostel Complex and Dining Hall within its campus.
The Institute had one of its major breakthroughs when it introduced Post Graduate Programme in Banking and Finance (PGPBF) in 2003–2004. Dr [[Bimal Jalan]], the then governor, RBI formally launched the PGPBF. This course enables the students to possess sound analytical foundation, innovative outlook and practical orientation to the nuances of banking and finance. Keeping in mind the expectations of the banking system, in 2009–2010, the Governing Board of the Institute changed the duration of the course from 1 year to 2 years. In 2013, the All India Council of Technical Education (AICTE), Government of India, granted approval to the Post Graduate Programme, which was then renamed as Post Graduate Diploma in Management (PGDM) – Banking and Financial Services.<ref>{{Cite web |title=PGDM, NIBM |url=https://pgdm.nibmindia.org/}}</ref> NIBM- PGDM is well received by the banking industry and since inception, it has maintained cent per cent students placement in Commercial Banks, Financial Institutions, Rating Agencies, Consulting Firms and related industries.


'''Fellowship Programme''' The Doctoral Programme was one of the major activities of the Institute, initiated almost immediately after its inception, with the objectives of expanding the manpower base for research studies in banking and related areas, fulfilling the educational responsibility of the Institute, and creating a pool of competent and well-trained researchers as a source for future faculty for the Institute.<ref>{{cite web|url=https://www.pagalguy.com/articles/nibm-pune-pgdm-in-banking-and-financial-services-admission-2019|title=PGDM and Fellowship Programme Admission Process.|website=PaGaLGuY – The Education Network}}</ref>
===Consultancy===
Providing consultancy support to banks and financial institutions has always been one of the key strengths of the institute. The focus of our consultancy activities has evolved over time: during the 1970s and 1980s, the focus was more on providing support in [[organizational design]] and development, design and implementation of [[management information systems]], manpower planning, etc. With the introduction of the financial sector reforms at the initiative of the RBI and the Government of India in the early 90s, there were increasing demands from commercial banks to assist them in strategic business repositioning, organizational restructuring, human resource development, profitability and productivity strategies, etc. Towards the end of the 1990s, the NIBM took the lead in assisting the banks and financial institutions in setting up their integrated risk management system, asset liability management system, managing market risk, [[credit risk management]] system design, etc.  Credit Rating for Large Corporate and SMEs developed by NIBM faculty are popular in banks. The institute has also successfully handled the HR issues in the recent merger of various banks. Presently the focus of the consulting activities is more on IRM, designing ICAAP, organizational restructuring, manpower planning, [[customer relationship management]], [[customer service]], etc.


===Consultancy===
=== On-line certification courses ===
Providing consultancy support to banks and financial institutions has always been one of the key strengths of the Institute. The focus of our consultancy activities has evolved over time : during the 70s and 80s, the focus was more on providing support in Organizational Design and Development, Design and Implementation of Management Information Systems, Manpower Planning, etc. With the introduction of the financial sector reforms at the initiative of the RBI and the Government of India in the early 90s, there were increasing demands from commercial banks to assist them in Strategic Business Repositioning, Organizational Restructuring, Human Resource Development, Profitability and Productivity Strategies, etc. Towards the end of the 90s, the NIBM took the lead in assisting the banks and financial institutions in setting up their Integrated Risk Management System, Asset liability management System, Managing Market Risk, Credit Risk Management System Design, etc.  Credit Rating for Large Corporate and SMEs developed by NIBM faculty are popular in banks. The Institute has also successfully handled the HR issues in the recent merger of various banks. Presently the focus of the consulting activities is more on IRM, designing ICAAP, Organizational Restructuring, Manpower Planning, Customer Relationship Management, Customer Service, etc.
In 2016–2017, Indian Banks Association (IBA) shortlisted NIBM as one of the training institutions for delivering on-line certification courses to improve skills and competencies of first and second line bank officials. NIBM, thus launched On-line Certification Courses<ref>{{Cite web |title=NIBM On-line Certification Courses |url=https://nibm.eabyas.in/}}</ref> in five areas, viz., Credit Management, Risk  Management, Treasury Management, Accounts & Audit and Banking Operations Management. The on-line learning platform provides participants course material, quizzes, assignments, etc. The classroom learning experience is also provided through video-based sessions. There has been an overwhelming response from officers from banks and financial institutions to the online courses.


==Publications==
==Publications==
The Institute, since its inception in 1969, has been bringing out a variety of publications in the form of books, journals, reports, mimeographs and working papers in tandem with its research and training functions. Apart from over 100 books, a major segment of the publications consisted of the 14 Programmed Learning Texts on operational banking published in the initial years of the NIBM, specifically to meet the training needs of the new entrants into the banking industry due to its geographic expansion in the 70s.
The institute, since its inception in 1969, has been bringing out a variety of publications in the form of books, journals, reports, mimeographs and working papers in tandem with its research and training functions. Apart from over 100 books, a major segment of the publications consisted of the 14 Programmed Learning Texts on operational banking published in the initial years of the NIBM, specifically to meet the training needs of the new entrants into the banking industry due to its geographic expansion in the 1970s.
<br />
<br />
A major activity is the regular publication of the following two quarterly journals in English:
A major activity is the regular publication of the following two quarterly journals in English:
* '''Prajnan :''' Journal of Social and Management Sciences : A Leading Refereed Quarterly Journal (launched in 1972).
* '''Prajnan''': ''Journal of Social and Management Sciences'': A Leading Refereed Quarterly Journal (launched in 1972).
* '''Vinimaya :''' Presents conceptual and practical viewpoints of both bankers and management educationists (launched in 1979).
* '''Vinimaya''': Presents conceptual and practical viewpoints of both bankers and management educationists (launched in 1979).


==Member Banks==
==Member banks==


In addition to the RBI, its associate member banks are the [[State Bank of India]] and several of its subsidiaries, 19 [[National Bank]]s, and two foreign banks [[HSBC]] and [[Bank of America]].<ref>{{cite web|url=http://nibmindia.org/page.php?url=Nw==|title=NIBM|website=nibmindia.org}}</ref>
The [[Reserve Bank of India]], the [[State Bank of India]], 11 Nationalised Banks and [[HSBC]] are the member banks of NIBM.  While 18 banks in various categories are associate members of the institute.<ref>{{Cite web |title=Member and Associate Members of NIBM |url=https://www.nibmindia.org/members-associate-member/}}</ref>


==References==
==References==

Latest revision as of 04:38, 7 March 2026


National Institute of Bank Management (NIBM) Pune, India
TypeAutonomous institution
Established1969 (1969)
Parent institution
Reserve Bank of India
ChairmanGovernor, Reserve Bank of India
DirectorPartha Ray
Location, ,
Websitewww.nibmindia.org
File:National Institute of Bank Management, Pune.jpg

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[edit | edit source]

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.[1] The Governing Board includes representatives from the various member banks and educational institutes. Prof. Partha Ray[2] is the current director of the institute.

Activities[edit | edit source]

Research[edit | edit source]

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.[3] 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.[4] 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[edit | edit source]

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.

Education[edit | edit source]

The Institute had one of its major breakthroughs when it introduced Post Graduate Programme in Banking and Finance (PGPBF) in 2003–2004. Dr Bimal Jalan, the then governor, RBI formally launched the PGPBF. This course enables the students to possess sound analytical foundation, innovative outlook and practical orientation to the nuances of banking and finance. Keeping in mind the expectations of the banking system, in 2009–2010, the Governing Board of the Institute changed the duration of the course from 1 year to 2 years. In 2013, the All India Council of Technical Education (AICTE), Government of India, granted approval to the Post Graduate Programme, which was then renamed as Post Graduate Diploma in Management (PGDM) – Banking and Financial Services.[5] NIBM- PGDM is well received by the banking industry and since inception, it has maintained cent per cent students placement in Commercial Banks, Financial Institutions, Rating Agencies, Consulting Firms and related industries.

Consultancy[edit | edit source]

Providing consultancy support to banks and financial institutions has always been one of the key strengths of the institute. The focus of our consultancy activities has evolved over time: during the 1970s and 1980s, the focus was more on providing support in organizational design and development, design and implementation of management information systems, manpower planning, etc. With the introduction of the financial sector reforms at the initiative of the RBI and the Government of India in the early 90s, there were increasing demands from commercial banks to assist them in strategic business repositioning, organizational restructuring, human resource development, profitability and productivity strategies, etc. Towards the end of the 1990s, the NIBM took the lead in assisting the banks and financial institutions in setting up their integrated risk management system, asset liability management system, managing market risk, credit risk management system design, etc. Credit Rating for Large Corporate and SMEs developed by NIBM faculty are popular in banks. The institute has also successfully handled the HR issues in the recent merger of various banks. Presently the focus of the consulting activities is more on IRM, designing ICAAP, organizational restructuring, manpower planning, customer relationship management, customer service, etc.

On-line certification courses[edit | edit source]

In 2016–2017, Indian Banks Association (IBA) shortlisted NIBM as one of the training institutions for delivering on-line certification courses to improve skills and competencies of first and second line bank officials. NIBM, thus launched On-line Certification Courses[6] in five areas, viz., Credit Management, Risk  Management, Treasury Management, Accounts & Audit and Banking Operations Management. The on-line learning platform provides participants course material, quizzes, assignments, etc. The classroom learning experience is also provided through video-based sessions. There has been an overwhelming response from officers from banks and financial institutions to the online courses.

Publications[edit | edit source]

The institute, since its inception in 1969, has been bringing out a variety of publications in the form of books, journals, reports, mimeographs and working papers in tandem with its research and training functions. Apart from over 100 books, a major segment of the publications consisted of the 14 Programmed Learning Texts on operational banking published in the initial years of the NIBM, specifically to meet the training needs of the new entrants into the banking industry due to its geographic expansion in the 1970s.
A major activity is the regular publication of the following two quarterly journals in English:

  • Prajnan: Journal of Social and Management Sciences: A Leading Refereed Quarterly Journal (launched in 1972).
  • Vinimaya: Presents conceptual and practical viewpoints of both bankers and management educationists (launched in 1979).

Member banks[edit | edit source]

The Reserve Bank of India, the State Bank of India, 11 Nationalised Banks and HSBC are the member banks of NIBM. While 18 banks in various categories are associate members of the institute.[7]

References[edit | edit source]

  1. "NIBM Governing Board".
  2. "NIBM Director".
  3. "NIBM Faculty Publications".
  4. "IBFR 2021".
  5. "PGDM, NIBM".
  6. "NIBM On-line Certification Courses".
  7. "Member and Associate Members of NIBM".

External links[edit | edit source]