Indian Institute of Bank Management

From Wikipedia, the free encyclopedia

TypeAutonomous institute
Established1980
DirectorEugene Emmanuel Karthak
Indian Institute of Bank Management
Campus of the Indian Institute of Bank Management, Guwahati
TypeAutonomous institute
Established1980
ChairmanDeputy Governor, Reserve Bank of India
DirectorEugene Emmanuel Karthak
Location
Jawahar Nagar, Khanapara, Guwahati, Assam, India
CampusUrban
AcronymIIBM
AffiliationsSponsored by Reserve Bank of India, NABARD, and public sector banks

Indian Institute of Bank Management (IIBM) is an autonomous banking and financial training institute located in Guwahati, Assam, India. Established in 1980, the institute provides professional training, research, and consultancy services in banking and financial management, with a particular focus on the needs of the banking sector in the North Eastern Region of India.[1][2]

The institute was originally known as the North Eastern Institute of Bank Management and was created to strengthen the capacity and professional skills of banking personnel working in the region. Over time it developed into a national-level institute serving banks and financial institutions across India.[2]

IIBM is sponsored by several major financial institutions including the Reserve Bank of India (RBI), National Bank for Agriculture and Rural Development (NABARD), State Bank of India, Punjab National Bank, Union Bank of India, UCO Bank, Central Bank of India, and Indian Bank.[2]

The Indian Institute of Bank Management was established in 1980 with the objective of enhancing the professional capabilities of banking personnel and promoting research in banking and finance.[2]

The institute was set up with support from the Reserve Bank of India and other major financial institutions to meet the growing training needs of the banking sector in India's northeastern region.[1]

Initially conceived as a regional training centre, the institute gradually expanded its activities and outreach to become an all-India institution. It conducts training programmes for officers and staff of commercial banks, regional rural banks, cooperative banks, and other financial institutions.[2]

Over the decades, the institute has also developed expertise in areas such as financial inclusion, agricultural finance, microfinance, risk management, and banking technology.[2]

Governance

The institute is governed by a Governing Board comprising senior executives from the banking and financial sector. The board is chaired by a Deputy Governor of the Reserve Bank of India. Members of the board include chairpersons, managing directors, and chief executive officers of sponsoring banks and financial institutions.[2]

This governance structure reflects the collaborative nature of the institute, which is supported by the Indian banking system for capacity building, research, and policy development in the financial sector.[1]

Campus

Interior of IIBM, Guwahati

The IIBM campus is located at Jawahar Nagar, Khanapara institutional area of Guwahati, a major educational and commercial centre in Northeast India.[1]

The campus includes classrooms equipped with modern teaching facilities, conference halls, a computer centre, and a library specializing in banking and financial management.[2]

The institute also maintains residential facilities for participants attending training programmes and seminars. The campus is equipped with Wi-Fi connectivity and other infrastructure designed to support executive education and professional training.[1]

Programmes

IIBM conducts a wide range of training programmes aimed at improving professional skills in the banking and financial sector. These include:[3]

  • Training programmes for bank officers and staff
  • Executive development programmes
  • Leadership development programmes
  • Specialized courses in credit management and risk management
  • Programmes focusing on microfinance, rural banking, and financial inclusion

The institute also conducts customized training programmes for banks, non-banking financial companies (NBFCs), and small finance banks.[1]

In addition to training activities, the institute organizes seminars, workshops, and conferences on contemporary issues affecting the banking sector, including financial technology, digital banking, and climate risk in finance.[2]

For instance, the institute has hosted conferences and workshops addressing issues such as climate change and its impact on agriculture and business in the North Eastern region.[4]

Research and consultancy

Research and consultancy constitute an important component of IIBM's activities. The institute undertakes research studies on banking and financial systems, particularly issues related to rural finance, agricultural credit, and micro and small enterprises.[2]

The findings of these studies are disseminated through seminars, publications, and workshops, contributing to policy discussions within the banking sector.[2]

Collaborations

The institute collaborates with universities, management institutes, and financial institutions to promote professional education and skill development in banking and finance.

In 2023, IIBM signed a memorandum of understanding with the North Eastern Regional Institute of Management (NERIM) to conduct training and skill development programmes for management students aspiring to careers in the banking sector.[5]

Role in banking education

See also

References

Related Articles

Wikiwand AI