Type | Autonomous |
---|---|
Established | 1969 |
Parent institution
|
Reserve Bank of India |
Chairman | Governor of Reserve Bank of India |
Director | Dr Achintan Bhattacharya |
Academic staff
|
~34 |
Postgraduates |
|
Location |
Pune, Maharashtra, India 18°28′33″N 73°53′59″E / 18.475860°N 73.899860°ECoordinates: 18°28′33″N 73°53′59″E / 18.475860°N 73.899860°E |
Campus | Urban |
Website | http://www.nibmindia.org/ |
National Institute of Bank Management (NIBM) is an Indian institution for research, training and consultancy in banking and finance. It is located in Pune. The campus is self-contained, with residential and educational facilities.
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.
The NIBM is governed by a board, chaired by the Governor of Reserve Bank of India, which includes representatives from the various member banks and educational institutes. The institute generates more than 70 per cent of its own operating budget; the rest is funded by the banking industry. Shri Achintan Bhattacharya (Retired Joint Secretary of Dept. of Financial Services, Ministry of Finance, Government of India) is the current Director of the institute.
The Institute's Faculty consists of academicians from a wide range of disciplines Economics, Finance, Commerce, Business Management, Computer Science, Agricultural Science, Psychology, Sociology, etc. Practicing bankers including central bankers strengthen the faculty by serving the Institute for varying periods of time. The present faculty strength is 34. They specialize in different functional areas and are organized into six Area Groups.
Specialized programmes offered by the respective Area Groups include :
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, 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.