Commerce

Commerce

NIBM launches e-courses for bank staffers

PUBLISH DATE 3rd October 2017

The National Institute of Bank Management (NIBM) has launched online certification courses to enhance the competitiveness of bank employees.

These e-courses to be held in various banking disciplines include credit and treasury management, accounting, audit, among others.

Top bankers said there was a need for such courses for a long time. “Banks have been struggling to cope with rising non-performing assets (NPAs).Overall, economic growth has not been able to alleviate the stress on banks' portfolio,“ they said.

Besides, NIBM will also conduct special training programmes for banks, which have been placed under the prompt corrective action in view of high NPAs in these banks.

“These courses have been launched pursuant to the directions issued by the RBI in July 2014 for capacity building in banks and financial institution to arrive at a road map for implementing some of the non-legislative recommendations of the Financial Sector Legislative Reforms Commission (FSLRC),“ NIBM said in a statement.

The courses were launched on Saturday by the RBI deputy governor Viral Acharya.