Institute of finance banking and insurance

IFBI Celebrates Its Journey to Success

IFBI and Dhanalaxmi Bank tieup gives a career start to over 300 students.


New Delhi, India-- (SBWIRE) -- 03/11/2010 -- The Institute of Banking, Finance and Insurance (IFBI) was founded on September 26, 2006. In a short span of over 3 years, IFBI has trained over 24,000 students and professionals of the BFSI industry. IFBI has also placed over 7000 students who have graduated from IFBI after successfully completing its Industry oriented PG Diploma Programs like Post Graduate Diploma in Banking Operations, PG Diploma in Financial Planning and Relationship Management and PG Diploma in Banking & Financial Services and Post Graduate Diploma in Retail Banking.

IFBI’s President Mr. S. Venkatesh who has been associated with IFBI since inception said “It gives us immense satisfaction to be able to contribute to the BFSI industry and also launch so many student careers “.

To demonstrate IFBI Success, Mr. Venkatesh mentioned about the partnership with Dhanalaxmi Bank.

IFBI partnered with Dhanalaxmi Bank (DBL) in June ’09 to help it realize its ambition of becoming one of the Top 5 private banks in the country in record time. The DBL-IFBI partnership opened up opportunities for placement, special programs in retail banking, testing and examination services from IFBI as well as corporate training.

In a short time the DBL-IFBI collaboration has proved fruitful. Five special batches were conducted at Chennai to meet the requirements of the bank at Tamil Nadu and Kerala—to serve the Bank’s needs for domain knowledge, application skills as well as familiarity with local language. In addition to the special batches, students from various centres got placed at Dhanalakshmi Bank including Delhi, Chandigarh, Mumbai, Pune, Hyderabad, Mysore, Lucknow, Bangalore, Chennai, Nagpur, Bhopal, Kolkata and Bhubaneswar to name a few.

Another milestone of IFBI”s successful journey was achieved when the IFBI Corporate Training team added Genpact BPO, Allahabad Bank and Dhanalakshmi Bank to their already formidable client list including Deutsche Bank and L&T Finance. Mr. Venkatesh further added , ”The industry is constantly evolving with new requirements and there are a number of opportunities for students and professionals. We look forward to serving the needs of increased number of students and industry”.

In addition, the IFBI Industry Alliances Team has added many new organizations to their Recruiters List. As a result, many IFBI students have been recently recruited for various profiles across the sector. While New India Cooperative Bank and Calyon Bank opened up opportunities in select locations for Banking Operations, Kotak Mahindra Bank reopened recruitments and selected 34 students at different locations pan-India. ING Vysya Financial Services & ING Vysya Life Insurance, have also commenced placements with IFBI for Sales & Bancassurance.

About IFBI
NIIT Institute of Finance Banking & Insurance (IFBI), formed by NIIT with equity participation from ICICI Bank, offers programs for individuals and corporates in Banking, Financial Services and Insurance.

Contact :
Sakshi Jain , Program Coordinator
Institute of finance banking and insurance
011 – 46509472 ,46527600