National Institute of Bank Management (NIBM) was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, 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 industry a more cost-effective instrument for national development. Therefore, helping the managers in their endeavour to make their organizations competitive both in domestic and international markets is the mission of the Institute. NIBM, an autonomous academic institution, is governed by a Board, its highest policy-making body. The Governor of the Reserve Bank of India (the central bank of the country), is the Chairman of the Governing Board. The Institute is located in sylvan surroundings in a picturesque valley within the Pune city in the State of Maharashtra. The Campus is spread over a 60-acre plot of undulating landscape with minimum of distraction and pollution. It has its own self-contained campus with complete residential and educational facilities. 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.
