IDBI Bank and Manipal Global Academy of BFSI (MGABFSI) have renewed a MoU for a further period of 2 years to enroll students for a one year Post Graduate Diploma in Banking and Finance (PGDBF) program. The arrangement works on the model of “Train, Recruit and Induct”. In 2019-20, MGABFSI will train a batch of 600 candidates for IDBI Bank who shall be ‘First Day, First Hour Productive’ and be well-versed in the industry-standard protocols. Robin Bhowmik, chief business officer, MGABFSI, said the program will help the bank establish itself as the country’s most credible public sector banks with a future-ready workforce. The program will be delivered in two phases. The candidates will spend the first nine months on the MGABFSI campus followed by three months at IDBI Bank’s branch where they will be provided with on the job training. The current batch consists of 158 trainees, who are in the third term of the program.
