RBL Bank signs MoU with Manipal Global Education Services for a 1 year Banking Training Program


28 June 2016, Mumbai: RBL Bank, one of India’s fastest growing private sector banks, has signed a Memorandum of Understanding (MoU) with Manipal Global Education Services (MaGE) to offer a customised Banking Training Program for participants at their Banking Training Campus in Bangalore.


MaGE’s Banking Training Program is a customised residential one-year full time training program comprising of eight months on-campus residential training and two months each of mid Internship Training and final Internship Training at an RBL Bank branch. It is designed to skill learners on various areas of Banking and Finance disciplines coupled with intensive computer/software application skills training.


On successful completion, students will be awarded a Post Graduate Diploma in Banking Foundation and will be offered employment at RBL Bank. The aim of the Banking Training Program is to mould officers of high calibre in the banking field and create productive workforce. The first part of the Banking Training Program will commence on August 2016 in Bangalore.


Speaking on this occasion, Ms. Shanta Vallury Gandhi, Head - HR, L&D, Internal Branding and CSR, RBL Bank said, "We are happy to partner with MaGE to build a managerial pipeline of banking professionals at RBL Bank. This is in line with our endeavour to create holistic bankers with complete understanding of new-age banking. This initiative would further enhance the customer experience for our clients.”


Mr. S Vaitheeswaran, MD and CEO, MaGE said, “We are delighted to enter into the MoU with RBL Bank. MaGE aims to provide quality education, training and skills with strong industry connect and this program with RBL Bank reflects that deep interest and commitment. MaGE has been successfully applying this Industry-Academia business model with other banks in India. We believe relationships such as these will be truly beneficial to the industry, ensuring first-day-first-hour productivity. We are sure that this program will pave the way to many active collaborative engagements that will benefit the banking, financial services and insurance industry.”


About RBL Bank


RBL Bank Ltd is one of India’s fastest growing private sector banks in the last six years with an expanding presence, with 197 branches and 362 ATMs as of March 31, 2016 spread across 16 Indian states and union territories. The Bank has been recognised by the World Economic Forum as a ‘Global Growth Company’ (GCC) for 2014 and has also been awarded “India’s Best Bank (Growth) in the Mid-Sized Bank segment” for four consecutive years, 2012, 2013, 2014 and 2015 and  “Best Bank Overall (Small)” for 2015 by Business Today and KPMG.


Established in 1943, RBL Bank started a transformational journey under a new management team in 2010. Today, the Bank offers specialised services under six business verticals namely: corporate & institutional banking, commercial banking, branch & business banking, agri business banking, development banking and financial inclusion, treasury and financial markets operations.


Further details: www.rblbank.com