- SBI’s MoU with National Banking Institute (NBI), Kathmandu shall be a mutual cooperation in the academic sphere like trainings, seminars, etc
Mumbai – October 10, 2018: Country’s largest lender State Bank of India recently entered into a Memorandum of understanding (MoU) with National Banking Institute (NBI), Kathmandu (Nepal) to establish a mutually beneficial strategic alliance for development of NBI’s human resources in the areas of education, training and research.
Under this MoU, State Bank of India’s Strategic training Unit will impart education, training and development to facilitate transformation of NBI’s HR department. SBI and NBI will share available infrastructure and administrative facilitates in organising press conferences, seminars, workshops, study and group discussions. They will also share their expertise and experience in terms of faculty and Research and Development (R&D) wing. Additionally this alliance will provide assistance to research scholars and faculties to undertake project work and conduct various studies.
An apex banking academy of Nepal, National Banking Institute is already in tie-ups with leading institutions in India including IIMs, MDI, ISB, etc. SBI in this 3 years’ MoU with NBI is all set to offer its academic expertise and training infrastructure to train personnel of NBI.
About State Bank of India
State Bank of India (SBI) the largest commercial bank in terms of assets, deposits, branches, customers and employees; is also the largest mortgage lender in the country. As on June 30, 2018, the bank has a deposit base of Rs. 27.47 lakh crore with CASA ratio of 45.07% and advances of Rs. 19.09 lakh crore. SBI commands a 32% market share in Home Loans and a 35% market share in Auto Loans. The Bank has the largest network of nearly 22,500 branches in India and an ATM network of nearly 59,000 ATMs. Downloads for YONO – an integrated digital and lifestyle platform by SBI – are over 1 Cr, with more than 3 lakh logins per day. More than 1.6 million SB accounts were opened on this platform, reaching a peak of over 27,000 accounts per day. On social media platforms, SBI has the highest number of followers on Facebook, YouTube, LinkedIn and Pinterest. The Bank tops the list of followers on Facebook and YouTube across all banks worldwide.