State Bank of India signed a memorandum of understanding (MoU) with the National Banking Institute (NBI), Kathmandu (Nepal) to set up a strategic alliance for development of NBI’s human resources in education, training and research.
Under this MoU, State Bank of India’s strategic training unit (STU) will educate, train and develop NBI’s HR department to transform it. Among other things, SBI and NBI will share their experience and expertise — faculty and research and development wing —as well as the infrastructure and administrative facilitates available to hold press conferences, seminars, workshops, and study and group discussions. The two organisations will collaborate to assist research scholars and faculties in undertaking project work and conducting various studies.
The National Banking Institute, a banking academy of Nepal, is already collaborating with leading institutions in India, including IIMs, MDI and ISB. As per the three-year MoU, SBI will offer its academic expertise and training infrastructure to train NBI personnel.