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

Bangalore, June 29, 2016: 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 - Human Resources, Learning and Development, 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.”