NIBF: Creating Day Zero-Ready BFSI Professionals

Several surveys claim that Indian banking sector will employ an additional 1.5 million people in the coming years with an estimated seven lakh jobs being created in the next year alone. In addition to this, the BFSI sector is poised for its next growth wave with new-age financing companies and mid-tier companies gearing-up for expansion. Unfortunately, skilled manpower is not easily available to meet this growing requirement due to high attrition, competition and faster growth in business. Today, the major problem faced by BFSI industry is the scarcity of employable manpower with 58 percent of India’s financial institutions finding it difficult to engage the perfect candidate with upgraded skills.

Raipur-based NIBF (owned by GEM Learning Services Pvt. Ltd.) has been working closely with the industry to resolve aforementioned issues in-order to provide skilled and employable manpower for the BFSI sector. Under its unique training methodology of education to employability, the company moulds employable students into Day-Zero-ready professionals by developing their desired skill sets, enabling them to cope-up with the challenging business environment, acknowledging the needs & opportunity of the current era and fulfilling the industry performance gap. Since inception, NIBF has trained & certified more than four lakh aspirants from various BFSI companies across 21+ states. “Right from our first assignment in 2011 to conducting the world’s largest single training program, we have constantly improved upon the quality of our learning & development interventions. Since majority of the demand comes from Tier-II and Tier-III locations of the country, our trainings have had both a corporate and a regional flavour to them,” professes Biswajit Chattaraj, Co-Founder & Director, NIBF.
Biswajit Chattaraj,Co-Founder & Director

Biswajit Chattaraj

Co-Founder & Director

Understanding the need of the hour, NIBF offers customized corporate training programs to resolve the client’s business needs

A Plethora of Services to Offer

NIBF’s flagship offering Post Graduate Certification in Banking & Finance (PGCBF) equips candidates with relevant skills to thrive-in the emerging digital financial landscape whereas its other corporate-focused courses give aspirants an opportunity to learn from experienced finance industry professionals & renowned educationists. Understanding the need of the hour, the firm offers customized corporate training programs to resolve the client’s business needs. Its hire-train-deploy model imparts experience-based practical education and acts as a tool for industry-academia interface. It has engulfed approaches like VR-based training modules for functional & behavioural areas, and machine learning to enhance training experience that ameliorates workforce efficiency and overall productivity of the clients. NIBF, through its network of 400+ trainers, is delivering the best in class training (content presentation: 14 languages) on newer technologies and inculcates soft skills which are critical for success in the corporate culture.
Alongside, NIBF deploys SaaS offerings such as assessment portal, TMS, and learning portal for streamlining training operations. Unlike others, the company doesn’t follow teach-and-go methodology, but rather bestows individual mentoring and ensures that the delivered training translates into measurable output. NIBF is playing a pivotal role in BSFI space where it has partnered with 23 prominent companies in the sector to design learning & development solutions for covering the entire gamut of employees, right from sourcing and training feet-on-street to developing and onboarding regional heads. The venture also associates with various government skills development schemes like DDU-GKY and Roshni. “When the RBI issued differential banking licenses to payments banks and small finance banks, we were prepared and subsequently, became a part of the transformation journey of institutions like Fino Payments Bank, Utkarsh Small Finance Bank and others,” adds Satendra Shrivastava, Co-Founder & Director, NIBF.

Clients prefer NIBF as their L&D partner not just because of its solid instructional design, but due to its seamless execution & commitment-led delivery. “We wish to change the current scenario and bring the skill back at the centre of skill development via students, teachers, and technology and become a household name in the sphere of education and training,” concludes the duo.