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19 October, 2018 21:01 IST
State Bank of India signs MoU with NBI Kathmandu
Source: IRIS | 08 Oct, 2018, 09.47AM
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State Bank of India (SBI) 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 (Q,N,C,F)* 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.

Shares of the company gained Rs 1.45, or 0.56%, to trade at Rs 259.25. The total volume of shares traded was 128,745 at the BSE (9.37 a.m., Monday).

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