The Hindu Business Line : Syndicate Bank training institute ties up with CMC

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Mangalore Feb. 22 Syndicate Institute of Bank Management (SIBM), Manipal — the training institute of Syndicate Bank — recently entered into a tie-up with CMC Ltd with the aim of making SIBM a centre of excellence of global standards and to provide quality management education.

A press release by the institute said here that the first training programme under this tie-up was inaugurated on Thursday at the institute premises.

Inaugurating the training programme on `Data warehousing and business intelligence,' Mr B. Pramod, General Manager (Personnel), emphasised the need of training in the face of new challenges faced by Indian banks. With concepts like Basel II, measurement of operational risk, and risk-based supervision confronting the banking industry, technology and training are two key tools that will help them to overcome these challenges, he said.

Mr B. Santhanakrishnan, General Manager (Training) and Principal of SIBM, dwelt upon the training imparted by the bank to its officers all over India through the video conference. In the current context when most of the banks have put in place core banking solutions, the next stage of banking technology evolution should take the Indian banks to exploit the resources and information for better customer relations, customer retention, marketing and compliance of regulatory requirements.

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