RBL Bank Successfully Trains & Hires 21 Students from Jammu and Kashmir as a Part of ‘Udaan' Initiative

RBL Bank (formerly Ratnakar Bank), one of India’s fastest growing mid–sized private banks, hires close to 70% of the first batch of Jammu & Kashmir students upon their successful completion of the first round of National Skill Development Corporation (NSDC)'s ‘Udaan’ initiative - a joint training and employment initiative in partnership with Basix Academy for Building Lifelong Employability , that started in December 2013.

In order to bring about a positive change in the employment and skills space in Jammu & Kashmir, RBL Bank associated itself with this unique initiative - ‘Udaan’. Several talented youth from Jammu & Kashmir were provided a 6 months intensive training in Banking and Financial services that comprised of three months classroom training on banking as well as a three month on-the-job training, conducted in Mumbai.  

As a part of ‘Udaan’ initiative the graduates and post graduates of Jammu and Kashmir were provided corporate level exposure in various streams of Banking and Financial Services. The professional training and career opportunity with RBL Bank helped them learn Banking and grow as professionals. This initiative has opened the doors for RBL Bank to reach the rich talent pool available in Jammu & Kashmir.

RBL Bank has selected 21 students in main-stream banking and financial sector across geographical areas pan India for various roles under multiple business streams that include Agri Banking, Financial Inclusion, Operations and Retail Assets.  The students feel that 'Udaan' has been a great learning experience for them and has provided them a unique opportunity to build a career in Banking services. They were very happy that RBL bank had given them an opportunity to work across various business units and they feel delighted to be a part of RBL Bank family. Seeing the success of the first batch of ‘Udaan’, RBL Bank is happy to go ahead with the 2^nd batch of ‘Udaan’.

On this occasion Mr. Manoj Rawat, Head, Agribusiness at RBL Bank said “We are very happy to be associated with “Udaan” initiative. This association provides us an excellent platform to train the talented youth of J&K and provide them employment opportunity in RBL Bank. We are hopeful that these young candidates will prove to be valuable assets for the Bank. We look forward to train, skill and hire the next batch of talent from J & K in the coming months."

About RBL Bank (Ratnakar Bank):

RBL Bank is one of India’s fastest growing scheduled commercial banks with an expanding presence across the country. It has currently grown to a network of over 185 branches / 350 ATMs across 12 Indian states and has been rated as "India’s Best Bank (Growth)" in the mid-sized bank segment by Business Today-KPMG study in 2012 & 2013.

Established in 1943, RBL Bank undertook a transformational journey under a new management team in 2010. It embarked on an aggressive growth plan based on a robust platform of professional governance, relationships, technology infrastructure, high quality capital and geographic expansion.  Today, RBL Bank offers specialized services under the five business verticals namely: Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets. The Bank currently services more than 700,000 customers and has a total business size of over Rs. 20,000 Cr. Over the last three years, it has infused capital of over Rs. 1,500 Crores from some of the most notable global and domestic names, taking the TIER 1 capital to Rs. 2,000 Crores (approx).  For more information, please visit www.rblbank.com

About National Skill Development Corporation (NSDC):

The National Skill Development Corporation India (NSDC) is a one of its kind, Public Private Partnership in India. It aims to promote skill development by catalyzing creation of large, quality, for-profit vocational institutions. It provides funding to build scalable, for-profit vocational training initiatives. Its mandate is also to enable support systems such as quality assurance, information systems and train the trainer academies either directly or through partnerships.

About B-ABLE:

The mission of B-ABLE is to enhance the ability of the under-educated and under-skilled to become self-employed, find meaningful work and continually upgrade their competencies by offering them technical, commercial and life skills, mostly for the unorganized sector which today constitutes 93% of total jobs in India. B-ABLE aims at building an inclusive India by providing locally and globally relevant skills and attitudes to 1 million learners for their lifelong employability. Established in 2009, B-ABLE is the oldest partner of National Skill Development Corporation and has trained more than 30000 youth in last 4 years through 120 training centres.

 Media Contact(s): 

Shwetha Thomas

RBL Bank

T: +91 22-43020546

M: +91 9821287390

E: shwetha.thomas@rblbank.com

Anand K. Lalwani

REPUTE

 Public Affairs & CSR Solutions

T: +91 22 2605 9019

M: +91 8108345508

E: anand.lalwani@reputesolutions.com