NIIT IFBI Announces ACE Banker Program in Collaboration with HDFC

NIIT IFBI, an NIIT subsidiary, announced on Monday, July 29 the launch of the “ACE Banker Program” in collaboration with HDFC Bank.

Key Takeaways from the NIIT HDFC Bank’s Collaboration

• NIIT announced the launch of the “ACE Banker Program” in collaboration with HDFC Bank.
• The ACE Banker Program equips participants with essential skills for customer service roles at HDFC Bank.
• 45 days of residential training will be conducted at NIIT University’s campus. 
• Graduates will receive a joint certificate from the HDFC Bank and NIIT Limited and may also get jobs.

‘The ACE Banker Program is designed to address the evolving needs of the banking sector by equipping participants with the essential skills and knowledge required to excel in customer service roles at HDFC Bank. This comprehensive full-time program includes 45 days of residential training at NIIT University’s Campus’,the company said in a stock exchange filing.

The ACE Banker Program is designed for those entering the banking field, offering a comprehensive 45-day training that equips participants with essential skills and industry insights. The program addresses the demand for job-ready talent through an immersive curriculum that includes:

• Interactive Classroom Sessions: Engaging lectures by industry experts.
• Practical Exercises and Simulations: Real-world scenarios for applying knowledge.
• Team-Building Activities: Collaborative projects to enhance teamwork and leadership skills.

The company also stated that upon completion of the course, candidates will receive a joint certificate from HDFC Bank and NIIT Limited and would be offered jobs, subject to the terms and conditions of the Program.

Pankaj Jathar, Chief Executive Officer, NIIT said, ”Our strategic collaboration with HDFC Bank for the ACE Banker Program will not only address the talent needs of HDFC Bank but also unlock new employment opportunities for aspiring individuals and will contribute to the banking industry's talent pool.” 

“The ACE Banker Program is a positive step that will further help add to and nurture high-calibre talent in customer service. This initiative seeks to establish a robust talent pool in the customer experience domain, offering substantial career opportunities to young professionals eager to join the banking sector”, Vinay Razdan, CHRO, HDFC Bank said.

About National Institute of Information Technology Limited

The NIIT Group is a global leader in managed training services and a digital talent development company that works to enhance worker talent and generate competent human capital. It was founded in 1981 to assist the fledgling IT sector in overcoming its human resource obstacles.

With a wide range of talent development programs, NIIT Group is one of the top training organisations in the globe. NIIT Group provides learning interventions to get better results, and it has a presence in more than 30 countries. NIIT Limited (NIIT) and NIIT Learning Systems Limited (NIIT MTS) make up the group. 

NIIT Institute of Finance Banking and Insurance (NIIT IFBI) is the preferred training partner for the BFSI (Banking, Financial Services, and Insurance) sector, offering both standard and customised training solutions for banks, insurance companies, financial services organisations, and IT/TES organisations. 

About HDFC Bank Limited

HDFC Bank was incorporated in August 1994 as HDFC Bank Limited, with its registered office in Mumbai, India, and began operations as a Scheduled Commercial Bank in January 1995. The Housing Development Finance Corporation Limited (HDFC Ltd) was among the first financial institutions in India to receive an “in principle” approval from the Reserve Bank of India (RBI) to set up a private sector bank, as part of RBI’s 1994 liberalisation policy.

On April 4, 2022, the merger between India’s largest housing finance company, HDFC Limited, and the largest private sector bank, HDFC Bank, was announced. Over its 45 years, HDFC Ltd has established a leading position in the housing finance sector, while HDFC Bank offers a comprehensive suite of home loan products across urban, semi-urban, and rural India.

As of June 30, 2024, HDFC Bank’s distribution network includes 8,851 branches and 21,163 ATMs/Cash Recycler Machines across 4,081 cities and towns. Its international presence comprises branches in Hong Kong, Bahrain, Dubai, and an IFSC Banking Unit in Gujarat International Finance Tech City, with representative offices in Kenya, Abu Dhabi, Dubai, London, and Singapore. These offices, formerly part of HDFC Ltd, now support housing loan services and property purchases in India.

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