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PSUs — 07 August 2012

By Staff Reporter

New Delhi

Punjab National Bank (PNB) and Manipal Global Education Services Pvt. Ltd (MaGE), Bangalore have signed a Memorandum of Understanding(MOU) on 07.08.2012 for the  induction of Management Trainees in JMG Scale-I, post imparting them with the necessary knowledge and skills required to be good all-round bankers through a one year ‘Post Graduate Diploma in Banking and Finance Course’ (PGDBF). The MOU was signed by Sh. V. Sivaramakrishnan, (Executive President) MaGE, on behalf of MaGE, Bangalore and Smt. Sushma Bali, (General Manager-HRD), on behalf of Punjab National Bank, in the presence of other Senior Executives from Manipal Group and PNB.

In terms of the agreement, PNB will provide MaGE a Batch of 120 students for the course of 12 months to commence around Sept. 2012. The selection criteria for the students, is minimum specified IBPS Score in IBPS CWE for PO’s/MT’s conducted in 2011, along with Group Discussion and Interview. During the course of the Program, Punjab National Bank will pay students attractive monthly stipend for the first 9 months and suitable remuneration during their three month internship with the Bank. Other attractive features include Full Fee Financing through Education Loan from Punjab National Bank and Loyalty Bonuses leading to refund of full course fee on getting promoted to higher Scales.




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