International Institute of Financial Markets Ltd (IIFM), one of the most aggressive financial warehouses of the country today signed an MOU with IndusInd Bank for their training DEAL (Drop Everything And Learn) initiative.
DEAL initiative is for all the sales employees of the bank who would be provided weekly training on current economic and financial systems and is based on the axiom of knowledge first to service better.
The agreement is as per the philosophy of IndusInd bank which aims at providing the most knowledgeable and trained staff to service its 2 million customers.
An IndusInd representative commented that the DEAL initiative between IndusInd and IIFM would run across the 180 branches of the bank and is in sync with the bank’s philosophy of efficiency and long term profitability.
Mr Pranav Chaturvedi, Director, IIFM ltd present on the occasion termed the partnership as not only a major breakthrough for IIFM ltd but also for the entire financial sales industry where the sales force typically struggles to provide an educated and knowledgeable advice to their clients.
Mr. Zubin Mody, Head HR, IndusInd Bank believes, “DEAL is a pan India learning initiative aimed at enhancing business, managerial and leadership skills of Bank's employees. DEAL promotes participatory learning with onus of training team members resting on line managers, with HR acting as learning partner by providing periodic learning inputs and continuous support to these team leaders.”
About Indus Ind Ltd
IndusInd Bank is a fast growing, new-generation private-sector Bank was incorporated in 1994. It caters to the needs of both Consumer & Corporate clients and has a robust technology platform supporting multi-channel delivery capabilities.
The Bank enjoys a patronage of 2 million customers and has a network of 180 branches, 402 ATMs spread across 147 geographical locations in 28 states and union territories as on September 30, 2009. It also has representative offices in Dubai and London.
About IIFM ltd
IIFM is an educational foundation dedicated to providing quality and unbiased information, research data and instruction to financial industry professionals, market users, investors and academia. IIFM is a pioneer institute in the field of financial market education, certifications, mentoring programs, training and development workshops.
IIFM ltd is devoted to the cause of financial services industry and take pride in development of new and expanded educational materials, training programs and market data. Apart from education, IIFM today, stands as the premiere in financial knowledge services and is one of its kinds, financial knowledge link between the markets and the end users.
They are registered as an Education provider with Financial Planning Standard Board of India (FPSB) for the Certified Financial Planner CM course. Apart from CFP CM, IIFM provides a certification of Stock trading operations and Forex Derivatives courses. They also have sales based courses for all financial products including mutual funds, life insurance.
IIFM’s operations spread mainly across training and research on financial products and markets and their strength lie in impeccable distribution network, best faculty and a cutting edge research team.
