Amity University

Uttar Pradesh

Savita Mehta Amity University Campus

Vice President - Media Block E-II, 2nd

Floor

Sector – 125, Noida Ph: 0120 - 4392620

Fax: 0120-4392622 www.amity.edu

July 1, 2013

Training of 500 Probationary Officers of Allahabad Bank

begins at Amity

Allahabad Bank plans massive hiring in coming years

Amity Institute of Training and Development (AITD) started three month “Training

Programme” for 500 Probationary Officers (POs) of Allahabad Bank at Amity Campus, Sector-

44, Noida.

Amity Institute of Training & Development (AITD) was selected by Allahabad Bank, as part of

the MoU signed between AITD and Allahabad Bank, to undertake the challenging task of

designing, developing and delivering the training program through an intensive and competitive

procedure. This is for the first time that a Public Sector Bank has decided to organize a long,

intensive and focused training program for such a large number of their new recruits. The

Bank plans to employ around 1500 new POs in the current year to meet the HR requirements.

The initiative taken by the CMD is to ensure that the young POs are professionally trained,

through the first 3 months of their career, in a manner that they are ready to effectively serve

in the Branches right away.

Ms. Shubhalakshmi Panse -CMD, Allahabad Bank inaugurated the Training Programme. Dr.

Ashok K Chauhan- Founder President, Amity Group and Mr P S Bhatia GM – HR, Allahabad

Bank were among those present on the occasion.

Welcoming the august gathering, Mr. K S Bains (a retired IAS officer and a Padma Shree

Awardee) Advisor, AITD - said that it is for the first time that a Bank has thought of imparting

such a comprehensive training to the new recruits. He lauded the initiative and decision taken

by the CMD of Allahabad Bank and expressed that the training programme would initiate long

interaction and association of Amity with Allahabad Bank.

Sharing her enthusiasm on the occasion and addressing the POs, Ms. Shubhalakshmi Panse -

CMD, Allahabad Bank said, “Banking industry plays a vital role in economy of the country. India

has a robust and stable banking system as a result of which no big bank goes down in India. In

India, Private and Foreign Banks contribute 30% to the economy of the country, rest 70%

contribution is by Public Sector Banks.” She informed that after nationalization, there was a

huge expansion in the banking sector, which led to the massive hiring in the sector. From 1984-

1997, there was a complete embargo in the recruitment in the Banking sector. Subsequently,

there became two factions in the banks- one of the old and experienced employees who are

not tech savvy and other of young employees who are tech savvy but are tad little on the

experience.

She remarked that the present training of POs is a step taken to seamlessly integrate the young

POs with their seniors in the Banks. She revealed that in 2017-18, Allahabad Banks would see

massive retirement and there would not be many senior persons left to share the expertise

and train the young blood. She informed them that, due to the foreseen situation, the

Promotion system has been compressed at Allahabad Banks and anybody can become General

Manager at the age of 41-45. At the same time, she reminded the POs of the great

responsibility that would come as a result of compressed Promotion system; they would get

less time for maturing as banker and they have to slog and gain that experience in 2-3 years

which their seniors did in 7-8 years.

Talking about the relevance of Training Programme and choosing Amity for the same, , Ms.

Shubhalakshmi Panse remarked that Allahabad Bank has planned an upward growth trajectory;

Bank has planned to achieve Rs. 3,60,000 crore of total Business by 31st March, 2014, for which

the Bank is planning to hire and induct scores of new people into the system. To provide

training to such a large number of POs in in-house training centres is not possible and Amity has

requisite infrastructure, trained manpower to deliver the same in the best possible manner.

She, further, shared that during the 3 months of training, POs, who are generally from diverse

backgrounds, will be taught the nitty- gritty of the Banking including the use of CBS software,

mobile banking, payment and settlement. The training would groom them to take over their

outlined roles and responsibilities in the respective branches.

Motivating the new recruits, Ms. Panse encouraged them to be ethical and restrain from taking

short cuts since in the long run, it is their character and innate values which will make or mar

their future. She stressed that one factor that Allahabad Bank looks forward to in all the

potential employees is “Loyalty”.

Addressing the gathering, Dr. Ashok K Chauhan- Founder President, Amity Group

congratulated the young POs and assured them that Amity would groom them to become

successful professionals and good human beings, who will change the Banking scenario of the

country. He gave them the mantra of ‘BHAAG” where “B” stands for Behavioral Science, “H”

stands for Hard work, “A” stands for Attitude, another “A” stands for Ambition and “G” stands

for God. Dr. Chauhan convinced them that if they follow “BHAAG” in their life, they will never

be left behind in their lives.

Sharing her views, one of the POs from Dwarka, Delhi, Ms. Preeti Mudgal who is an MBA-

Finance and Marketing expressed that she comes from the family of bankers and always

aspired to become a part of the Banking sector. Radiating with confidence and enthusiasm, Ms.

Mudgal said that she prepared for the entrance exam rigorously for 4-5 months and coming

from Finance Background made it easy for her to clear the entrance exam and personal

interview. Talking about the relevance of the Training programme, she stressed that the

training would give her practical information about the working of Allahabad Bank, practice on

dummies and continuous interaction with the senior officials of the Bank would ease their

assimilation into the system.

Under the first phase of the programme, trainers from Amity will teach various modules to the

POs that would include a mix of soft skills and technical skills such as “Legacy of India’s Banking

Industry”, “Regulatory Framework”, “Customer Relations”, and “Banking Operations”, “IT based

Core Banking Solution (CBS)”, “Team Building, Motivation & Leadership”, “Customer Relations

& Management and Customer Service.

About AITD

AITD is the nodal Institute of AUUP for conducting corporate training programs in several fields

of business activity. AITD conducts a wide range of training programs covering Managerial &

Technological Competence, Functional and Soft Skills, Motivation & Leadership, Team

Development, and Management Development Programs. Programs are conducted at University

Campus at Noida and other in other locations throughout the length and breadth of the country.

Led by Mr K S Bains, a retired IAS officer and a Padma Shree Awardee, AITD is now a renowned

training provider, with its activities helping HRD processes of the corporate sector of India and

abroad.

AITD has just completed a one year long training program (medium of instruction being Russian

language), on Communication Skills, for an Oil & Gas Company in Turkmenistan. AITD had

commendably trained Volunteers (22000 trainees and 8000 officials) for XIX Commonwealth

Games, held in New Delhi. Amity trained Volunteers were given a standing ovation by

spectators’ gallery during the Game’s Closing Ceremony.

For more details you may please contact, Sampada Sansara on 99101- 00253

Maj Vinod Krishna

Director,

Amity Institute of Training & Development,

Sector 125,

Noida 201301, India

Tel : +91 120 4392789

Mob: +91 9717991465 (Mob.)

Alt. Email: krishnavinod2001@gmail.com

07/02/2013 : Three months Training Program for Probationary Officers of Allahabad Bank begins at Amity University

Dainik Jagran - Noida - Page 18

07/02/2013 : Prof. Dennis Gash, President IACBE - USA visits Amity University

Dainik Jagran - Noida - Page 18

07/02/2013 : Three months Training Program for Probationary Officers of Allahabad Bank begins at Amity University

Hindi Hindustan - Noida - Page 17

07/02/2013 : Training of 500 Probationary Officers of Allahabad Bank begins at Amity University

Hindustan Times - Noida - Page 08

07/02/2013 : Three months Training Program for Probationary Officers of Allahabad Bank begins at Amity University

Navbharat Times - Noida - Page 05

07/02/2013 : Three months Training Program for Probationary Officers of Allahabad Bank begins at Amity University

Rashtriya sahara - Noida - Page 08