An Autonomous Apex Institute Established by RBI & Banks. The Institute Established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution, with the mandate of playing a proactive role of "think-tank" of the banking system,, the National Institute of Bank Management (NIBM) is part of the grand vision of giving a new direction to the banking industry in India and making the industry a more cost-effective instrument for national development