FLIP to open 10 learning centres

Image
Press Trust of India Chandigarh
Last Updated : Sep 12 2014 | 5:05 PM IST
E-learning services provider in banking and finance Finitiatives Learning India (FLIP) today said it will open 10 learning centres at various cities as it foresees generation of 20 lakh jobs in next 10 years in the country's financial sector.
FLIP, whose certifications are endorsed by various private banks including HDFC bank, Axis bank, Kotak Mahindra bank, offers certification programmes for banking and finance sectors.
"We are going to open 10 learning centres at places including Bhubaneswar Jaipur, Indore, Pune, Coimbatore this year," FLIP, CEO and MD Anjali Mullatti told reporters here today.
FLIP today rolled out its first centre at Chandigarh.
Mullatti said there could be a demand for 20 lakh employees over next 5-10 years on the back of growing country's banking and finance sector.
"50 percent of India's population is estimated not to have access to bank account. With the Centre's push for financial inclusion, banks are expected to open hundreds of branches in smaller towns and villages.
With more than 2.14 crore accounts having been opened in just the first two days of 'Jan Dhan Yojana', we are looking at a demand for 20 lakh-plus employable youths, over the next 5-10 years," she said.
"This makes it imperative to substantially scale up and strengthen infrastructure for educated youth to be trained professionally to suit specific requirements of the sector," an IIM alumni said.
Mullatti said FLIP has partnered with Finacle from Infosys, country's most popular banking software, to offer India's first e-learning programme in retail banking operations.
On opening its first centre here, she said, "Chandigarh is specifically selected as the location for the first FLIP Learning centre as it is a key educational hub of north India, catering to the education needs of not just Chandigarh but also students from Punjab, Haryana and Himachal Pradesh.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 12 2014 | 5:05 PM IST

Next Story