Established in 1928 as a Company under Section 25 of the Indian Companies Act, 1913, Indian Institute of Banking & Finance (IIBF), formerly known as The Indian Institute of Bankers (IIB), is a professional body of banks, financial institutions and their employees in India. With its membership of over 700 banks and financial institutions as institutional members and about 300000 of their employees as individual members, IIBF is the largest Institute of its kind in the world and is working with a Mission “to develop professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination, consultancy/counseling and continuing professional development programmes”.

During its 80 years of service, IIBF has emerged as a premier institute in banking and finance education for those employed as well as seeking employment in the sector, aiming for professional excellence. Since inception, the Institute has educated numerous members and awarded several banking and finance qualifications, viz., JAIIB, CAIIB, Diploma and Certificates in about 20 specialized areas and helped them to sustain their professionalism through Continuing Professional Development programs..

IIBF is a ‘Distance Learning’ Institute. In order that the candidates who appear for the examinations get adequate education/knowledge inputs, the Institute offers various educational services. The pedagogy of Distance Learning offered by the Institute is (i) publishing specific courseware for each paper/examination; (ii) publishing work books; (iii) tutorials through accredited institutions; (iv) contact classes; (v) virtual classes; (vi) e-learning through portal; (vii) campus training for selected courses, etc.

As a professional body, IIBF ensures that its members are given updated information about the profession they practice. Towards this end, the Institute offers a daily e-news letter called “Fin @ Quest”, a monthly bulletin – “IIBF-Vision”, a quarterly journal – “Bank Quest” and Reports based on the Research Studies commissioned by the Institute on the subjects of topical importance to bankers and finance professionals, besides organizing Seminars, Conferences, Lecturers, short duration programs and Management Development Courses in collaboration with leading management institutions, as part of Continuing Professional Development.

IIBF has collaboration with (i) Indira Gandhi National Open University (IGNOU) for offering CAIIB-linked MBA in Banking & Finance; (ii) Punjab national bank institute of information technology (PNBIIT) for an Advanced Diploma in Banking Technology; and (iii) Commercial Bank of Ceylon Limited (CBCL) for customized Certificate and Diploma Courses in Banking Studies for the bankers in Sri Lanka.

The Institute is managed by a Governing Council comprising eminent persons from the banking and finance sector, academicians and professionals. The day-to-day management of the Institute vests in the hands of the Chief Executive Officer who in turn is supported by a Deputy CEO, Director of Academic Affairs, Director of Examinations and Director of Administration.