E-learning services provider in banking and finance Finitiatives Learning India (FLIP) today on Friday 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 on Friday.FLIP rolled out its first centre at Chandigarh on Friday.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."