National Institute of Bank Management (NIBM) was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management. Its mandate is to play a proactive role of think-tank of the banking system.

The Institute is engaged in Research (policy and operations), Training & Education of senior executives of banks, and provides Consulting support to the banking and financial sector. As an institution of advanced learning, NIBM is well-equipped to train executives to function in a multi-cultural and multi-national environment. The Institute is located in sylvan surroundings in a picturesque valley within the Pune city in the State of Maharashtra. 

The Post-Graduate Programme in Banking and Finance (PGPBF), introduced in the year 2003-04 to groom new generation managers for the banking and financial services industry, is an additional key identity of the Institute. The PGPBF has been renamed as Post-Graduate Diploma in Management (Banking & Financial Services) – PGDM (B&FS) following recognition by AICTE, from 2013 onwards.