The Indira Gandhi National Open University (IGNOU) has signed a Memorandum of Understanding (MoU) with an autonomous institution promoted by the central government to develop banking in rural areas, officials said on Tuesday.
Signed between IGNOU's School of Agriculture (SOA) and the Bankers Institute of Rural Development (BIRD) promoted by the National Bank for Agriculture and Rural Development (NABARD), a post graduate diploma in rural banking would b
"The programme aims to develop professionals in rural banking and bridge the gap between programmes currently available and those required by the market for an overall rural development," an IGNOU official said.
"It also focuses on having joint programmes to address current and emerging needs of the agriculture and rural sector," he added.
According to the varsity, graduates with minimum 50 percent aggregate marks and 45 percent marks for reserved category are eligible to apply for the programme. The age limit is at 25 years and 30 for those in service