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Business

Bajaj Finserv launches 100th batch of CPBFI

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Last updated: Sep 09, 2019, 10:34 IST
By Ankur Sharma
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Bajaj Finserv launches 100th batch of CPBFI
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Bajaj Finserv launched the 100th batch of CPBFI (Certificate Programme in Banking, Finance and Insurance) at G. S. College of Commerce & Economics, Nagpur. Currently, CPBFI is present in over 25 locations in Maharashtra, Goa, Karnataka, Madhya Pradesh, Andhra Pradesh and Tamil Nadu. So far more than 2,000 students have successfully completed the programme and many have been employed by the leading financial services companies. During the first 2 job fairs conducted by Bajaj Finserv, 243 candidates (out of 443) were selected for various roles by leading banking, finance, life insurance and general insurance companies.

CPBFI is a customized 40-day Certificate Programme aimed at enhancing the employability of graduate and postgraduate students. After completing the programme, the graduates can apply for different entry-level roles in the financial services industry. The programme is creating a trained and versatile pool of graduates for the BFSI industry, that faces acute shortage of local talent and high employee attrition, especially outside the Tier 1 towns.

Commenting on the milestone, Mr Ajay Sathe, Group Head – CSR, Bajaj Finserv Ltd, said, “Through CPBFI, we are creating employment opportunities for graduates, especially first-generation graduates. It is very gratifying to see our training helping these graduates get a job in a top company and sometimes, start earning as much as their parents. 100th batch is an important milestone in our journey, but we have lot of distance to cover. I hope recruiters from the BFSI industry would take note of the talent pool being created through this programme.” CPBFI is a CSR initiative by Bajaj Finserv Limited, Bajaj Finance Limited, Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited.

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