New Delhi: Airtel Payments Bank and National Skill Development Corporation (NSDC) on Wednesday announced a partnership to skill youth in rural India and enable them to find employment opportunities within the financial services industry.
Financial services — banking, payments, insurance and allied services — are growing rapidly in the country and in particular, the underpenetrated markets comprising villages and Tier 4/5/6 towns.
These services present a massive opportunity in tandem with the Government’s vision for financial inclusion. Youth population coming from the emerging markets has the potential to be a part of this growth journey.
The partnership aims to combine NSDC’s rich experience, deep training infrastructure, and wide network with Airtel Payment Bank’s industry insights to design and conduct targeted skill development programs for rural youth.
The Skill Development Programs will be tailored for imparting knowledge and skills for entry-level jobs such as Business Correspondent, Field Sales Executive, etc among others within the financial services sector.
There will be a strong focus on adoption of digital tools to drive online banking and digital financial services given the growing penetration of affordable smartphones and 4G networks in the country.