Announcing the tie-up at a press conference here last evening, Syndicate Bank Deputy General Manager G Ramanathan said empowerment of women through banking was among the pioneering initiatives of the bank, which was the first in the country to open all-women branches. The bank had also initiated a special two-month drive from May 15 to open five lakh new accounts for women, he said.
To add synergy to this drive, the bank had decided to collaborate with IEC on its newly launched 'Diploma in Women's Empowerment and Management' (DIWEAM).
Under the tie-up, faculty from the bank's 'Syndicate Institute of Rural Entrpreneurship Development' will take sessions on banking and also open zero deposit accounts for all candidates.
On the completion of the diploma, interested candidates would be given further focused training at the Syndicate Institute, based in Kottiyam in Kollam District, in vocational skills like screen printing, radio and television repairing, dress making and embroidery, bakery, catering and motor rewinding.
Eligible women candidates would also be given soft loans under the bank's 'SyndMahila' Scheme to start their own ventures, he added.
Mr Ziad Ali, Managing Director, IEC, said the job-oriented 'DIWEAM' course was approved by the Kerala Government's RUTRONIX Department.
The institute, which offered courses in tourism, management and IT skills, aimed to train nearly 4,000 women in the 11-month course at its 40 branches all over Kerala.
Costing Rs 7,000, the course would begin on June 23 and impart training in areas such as HR management, IT, principles of management, typing, organizational behaviour, personality development, telephone etiquettes and spoken English.
The institute would also help to find job placements for candidates who were not interested in starting their own ventures, he added.