National Institute of Bank Management NIBM RD Pune Answered Questions

Hi,
The institute formulates their own cutoff which changes every year depending upon the CAT and CMAT score. The last year cutoff for the exams is as follows:
CAT - 80 percentile and above
XAT - 94 percentile and above
CMAT - 94 percentile and above
Good luck.

Candidates seeking admission to the PGDM (B&FS) of NIBM should appear for CAT 2019/ XAT (2020)/ CMAT (2020). Candidates short-listed on the basis of CAT 2019/ XAT (2020)/ CMAT (2020) scores will be called
for Writing Ability Test and Interview during April 2020 in select centers. Short listed applicants
may have to take additional written test if required at a later stage. IIMs or any other Institutions will have no role either in selection process or in the conduct of the programme.
So from above the admissions in NIBM are not restricted to banks only and anyone can apply here if meeting the NIBM eligibility criteria.