IDBI (Industrial Development Bank of India) Bank has just few days back issued Special Recruitment Drive notification 2010 for 1067 Managerial cadre vacancies including 880 Assistant Manager positions for which even freshers can apply.
This blog post intends to touch upon the important information contained in the above notification, archiving the same, so that it can be used for future IDBI employment aspirants, say for example, for IDBI Recruitment 2011. In a subsequent blog post, I would cover IDBI Exam pattern
and would point you to the sources of sample papers & books for the IDBI Exam
First a primer on what is IDBI:
IDBI was established on July 1, 1964 under an Act of Parliament as a wholly owned subsidiary of the Reserve Bank of India. On 16th February 1976, the ownership of IDBI was transferred to the Government of India. IDBI played a pioneering role, particularly in the pre-reform era (1964-91), in catalyzing broad based industrial development in the country.
IDBI Bank had started operations as a bank catering primarily to corporate clientele. This strategy was redrawn in early 2001 to focus on the exciting arena of Retail Banking. In September 2003, IDBI acquired the entire shareholding of Tata Finance Limited in Tata Home finance Ltd., signaling IDBI’s foray into the retail finance sector.
IDBI at present is the 4th largest Bank in overall ratings and has a country-wide network of 1059 ATM, 620 branches and 8989 employees
More about IDBI can be found from this About us page
of IDBI.IDBI Vacancies:
In the current IDBI notification, 1067 vacancies are available in 3 positions – in one of them even freshers can apply while the other two needs experience.Vacancies without experience:
Assistant Manager (Grade 'A’) - SC:208, ST:156, OBC:420, PWD:96, Total: 880.
Vacancies with experience:
Manager (Grade 'B’)
- SC:17, ST:25, OBC:62, PWD:0, Total: 104. Needs 4
Assistant General Manager (Grade 'C’)
- SC:15, ST:15, OBC:53, PWD:0, Total: 83.
Above experience should be full time direct experiences as an officer with a Commercial Bank.
The experience through an outsourcing vendor, service provider, KP/BPO or IT support service provider would not be accepted.IDBI Recruitment 2010 important dates:
IDBI Online application form starts on: October 1, 2010.
Last date of submission of IDBI Online application form: October 18, 2010.
Date of issue of call letter for IDBI written exam 2010: November, 2010.
Date of IDBI written exam 2010: November 14, 2010.IDBI Recruitment Eligibilities:Maximum age eligibility:
(as on September 1, 2010)
For Asst. Manager (Grade-A): OBC: 31, SC/ST:33, PWD:38 (Gen)/41 (OBC)/43 (SC/ST) years.
For Manager: OBC:35, SC/ST:37 years.
For Asst. General Manager:OBC: 40, SC/ST:42 years.Academic qualification eligibility:
For Asst. Manager: Minimum 55% (60% marks for OBC & PWD-General) aggregate in Graduation from a recognized university.
For Manager & Asst. General Manager: Graduate from a recognized University. Professional Qualifications such as CA,ICWA, CFA, MBA, CAIIB would be preferred.IDBI Recruitment application fee:
IDBI application fee is Rs. 75/= for SC/ST/PWD candidates while Rs. 400/= for others.
This fee is needed to be paid in cash at any branch of IDBI or SBI. If you pay it through an SBI branch, an additional Rs.50/= would be charged by SBI as service fee.IDBI Recruitment application form:You can apply to the current IDBI vacancies only online.
How to apply for IDBI recruitment is given in detail in Para: "VI. How to apply for all posts" & "VII. GENERAL/OTHER INSTRUCTIONS" in page 6-9 of the notification and also in this webpage. Please go through the same properly.
Hope with above information you would be able to apply to IDBI recruitment -2010 easily. I am on the look-out for sample papers & books for preparation of IDBI exam and would present the same to you as a separate blog post: IDBI exam pattern, Sample papers & books
. Please look out for it!
Labels: IDBI Recruitment Exams