Post Name and Vacancy for IDBI Recruitment:

According to the official notification released by IDBI Recruitment 2022, there is only 01 vacancy for the post of Deputy Managing Director.

Qualification Required for IDBI Recruitment:

The candidate should be a minimum Graduate. A PG degree in Economics / Commerce / Business Administration/ Finance or professional qualification in Chartered Accountancy, Cost Accountancy, Chartered Financial Analyst, or equivalent shall be desirable.

Experience Required for IDBI Recruitment:

Candidate must have at least 20 years of experience, as of 01-December-2022, in mainstream banking and/or Finance. Preference shall be given to candidates having proven exposure in Corporate and /or Retail Banking. In these 20 years, applicants should have at least 2 years of experience (as of 01- December 2022) as under:

• As Chief General Manager / General Manager in Public Sector Banks OR
• At one level below the Board in Private Sector entities

Eligibility conditions can be relaxed if warranted and would be at the bank’s sole discretion without assigning any reason whatsoever.

Tenure for IDBI Recruitment:

The assignment shall be initially for a period of three years, extendable by further periods at the discretion of the Board.

Salary for IDBI Recruitment:

According to the official notification released by IDBI Recruitment, Consolidated remuneration/ allowances shall be negotiable and based on experience/seniority, etc (subject to regulatory approvals).

Selection Process IDBI Recruitment:

Selection will be based on Shortlisting and Personal Interviews. Applications received shall be screened and shortlisted based on experience, eligibility, qualification, and overall suitability for the position. The final selection of the candidate will be done by a Selection Committee Constituted for the purpose.

Document Required for IDBI Recruitment:

The following documents need to be forwarded along with the application form:

• Detailed Resume,
• Self-Attested Photo Identity Proof viz., Passport/ Aadhaar/ PAN Card/Driving License to verify age,
• Self-Attested mark sheets & certificates for educational qualifications from graduation level onward,
• Work Experience: Documentary proofs such as Experience Certificates from past and current employers viz., Appointment letters, Relieving Letters to ascertain the designation at the time of joining / exit, Promotion Orders etc,
• Candidates serving in Government / quasi-Government offices/ Public Sector Undertakings (including Nationalized Banks and Public Sector Organizations in the financial sector) / Parastatals are required to provide a “No Objection Certificate” from their current employer,
• Any other relevant documents in support of eligibility.

How to Apply for IDBI Recruitment:

All applicants are required to apply as per the format appended in the official notification.