ORGANISATION: IDBI BANK
IDBI Bank was established in 1964 by an Act to provide credit and other financial facilities for the development of the fledgling Indian industry. Initially it operated as a subsidiary of Reserve Bank of India RBI transferred it to GOI . Many institutes of national importance finds their roots in IDBI like Sidbi, Exim bank, NSE and NSDL. The war cry for reforms in financial space saw GOI reducing its stake in the bank in the year 2019. At present LIC holds 51% stake in IDBI Bank and GOVT holds 46.46% and the remaining 2.54% held by public. For the first quarter of the current financial year 2017-18, the bank reported a net loss of Rs.853 crore compared to a profit of Rs.241 crore during the corresponding period last financial.
Job Profile: Assistant Manager
Education: Graduate with 60% (55% for SC/ST)
Application Fees: 700 Rs for Unreserved and 150 Rs for Reserved.
Date of Exam: 17th May 2019
Job Location: All India
Number of Vacancies: 500
Detailed Advt: Click Me
Application Link: Click Me
IDBI Bank was established in 1964 by an Act to provide credit and other financial facilities for the development of the fledgling Indian industry. Initially it operated as a subsidiary of Reserve Bank of India RBI transferred it to GOI . Many institutes of national importance finds their roots in IDBI like Sidbi, Exim bank, NSE and NSDL. The war cry for reforms in financial space saw GOI reducing its stake in the bank in the year 2019. At present LIC holds 51% stake in IDBI Bank and GOVT holds 46.46% and the remaining 2.54% held by public. For the first quarter of the current financial year 2017-18, the bank reported a net loss of Rs.853 crore compared to a profit of Rs.241 crore during the corresponding period last financial.
Job Profile: Assistant Manager
Education: Graduate with 60% (55% for SC/ST)
Application Fees: 700 Rs for Unreserved and 150 Rs for Reserved.
Date of Exam: 17th May 2019
Job Location: All India
Number of Vacancies: 500
Detailed Advt: Click Me
Application Link: Click Me
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