IDBI Bank was created in 1964 by an Act to provide credit & other financial facilities for the development of the fledgeling Indian industry. Initially, it operated as a subsidiary of (RBI) Reserve Bank of India transferred it to GOI. Many institutes of national importance find their roots in IDBI like Sidbi, Exim bank, NSE and NSDL. The war cry for reforms in commercial space saw GOI reducing its stake in the bank in the year 2019. At present, Life Insurance Corporation (LIC) holds a 51% stake in IDBI Bank and Government of India holds 46.46% and the remaining 2.54% owned by the public.
IDBI Bank has issued notifications for recruiting eligible candidates to the posts of Chartered Accountants. Please find detailed information regarding the vacancies below.
Important Dates
Commencement of online Registration: 26.03.2019
Last date for receipt of online application: 08.04.2019
Last date for editing applications: 08.04.2019
Last date for printing your application: 23.04.2019
Cut Off date for determining eligibility: 01.03.2019
About Vacancies
| Grade | Vacancies |
| DGM (Grade D) | 3 |
| AGM (Grade C) | 5 |
| Manager ( Grade B) | 22 |
| TOTAL | 40 |
How to Apply for IDBI Bank Recruitment 2019
Eligible candidates must ensure that they possess the necessary qualifications and fulfil all the required criteria before applying for the posts.
Interested candidates need to apply online by visiting the Official Website. No other mode of application submission would be accepted.
Essential Qualification
DGM – FAD (Grade D)
- Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant (CA).
- Post Graduation in any field is desirable.
DGM – Taxation
- Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant(CA). Post Graduation in any field is desirable.
AGM – FAD
- Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant (CA).
- Post Graduation in any field is desirable.
AGM – Taxation
- Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant(CA). Post Graduation in any field is desirable.
Manager – FAD / Taxation
- Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant(CA). Post Graduation in any field is desirable.
Manager – Treasury
- Graduation with first class in any discipline from a recognized University and CA.
- Candidates possessing additional qualification of MBA/ CFA/ Professionals with Diploma or Certificate in Treasury will be preferred.
Manager – Risk Management
- Graduation with first class in any discipline from a recognized University and CA.
- Candidates possessing additional qualification of MBA (Finance)/ ICWA/ CFA/ MA (Economics and Statistics)/ CAIIB/ Financial Risk Manager (GARP)/ Professional Risk Manager (PRIMA) or other equivalent specialized risk management certification would be preferred.
Manager – Corporate Banking
- Graduation with first class in any discipline from a recognized University and CA.
- Candidates possessing additional qualification of ICWA/ 2yrs Full time MBA (Specialization in Banking and Finance) would be preferred.
- Desirable to have Certification in Credit program from NIBM, IIBF, Moody’s, IIBM, NISM, KPMH etc.
Age
Minimum: 18 years
Maximum: 24 years
Cut Off Date: 01.01.2019
Upper Age limit is relaxable by:
3 years for OBC (Non Creamy Layer).
5 years for SC/ST candidates.
Persons with Disabilities Candidates: 10 years
Fee
Unreserved/OBC candidates: Rs 700
SC/ST candidates: Rs 150
The fee has to be paid online through Debit Cards (RuPay/ Visa/ MasterCard/ Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.
Other Information
Pay Scale
Deputy General Manager, Grade ‘D’: In the scale of 33600-1100(9)-43500-1300(8)-53900 (18 years) [Pre Revised] Total pre-revised emoluments for Grade D at Metro centres is approx. Rs.1.30 Lakh p.m.
Assistant General Manager, Grade ‘C’: In the scale of 42020-1310(5)-48570-1460(2)-51490 (8 years)
Manager – Grade ‘B’: In the scale of 31705-1145(1)-32850-1310(10)-45950 (12 years.
Official Link
For Other Banks Recruitment Notification Please Check, below Link
-
Bank of India Credit officer Recruitment 2018 – /articles/bank-of-india-credit-officer-recruitment-2018-selection-process
-
Vijaya Bank Credit Officer Result 2018 Declared – /articles/vijaya-bank-credit-officer-result-2018-declared
-
Indian Bank PO PGDBF Recruitment 2018 – /articles/indian-bank-po-pgdbf-recruitment-2018-result
- IBPS PO Recruitment 2018 – /articles/ibps-po-2018-main-exam-score-card-declared-check-now
-
Uttarakhand Cooperative Bank Recruitment 2019 – /articles/uttarakhand-cooperative-bank-recruitment-2019-apply-online-442-vacancies