Last Date:15 jan,2020
Indbank Merchant Banking Services Limited (Indbank)
Tamil Nadu
8 positions of Merchant Banker, Dealer and Bank Office Staff will be filled in Indbank Merchant Banking Services Limited (Indbank).Application should be sent in the prescribed application format along with enclosures in support of Caste, educational qualification, experience etc so as to reach the given address by 15-01-2020 .
Employment Notification 08 Merchant Banker, Dealer and Bank Office Staff Vacancy – Indbank,Tamil Nadu
JOB DETAILS:
Name of the post – Merchant Banker, Dealer and Bank Office Staff
No of post – 08
Pay Scale – Rs 6 – 10 lakhs PA,Rs 2- 2.5 lakhs PA,Rs 1.08 lakhs PA
Educational Qualification:
Graduate and 4 yrs experience OR MBA and 2 yrs experience.
Apply to 08 Merchant Banker, Dealer and Bank Office Staff Vacancy – Indbank,Tamil Nadu
General Instruction:
- Indbank Merchant Banking Services Limited (Indbank), a subsidiary of Indian Bank, with head quarters in Chennai, engaged in Merchant Banking and Advisory Services, Stock Broking, Depository Participant Activities, Distribution of Mutual Fund and other Investment products, invites applications from eligible candidates for the postof (a) Merchant Banker (b) Dealer (Stock Braking) & (c) Back Office Staff.
- Before applying for the post, candidate should verify and satisfy himself /herself that he/she fulfills the eligibility and other norms mentioned in this advertisement. Company would be free to reject any application at any stage of the recruitment process, if the candidate is found ineligible for the post for which he/she has applied. The decision of the Company shall be final in deciding about qualifications, experience and other eligibility norms.
- In case it is detected at any stage of recruitment that a candidate does not fulfill any of the eligibility norms and/or that he/she has furnished any incorrect/false information/certificate/documents or has suppressed any material fact(s), his/her candidature will be cancelled. If any of these short comings is/are detected even after appointment, his/her contract is liable to be terminated.
- The Company reserves the right to alter, modify or change the eligibility criteria and / or any other terms and conditions spelt out in this advertisement.
- Only those candidates who have met with the eligibility criteria for appearing in the Personal Interview will be intimated by email to the email address, furnished by them.
- The admission to personal interviews will be purely provisional without verification of age, qualification etc. of the candidates with reference to documents.
- Candidates will have to produce original relevant certificates like educational qualifications, experience, age, etc. at the time of interview, in support of his /her eligibility, as per the details furnished in the application, failing which his / her candidature will be cancelled.
- Decision of the Company in all matters regarding eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced for the purpose of the, interview, selection and any other matter relating to recruitment will be final and binding on the candidate. No correspondence or personal enquiries shall be entertained by the Company in this regard.
- Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated in Chennai.
- In case, any dispute arises on account of interpretation in version other than English, English version will prevail.
- Company does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of loss in transit or for any other reason beyond the control of the Company.
- Candidates having above qualifications may download the application form from our website www.indbankonline.com and send duly filled in applications with the copy of the enclosures through courier / Registered Post to the above mentioned address, addressed to Assistant Vice President, HRD. Candidate can also send the scanned copy of the duly filled application with the enclosures to recruitment@indbankonline.com.
About Us:
Vacancy Notice 08 Merchant Banker, Dealer and Bank Office Staff Vacancy – Indbank,Tamil Nadu
- Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India. It has 20,924 employees, 2900 branches with 2861 ATMs and 1014 cash deposit machines and is one of the top performing public sector banks in India. Total business of the bank has touched ₹430,000 crore (US$62 billion) as on 31 March 2019. Bank’s Information Systems & Security processes certified with ISO27001:2013 standard and is among very few Banks certified worldwide. It has overseas branches in Colombo and Singapore including a Foreign Currency Banking Unit at Colombo and Jaffna. It has 227 Overseas Correspondent banks in 75 countries. Since 1969, the Government of India has owned the bank. As per the announcement made by the Indian Finance Minister Nirmala Sitharaman on 30 August 2019, Indian Bank will be anchor bank for the Kolkata-based Allahabad Bank, and this merger is expected to come on force from 1 April 2020, making it the seventh largest bank in the country.
- In the last quarter of 1906, Madras (now Chennai) was hit by the worst financial crisis the city was ever to suffer.[3] Of the three best-known British commercial names in 19th century Madras, one crashed; a second had to be resurrected by a distress sale; and the third had to be bailed out by a benevolent benefactor. Arbuthnot & Co, which failed, was considered the soundest of the three. Parry’s (now EID Parry), may have been the earliest of them and Binny and Co.’s founders may have had the oldest associations with Madras, but it was Arbuthnot, established in 1810, that was the city’s strongest commercial organisation in the 19th Century. A key figure in the bankruptcy case for Arbuthnot’s was the Madras lawyer, V. Krishnaswamy Iyer who founded the Indian bank which was an offshoot of nationalistic fervour and the Swadeshi movement, when the then British Arbuthnot Bank collapsed and the Indian Bank emerged. Mr V. Krishnaswamy Iyer solicited the support of the Nagarathar Chettiars authored by Mr. Ramasamy Chettiar, who was Annamalai Chettiar’s elder brother. Sri V. Krishnaswamy Iyer and Mr. Ramasamy Chettiar were one of the first directors of Indian Bank. Later on in 1915, Mr. Annamalai Chettiar was inducted into the board of the Indian Bank. It commenced operations on 15 August 1907 with its head office in Parry’s Building, Parry Corner, Madras.
- In 1932 IB opened a branch in Colombo. It opened its second branch in Ceylon in 1935 at Jaffna, but closed it in 1939.[4] IB next opened a branch in Rangoon, Burma, in late 1940. Then in late 1941 IB opened branches in Singapore, Kuala Lumpur, Ipoh, and Penang. The exigencies of war forced IB to close its Singapore and Malayan branches with months. The closing of the Singapore branch resulted in little loss to IB; the loss of the branches in Malaya was much more costly.
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