Last Date:15 April,2019
Advt.No.:08/2019-20
Industrial Development Bank of India (IDBI)
All India
IDBI aka Industrial Development Bank of India Invites applications for the post of 500 Assistant Manager Vacancy 2019. IDBI Recruitment Qualification/ eligibility conditions, how to apply & other rules are given below… Official website is www.idbi.com
Employment Notification 500 Assistant Manager Vacancy – IDBI,All India
JOB DETAILS:
Name of the post – Assistant Manager
No of post – 500
Pay Scale – As Per Notification
Education Qualification:
Graduate from any discipline from a recognized university with minimum 60% marks (55% for SC/ST/PWD candidates).
Apply to 500 Assistant Manager Vacancy – IDBI,All India
Important Instructions:
- Candidates applying for the post, after submission of the online application form shall take a printout of system-generated hard copy of the application form, and preserve the same for submission at the time of personal interview, alongwith fee payment e-receipt and the documents required in support of the eligibility criteria as detailed below (Candidates are also requiredtopreserve a copyof applicationformand e-receiptforanyfuturerequirements):
- 10th or 12th standard mark sheet or school leaving certificate or birth certificate. The certificate or documentary evidence issued by the competent authority for age relaxation under any other clause.
- If declared in the application form, all the documents such as experience Certificate from the past and current employers or Offer Letters,Relieving Letters, Pay or Salary Slips clearly indicating the date of joining and date of relieving for each of the past or previous employer(s). The experience certificate or testimonials produced by the candidates should indicate the date of
- joining and relieving, designation at the time of joining, date of promotion with designation, if any. Any adverse remark from the previous employer(s) or any act of misconduct/ wrong committed by the candidate would be a disqualification to apply and render the candidature for cancellation.
- District Magistrate/ Additional Dist. Magistrate/ Collector/ Deputy Commissioner/Additional Dy. Commissioner/ Dy. Collector/ First Class Stipendiary Magistrate/Sub-Division Magistrate/ Taluka Magistrate/ Executive Magistrate/ Extra Assistant Commissioner.
- Chief Presidency Magistrate/ Additional Chief Presidency Magistrate/ Presidency Magistrate.
- The applicants will be called for the Online Test based on the information provided by them in the online application form, subject to scrutiny at a later date.
- For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.
- The applicants, who are successful in the On-line test, would be called for a personal interview. While the number of candidates to be called for interview will be at the discretion of IDBI Bank, adequate number of candidates in each category, as decided by the Bank, will be called for Interview. During interview candidates will have the option to answer the questions in Hindi or English. Applicants
qualifying the personal interview shall be considered for final shortlisting. - The final selection or offer of employment would be made based on applicant’s marks in the interview, Online test, being found medically fit and subject to fulfillment of all other eligibility criteria with regard to age and qualification as stipulated in the advertisement. Reference for medical test does not imply final selection, which may please be noted.
- Reservation for Economically Weaker Sections (EWSs) 10%: Persons who are not covered under the scheme of reservation for SCs, STs and OBCs and whose family has gross annual income below Rs.8.00 Lakhs (Rupees Eight Lakhs Only) are to be identified as EWSs for benefit of reservation. Income shall also include income from all sources i.e. salary, agriculture, business, profession etc. for the financial year prior to the year of application.
- Reservations for the SC, the ST and OBC candidates would be extended as per rules or guidelines of the Government of India. Applicable reservation percentage is 15% for SC category, 7.5% for ST category and 27% for OBC category.
- Bank would be analyzing the responses (answers) of individual candidates with other candidates to detect patterns of similarity of right and wrong answers. If in the analytical procedure adopted by Bank in this regard, it is inferred/ concluded that the responses have been shared and scores obtained are not genuine/ valid, Bank reserves right to cancel the candidature of the concerned candidates without any notice and the result of such candidates (disqualified) will be withheld. No representation in this regard shall be entertained.
About Us:
Vacancy Notice 500 Assistant Manager Vacancy – IDBI,All India
- Industrial Development Bank of India (IDBI) was constituted under Industrial Development Bank of India Act, 1964 as a Development Financial Institution (DFI) and came into being as on July 01, 1964 vide GoI notification dated June 22, 1964. It was regarded as a Public Financial Institution in terms of the provisions of Section 4A of the Companies Act, 1956. It continued to serve as a DFI for 40 years till the year 2004 when it was transformed into a Bank.
- In response to the felt need and on commercial prudence, it was decided to transform IDBI into a Bank. For the purpose, Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 [Repeal Act] was passed repealing the Industrial Development Bank of India Act, 1964. In terms of the provisions of the Repeal Act, a new company under the name of Industrial Development Bank of India Limited (IDBI Ltd.) was incorporated as a Banking Company under the Companies Act, 1956 on September 27, 2004. Thereafter, the undertaking of IDBI was transferred to and vested in IDBI Ltd. with effect from
October 01, 2004. - The United Western Bank Ltd. (UWB), a Satara-based private sector bank, was placed under moratorium by RBI. Upon IDBI Ltd. showing interest to take over the said bank towards its further inorganic growth, UWB was amalgamated with IDBI Ltd., in terms of the provisions of Section 45 of the Banking Regulation Act, 1949. The merger came into effect on October 03, 2006.
- To truly capture its widened business functions, the name of the Bank was changed to IDBI Bank Ltd. with effect from May 07, 2008 upon issue of the Fresh Certificate of Incorporation by Registrar of Companies, Maharashtra.
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