Location : Anywhere in India
Job Category : Govt Jobs, MBA, BSc/BCA/BCM, Bank
Last Date : 20 Jul 2014
Job Type : Full Time
Hiring Process : Written-test
Name of Post : Assistant Manager Grade ‘A’ Grade ‘A’ General General Stream
Qualification : Bachelor’s or Master’s Degree with minimum 60% (55% for SC/ST) marks in aggregate in any stream, in either of the two qualifications, from a recognized institute /University. Preference would be given to candidates possessing professional qualifications like CA, CS, ICWA, CFA, MBA, Engineering, and Diploma in Banking from a recognized Institute. Proficiency in computers is preferable.
No. of Post : 80
Pay Scale : Rs.41000/-
Probation and Posting/Transfer : The selected candidates would be on a probation for a period of 2 years which is a period of 2 years which is extendable upto maximum 4 years at the discretion of the Bank. The selected f the Bank candidates will be liable to be posted / transferred at discretion of the Bank to various offices / verticals / associates / subsidiaries of the Bank from time to time and on such terms and conditions as may be decided by the Bank
Selection Procedure : The selection process for the post would be by way of an online examination followed by Personal Interview. Candidates who qualify based on the minimum cut-off marks decided by the Bank, would be called for interview
How to apply
Candidates should apply Online latest by 20.07.2014
Important Dates :
Opening of On line Registration Gateway - July 01, 2014
Closing of On line Registration Gateway - July 20, 2014
Cut off date for determining Eligibility Criteria with regard to age - July 01, 2014
Cut off date for determining Eligibility Criteria with regard to educational qualification - July 20, 2014
Click Here for Job Details Apply Online
Company Profile :
Small Industries Development Bank of India is a non-independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India. Set up on April 2, 1990 through an act of parliament, it was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India. Current shareholding is widely spread among various state-owned banks, insurance companies and financial institutions.[citation needed] Beginning as a refinancing agency to banks and state level financial institutions for their credit to small industries, it has expanded its activities, including direct credit to the SME through 100 branches in all major industrial clusters in India.[citation needed] Besides, it has been playing the development role in several ways such as support to micro-finance institutions for capacity building and onlending. Recently it has opened seven branches christened as Micro Finance branches, aimed especially at dispensing loans up to INR5 lakh.[citation needed]
It is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
SIDBI has also floated several other entities for related activities. Credit Guarantee Fund Trust for Micro and Small Enterprises provides guarantees to banks for collateral-free loans extended to SME. SIDBI Venture Capital Ltd.is a venture capital company focussed at SME. SME Rating Agency of India Ltd. (SMERA) provides composite ratings to SME. Another entity founded by SIDBI is ISARC - India SME Asset Reconstruction Company in 2009, as specialized entities for NPA resolution for SME.