Overview:
Industrial Development Bank of India(IDBI) was started in November 1995 with a branch at Indore with an equity capital base of Rs. 1000 million.This is the 10th largest bank in the world in terms of development. IDBI has a great role in the building some of the institutions like The National Stock Exchange (NSE), The National Securities Depository Services Ltd. (NSDL), Stock Holding Corporation of India (SHCIL). IDBI is a strategic investor in a plethora of institutions which have revolutionized the Indian Financial Markets. IDBI is vested with the responsibility of co-ordinating the working of institutions engaged in financing, promoting and developing industries. It has evolved an appropriate mechanism for this purpose. IDBI also undertakes/supports wide-ranging promotional activities including entrepreneurship development programmes for new entrepreneurs, provision of consultancy services for small and medium enterprises, upgradation of technology and programmes for economic upliftment of the underprivileged.DBI’s role as a catalyst to industrial development encompasses a wide spectrum of activities. IDBI can finance all types of industrial concerns covered under the provisions of the IDBI Act. With over three decades of service to the Indian industry, IDBI has grown substantially in terms of size of operations and portfolio. The vision of the bank is “To be trusted partner in progress by leveraging quality human capital and setting global standards of excellence to build the most valued financial conglomerate”.
Recruitment Procedure:
Selection procedure includes Written Test – Objective & Descriptive. Objective test is consisting of Test of Reasoning Ability, Test of Quantitative Aptitude, and Test of General Awareness on current developments. The descriptive part is meant for testing Higher order cognitive abilities to assess knowledge on current developments and communication skills. And this procedure will be followed by a GD and PI for the candidates who clear the written test.
Head Office
IDBI Tower,
WTC Complex,
Cuffe Parade,
Colaba,
Mumbai – 400005.
Tel: 91-22-22189111/ 66553355.
Fax: 91-22-22181294 /5179/8137