IDBI Bank SCO Vacancy: The Industrial Development Bank of India, also known as IDBI Bank, has released a notification regarding the recruitment of Special Cadre Officers in various departments of the bank. The total number of vacancies is 136. The following article consists of the details of the vacancy. Interested candidates can check the qualifications required and apply for the posts.
IDBI Bank SCO Vacancy: Overview
| Name of the Vacancy | IDBI Special Cadre Officers Recruitment 2023 |
| Total number of vacancies | 136 |
| Applications Begin | 06/06/2023 |
| Last Date to Apply | 20/06/2023 |
| Official Notification | Click here |
IDBI Bank SCO Vacancy Details
| Post Code/Functional Area | Manager | Asst General Manager | Deputy General Manager | Total |
| Audit (Information System) | 0 | 6 | 0 | 6 |
| Corporate Strategy & Planning Department (CSPD) | 1 | 0 | 1 | 2 |
| Risk Management | 18 | 4 | 2 | 24 |
| Fraud Risk Management | 4 | 4 | 1 | 9 |
| Treasury | 5 | 0 | 0 | 5 |
| Infrastructure Management Department (Premises) | 0 | 5 | 0 | 5 |
| Security | 8 | 0 | 0 | 8 |
| Legal | 4 | 6 | 2 | 12 |
| Finance & Accounts Department | 4 | 1 | 0 | 5 |
| Corporate Credit | 40 | 20 | 0 | 60 |
See Also:
IDBI Bank SCO Vacancy: Reservation of Seats
| Post | UR | SC | ST | OBC | EWS | Total |
| Manager – Grade B | 34 | 14 | 6 | 22 | 8 | 84 |
| Assistant General Manager (AGM) – Grade C | 19 | 7 | 3 | 12 | 5 | 46 |
| Deputy General Manager (DGM) – Grade D | 2 | 1 | 1 | 1 | 1 | 6 |
IDBI Bank SCO Vacancy: Salaries
| Post | Emoluments |
| Deputy General Manager, Grade ‘D’ | Rs.76010 – 89890 |
| Assistant General Manager, Grade ‘C’ | Rs.63840 – 78230 |
| Manager – Grade ‘B’ | Rs.48170 – 69810 |
IDBI Bank SCO Vacancy: Eligibility
To check your eligibility, click here
IDBI Bank SCO Vacancy: Points to remember for aspirants
The following points must be remembered by applicants while applying for the vacancy
- Candidates are strictly advised to apply only for one of the posts, after ensuring their eligibility. Multiple applications are liable to be rejected.
- The candidature of candidates who have previously applied/ appeared/were shortlisted in the Bank’s previous recruitment processes will not be examined.
- The process of Registration of the application is complete only when the fee is deposited/received with the Bank through online mode on or before the last date for fee payment
- Only those candidates should apply who are willing to serve anywhere in India.
About IDBI Bank
IDBI Bank, also known as the Industrial Development Bank of India, is a government-owned bank in India that provides banking and financial services. It was first created in 1964 as a Reserve Bank of India (RBI) subsidiary before being transformed into a full-fledged public sector bank in 2004. Furthermore, in 2019, the Life Insurance Corporation of India acquired a 49.24% stake in the bank.
The bank is essential to funding the infrastructure, business, and agricultural sectors of the Indian economy. It finances and supports activities and programmes that advance the growth and development of the nation. The corporate banking market is another area where IDBI Bank is well-established, and it serves the financial requirements of large and medium-sized businesses.
Points to know in the Interview Process of IDBI Bank SCO Vacancy 2023
The following points about IDBI Bank must be remembered by a candidate selected for the interview of IDBI Bank SCO Vacancy 2023. Such questions have frequently been asked in the interview.
- IDBI Bank was set up in 1964
- Its Headquarters are located in Mumbai, Maharashtra.
- The Life Insurance Corporation (LIC) holds a 49.24% stake while the Government of India holds a 45.48% stake in the Bank.
- The Bank provides various types of banking services including Personal banking, Corporate Banking, Agricultural Banking, MSME Banking etc.
- The Bank has collaborated with many Fintech startups and established companies to provide services such as wealth management, money transfer, lending and borrowing. The company has also targeted blockchain technology.
- The bank has also launched initiatives such as API incorporation and Digital Payments to keep up with the growing demand and ease the business processes.
- The Bank also fulfils its Corporate Social Responsibility by launching initiatives focusing on education, scholarships, women empowerment, skill development, Donations, disaster relief and much more.
