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Sunday 30 August 2015

IDBI Bank Recruitment 2015 Executive Vacancies 500 On Going

IDBI Bank is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India. It was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.IDBI is one of the leading government banks in India.

It is currently 10th largest development bank in the world in terms of reach, with 3000 ATMs, 1746 branches, including one overseas branch at Dubai, and 1285 centers, including two overseas centres at Singapore & Beijing.IDBI Bank is on a par with nationalized banks and the SBI Group as far as government ownership is concerned. It is one among the 27 commercial banks owned by the Government of India.IDBI bank is considered as govt of India owned bank.

Development Banking emerged after the Second World War and the Great Depression in 1930s. The demand for reconstruction funds for the affected nations compelled in setting up of national institutions for reconstruction. At the time of Independence in 1947, India had a fairly developed banking system. The adoption of bank dominated financial development strategy was aimed at meeting the sectoral credit needs, particularly of agriculture and industry. Towards this end, the Reserve Bank concentrated on regulating and developing mechanisms for institution building. The commercial banking network was expanded to cater to the requirements of general banking and for meeting the short-term working capital requirements of industry and agriculture. Specialised development financial institutions (DFIs) such as the IDBI, NABARD, NHB and SIDBI, etc., with majority ownership of the Reserve Bank were set up to meet the long-term financing requirements of industry and agriculture.


JOB DETAILS

Company Name     : IDBI Bank

Qualification    : Any Graduate

Experience       :  Fresher/Experience

Vacancies      :   500 Posts

Job Location     : Across India

Salary           : 40000 -  55000 PM

Last Date        : On Going

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Register Below To get Guarentee Refference Must Confirm ur E-mail After Registration
IF U R FRESHER CLICK HERE TO APPLY
IF U R +2 EXP CLICK HERE TO APPLY

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