SIDBI Grade B 2024: SIDBI has released notification for recruitment of candidates to the post of Grade B Manager. All details related to this recruitment are given below. Interested and Eligible candidates can check eligibility and apply as per details mentioned below.
NOTE: This job is on deputation basis. Candidates already working in PSU BANKS can apply for this recruitment. The deputation will be for 3 years and may be extended for 2 more years based on performance, so total deputation will be for 5 years.
SIDBI Grade B Recruitment 2024 Vacancy Notification Overview
Name of Organization | Small Industries Development Bank of India (SIDBI) |
Post Name | Manager in Grade ‘B’ (General Stream) |
Total Number of Posts | 35 |
Salary | Up to Rs. 99,750 + allowances |
Important Dates | Apply Online Starting Date: 7th September 2024 Apply Online Last Date: 30th September 2024 |
Mode of Application | Offline (By address and e-mail) |
Selection Process | Personal Interview |
Age Limit | Not more than 37 years (as of 31st August 2024) |
Required Qualification | As per posts |
SIDBI Official Website | www.sidbi.in |
SIDBI Recruitment 2024 Vacancies
Post | Total Vacancies |
Manager in Grade ‘B’ (General Stream) | 30 |
Manager in Grade ‘B’ (General Stream) | Not specified |
Manager in Grade ‘B’ (General Stream) | 5 |
Eligibility Criteria: Age Limit
As of August 31, 2024, candidates should not be older than 37 years.
Educational Qualification
- Branch Offices:
- Minimum: Graduation in any discipline.
- Preferred: MBA/MMS/PGDM in Finance, CA, CFA, FRM, MCom, ICWA, or similar qualifications.
- Risk Management Vertical:
- Minimum: Graduation in any discipline with an additional qualification in Finance, Risk Management, or Mathematics/Statistics (e.g., MSc, MBA, PGDM).
- Preferred: BE/BTech with qualifications like FRM or PRM.
- Treasury & Resource Management Vertical:
- Minimum: Graduation in any discipline with a qualification in Finance or Treasury Management.
Experience
Candidates must have at least 4 years of experience in an officer cadre in public sector banks, with at least 2 years of experience in the relevant vertical (Branch offices, Risk Management, or Treasury).
Pay and Allowances
The present pay scale for the Manager (Grade ‘B’) in SIDBI is ₹55,200 – ₹99,750 with allowances such as house rent, transport, leave fare concession (LFC), and medical benefits. Deputationists will have the option to retain the pay scale of their current employer or opt for SIDBI’s pay structure.
Selection Procedure
The selection process involves shortlisting candidates based on eligibility, followed by a personal interview conducted either online or face-to-face. A merit list will be prepared based on interview scores, and a waitlist may also be drawn if required.
How to Apply?
Duly filled in application (typed in English or Hindi), as per the format available on the Bank’s website with a recent passport size photograph pasted thereon and Curriculum Vitae, bearing full signature of the candidate with date, shall be submitted to CGM(HRDV), SWAVALAMBAN BHAVAN, Plot No. C-11, ‘G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Maharashtra or submitted over mail to recruitment@sidbi.in on or before September 30, 2024. While forwarding the respective applications over mail, the subject line shall clearly indicate the following details only, viz. “Application for the post of Manager in Grade ‘B’ (General Stream) On Deputation <>.”
Applications shall be submitted through the proper channel along with copies of Annual Performance Appraisal Reports of the last four years and vigilance clearance. A copy of application marked ’Advance Copy’ should be sent to the mail ID recruitment@sidbi.in. It is clarified that applications received without certificate of employer shall be summarily rejected.