Last Date:15 April,2019
Advt. No. : 6 /2018-19
Industrial Development Bank of India (IDBI)
All India
IDBI aka Industrial Development Bank of India Invites applications for the post of 300 Executive & Chartered Accountants Vacancy 2019. IDBI Recruitment Qualification/ eligibility conditions, how to apply & other rules are given below… Official website is www.idbi.com
Employment Notification 300 Executive Vacancy – IDBI,All India
JOB DETAILS:
Name of the post – Executive
No of post – 300
Pay Scale – 22,000/- (Per Month)
Education Qualification:
A Graduate from a recognized university with minimum 60% marks (45% for SC/ ST/ PWD).
Apply to 300 Executive Vacancy – IDBI,All India
General Instructions:
- Before submitting the online application form, the applicants must ensure that they fulfill all the eligibility criteria with respect to age, educational qualifications, etc. as stated in the advertisement. If the applicants are not eligible, their candidature will be cancelled at any stage of the recruitment. If the applicant qualifies in the selection process and subsequently it is found that he or she does not fulfill the eligibility criteria, his or her candidature will be cancelled and if appointed, services would be terminated without any notice or compensation.
- Applications should be submitted only through the on-line mode through the Bank’s website, after carefully going through all the instructions contained in General Instructions given in the advertisement and in the Online Application Form. No other means or mode of application form would be accepted.
- On submission of the online application, the applicants would receive a registration number and password, which he or she needs to retain for use in future.
- Application should be filled only in English.
- Not more than one application should be submitted by any candidate. In case of multiple applications only the latest valid (complete) application will be retained and the application fee / intimation charges paid for the other multiple registration(s) will stand forfeited. Multiple attendance / appearances in the online examination and / Document Verification and Pre Recruitment Medical test will be summarily rejected / candidature cancelled.
- Request for change of center for Online examination or Document Verification and Pre -Recruitment Medical tests will not be considered. However, the Bank reserves the right to cancel or add any center, depending upon the response in the center.
- All educational qualifications, which the applicant intends to indicate in the application form, should have been obtained before the cut-off date, from recognized Universities or Institutions in India.
- IDBI Bank reserves the right to modify or amend or reverse or cancel any or all of the provisions of the recruitment process including eligibility criteria.
- IDBI Bank may at its discretion, hold re-online test, wherever necessary in respect of a center or venue or specific applicants(s) and/or all centers or all applicants.
- Applicants would not be allowed for online test without the online call letter. No duplicate call letter would be issued to the applicants.
- All applicants belonging to the ST, the SC, OBC, EWS Ex-Serviceman and PWD category should produce at the time of Document Verification and Pre Recruitment Medical test, attested copy of the relevant certificate in the prescribed form from the Competent Authority empowered to issue such certificate (as notified by GOI from time to time). The name of the caste should be listed in central list of SC/ST/OBC and the caste certificates should be in central government format. OBC certificate should be of a recent date with suitable mention about creamy layer. (Applicants with “Non-Creamy Layer Clause” certificate would be eligible for reservation as per Government of India guidelines). The PWD applicants shall possess a certificate of disability issued by the competent authority as per the Government of India guidelines.
- The applicant’s appointment will remain provisional subject to caste or tribe certificates being verified through proper channel and verification of other testimonials. The applicant’s services will be liable to be terminated forthwith without assigning any reason in case the verification reveals that his or her claim for belonging to SC, ST, OBC, PWD, EWS and Ex- Serviceman category and other testimonials is false. IDBI Bank also reserves its right to take such further action against the applicants, as it may deem proper, for production of such false caste certificate/ testimonials.
- Canvassing in any form will be a disqualification
- In all matters regarding eligibility, the selection process, the stages at which scrutiny of the documents regarding eligibility is to be undertaken, documents to be produced for the selection process, assessment, prescribing minimum qualifying standards in the selection process, number of vacancies and communication of result, etc., IDBI Bank’s decision shall be final and binding on the applicants and no correspondence shall be entertained in this regard.
About Us:
Vacancy Notice 300 Executive Vacancy – IDBI,All India
- Industrial Development Bank of India (IDBI) was constituted under Industrial Development Bank of India Act, 1964 as a Development Financial Institution (DFI) and came into being as on July 01, 1964 vide GoI notification dated June 22, 1964. It was regarded as a Public Financial Institution in terms of the provisions of Section 4A of the Companies Act, 1956. It continued to serve as a DFI for 40 years till the year 2004 when it was transformed into a Bank.
- In response to the felt need and on commercial prudence, it was decided to transform IDBI into a Bank. For the purpose, Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 [Repeal Act] was passed repealing the Industrial Development Bank of India Act, 1964. In terms of the provisions of the Repeal Act, a new company under the name of Industrial Development Bank of India Limited (IDBI Ltd.) was incorporated as a Banking Company under the Companies Act, 1956 on September 27, 2004. Thereafter, the undertaking of IDBI was transferred to and vested in IDBI Ltd. with effect from
October 01, 2004. - The United Western Bank Ltd. (UWB), a Satara-based private sector bank, was placed under moratorium by RBI. Upon IDBI Ltd. showing interest to take over the said bank towards its further inorganic growth, UWB was amalgamated with IDBI Ltd., in terms of the provisions of Section 45 of the Banking Regulation Act, 1949. The merger came into effect on October 03, 2006.
- To truly capture its widened business functions, the name of the Bank was changed to IDBI Bank Ltd. with effect from May 07, 2008 upon issue of the Fresh Certificate of Incorporation by Registrar of Companies, Maharashtra.
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