IDBI Bank

The Industrial Development Bank of India Limited, now more popularly known as IDBI Bank, was established as a whollyowned subsidiary of Reserve Bank of India. The foundation of the bank was laid down under an Act of Parliament, in July 1964. The main aim behind the setting up of IDBI was to provide credit and other facilities for the Indian industry, which was still in the initial stages of growth and development. In February 1976, the ownership of IDBI was transferred to Government of India. After the transfer of its ownership, IDBI became the main institution, through which the institutes engaged in financing, promoting and developing industry were to be coordinated. In January 1992, IDBI accessed domestic retail debt market for the first time, with innovative Deep Discount Bonds, and registered path-breaking success. The following year, it set up the IDBI Capital Market Services Ltd., as its wholly-owned subsidiary, to offer a broad range of financial services, including Bond Trading, Equity Broking, Client Asset Management and Depository Services. In September 1994, in response to RBI's policy of opening up domestic banking sector to private participation, IDBI set up IDBI Bank Ltd., in association with SIDBI. In July 1995, public issue of the bank was taken out, after which the Government's shareholding came down (though it still retains majority of the shareholding in the bank). In September 2003, IDBI took over Tata Home Finance Ltd, renamed IDBI Home finance Limited, thus diversifying its business domain and entering the arena of retail finance sector. The year 2005 witnessed the merger of IDBI Bank with the Industrial Development Bank of India Ltd. The new entity continued to its development finance role, while providing an array of wholesale and retail banking products (and does so till date). The following year, IDBI Bank acquired United Western Bank (which, at that time, had 230 branches spread over 47 districts, in 9 states). In the financial year of 2008, IDBI Bank had a net income of Rs 9415.9 crores and total assets of Rs 120,601 crores. The Present Today, IDBI Bank is counted amongst the leading public sector banks of India, apart from claiming the distinction of being the 4th largest bank, in overall ratings. It is presently regarded as the tenth largest development bank in the world, mainly in terms of reach. This is because of its wide network of 509 branches, 900 ATMs and 319 centers. Apart from being involved in banking services, IDBI has set up institutions like The National Stock Exchange of India (NSE), The National Securities Depository Services Ltd. (NSDL) and the Stock Holding Corporation of India (SHCIL).

Products & Services Personal Banking

Deposits Loans Payments - Tax Payments, Stamp Duty Payments, Easy Fill, Bill Payment, Card to Card Money Transfer, PayMate, Online Payments Mutual Fund Demat Account IPO Insurance - FamilyCare, Weathsurance Cards - Debit Card, Credit Card, Cash Card, Gift Card, International Debit-cum-ATM Card, World Currency Card Institutional Banking Lockers India Post NRI Services Phone Banking SMS Banking Account Alerts Internet Banking

Corporate Banking

Project Finance Infrastructure Finance Syndication, Underwriting & Advisory Services Carbon Credits Business Working Capital Cash Management Services Trade Finance Tax Payments Derivatives Technology Upgradation Fund Scheme (TUFS) Film Financing Scheme Direct Discounting Bills Rehabilitation Finance

Others

SME Finance Agri-business Products

The Industrial Development Bank of India Limited, popularly known as IDBI Bank is one of the leading public sector banks in India. Categorized as "other public sector bank" by Reserve Bank of India (RBI), IDBI Bank is also the 4th largest Indian bank. Founded in 1964 to provide credit and other facilities to its customers, IDBI Bank currently has 457 centers, 688 branches and 1020 ATMs across the nation. It is world's 10th largest development bank in terms of reach. IDBI Bank also built several institutions including the National Stock Exchange of India (NSE), the Stock Holding Corporation of India (SHCIL) and the National Securities Depository Services Ltd. (NSDL) etc.

Brief History
IDBI Bank was founded on July 1, 1964 under an Act of Parliament. It was established as a wholly owned subsidiary of RBI (Reserve Bank of India). The ownership was however transferred to the Government of India on February 16, 1976. It worked as the main financial institution, whose main goal was to coordinate with other institutions associated with financing, developing and promoting the industry. With the public issue of IDBI Bank released in July 1995, the share holding of the Government came down below 100%. However, the majority of the share was still owned by the government, which is currently 52.3%. IDBI Bank started offering a wide array of products and services to its customers, which covered entire range of industrial activities including services and manufacturing. In September 2003, IDBI acquired the entire shareholding of Tata Finance Limited in Tata Home Finance Ltd. Since then, the fully owned housing subsidiary was known as 'IDBI Home Finance Limited'. Next year, on July 29, 2004, the Board of Directors of IDBI and IBDI Bank approved the merger of IDBI Bank with the Industrial Development Bank of India Ltd. IDBI Bank also acquired United Western Bank in 2006.

Subsidiaries
IBDI Bank has the following subsidiaries:

IDBI Capital Market Services Limited IDBI Home Finance Limited IDBI Intech Limited IDBI Gilts Limited

Products and Services

IDBI Bank offers a wide array of products and services to its customers. For different customer groups and needs, there are different types of products and services including Personal Banking, Corporate Banking, SME Finance and Agri Business etc.

Products and Services

IDBI Bank offers a wide array of products and services to its customers. For different customer groups and needs, there are different types of products and services including Personal Banking, Corporate Banking, SME Finance and Agri Business etc.

Personal Banking
Following products and services are offered under Personal Banking:

Deposits o Savings Account o Current Account o Fixed Deposits o Suvidha Tax Saving Fixed Deposit o Pension Accounts o Sabka Account o Super Shakti Account for Women o Jubilee Plus Account Loans o Home Loans o Loans Against Property o Education Loans o Personal Loan o Loan Against Securities o Reverse Mortgage Loan o Auto Loan Payments o Tax Payments o Stamp Duty payments o EasyFill o Bill Payment o Card to Card Money Transfer o Online Payments o PayMate Investments Advisory o Smart Financial Planning o Mutual Fund o Insurance o Fixed Income Securities Cards o Gold Debit Card o International Debit cum ATM Card o Gift Card o World Currency Card o Cash Card

KIDS Debit Card Foundation Day Cash Back Scheme 2009 Platinum Card Institutional Banking o Institutional Savings Account o Corporate Payroll Account 24 Hours Banking o Phone Banking o SMS Banking o AccountAlerts o Internet Banking Other products o Lockers o India Post Preferred Banking NRI Services Capital Market o IPO o Demat

o o o

Corporate Banking
Following products and services are offered by IDBI Bank for the corporates:

Project Finance Infrastructure Finance Syndication, Underwriting & Advisory Services Carbon Credits Business Working Capital Cash Management Services Trade Finance Tax Payments Derivatives Technology Upgradation Fund Scheme (TUFS) Film Financing Scheme Direct Discounting Bills Rehabilitation Finance

Industrial Development Bank of India (IDBI)

The Industrial Development Bank of India (IDBI) was established on 1 July 1964 under an Act of Parliament as a wholly owned subsidiary of the Reserve Bank of India. In 16 February 1976, the ownership of IDBI was transferred to the Government of India and it was made the principal financial institution for coordinating the activities of institutions engaged in financing, promoting and developing industry in the country. Although Government shareholding in the Bank came down below 100% following IDBIs public issue in July 1995, the former continues to be the major shareholder (current shareholding: 52.3%). During the four decades of its existence, IDBI has been instrumental not only in establishing a well-developed, diversified and efficient industrial and institutional structure but also adding a qualitative dimension to the process of industrial development in the country. IDBI has played a pioneering role in fulfilling its mission of promoting industrial growth through financing of medium and long-term projects, in consonance with national plans and priorities. Over the years, IDBI has enlarged its basket of products and services, covering almost the entire spectrum of industrial activities, including manufacturing and services. IDBI provides financial assistance, both in rupee and foreign currencies, for green-field projects as also for expansion, modernisation and diversification purposes. In the wake of financial sector reforms unveiled by the government since 1992, IDBI evolved an array of fund and fee-based services with a view to providing an integrated solution to meet the entire demand of financial and corporate advisory requirements of its clients. IDBI also provides indirect financial assistance by way of refinancing of loans extended by State-level financial institutions and banks and by way of rediscounting of bills of exchange arising out of sale of indigenous machinery on deferred payment terms.

THE EXPANTION
The Company was Incorporated on 1st July, at Mumbai. The Bank was established as a wholly owned subsidiary of the Reserve Bank of India on 1st July, under a special statute, viz., Industrial Development Bank of India Act.

1965 - With effect from 1st April, the Bank introduced a scheme for rediscounting usance bills/promissory notes arising out of sale of indigenous machinery on deferred payment basis. - The Bank decided to supplement its refinance operations with a measure of risk-sharing with other institutions on a systematic basis and introduced a participation scheme for this purpose, with effect from 1st April, 1966. - The Development Assistance Fund was established on 27th March, in terms of Notification dated 16th March, issued by the Government of India. 1972 - The IDBI took initiative in establishing a technical consultancy service centre at the State level in Kerala in February called the Kerala Industrial and Technical Consultancy Organisation and contributed 51% to its paid-up capital of Rs 2 lakhs. 1973 - North Eastern Industrial and Technical Consultancy Organisation, Ltd. (NEITCO), was sponsored by the IDBI in May. Another technical consultancy organisation, viz., Bihar Industrial and Technical Consultancy Organisation, Ltd. (BITCO), was set up. - Refinance facilities are provided to eligible banks, which are authorised dealers in foreign exchange, against medium-term export credits granted to exporters in the private sector, who are manufacturers, recognised export houses or other exporters of standing. - The Bank as a apex institution, has also been vested with the responsibility of strengthening the resources position of the term financing institutions with a view to enabling them to expand and diversify their activities. - The Bank received various lines of credit from IDA/World Bank from time to time beginning from the year in US Dollars. 1976 - With a veiw to promoting fuller utilisation of capacity, technological upgradation and export development, the Government of India established in March, the Technical Development Fund (TDF). - Two Seed Capital Assistance Schemes were introduced by IDBI during the year viz. (i) SFC's Special Share Capital Scheme and (ii) IDBI's own scheme. 1977

- IDBI introduced in January, at the instance of the Government of India, a scheme for providing rupee assistance, to industrial units receiving import licences, under the TDF. - IDBI, apart from giving resource support for setting up of IFCI, UTI and SFCs, helped in establishing Shipping Credit and Investment Corporation of India, Ltd., Stock Holding Corporation of India Ltd., Securities and Exchange Board of India, Discount and Finance House of India, Ltd., Tourism Finance Corporation of India Ltd., Over The Counter (OTC) Exchange of India, Biotech Consortium India Ltd., and Indian Investment Management Company Ltd. 1982 - 55,00,000 shares issued. 1983 - 130,00,000 shares issued. 1984 - IDBI introduced equipment finance scheme in September. - 30,00,000 shares issued. 1985 - A new scheme known as Equipment Refinance Scheme was introduced with effect from July 1st. - The Bank introduced a new scheme called the Foreign Currency Refinance scheme. Under this Scheme, the Bank would extend foreign currency refinance facility to SIDCs/SIICs under the Bank's Normal Refinance Scheme. - A special scheme of assistance for installing in-house quality testing facilities was introduced under SIDF. Presently, this scheme is being operated by SIDBI. - 30,00,000 shares issued. 1986 - Small industries development fund was set up in May to pay concentrated attention to the provision of financial and non-financial inputs to the small scale sector. - 30,00,000 shares issued. 1987

- The National Equity Fund Scheme was introduced in August for providing equity type support to new tiny and small scale industrial units which are engaged in manufacturing activities and also for rehabilitation of potentially viable sick SSI units. - 20,00,000 shares issued. 1988 - 45,00,000 shares issued. 1989 - 97,00,000 shares issued. 1991 - With effect from 1st April, DAF was merged with the General Fund. - The Bank's resources can be augmented through issue of bonds and debentures with or without Government guarantee. - IDBI introduced 3-year 9% capital for sale to the public in the domestic market. - 66,00,000 shares issued. 1992 - The Bank issued unsecured bonds for a minimum aggregate amount of Rs 300 crores as follows: Deep Discount Bond had a face value of Rs 1,00,000 was issued at a deeply discounted price of Rs 2,700 with a maturity period of 25 years from the date of allotment, Double Option Bond had a face value of Rs 5,000 bears an interest of 15% payable at the end of 10th year on redemption with a premium of Rs 250 per bond. Part A of Rs 5,000 and Part B of Rs 16,500 are tradable separately on Stock Exchanges at Ahmedabad Mumbai, Bangalore, Calcutta, Delh and Mumbai and Regular Return Bond had a face value of Rs 5,000 where interest on principal sum is payable half-yearly. These bonds are redeemable at a premium of 5% at the end of 10 years from the date of allotment. - The bank entered the area of merchant banking to provide professional advice and services to industry for raising resources from capital market, acquisition of assets on lease and mergers/take-overs of existing units. - The Bank set up a foreign exchange dealing room to deal with all foreign exchange transactions. The bank had set up Investor Services

of India Ltd. with a view to providing registrar and transfer services based on high technology system. - In order to provide wider range of direct finance to meet the specific requirements of clients, the bank introduced new products such as Asset Credit and Equipment Finance. Also introduce equipment leasing to meet the increasing demand for such services. - 50,00,000 shares issued. 1993 - Authorised Capital reclassified. Equity Shares sub-divided. 2530,00,000 Pref. shares issued. Under Section 4 of IDBI Act, 1964, Government of India by the notification in Official Gazette date 16.11.1994 converted 2530,00,000 No. of equity shares into Preference shares. 1994 - The Bank obtained the membership of National Stock Exchange. IDBI Bank Ltd. promoted and incorporated in September as a commercial bank with an authorised capital of Rs 500. - The Bank had set up a Mutual Fund as a trust with a view to offering innovative investment products to investors backed by high quality servicing. - 17,30,93,300 shares allotted to public. 1995 - 17 New ventures were sanctioned. The beneficiary industries were electronics, industrial automation, industrial products and machinery, computer software etc. - The bank entered into an Umbrella Grant Agreement with the World Bank for US $ 50 million aimed at phasing out use of ozone Depleting Substances in industry as part of ongoing efforts to reduce environmental degradation. - Loan was approved by the World Bank as part of the financial sector development of select commercial banks underwrite the bank acts as pass through Agent. - The Bank offered 16,80,00,000 No. of Equity shares of Rs 10 each to Public at a premium of Rs 120 each along with 1,44,20,000 No. of

equity shares of Rs 10 each at a price of Rs 130 per share was offered for sale by Government of India. Out of the above 3,36,00,000 shares offered to UTI, Exim Bank and IRBI. - 5,80,000 offered to various categories shares offered to 1997 - The Bank accepted 68 debenture trusteeship assignments in respect of bonds and debentures aggregating to Rs 2,743 crores. 1997 - IDBI, became the first financial institution to apply NSDL as DP. - IDBI has signed an agreement with National Securities Depository Ltd (NSDL) to get its equity shares admitted for dematerialisation. - IDBI has signed a -million bilateral seven-year loan facility arranged by Asahi Finance Ltd with Asahi Bank Ltd, Hong Kong as the lender. - The Reserve Bank of India has shot down the IDBI's proposal to privately place equity shares of its subsidiary, IDBI Bank, with the shareholders of the financial institution. - The largest financial institution of the country IDBI has merged its foreign exchange and domestic treasury operations following rapid deregulation of the money and foreign exchange markets in the country. - The 500 MW Pench thermal power project, promoted by Pench Power Ltd, has tied up its financing arrangement with IDBI. - The IDBI has signed a 0 million line of credit with the Export-Import Bank of Japan (EXIM-J) at Tokyo. - IDBI is set to become the first all-India financial institution to float capital gains bonds. 1998 - The Industrial Development Bank of India (IDBI) has commissioned a study on the country's debt market. - The IDBI has tied up a 0 million line of credit with the Export shares offered to employees, 10,02,20,000 shares were public along with 19,78,000 shares not taken up in (all were taken up along with unsubscribed portion of other categories).

Import Bank of Japan for financing Indo-Japanese joint venture projects in India. - The IDBI is set to enter the capital market with a mega Rs 1,000-1,500 crore debt issue (Flexibond 4). This will be IDBI's maiden retail issue in the current fiscal. - American Express Bank, the travel related and financial services company, has entered into a strategic alliance for financial services with IDBI Bank. - IDBI Bank has entered into a strategic alliance with leading travel and financial service company American Express Bank. - The Industrial Development Bank of India would enter the capital market with a public issue of four crore shares with a face value of Rs 40 crore. - IDBI may tie the knot with US based .9 billion Principal Financial Group for management of provident & pension funds in the country. - The Industrial Development Bank of India has tied up with 8 commercial banks for extension of loans against its Flexibonds V issue slated to be launched from December 21. 1999 - IDBI Bank Ltd, came out with a maiden public offering of four crore equity shares of Rs 10 each at a premium of Rs 8 per share aggregating Rs 72 crore, said four lakh shares were reserved for its employees and another 40 lakh shares were reserved for IDBI's equity holders on a competitive basis. The issue will close on February 16, 1999. The shares are proposed to be listed on BSE, NSE, and the Indore Stock

How to prepare for interview of IDBI Bank?

After the success in Written test, short listed candidates will be called for interviews. Depending on the cut-off marks of syndicate written test, bank may invite in 1:6 OR 1:3 ratio candidates to interview. It is good idea to prepare well in written test to face interview well. Because final selection is depends on the written test and interview performance of candidates And Total marks and number of vacancies. Bank reserves rights to change it according to procedure and requirements and forthcome opening branches of IDBI Bank. Those candidates do not success in written test may apply for next time exams of IDBI Bank. However the candidates those who qualify written test but not selected in interview, may hope for waiting list of IDBI Bank order for a year. Bank may send call letters to the waiting listed candidates if the selected candidates fails in final process which includes fitness, documentation verification (Cast certificate, PWD certificate, Date of Birth, mark list) etc.

IDBI Bank Recruitment 2011 700 vacancies www.idbi.com: Industrial Development Bank of India (IDBI) invites online applications from qualified candidates for the recruitment of 700 Executive vacancies. The information regarding age limit, educational qualification and other details of IDBI Bank Recruitment is mentioned below. IDBI Bank Recruitment 2011 vacancy details: Total no of vacancies: 700 vacancies Name of the post: Executive Age limit: Maximum age limit 25 years as on 30-11-2010 age relaxation as per rules. Educational qualification: Graduation with 55% marks from (50% SC-ST-PWD) recognized university. Selection Procedure: Selection should be based on written test, interview. Application fee: Rs 400/- (Postal charges Rs 75/- for SC-ST-PWD-Ex Servicemen) by challan through IDBI or SBI How to apply: The eligible candidate has to apply online only through banks website from 0212-2010 to 16-12-2010. Important dates: Cut-off date for eligibility criteria (Age and Educational Qualification): 30-11-2010 Opening date for cash payment: 01-12-2010 Closing date for cash payment: 15-12-2010

Opening date for online submission of the application: 02-12-2010 Closing date for online submission of the application: 16-12-2010 Date of written test: 23-01-2011

IDBI Bank Ltd Recruitment 2010-2011

We have updated this resource with latest opening of IDBI bank. SPECIAL RECRUITMENT DRIVE for SC, ST, OBC & PWD PLEASE READ THE COMPLETE ADVERTISEMENT CAREFULLY BEFORE MAKING PAYMENT OF FEES AND SUBMITTING THE ONLINE APPLICATION IDBI Bank Ltd., a banking company under the Companies Act 1956, having majority share holding by Government of India, is a leading provider of complete range of retail and corporate banking services to its clients. Recruitments in IDBI Bank are strictly through open competition and IDBI Bank Ltd. has not hired the services of any agency or individual to recruit personnel on its behalf or collect any money/commission/charges for training, etc. IDBI Bank Ltd. invites applications to fill up the backlog vacancies mentioned below from Indian citizens belonging to Scheduled Caste (SC), Scheduled Tribe (ST), Other Backward Class (OBC) Non creamy layer and Persons With Disabilities (PWD) at the Bank's offices in India. Sr. Reserved for No. Name of the Post No. of Posts SC ST OBC PWD 1 Assistant Manager Grade 'A 880 208 156 420 96 2 Manager - Grade 'B' 104 17 25 62 0 3 Assistant General Manager Grade 'C' 83 15 15 53 0 TOTAL 1067 240 196 535 96 The number of posts mentioned above are backlog vacancies in each category. The Bank reserves the right to draw a waitlist and consider waitlisted candidate(s) for future requirements. Offer letters may be issued in phases. I. Eligibility Criteria (A) Citizenship A candidate (irrespective of the post applied for) must be either (i) citizen of India or (ii) subjects of Nepal and Bhutan or (iii) Tibetan refugees (who came over to India before 1st January 1962) or (iv) persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour, the Eligibility Certificates have been issued by Government of India. A candidate, in whose case, a certificate

of eligibility as above is necessary may be admitted to the selection process conducted by the Bank, without the same, but on final selection, the offer of appointment may be given only after the Government of India has issued the necessary eligibility certificate to him / her. 2 (B) Educational qualifications & Work experiences (As on September 1, 2010, i.e. upto and inclusive of August 31, 2010) Posts Educational Qualifications Experience Assistant Manager Grade A Graduate from a recognized University with 55% marks in aggregate*. (60% marks in aggregate* for OBC and PWD-General category candidates) Nil Manager - Grade B Graduate from a recognized University. Professional Qualifications such as CA, ICWA, CFA, MBA, CAIIB would be preferred. Minimum 4 years full time direct experience as an Officer with a Commercial Bank. ** Assistant General Manager Grade C Graduate from a recognized University. Professional Qualifications such as CA, ICWA, CFA, MBA, CAIIB would be preferred. Minimum 8 years full time direct experience as an Officer with a Commercial Bank. ** * The percentage of marks shall be arrived at by adding the actual marks obtained by the candidates in all the subjects, for which, the candidates appeared (including optional, additional, language, subsidiary, honours, etc.) in all the semester/year(s) and dividing the same by the total of maximum marks in all the subjects as indicated above. The percentage of marks in fraction will not be rounded off to next higher digit (i.e., 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%). * Candidates from Universities/Institutes awarding degrees based on rating/grades other than numerical marks (i.e. CGPA / GPA / any other form), please note that if the equivalent aggregate percentage of marks is not mentioned in the mark sheet/certificate, candidates are required to get

a letter from the head of the Institute/Controller of Examination of the University, stating clearly, the methodology of conversion of the grades into percentage (conversion formula) and the numerical marks equivalent to their rating /grades. ** Experience through an outsourcing vendor, service provider, KPO/BPO or IT support services provider for any of the entities listed for the posts of Manager and Assistant General Manager will not be considered. Proficiency in computers is essential for all the posts mentioned above. 3 (C) Age (As on September 1, 2010, i.e. upto and inclusive of August 31, 2010) Posts Maximum age Assistant Manager - Grade A 31 years for OBC candidates, 33 years for SC/ST candidates, 38 years for PWD (General candidates), 41 for PWD (OBC candidates) and 43 years for PWD (SC/ST candidates). Manager - Grade B 35 years for OBC candidates and 37 years for SC/ST candidates. Assistant General Manager Grade C 40 years for OBC candidates and 42 years for SC/ST candidates. Note: (a) Candidates must have a minimum age of 18 years as on the cut off date mentioned above. (b) Age relaxation as per Government of India guidelines will be extended to (i) Exemployees of banking institutions, whose services had to be terminated for reasons of economy or as a result of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and applying through Employment Exchanges (ii) Ex-Servicemen (including Emergency Commissioned Officers/Short Service Commissioned Officers) provided applicants had rendered at least five years of continuous Military Service and had been released on completion of assignment (including those, whose assignment is due to be completed within one year) other than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability or release on account of physical disability attributable to Military Service or on invalidment, (iii) Emergency Commissioned Officers/Short Service Commissioned Officers, who had completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate stating that they would be released on selection by the Bank within three months from the date of receipt of offer of appointment from the Bank (iv) Candidates, who had ordinarily been domiciled in Kashmir Division of the State of Jammu and Kashmir between 1st January, 1980 and 31st December, 1989 and (v) For the Children/family members of those, who died in the 1984 riots. (c) Cumulative age relaxation will not be available either under the above items or in combination with other items. An ex-serviceman, who has once joined a government job on the civil side (as an civilian) after availing of the benefits given to him as an ex-serviceman for his re-employment, including a job in a Public

Sector Bank ceases to enjoy ex-serviceman status for further employment. 4 II. Non-refundable application fees & postage charges and payment procedure (a) ` 75/- (Rupees Seventy five only) towards postage charges is payable by SC/ST/PWD candidates and `400/- (Rupees Four hundred only) by OBC candidates towards application fee & postage charges. Candidates are required to make payment of the said fees/charges in cash at any of the branches of IDBI Bank Ltd. (IDBI) or State Bank of India (SBI). Proforma of the challan to be used for payment through IDBI/SBI are displayed on the IDBI Bank's website . Candidates may download the challans and approach the branches of the respective bank for making payments. Please note that the challans will not be available in any of the branches of the banks and the candidate has to download the same from the Bank's website. (Click here for the challan). (b) While the candidates paying the above fee & charges through IDBI Bank will be required to pay only the stipulated fee of `75/- or `400/- as stated above, the candidates paying the fee through SBI will have to pay an additional amount of `50/- towards service charge to SBI. (c) On payment of the requisite fees/charges, the concerned branch of IDBI/SBI will generate a unique 14/10 digit code number respectively, which will be recorded on the counterfoil of the challan. The counterfoils of the challan (both the candidates copy and the Bank's copy) duly stamped will be returned to the candidate as proof of receipt of the fees. (d) The candidates, who have made the payment of fees as above, may thereafter, apply online as indicated in Para VI of this advertisement. The candidates will be required to enter the 14/10 digit unique number in the online application to enable them to submit their application. (e) The payment of fees & charges will be accepted only during the banking hours at the respective banks branches as under: Posts Opening date for receipt of application fees & charges Closing date for receipt of application fees & charges For all the posts September 29, 2010 October 17, 2010 (f) The dates for payment of fees will be the same even for candidates applying from farflung areas. No other mode of payment of application fee will be acceptable. Fees once paid will not be refunded. (g) In case the Bank extends the last date of submission of online application due to technical reasons, the period during which, the fees will have to be paid will not undergo any change and will remain the same as mentioned above. III. Selection process for all the posts (a) The selection process for all the posts will comprise a Written Test (WT) and candidates, who are successful in the WT will be called for a Personal Interview (PI). (b) The WT will comprise of Objective Type Questions having four components, viz. (a) Test of Reasoning, (b) Test of English Language, (c) Test of Quantitative Aptitude and (d) Test of General & Financial Awareness. Question papers for the written test, except the paper on 'Test of English Language', will be set in Hindi and English. The number of candidates to be called for interview will be at the discretion of the Bank. Candidates have the option to answer 5 the questions during interview in Hindi or English at their option. Candidates qualifying both in the written test and interview shall be considered for final short listing for pre-recruitment

medical examination. The final selection / offer of employment will be based on candidates marks in the WT and PI, being found medically fit and subject to fulfillment of other eligibility criteria with regard to age, educational qualification and work experience and submission of all necessary documents as proof to that effect. (c) The WT and PI for Assistant Manager will be held at the following 16 centres, i.e. Ahmedabad, Bangalore, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Kanpur, Kochi, Kolkata, Mumbai, New Delhi, Patna and Shimla. (d) The Written Test and Personal Interview for Manager and Assistant General Manager will be held at the following 5 centers i.e. Chennai, Guwahati, Kolkata, Mumbai and New Delhi. (e) The WT will be held on November 14, 2010 for all the posts. (f) Candidates may select any one center from the above-mentioned centers and indicate the preferred center for the WT and PI in his/her application. The centres, once selected will be final. Request for change of Center will not be entertained under any circumstances. The Bank, however, reserves the right to add/change/cancel any of the centers for WT and PI depending on the response/ number of applications/ number of shortlisted applications for a particular center. (g) Modification/change in the date of the WT/PI and/or cancellation of centre, if any will be notified through an advertisement and displayed on the website of the Bank. (h) Candidates will be intimated regarding the time, date and address of the venue of the WT and PI through online call letters and details of the same will be displayed on the Bank's website. Please note that hardcopy of the call letter will not be issued. The candidates are advised to visit the Bank's website to download the online call letter for WT in the month of November 2010 and for PI in the month of December 2010 by entering their registration number and password. No separate communication by post will be issued to the candidates. In view of providing online Call letters for WT and PI, no duplicate Call Letter will be issued to any candidate. No correspondence will be entertained with the ineligible candidates. (i) Bank reserves the right to decide on schedule of PI as per its convenience. Candidates should carry the print of online Call Letter, application form, counterfoil of challan for payment of fees (candidate's copy) and all supporting documents (proof in respect of age, education, experience and caste) in original along with a copy of same at the time of interview. Please note that actual scrutiny of the facts declared by the candidate in the application form will be done only on the day of the interview. Candidates not qualifying the eligibility criteria, or failing to produce any required document on the day of the interview will not be allowed to attend the interview and his candidature will stand cancelled. Only candidates found prima-facie eligible will be allowed to attend the PI. (j) Other instructions, if any, in this regard will also be displayed on the Bank's website. Candidates are, therefore, advised to visit the Bank's website at regular intervals. (k) All candidates shortlisted in PI will be referred for pre-recruitment medical examination on same day/ next day. Reference for medical examination does not imply final selection, which may please be noted. The final selection/ offer of employment will be made based on candidates marks in the PI, being found medically fit and subject to fulfillment of all other eligibility criteria with regard to age, qualification and experience as stipulated in the advertisement. 6 IV. Pre-Recruitment Training (PRT) for SC/ST candidates (all posts) (a) In compliance with Government Guidelines, Bank will arrange a free non-residential

pre-recruitment training for 6 consecutive working days (November 8 to 13, 2010) prior to the date of WT for SC/ST candidates, who opt for the same at the time of submission of online application. The PRT for candidates applying for the post of Assistant Manger will be conducted at the 16 centres, viz. Ahmedabad, Kanpur, Patna, Shimla, Chandigarh, New Delhi, Jaipur, Bhopal, Guwahati, Kolkata, Bhubaneswar, Mumbai, Hyderabad, Bangalore, Kochi and Chennai. The PRT for candidates applying for the post of Manger and Assistant General Manager will be conducted at the 5 centres, viz. Chennai, Guwahati, Kolkata, Mumbai and New Delhi. The Bank reserves the right to add or delete the centers of pre-recruitment training depending on the response. Candidates, who desire to avail of such training, may indicate the same at the appropriate place in the application form. The candidates will have to make their own arrangements for travel, stay and meet all expenses for the PRT. Please note that PRT will not confer on the candidate any right of recruitment in the Bank. (b) Details regarding the time, date and address of the venue of the PRT for the interested eligible candidates will be put on the Bank's website. Provision will be made to issue online Call Letters for PRT also. Other instructions, if any, in this regard will also be displayed on the website. Candidates are, therefore, advised to visit the Bank's website at regular intervals for updates during last week of October /first week of November, 2010. V. Pay, allowances, perquisites and terms of appointment The present pay scales for each of the advertised posts are as under: Sr. No Posts Scale of pay 1 Assistant Manger `14400-1000(19)-33400-1250(6)-40900 (26 years). 2 Manager `19000-1000(17)-36000-1250(6)-43500 (24 years). 3 Assistant General Manager `25700-1000(1)-26700-1100(12)-39900-1250(6)47400 (20 years). In addition to the pay, the selected candidates will be eligible for allowances, perquisites and benefits as applicable to the Grade as per Bank's rules, prevalent at the time of joining. Appointment for the posts of Assistant Manager, Manager and Assistant General Manager will be on probation for a period of 1 year from the date of joining and can be extended at the discretion of the Bank. Candidates will be posted at the Bank's discretion, to any of the branches of the Bank or departments/ offices/ business units/ Bank's associate institutions. The candidate will also be liable to be transferred to any place in/outside India, as the Bank may decide from time to time in terms of Bank's prevailing rules and policies. VI. How to apply for all posts (a) Applications shall be submitted only by the on-line mode through the Bank's website after carefully going through all the instructions contained in this advertisement and Online Application Form. No other means/mode of application form will be accepted. (b) On submission of the online application, the candidate will receive a registration number and password, which he/she needs to retain for use in future. (c) Important dates for all posts are as under : 7 For all posts Opening Date Closing Date Gateway for Payment of fees

& charges September 29, 2010 October 17, 2010 Gateway for online submission of application forms October 1, 2010 October 18, 2010 (d) Candidates applying for all the post, after submission of the online application form shall take a print of system-generated hard copy of the application form and preserve the same for submission at the time of interview, along with the counterfoil of the challan for payment of fees and the documents required in support of the eligibility criteria as detailed below: (1) Age: 10th and 12th standard mark sheet / school leaving certificate / birth certificate. (2) Educational Qualifications: i. Graduation - all semester wise / year wise individual mark sheets. ii. All mark sheets pertaining to improvement in the marks [i.e. if the candidate has made more than one attempt to obtain pass/improve marks of any subject in any of the semester(s) or year(s)] iii. Degree/provisional pass certificate. iv. If Post Graduate qualification is declared in the application form, the mark sheet and degree/provisional certificate of the same (3) Work Experience: If declared in the application form, please bring the documents as mentioned in clause (e).2 below. (4) Caste Certificate: If declared, certificate in proforma as explained below in clause VII (l). (5) PWD Certificate: If declared, certificate in proforma as explained below in clause VII (l) and (m). Inability to produce any of the above mentioned documents (both original and attested copy) at the time of interview will render the candidate ineligible for the selection. (e) The candidates shall submit the following documents (both original and attested copy) along with the filled in & duly signed printout of system generated application form on the day of the interview: 1. Copies of certificates pertaining to age, educational qualifications and work experience. Attested photocopies of the Provisional/Degree certificate of the educational qualification. 2. Copies of experience Certificate from the past and current employers or Offer Letters, Relieving Letters, Pay/Salary Slips clearly indicating the date of joining and date of relieving for each of the past/previous employer(s). The experience certificate/testimonials produced by the candidate should indicate the date of joining and relieving, designation at the time of joining, date of promotion with designation, if any. 3. Copy of Caste/Tribe/Class Certificate for SC/ST/OBC category candidates as detailed below in clause VII (l) of the advertisement. 4. Copy of Medical Certificate issued by the Competent Authority in case of PWD candidates. 8 5. Candidates (other than SC/ST/OBC/PWD) seeking age relaxation under any other clause must attach a copy of the certificate/documentary evidence issued by the Competent Authority.

6. The counterfoil of the challan (Bank's copy) as proof that the requisite fee amount has been deposited. VII. GENERAL/OTHER INSTRUCTIONS (Please read carefully before filling up the online application form) (a) The cut-off date for reckoning the maximum and minimum age, educational qualification and work experience will be as on September 1, 2010, i.e. upto and inclusive of August 31, 2010 for all the posts. (b) Candidates may apply for only one post. Candidature of the applicant is liable to be cancelled if it is found that they have applied for multiple posts. (c) In respect of vacancies for Manager and AGM, the Bank reserves the right to make an offer for a lower grade post based on the performance in the interview, even though the candidate has applied for and fulfills the eligibility criteria for the higher-grade post. (d) If the application form does not indicate the post applied for, the application will be rejected irrespective of fulfilling the eligibility criteria. No correspondence in this regard will be entertained by the Bank. (e) Before submitting the online application form, the candidate must ensure that they fulfill all the eligibility criteria with respect to age, educational qualifications and work experience as stated in paragraph 1 of this advertisement. If the candidates are not eligible, their candidature will be cancelled at any stage of the recruitment. If the candidate qualifies in the selection process and subsequently, it is found that he/she does not fulfill the eligibility criteria, his/her candidature will be cancelled and if appointed, services will be terminated without any notice or compensation. (f) Before registering their applications on the website, candidates shall possess a valid email-id for filling the application. In case the candidate does not have a valid e-mail-id, he/she can create a new email-id. This e-mail-id shall be valid for the duration of the recruitment. (g) Application shall be filled only in English. However, option for use of Hindi will be available at the time of the Selection Process. (h) Candidates will not be allowed for the WT if they fail to carry the online call letter. Candidates will not be allowed to attend the PI if they fail to carry the online call letter, online application form duly signed and all originals and attested copies of testimonials as detailed above. Illegible or mutilated testimonials will be rejected forthwith and the candidates will not be allowed for the PI. Applications containing incorrect/misleading information will lead to the candidate being disqualified, as and when detected, irrespective of the stage of selection process and will also lead to dismissal from the services of the Bank, on its detection anytime after appointment. The Bank will not entertain any correspondence from these candidates. 9 (i) A recent passport size colour photograph (without dark glasses) shall be firmly pasted on the system generated print out of the application form and the call letters for WT and PI, at the prescribed place and be signed across by the candidate. Sufficient copies of the same photograph shall be retained for use at time of interview. Candidates are advised not to change their appearance till the entire recruitment process is over. Failure to produce the same photograph at the time of PI may lead to disqualification. Candidates are also advised not to change their signature at any point of time during and after the recruitment process. (j) Employees of IDBI Bank Ltd. applying for any of the advertised posts would be governed by the Bank's extant circulars/notifications on the subject.

(k) External candidates, who become employees of the Bank at a date later than the date of this advertisement, would also be governed by the Bank's extant circulars/notifications on the subject. (l) All candidates belonging to ST/SC/OBC/PWD category shall produce at the time of interview, attested copy of the caste certificate in the prescribed Central Government format from the Competent Authority empowered to issue such certificate along with originals for verification. OBC certificate shall be of a recent date with suitable mention about creamy layer. (OBC candidates with certificate having the "Non-Creamy Layer Clause" only will be eligible for reservation as per Government of India guidelines if the caste certificate caste appears in the Central List). The candidate's appointment will remain provisional subject to caste/tribe certificates being verified through proper channel and verification of testimonials. The candidate's services will be liable to be terminated forthwith without assigning any reason in case the above verification reveals that his/her claim for belonging to SC/ST/OBC/PWD category and other testimonials is false. The Bank also reserves its right to take such further action against the candidate, as it may deem proper, for production of such false caste certificate. (Click here for the proforma of caste certificate for SC/ST & OBC and certificate for PWD) (m) The minimum disability in case of PWD candidates is moderate, i.e. 40%. Sub-category of disability, i.e. visually handicapped (VH), hearing handicapped (HH) and orthopaedically handicapped (OH) may also be indicated. The PWD candidates shall possess a latest Certificate to this effect issued by the Board/countersigned by the Medical Superintendent/Chief Medical Officer/Head of Hospital of Government. (n) SC and ST candidates eligible for the personal interview will be reimbursed, on production of tickets, the to and fro actual single Second Class railway fare by the shortest route from the place of their residence to the place of interview. This concession will not be admissible to SC/ST candidates who are already in service in Central/State Government/Corporations/ Public Undertakings/ Local Government/ Institutes and Panchayats. (o) Candidates already in service of Government/Quasi Government Organizations and Public Sector Banks/Undertakings will have to produce a 'No Objection Certificate' from their employer, at the time of interview. Before appointment in the Bank, a proper discharge certificate/Release Order from the employer will have to be produced. (p) The Bank reserves the right to modify/amend/reverse/cancel any or all of the provisions of the recruitment process, without assigning any reason thereof. 10 (q) The Bank may at its discretion, hold re-written test/re-interview, wherever necessary in respect of a center/venue/specific candidate(s) and/or all centers/all candidates. (r) The Bank reserves the right to raise/modify the eligibility criteria pertaining to educational qualification (including percentage of marks secured at Graduation) and/or work experience. Depending upon the requirement, Bank reserves the right to cancel/ restrict/ curtail/enlarge the recruitment process, if need so arises, without any further notice and without assigning any reason there for. (s) The Bank shall not furnish the mark-sheet of selection process to candidates. (t) Canvassing in any form will be a disqualification. (u) No correspondence will be entertained from any ineligible and non selected candidates. (v) In all matters regarding eligibility, the selection process, the stages at which, the scrutiny

of 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, communication of result, etc., the Bank's decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard. (w) Your candidature/appointment is also liable to be cancelled/ terminated forthwith without any notice or compensation in lieu of notice, if any declaration / statement / information furnished by you is found to be false or untrue or if any material information if found to be suppressed, or concealed by you. (x) Appointment of the candidate in the Bank will also be subject to Medical fitness, satisfactory reference checks, verification of documents, etc. (y) Selected candidates, at the time of joining, will have to execute a service bond for a period of 2 years with the maximum liability of an amount equivalent to the starting basic pay of the respective post for 12 months for all the post advertised. (z) Any resultant dispute arising out of this advertisement and the selection process shall be subject to the sole jurisdiction of the Courts situated in Mumbai only. *************

IDBI Bank Ltd. - Research Center

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Results Statement

Quarterly Half yearly Annual Balance sheet P&L Cash flow

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(Rs crore)

Dividend Bonus Share holding Capital structures Ratio

Cash flow
Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Profit before tax 1,044.72 985.64 822.71 682.62 588.35 Net cashflow-operating activity 3,879.39 2,767.71 2,144.64 200.63 -105.24 Net cash used in investing activity -307.10 -140.06 -112.14 -153.07 -58.68 Netcash used in fin. activity -208.77 -167.10 -184.82 1,194.60 -126.46 Net inc/dec in cash and equivlnt 3,363.52 2,460.55 1,847.68 1,548.31 -290.38 Cash and equivalnt begin of year 11,219.32 8,758.77 6,911.09 5,362.78 5,653.16 Cash and equivalnt end of year 14,582.84 11,219.32 8,758.77 6,911.09 5,362.78

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IDBI BANK L
(BSE: IDBI.BO ) Last Trade: 152.55 Trade Time: 11:36AM 2.40 (1.60%) Change: Prev Close: 150.15 151.15 Open: 152.50 Bid: 152.60 Ask: 1y Target Est: 174.44 Day's Range: 150.20 - 153.75 52wk Range: 105.85 - 202.25

Volume: 446,884 Avg Vol (3m): 1,018,400 Market Cap: 110.58B P/E (ttm): 10.83 EPS (ttm): 14.08 Div & Yield: N/A (N/A) Quotes delayed, except where indicated otherwise. Currency in INR.

Job description: Bank Clerk

Behind the scenes in a bank, many people work to help keep things running smoothly. As a Bank Clerk, you would be one of these important people. Careful records must be kept for every action carried out within the bank, from a cheque being cashed to a loan being taken out. Your role as a Bank Clerk means you're responsible for maintaining these records, depending on your specialist field. As a Bank Clerk, you could be separated into one of the following:

Interest Clerk: recording interest owed to saving accounts customers and interest owed to the bank from loans and other investments. Loan Clerk: recording and organising loan information. Statement Clerk: preparing the monthly balance sheets of checking account customers. Exchange Clerks: working on international accounts, translating foreign currency into Pounds Sterling and vice versa. Security Clerk: recording, filing and looking after stocks, bonds and other investment documents. Bookkeeping Clerk: taking care of records for each customer's account.

There are various other clerical roles you could be involved in as a Bank Clerk to help keep the bank in order. Just like any other business, banks need help with general tasks, such as data entry, filing, mail handlers, and messengers.

Hours and environment

Generally, you'll be working between 35 and 40 hours a week as a Bank Clerk. Depending on the bank and its hours, you could be expected to work some evening and weekend shifts too. Banks maintain a pleasant working atmosphere, though to help concentration as a Bank Clerk you would often be working alone.

Skills and interests

To be a good Bank Clerk, you must have:

the ability to work neatly and accurately good written and verbal communication skills good numeracy and calculation skills good IT skills and computer literacy an honest and trustworthy nature a good attention to detail

Entry
To become a Bank Clerk, you'll usually need to give evidence of a good educational background. This would need to emphasise basic skills in typing, bookkeeping, and business maths. Knowledge of computers and business machines would also be helpful. During the interview process, you might be tested on your clerical skills.

Training
Most training is done on-the-job. You can work towards NVQs/SVQs in Customer Service at levels 2 and 3, and Providing Financial Services at levels 2, 3 and 4. The Diploma in Financial Services Management (DFSM) is a foundation-level qualification for those aspiring to supervisory management positions. It is offered by the Institute of Financial Services (ifs) - a subsidiary of the Chartered Institute of Bankers (CIB) - and by the Chartered Institute of Bankers in Scotland (CIOBS). If you wish to develop your career beyond the diploma, you may follow the CIB/CIOBS Associateship course, which can be undertaken by either block release or distance learning. On completion, if you are a student in England and Wales, you're also awarded a BSc (Hons) in Financial Services from University of Manchester Institute of Science and Technology (UMIST). Foundation and Advanced Modern Apprenticeships (MAPPs) may be available for people aged 16-24..

Opportunities
Banks generally prefer to promote employees, rather than hire new workers for jobs that require experience. As a Bank Clerk, you could move to a cashier or supervisor role. A good knowledge of data processing and computers will provide you with the best opportunities for promotion, as well as a demonstration of your skills. In addition, at a clerical level you could often move up to positions of greater responsibility or move into a more specialised field.

Annual income
Your salary would vary based on your experience and the area you work within. A typical starting salary would range between 15,000 and 20,000. With more experience you could earn between 22,000 and 30,000.