IDBI BANK EXAM 2018 NOTIFICATION

IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry. The central government is the owner of this bank and employees will be called as Central Government staffs. It is one among the public sector banks in India and is a nationalized bank to be treated on par with SBI and other nationalized banks in accordance with the notification dated 26th February 2013 by the finance ministry. At present the government holds 77% stake in IDBI Bank. For the first quarter of the current financial year 2017-18, the bank reported a net loss of Rs.853 crore compared to a profit of Rs.241 crore during the corresponding period last financial year. In the fourth quarter of financial year 2016-17, the bank had reported a loss of Rs.3,200 crore. While the reported loss was lower than the preceding quarter, bad loans continued to surge. In the quarter ending September 2017 the bank bounced back with a loss of Rs.198 crore compared to a loss of over Rs.2,000 crore in the previous quarter. The bank is expected to return to profit in the near future.

For More Job Related Information, Visit : JNTU Jobs Portal

Click Here To Apply

 

IDBI Bank has released a notification for the recruitment of 760 Executives. Interested candidates may check the vacancy details and apply online from 06-02-2018 to 28-02-2018. 

IDBI BANK EXAM 2018 - Details

IDBI BANK EXAM 2018 - Vacancy Details

Total No. of Posts: 760
Name of the Post: Executive
Total No. of Posts: 760
Name of the Post: Executive

IDBI BANK EXAM 2018 - Age Limit

IDBI BANK EXAM 2018 - Educational Qualification

• A Degree (Graduation) in any discipline from a University recognized by the Govt. of India OR any equivalent qualification recognized as such by the Central Government.
• The candidate must possess valid Mark-sheet / Degree Certificate that he/ she is a graduate on the day he / she registers and indicate the percentage of marks obtained in Graduation while registering online.
• Those who are in the final year of their Graduation / Semester may also apply provisionally subject to the condition that, if called for Document Verification and Pre Recruitment Medical test, they will have to produce proof of having passed the Graduation examination on or before February 28, 2018.
• The date of passing the eligibility examination will be the date appearing on the mark-sheet or provisional certificate issued by University / Institute. In case the result of a particular examination is posted on the website of the University / Institute and web based certificate is issued then proper document/certificate in original issued and signed by the appropriate authority of the University / Institute indicating the date of passing properly mentioned thereon will be reckoned for verification and further process.
• Candidate should indicate the percentage obtained in Graduation calculated to the nearest two decimals in the online application. Where CGPA / OGPA is awarded, the same should be converted into percentage and indicated in online application. If called for document verification, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating that the norms of the University regarding conversion of grade into percentage and the percentage of marks scored by the candidate in terms of norms.
• Calculation of Percentage: The graduation percentage and class will be calculated as per the University norms for calculation of percentage and declaration of class/results. The graduation percentage/class as appearing in the Final Year/semester/consolidated mark-sheet & Provisional/Degree Certificate will be taken into consideration for eligibility. In case the graduation percentage/class is not clearly mentioned in the mark-sheet/certificate, the candidate has to produce a certificate issued by the appropriate authority of University/Institute indicating graduation percentage/class as per the university norms for awarding degree.
• Candidate should indicate the percentage obtained in Graduation calculated to the nearest two decimals in the online application. The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%.
• Applicants are expected to have proficiency in Computers

IDBI BANK EXAM 2018 - Application Fee

Candidates should pay Rs. 150/- (Intimation Charges) for SC/ ST/ PWD candidates and Rs. 700/- (Application fee + Intimation Charges) for all other candidates through online by using Debit Cards (RuPay/ Visa/ MasterCard/ Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

IDBI BANK EXAM 2018 - Application Process

(i) Candidates  to  go  to  IDBI  Bank’s  website  www.idbi.com and  click  on  the(i) Candidates  to  go  to  IDBI  Bank’s  website  www.idbi.com and  click  on  the“CAREERS” to open the link “Recruitment of Executives – 2018” and then click on the option “APPLY ONLINE” which will open a new screen.
(ii) To register application, choose the tab “Click here for New Registration” and enter Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.
(iii) In case the candidate is unable to complete the application form in one go, he / she can save the data already entered by choosing “SAVE AND NEXT” tab. prior to submission of the online application candidates are advised to use the “SAVE AND NEXT” facility to verify the details in the online application form and modify the same if required. Visually Impaired candidates should fill the application form carefully and verify/ get the details verified to ensure that the same are correct prior to final submission.
(iv) Candidates are advised to carefully fill and verify the details filled in the online application themselves as no change will be possible/ entertained after clicking the submit button.
(v) The Name of the candidate or his /her Father/ Husband etc. should be spelt correctly in the application as it appears in the Certificates/ Mark sheets. Any change/alteration found may disqualify the candidature.
(vi) Validate your details and Save your application by clicking the “Validate your details” and “Save & Next” button.
(vii) Candidates can proceed to upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature detailed under point “C”.
(viii) Candidates can proceed to fill other details of the Application Form.
(ix) Click on the Preview Tab to preview and verify the entire application form before submitting the application.
(x) Modify details, if required, and click on “FINAL SUBMIT” ONLY after verifying and ensuring that the photograph, signature uploaded and other details filled by you are correct.
(xi) Click on “Payment” Tab and proceed for payment.
(xii) Choose the Payment Mode ONLINE and click on “Submit” button.

IDBI BANK EXAM 2018 - Selection Process

Applicants are selected on the basis of their performance in the following rounds conducted by the IDBI Selection board.

• Written Test
• Document Verification
• Personal Interview

IDBI BANK EXAM 2018 - Exam Pattern

The structure of the Examination is as follows

For More Job Related Information, Visit : JNTU Jobs Portal

• The test will be available in both English and Hindi.
• Negative Marks – For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate, there will be no penalty for that question.

IDBI BANK EXAM 2018 - Syllabus

(A) IDBI Bank Executive Syllabus for  Reasoning Ability:

This section will test the ability of logical reasoning based on some date and pattern.

Reasoning topics are as follows:

• Alphabet test
• Mathematical operations test
• Series test
• Analogy
• Odd Man out
• Classification
• Syllogism
• Coding & decoding
• Blood relations
• Number series
• Ranking
• Time sequence
• Causes & Effects
• Analytical reasoning
• Direction sense test
• Seating arrangement
• Decision making
• Input output
• Puzzles
• Statement & Conclusions
• Statement & Assumptions
• Statement & Arguments
• Statement & Action’s courses
• Passage & Conclusion
• Assertion & Reasoning
• Figure Series
• Word formation
• Series

(B) IDBI Bank Executive Syllabus for Quantitative Aptitude:

This section will test the numerical ability. The speed , accuracy and application of correct formula will be the prime derivative.

Quant topics are as follows:

Number Systems:

• Computation of Whole Numbers
• Decimal and Fractions
• Relationship between numbers
• Fundamental Arithmetical operations
• Percentages, Ratio & Proportion
• Square roots
• Averages
• Simple & Compound Interest
• Profit & Loss
• Discount
• Partnership Business
• Mixture & Allegation
• Time & Distance
• Time & Work

Algebra:

• Basic algebraic identities
• Elementary surds (simple problems)
• Graphs of Linear Equations

Menstruation:

• Triangle
• Quadrilaterals
• Regular Polygons
• Circle
• Right Prism
• Right Circular Cone
• Right Circular Cylinder
• Sphere, Hemispheres
• Rectangular Parallelepiped
• Regular Right Pyramid
• Data Interpretation
• Pie Chart
• Bar graph
• Diagrams
• Tables

(C) IDBI Bank Executive Syllabus for English Language:

This section will reading,understanding, grammar and vocabulary skills.

English topics are as follows:

• Spotting the errors
• Phrase substitution
• Ordering of sentences or jumbled up sentences
• Double blanks in a sentence
• Fill in the blanks
• Cloze Test
• Idioms & Phrases
• Choosing the appropriate filler
• Synonyms & Antonyms
• Reconstruction of sentence & passage
• One word substitution
• Commonly misspelled words, Comprehensions

IDBI BANK EXAM 2018 - Salary

Selected candidates will get the best pay scale with grade pay and other allowances as per the organization norms.

• Rs. 17, 000/- per month in the first year.
• Rs. 18, 000/- per month in the second year.
• Rs. 20, 000/- per month in the third year.

IDBI BANK EXAM 2018 - Important Dates