SIDBI Grade A Recruitment 2023 Notification for 50 Posts

SIDBI Grade A Recruitment 2023 Notification for 50 Posts

SIDBI Grade A Recruitment 2023 Notification for 50 Posts

Good News for Candidates SIDBI Grade A Recruitment 2023 Notification – Small Industries Development Bank of India (SIDBI) Recruitment Board has released the SIDBI Grade A 2023 Notification PDF for the post of Assistant Manager in Grade 'A' (General Stream). This is a golden opportunity for people looking for bank jobs. The application process for SIDBI Grade A Notification 2023 is completely online and will be open from 8th November 2023 to 28th November 2023. Candidates interested in applying for SIDBI Assistant Manager Recruitment 2023 should download the SIDBI Grade A Recruitment 2023 Notification PDF, which contains all the necessary details regarding eligibility, educational qualification and other important information, or you can read the details in the sections given below. You can scroll down to and get information about SIDBI Grade A Recruitment 2023.

sidbi grade a recruitment 2023

If you are aiming to join Small Industries Development Bank of India (SIDBI) as an Assistant Manager, it is important to keep an eye on the SIDBI Grade A 2023 Notification. The notification outlines the number of vacancies available, selection process and application fee. Make sure to submit your SIDBI Grade A online application within the specified dates to be considered for this amazing career opportunity. Don't miss this opportunity to be a part of SIDBI Grade A Recruitment 2023 and start a rewarding career in the banking sector.

SIDBI Grade A Recruitment 2023 Notification - Overview

Latest SIDBI Grade A Notification 2023

Organization Name - Small Industries Development Bank of India (SIDBI)

Post Names - Assistant Manager in Grade ‘A’ (General Stream)

No.of Posts - 50

Advertisement no. - 04/Grade A/2023-24

Application Starting Date - 8th November 2023

Application Closing Date - 28th November 2023

Mode of Application - Online

Category - Bank Jobs

Job Location - Across India

Selection Process - Group Discussion, Interview

Official Website - sidbi.in

SIDBI Grade A Notification 2023 – Important Dates

Opening of Online Registration Gateway / payment of fees – 8th November 2023
Closing of Online Registration Gateway / payment of fees – 28th November 2023
Cut-off date for determining Eligibility Criteria with regard to age – 8th November 2023
Cut-off date for determining Eligibility Criteria with regard to Post qualification Experience – 28th November 2023
Tentative Date of Group Discussion & Interview – December 2023/ January 2024

SIDBI Grade A 2023 – Vacancies

Assistant Manager in Grade ‘A’ (General Stream) 50

SIDBI Grade A Recruitment 2023 – Educational Qualifications & Experience

Post Name - Assistant Manager in Grade ‘A’ (General Stream)

Educational Qualifications & Experience

• Bachelor’s degree in any subject from any recognized University / Institution with a minimum of 60% marks (SC/ ST / PwBD applicants – 55%) in aggregate from Universities / Institutions recognized by GoI / UGC (or)
• CA/ CS/ CWA/ CFA/ CMA (or)
• Bachelor’s degree in Law / Bachelors’ Degree in Engineering with a minimum of 60% marks (SC/ ST / PwBD applicants – 55%) in aggregate from Universities / Institutions recognized by GoI / UGC / AICTE.
• Minimum post Educational Qualification work experience – 2 or 3 years of experience is required

SIDBI Assistant Manager Recruitment 2023 – Age Limit

Post Name  and  Age Limit (As on 8th November 2023)

• Assistant Manager in Grade ‘A’ (General Stream) 
• Not exceeding 30 years. (candidates born not earlier than 9th November 1993 are only eligible to apply)

SIDBI Grade A Recruitment 2023 – Selection Process

The Bank will conduct a Psychometric Test or any other suitable Test and then shortlisted candidates will appear for Group Discussion and Interview. More information on selection process can be gathered from the official SIDBI Grade A 2023 Notification.

SIDBI Grade A Salary Details

Post Name - Assistant Manager in Grade 'A' (General Stream)

Pay scale - (in) Minimum Gross emoluments (p.m.)

 44500 – 2500(4) – 54500 – 2850(7) – 74450 -EB -2850(4) – 85850 – 3300(1) – 89150 (17 years) `90,000/- approx.

SIDBI Grade A Recruitment 2023 – Application Fee

• SC/ST/PwBD – Rs.175/-
• Others (including OBCs / EWS and General Candidates) – Rs.1100/-
• Staff Candidates (only permanent / regular employees of SIDBI) – NIL

SIDBI Grade A Recruitment 2023 Notification – Apply Online Link

SIDBI Grade A 2023 Notification – Important Links

∎ SIDBI Grade A Online Form Submission Link - Application Link Here

About SIDBI

SIDBI, or Small Industries Development Bank of India, is a financial institution of India established in 1990. Its headquarters is in Lucknow, Uttar Pradesh. SIDBI's primary focus is on the development and financing of the micro, small and medium-sized enterprises (MSME) sector in India.

The major functions and roles of SIDBI include:

Financial Assistance: SIDBI provides various financial products and services to support the growth of MSMEs. This includes term loans, working capital finance and financial assistance for technology upgradation.

Refinance Operations: SIDBI acts as a refinance agency for banks and financial institutions that provide loans to MSMEs. This helps reduce risk for these institutions and encourages them to lend more to the MSME sector.

Promotion and Development: SIDBI plays an active role in promoting and developing the MSME sector. It provides various support services like training, consultancy and advisory services to entrepreneurs and MSMEs.

Venture Capital: SIDBI is involved in providing venture capital to startups and small businesses. It has set up subsidiaries like SIDBI Venture Capital Limited (SVCL) to focus on equity participation in MSMEs.

Credit Guarantee: SIDBI offers credit guarantee schemes to facilitate collateral-free loans to micro and small enterprises. This helps improve access to finance for these businesses.

International Collaboration: SIDBI collaborates with international agencies and financial institutions to promote MSME development. It participates in initiatives and programs that contribute to the development of the MSME sector.

Technology Upgradation: SIDBI supports technology upgradation in MSMEs by providing financial assistance for adoption of modern technologies and processes.

SIDBI plays a vital role in India's economic development by promoting the growth of small and medium enterprises, which are essential contributors to employment generation and overall economic prosperity. The Institute continues to evolve its strategies and services to meet the changing needs of the MSME sector.

SIDBI Grade A Recruitment 2023 – FAQ

What is the application starting date for the SIDBI Grade A 2023 recruitment?

The application starting date is 8th November 2023.

How many vacancies are available for the post of Assistant Manager in Grade ‘A’ in the SIDBI Grade A 2023 notification?

There are 50 vacancies for this post.

What is the selection process for the SIDBI Grade A 2023 recruitment?

The selection process includes a Psychometric Test or any other suitable Test followed by Group Discussion and Interview.

What is the application fee for SC/ ST candidates in the SIDBI Grade A 2023 recruitment?

The application fee for SC/ ST/ PwBD candidates is Rs. 175.