SIDBI (India)

sidbiOverview:
SIDBI
was established on April 2, 1990. The Charter establishing it, The Small Industries Development Bank of India Act, 1989 envisaged SIDBI to be “the principal financial institution for the promotion, financing and development of industry in the small scale sector and to co-ordinate the functions of the institutions engaged in the promotion and financing or developing industry in the small scale sector and for matters connected therewith or incidental thereto.The business domain of SIDBI consists of small scale industrial units, which contribute significantly to the national economy in terms of production, employment and exports. Small scale industries are the industrial units in which the investment in plant and machinery does not exceed Rs.10 million . About 3.1 million such units, employing 17.2 million persons account for a share of 36 per cent of India’s exports and 40 per cent of industrial manufacture. In addition, SIDBI’s assistance flows to the transport, health care and tourism sectors and also to the professional and self-employed persons setting up small-sized professional ventures. SIDBI retained its position in the top 30 Development Banks of the World in the latest ranking of The Banker, London. As per the May 2001 issue of The Banker, London, SIDBI ranked 25th both in terms of Capital and Assets. The mission of the bank is “To empower the Micro, Small and Medium Enterprises (MSME) sector with a view to contributing to the process of economic growth, employment generation and balanced regional development”

Recruitment Procedure:
The Selection generally includes interview and / or group discussion only. However, incase, large number of applications are received by the Bank for any particular grade (s), the Bank reserves the right to conduct the written examination to screen the candidates at the first stage. Information on pattern of written examination, if required to be held, would be intimated to the short listed candidates separately in due course along with necessary details.

Head Office
SIDBI Tower
15, Ashok Marg
Lucknow – 226001
Phone No:- +91 – 522 – 2288547 / 48 / 49 / 50

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