SIDBI Bank hiring for Deputy Managing Director
Company :
Website :
Job Role :
Deputy Managing Director
Eligibility :
Post Graduate
Experience :
Job Location :
New Delhi
Last Date :
27 June 2019

Company Profile:

Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.

Education Qualifications:

Candidate should have a post graduate University Degree preferably in Economics, Commerce, Business Administration or Finance or a Graduate degree with professional qualification of Chartered Accountancy, Cost Accountancy, Chartered Financial Analyst or equivalent.
Any additional qualification with specialization in the field of SME sector will be considered desirable.


Minimum 18 years of experience as on the last date of receipt of applications in different verticals/domains in Scheduled Commercial Banks (SCBs)/ Financial Institutions (Fp/Public Sector Organisations in Financial Sector including 2 years of operational experience preferably in Credit Appraisal/Micro Credit/SME Lending.
Of these 18 years, at least 2 years of experience should be at the highest level below the Board level. (The position as specified above should have been held on substantive basis).


Experience of institutional development in the financial, banking and services sector.
Proven management, leadership and innovative skills to building an inspired team.
Adequate knowledge and experience in Re-finance, Corporate Finance, Treasury Operations, Resource Mobilization, Risk Management, Information Technology etc.
Excellent communication skills.

Salary & Allowance:

The post of DMD, SIDBI carries the payscale of Rs.176, 800 - 224000 - [Level 14 A] plus all usual allowances and perquisites as allowed to Whole Time Directors of Public Sector Banks / Financial Institutions.

Age Limit:

55 years.

How to Apply:

Applications along with the above documents should be forwarded through proper channel to Smt. Neha Chauhan, Deputy Director (IF-II), Department of Financial Services, Ministry of Finance, 3rd Floor, Jeevan Deep Building, Parliament Street, New Delhi - 110001 (email: latest by 27th June, 2019. Applicants may send an advance copy to the above address.