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SIDBI Recruitment 2017 – Managing Director & Chief Executive Officer (CEO) Vacancy

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  • Company Name: Small Industries Development Bank of India
  • Experience: Experienced
  • Job Location:
  • Eligibility:
  • Last Date: 16 November, 2017

Job Info : Small Industries Development Bank of India (SIDBI) invites Application for the post of Managing Director & Chief Executive Officer (CEO) on contract basis for ISARC. Apply before 16 November 2017. Qualification/eligibility conditions, how to apply & other rules are given below…

Company Name : Small Industries Development Bank of India

Designation : Managing Director & Chief Executive Officer (CEO)

Qualification : Graduate degree in any discipline and experience Over 20 years in banking and finance.

Total No Of Posts : Multiple

Location : Mumbai (Maharashtra)

Experience : Experienced

Pay Scale : Rs. 45.00/- ( Lakh per month)

Age Limit : Maximum age limit is 55 years As on 30.09.2017

Selection Process : Selection will be based on Personal Interview.

Application Fee : There is no application fee.

How to Apply SIDBI Vacancy : Interested Candidates may apply in prescribed application form along with detailed CV together with present and expected remuneration on Cost To Company basis send to The General Manager, Associate Institution Cell, Small Industries Development Bank of India, 4th Floor, MSME Development Centre, Plot No. C-11, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051 on or before 16.11.2017.

Important Dates to Remember :

Last Date For Submission of Application form : 16.11.2017

Important Links :

Detail Advertisement & Application form Link

Company Profile

Small Industries Development Bank of India

Small Industries Development Bank of India, is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India. Set up on April 2, 1990 through an act of parliament, it was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India. Currently the ownership is held by 34 Government of India owned / controlled institutions.[1] Beginning as a refinancing agency to banks and state level financial institutions for their credit to small industries, it has expanded its activities, including direct credit to the SME through 100 branches in all major industrial clusters in India.[citation needed] Besides, it has been playing the development role in several ways such as support to micro-finance institutions for capacity building and onlending. Recently it has opened seven branches christened as Micro Finance branches, aimed especially at dispensing loans up to ₹5 lakh.[citation needed].On 28 August 2017, Mohammad Mustafa became the new Chairman and Managing Director of SIDBI

It 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.

SIDBI has also floated several other entities for related activities. Credit Guarantee Fund Trust for Micro and Small Enterprises provides guarantees to banks for collateral-free loans extended to SME. SIDBI Venture Capital Ltd. is a venture capital company focussed at SME. SME Rating Agency of India Ltd. (SMERA – ) provides composite ratings to SME. Another entity founded by SIDBI is ISARC – India SME Asset Reconstruction Company in 2009, as specialized entities for NPA resolution for SME.

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