Important Dates
|
Particulars |
Date |
|
SIDBI Grade A Online Application Begins |
November 08, 2024 |
|
Last date to apply online for SIDBI Grade A |
December 02, 2024 |
|
Tentative Date of Online examination (Phase I) |
December 22, 2024 |
|
Tentative Date of Online examination (Phase II) |
January 19, 2025 |
|
Tentative schedule of Interview |
February 2025 |
Number of Vacancies
|
Post / s |
Minimum Age |
Maximum Age (as on 08.11.2024) |
Total Vacancies |
|
Assistant Manager (Grade A) |
21 |
30 |
50 |
|
Assistant Manager (Grade B) |
25 |
33 |
22 |
- Not below 21 years and not exceeding 30 years.
- (Candidates born not earlier than 08.11.1994 and not later than 09.11.2003 [both days including] are only eligible to apply)
- Not below 25 years and not exceeding 33 years.
- (Candidates born not earlier than 08.11.1991 and not later than 09.11.1999 [both days including] are only eligible to apply)
Relaxation in Age Limit
|
Category |
Age Relaxation |
|
SC/ST |
5 years |
|
Other Backward Classes(OBC), Non-Creamy layer (OBC-NCL) |
3 years |
|
PwBD [Unreserved/EWS] Persons With Benchmark Disability as defined under “The Rights of Persons with Disabilities Act, 2016”. |
10 years |
|
PwBD [OBC candidates] [cumulative with OBC relaxation] |
13 years |
|
PwBD [SC / ST candidates] [cumulative with SC/ST relaxation] |
15 years |
|
Ex-servicemen candidates (as per the provisions of Ex-Servicemen (Re - employment in Central Civil Services and Posts) Amendment Rules, 2012) Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment |
5 years |
|
Persons affected by 1984 riots |
5 years |
Qualification (As on 02.12.2024)
|
Posts |
Qualifications |
|
General Assistant Manager (Grade A) |
Note: At Graduation Level, candidates having taken any such course from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is taken after Class XII and is at least having 3 years’ duration, will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
At Post-Graduation Level/ master’s degree, candidates having taken any such course from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is taken after Graduation and is at least having 2 years’ duration will be eligible for admission to the examination. Note: The Candidates appearing in the final year are also eligible to apply, provided they shall be required to submit the final marksheet and provisional / final post-graduation degree certificate, in original at the time of joining (if selected). At Post-Graduation Level/ master’s degree, candidates having takenany such course from a University/ Institution, recognized by theUniversity Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is taken after Graduation and is at least having 2 years’ duration will be eligible for admission to the examination. Note: The Candidates appearing in the final year are also eligible to apply, provided they shall be required to submit the final marksheet and provisional / final post-graduation degree certificate, in original at the time of joining (if selected). |
|
Manager (Grade B) |
Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) OR Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years. Note: At Graduation Level, candidates having taken any such course from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is taken after Class XII and is at least having 3 years’ duration, will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above. At Post-Graduation Level/ master’s degree, candidates having taken any such course from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is take after Graduation and is at least having 2 years’ duration will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above. |
|
Manager Grade ‘B’ (Legal) |
Essential: Bachelor’s degree in law from any University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with a minimum of 50% (45% for SC/ST and PwBD candidates, if vacancies are reserved for them) marks or equivalent in the aggregate of all semesters/years and enrolled as an advocate with the Bar Council of India. Desirable: a. The candidates who possess Master’s Degree in Law / Company Secretary (CS) Qualified will be preferred. b. Proficiency in computer applications. |
Experience (As on 02.12.2024)
|
Posts |
Experience |
|
General Assistant Manager (Grade A) |
Essential:
a) All India Financial Institutions - Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI. OR b) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934 OR c) NBFCs registered with RBI Note: - Candidates who have combined experience (as at Sl no. (a), (b), and (c) above) of two years are eligible to apply. OR
|
|
Project management (viz. administration and implementation of projects/ Schemes of national importance) with consultancy firms of national stature having experience of consulting & project management in similar line for more than 10 years and should have specific experience of consulting/ Project management Government project implementation / Govt. Project management / Digital project related to lending /Consultancy for Govt. Projects. NOTE - Minimum post qualification work experience criteria are not required, for candidates having educational qualification as indicated at Sr No. (iii) & (iv). |
|
|
General Manager Grade ‘B’ |
Essential: At least Five years’ experience as an officer (permanent) in: a) Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI). OR b) All India Financial Institutions - Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI. OR c) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934 d) NBFCs registered with RBI NOTE Candidates having combined experience (as at Sl no. (a), (b), (c) and (d) above) of Five years are eligible to apply. Desirable: - Preferably passed JAIIB & CAIIB examination conducted by Indian Institute of Banking & Finance (IIBF |
|
Manager Grade ‘B’ Legal |
Essential: At least Five years’ work experience, post bachelor’s degree in law, as a Law Officer [permanent / on full time direct contract (not outsourced)] in the Legal Department of: a) Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) OR b) Any All-India Financial Institution like - Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI. b) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934.OR c) Central Public Sector Enterprises (CPSEs)OR d) NBFCs registered with RBI Note: - Candidates who have combined experience (as at Sl no. (a), (b),(c), (d) and (e) above) of five years are eligible to apply. Desirable: Special knowledge of Banking Law, Company Law, Labour Law, Constitutional Law, Recovery, Insolvency & Bankruptcy Laws, Property and Revenue matters etc. and experience in drafting of pleadings and documents. |
Job Profile
|
Post |
Job Profile |
|
Assistant Manager (Grade A) |
The Officers are expected to contribute proactively in following broad areas of operations of the Bank
|
|
Manager Grade ‘B’ (General Stream) |
In addition to the responsibilities of Assistant Manager Grade ‘A’, the Officers are expected to contribute proactively in following broad areas of operations of the Bank-
|
|
Manager Grade ‘B’ (Legal Stream) |
The officers should have capacity to independently handle all the legal work of the Bank including but not limiting to;
|
SIDBI Grade A Salary
- Assistant Manager Grade ‘A’ - General Stream [`44500 - 2500(4) - 54500 - 2850(7) – 74450 -EB - 2850(4) – 85850 - 3300(1) - 89150 (17 years)] `1,00,000/ - approx.
- Manager Grade ‘B’ – General and Specialist Stream [`55200 - 2850 (9) – 80850 – EB - 2850 (2) – 86550 - 3300 (4) - 99750 (16 years) `1,15,000/- approx.
Probation Period
- Probation and posting / transfer - The selected candidates would be on probation for a period of 2 years which is extendable upto maximum 4 years at the discretion of SIDBI. The selected candidates will be liable to be posted / transferred at discretion of SIDBI to various offices / verticals / associates / subsidiaries of SIDBI from time to time and on such terms and conditions as may be decided by SIDBI.
Selection Procedure
- The selection procedure would include a three-stage process i.e. Phase I (on-line screening examination consisting of one paper comprising seven (7) sections of total 200 marks), Phase II (on-line examination consisting of two papers of total 200 marks) and Phase III [Interview of 100 marks, which shall include 25% marks for notable achievement in extracurricular activities (District/ State/ National Level), awards/ recognition in service etc. subject to the submission of documentary evidence].
- Candidates who qualify Phase I examination based on the minimum cut -off marks decidedby SIDBI, would be called for Phase II examination. Candidates who qualify Phase II examination based on the minimum cut-off marks decided by SIDBI, would be called for interview.
- The Bank shall conduct online Psychometric Test or any other suitable test through third party agency to assess the personality, level of communication, clarity & problem-solving innovativeness, level of efficiency, willingness to work in any part of the country, suitability for the post, etc. of the shortlisted candidates after Phase II exam. The finding of the test may be placed before the interview panel for having a thorough perspective on the candidates. After completion of Psychometric Test, the candidates shall be called to appear for Personal Interview, which will take place in SIDBI Office(s).
- The final selection and ranking of the applicants for the post of Assistant Manager in Grade ‘A’ (General Stream) and Manager in Grade ‘B’ (General & Specialist Stream) will be based on their performance in the Phase-II Examination and Interview. The pattern of written examination and syllabus will be as under:
Online Examination Pattern
Phase-I exam (For All Stream/ Grades) Objective type
Sr. No | Name of section | No. of questions | Maximum Marks | Time allotted |
1 | English Language | 30 | 30 | 120 minutes |
2 | Reasoning Aptitude | 25 | 25 | |
3 | Quantitative Aptitude | 25 | 25 | |
4 | Computer Knowledge | 20 | 20 | |
5 | General Awareness (With special reference to Banking and Financial Sector and Economic and Social Issues) | 20 | 20 | |
6 | MSMEs: Policy, Regulatory and Legal Framework; Finance and Management (with focus on MSME). | 30 | 30 | |
7 | Stream Specific Test ## | 50 | 50 | |
Total | 200 | 200 |
- Qualifying Section - English Language, Reasoning Aptitude, Quantitative Aptitude, Computer Knowledge.
- Merit Section - General Awareness (With special reference to Banking and Financial Sector and Economic and Social Issues), MSMEs: Policy, Regulatory and Legal Framework; Finance and Management (with focus on MSME) and Stream Specific Test.
- Shortlisting of the candidates for the Phase II exam will be based on marks scored in the Merit section only.
- The level of difficulty of questions in Grade ‘A’ and Grade ‘B’ may vary.
Phase II exam for Assistant Manager Grade ‘A’ (General Stream) and Manager Grade ‘B’ (General Stream)
Paper | Name of the Test | Type of Paper | No. of Questions | Maxi-mum Marks | Time allotted |
Paper I | English Language Essay, Précis writing, Comprehension and Business/Office Correspondence. The paper on English shall be framed in a manner to assess the writing skills including expressions and understanding the topic. Note: The above syllabus is only indicative and not exhaustive. | Online Descriptive - Answers to be typed using keyboard | 3 | 75 | 75 minutes |
Paper II | MSMEs: Policy, Regulatory and Legal Framework; Finance and Management (with focus on MSME), MSME financing (Due Diligence/ KYC, Financial ratios, Assessment of Term Loan / Working Capital, Documentary credit etc.), NPA and recovery including IRAC norms, NBFC Financing, Credit risk assessment etc. Questions related to Investment Banking, Merchant Banking, Equity, Alternative Investment Funds (AIFs), Asset Reconstruction Companies (ARCs), Promotion and development of MSMEs in India. Note: The above syllabus is only indicative and not exhaustive. | Online Descriptive - Answers to be typed using keyboard | 50# | 75 | 60 minutes |
Online Descriptive - Answers to be typed using keyboard either in English or Hindi (Remington and Inscript keyboards) | 10 questions will be asked, of which candidates will be required to attempt 4 questions [2 of 15 marks each (with difficulty level) and 2 of 10 marks each] | 50 | 75 minutes |
Phase II exam for Manager Grade ‘B’ (Legal)
|
Paper |
Name of the Test |
Type of Paper |
No. of Questions |
Maxi-mum Marks |
Time allotted |
|
Paper I |
English Language Essay, Précis writing, Comprehension and Business/Office Correspondence. The paper on English shall be framed in a manner to assess the writing skills including expressions and understanding the topic. Note: The above syllabus is only indicative and not exhaustive. |
Online Descriptive |
3 |
75 |
75 minutes |
|
Paper II |
General Knowledge of Law: Constitutional Law, Administrative Law, Principles of Statutory Interpretation, Contract Act, 1872, Transfer of Property Act,1882, Negotiable Instruments Act, 1881, Registration Act, 1908, Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, Bharatiya Sakshya Adhiniyam, Legal Drafting, RDB Act, 1993, SARFAESI, 2002, RTI Act 2005, Limitation Act, 1963, IBC 2013 etc. Note: The above syllabus is only indicative and not exhaustive. |
Online Objective (Bilingual i.e., Hindi and English) |
50# |
75 |
60 minutes |
|
Online Descriptive: Answers to be typed using keyboard either in English or Hindi (Remington and Inscript keyboards) |
6 questions will be asked, of Which candidates will be required to attempt 4 questions [2 of 15 marks each (with difficulty level) and 2 of 10 marks each] |
50 |
75 minutes |
# Some questions carry 2 marks each and some questions carry 1 mark each
- All tests (except test of English Language & English Descriptive test) will be provided in both English and Hindi.
- All the objective questions will have multiple choices. Out of the five answers, to a question only one will be the correct answer. For objective type of tests, there will be penalty for wrong answers marked by the candidates. For every wrong answer marked by a candidate, 1/4 of the marks assigned to that question will be deducted as penalty.
- Note: Cutoffs may be applied in two stages:
- On scores in individual tests
- On Total Score (Separately for qualification/ merit)
- The cut-off for the online test in phase I (sectional and total) and in phase-II (total) would be stipulated based on the Mean / Standard Deviation/ Group Norms of the marks scored by the candidates.
- The various qualifying cut off marks in each of the objective tests, total objective test and the Descriptive Test will be decided by SIDBI. Questions of Online Descriptive Test will be displayed on the screen of your computer. Answers are to be typed using the keyboard. Before start of typing answers to questions in Online Descriptive Test please check all key functions of the keyboard.
- Since the vacancies are earmarked Grade/stream-wise, merit list of candidates for each stage will be prepared Grade/stream-wise.
- Candidates are required to obtain a minimum score in each test /section and also a minimum total score in the Phase II exam to be shortlisted for Psychometric Assessment/ Interview. Candidates will be shortlisted for Interview depending on the number of vacancies, cut-off in each test and total marks secured in the Phase II exam as decided by the Bank. Prior to the completion of the interview process, scores obtained in the online examination will not be shared with the candidates shortlisted for interview.
- The calling Ratio to qualify for the Phase-II examination would be a maximum of 1:25. The ratio may be suitably reduced at the discretion of the bank. Candidates who qualify and rank sufficiently high as decided by SIDBI, shall be called for appearing at the Phase-II Examination and Interview. There will be penalty for wrong answers marked by the candidate.
- In the objective part of the online examination for every wrong answer marked, 1/4th of the marks assigned to that question will be deducted as penalty in Phase-I and Phase-II, both.
- Only such candidates who score the minimum cut off marks or above in the Phase-II examination will be shortlisted for interview.
Syllabus
English Language
- Reading Comprehension
- Cloze Test
- Error Spotting
- Double Fillers
- Sentence Rearrangement
- Vocabulary Based Questions
Reasoning
- Machine Input Out
- Puzzles
- Seating Arrangement
- Order and Ranking
- Inequalities
- Statement and Assumptions
- Statement and Conclusion
- Coding-Decoding
- Cause and Effect
- Statement and Argument
- Venn Diagram/Syllogism
- Blood Relation
- Direction and Distance
Quantitative Aptitude
- Data Interpretation
- Data Sufficiency
- Number Series
- Time and Work
- Time and Distance
- Approximation
- Simple and Compound Interest
- Ratio and Proportion
- Averages
- Mixture and Allegation
- Pipes and Cisterns
- Problems based on trains
- Percentages
- Partnership
- Profit, Loss and Discount
- Elements of Algebra
- Quadratic Equations
Computer Knowledge
- Hardware and Software
- Operating System Basics
- Internet Terms and Services
- MS-Office (MS-Word, MS-Excel, MS-PowerPoint)
- History of Computers
- Networking and Communication
- Database
- Security Tools and Viruses
Banking Present Economic Scenario General Awareness
- Banking Reforms
- Regulatory Bodies in India- NABARD, SEBI etc.
- International Banking
- Latest circulars of RBI and SEBI
- Latest Updates in Financial & Capital Markets
- Financial Terms
- Banking Terms
- Latest Acts related to Banking
- Priority Sector Lending
- NPA - latest news
- SARFAESI Act
- RBI Monetary Policy
- Capital & Money Market Instrument
- Commercial Banks, NBFCs, HFC - Latest news
- Mergers and Acquisitions in Banking Companies
- Credit Rating and Agencies
- Payment Options- NEFT, RTGS, Bharat Bill payment etc.
- Complete List of Obituaries
- Recently Appointed Brand Ambassadors List
- Monthly GK Digests
- Ministry of Cabinet Ministers
- Renamed Govt. Schemes, Cities, Airports & Railway Stations
- Indian Financial System
- Financial market instruments
- International reports and indices
- Important committees
- Foreign investment and trade
- Growth numbers by various organization
- Union budget
- Latest mergers and MOUs of banks and financial institutions
- Heads of various financial organizations
- Mutual Funds
- Basel Norms
- Regulatory organizations: SEBI/NABARD/RBI
- Joint Military Exercises of India
- List of Summits and Conferences
- India's Rankings in Different Indices
- List of Appointments
- List of Important Days With Themes
- List of MoUs signed by India
- Upcoming Sports Event From
- List of Sports Events & Winners
- Awards and Honors
MSMEs
- MSMEs: Policy, Regulatory and Legal
- Framework; Finance and
- Management (with focus on MSME).
Stream Specific Test General (Grade‘A’ and ‘B’)
MSME financing (Due Diligence/ KYC, Financial ratios, Assessment of Term Loan / Working Capital, Documentary credit etc.), NPA and recovery including IRAC norms, NBFC Financing, Credit risk assessment etc.Stream Specific Test (Legal)
General Knowledge of Law:- Constitutional Law
- Administrative Law
- Principles of Statutory Interpretation
- Contract Act, 1872
- Transfer of Property Act,1882
- Negotiable Instruments Act, 1881
- Registration Act,1908
- Bharatiya Nyaya Sanhita
- Bharatiya Nagarik Suraksha Sanhita Bharatiya Sakshya Adhiniyam
- Legal Drafting, RDB Act, 1993
- SARFAESI, 2002
- RTI Act 2005
- Limitation Act, 1963
- IBC 2013 etc.
SIDBI Grade A & B Course by Team BankExamsToday
Course features
- Daily video classes
- Study Material
- Live sessions
- Unit tests
- Special attention to General Awareness section from Day 1
- 5 full-length mock tests
- Interview preparation guide
