IDBI Bank invites applications for post of IT head on contract basis

IDBI Bank has  invited appreciation for the Post of  information technology head from eligible candidates by mind of this month. The post is being offered for a contract period of three years and extendable up to 5 years.  overseeing systems development and others

The overall work experience of the work experience of the candidate should be of  20 years in the field off information technology, of which at list 10 years should be at a senior level, preferably in an IT unit of a bank Or financial institution, IDBI Bank said in a notice.

The candidate will be responsible for the entire IT operations and IT infrastructure of the bank including digitisation of the bank entire gamut of banking operations, identification of security threats overseeing systems development and others.

The minimum age to apply for the post is 45 years and the maximum is 55 years .

The bank said the approximate annual CTC (coast of company ) for the post will be Rs 80 lakh to Rs 1 crore (100 lakh. )

“candidates fulfilling require eligibility criteria may send their application to recruitment @idbi.co.in on or before June 16 , 2022,”IDBI Bank said which aims at providing street vendors loans of up to Rs 10,000 to restart their  business post the COVID – induced lockdown last year.

The center launched the PM street vendors  Aatmanirbhar Nidhi (PM SVANidhi)Public sector banks have sanctioned 95 per cent of the bank total loans under (PM SVANidhi) scheme on June 1 last year.

Public sector Banks at the forefront of #PMSVANidhi! Have sanctioned 23,16,207 loans as on 32/05/2021, which is over 95% of total loans sanctioned under this scheme. Creating # AatmanirbharVendors for an #AatmanNirbharBharat!” Department of financial services under the financial Ministery said in a tweet.

Under the scheme collateral – free working capital loans of up to Rs 10,000 of one year tenure is being provided the scheme aims at finishing approximately 50 , 000 of one year tenure is being provided . The scheme aims at finishing approximately 50 lakh street vendors to resume their businesses. Incentives in the form of interest subsidy (at 7 % per annum) and  cash back (up to 1,200 per annum) are being provide  to promote good repayment behaviour and digital transaction, respectively.

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