IDBI Bank
3.6 of 5 98 reviews
www.idbibank.com Mumbai, India 5000+ Employees

IDBI Bank Reviews

Updated Jul 5, 2014
All Employees Current Employees Only

3.6 98 reviews

                             

Not yet rated.

IDBI Bank Chairman & Managing Director M. S. Raghavan

M. S. Raghavan


72% of employees recommend this company to a friend
98 Employee Reviews
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Review Highlights

Pros:
  • "One of the growing public sector bank in our country"
    in 9 reviews
  • "experience is good overall, work life balance maintained"
    in 5 reviews
Cons:
  • "Transfer policy can put you anywhere across the locations of the bank"
    in 8 reviews
  • "Career may be stuck as career path not clear"
    in 3 reviews
  • Show more review highlights

Reviews

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    helpful learning experience

    Intern (Former Employee)
    New York, NY

    ProsVery helpful manager who was always there to answer questions. I had left for another job opportunity but was sure an offer would have come at IDB.

    ConsBit of an older work environment. I was young when i worked there and would have liked to have some more people in my age group.

    Advice to Senior ManagementNot much i could tell the management, my work was done pretty low down on the pay scale so I probably couldn't help.

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    Bureaucratic

    Asstt Manager (Current Employee)

    ProsGood salary (Govt.Owned Bank) , good number of annual leaves , annual increment

    ConsNo work culture, Poor leadership, No interdepartmental support ,

    Advice to Senior ManagementNeed some political analysis , the products and services are good, salary is excellent, good work-life balance but you compromise with low performance. Take away few political people and IDBI will go places.

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    Great learning curve

    Anonymous Employee (Former Employee)
    Mumbai (India)

    ProsMentor Guidance, Good Library Resources

    ConsOutdated Processes, Lack of clear career path

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Great Working environment and good salary !!!

    Assistant Manager (Former Employee)
    Surat (India)

    ProsThe bank offers a great working environment. Salaries are also higher than its other private counterparts.

    ConsIts a young generation bank... It doesn't have proper policies laid down which at times confuses both employees and customers.

    Advice to Senior ManagementA well structured training needs to be introduced and implemented.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Good Learning Ground

    Assistant Manager (Current Employee)
    Mumbai (India)

    ProsGood Learning, Good work Culture, no stress

    Conslow paying, very slow growth

    Advice to Senior ManagementChange your HR policies to youth oriented, else there will be huge attrition.

    Yes, I would recommend this company to a friend

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    Improper Policies

    Assistant Manager (Former Employee)
    Ahmedabad (India)

    ProsProvides good job security and good pay

    Cons- Slow Promotions
    - The worst affected employees are in retail banking who are under constant sales pressure through out the year.. with little or almost no appreciation for their other contribution to branch, and under constant fear of being transferred to some rural branch if not performed well in sales.

    Advice to Senior ManagementStreamline the process so that operations and sales have equal importance in retail banking and employees performing well in either department are appreciated and taken note off.

    Yes, I would recommend this company to a friend

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    Secure and comfortable, good working envirnment

    Anonymous Employee (Current Employee)

    Prosjob security and benefits, compensation is fairly competitive

    Consslow career progression, further scope for people strategy

    Advice to Senior Managementperformance linked pay and preferred location of posting and faster career growth opportunities will go a long way inspiring long term work relationship

    No, I would not recommend this company to a friend

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    Good working Place for Freshers

    Manager (Current Employee)
    Mumbai (India)

    ProsVery Good Paymaster in PSU Bank segment
    Very good learning platform for corporate lending
    High Job security
    Young Generation Bank

    ConsConstantly Changing Leadership doesn't allow growth of a stable culture
    Continuous change in organizational structure contributes to lack of focus
    Promotion policies are not very good
    Transfer policy doesn't give friendly environment to women employees to work

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Great Experience as an Intern

    Credit Appraisal (Former Employee)
    Nāgpur, Maharashtra (India)

    ProsGood Learning Opportunities, Friendly Employees, Lots of fun

    ConsNothing as of now, everything is good.

    Advice to Senior ManagementGreat Management

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    nice bank

    Anonymous Employee (Current Employee)

    Prosgood learning opportunity,good money offered

    Consless chances of home posting

    Advice to Senior Managementhr should be improved

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at IDBI Bank reviews and ratings — including employee satisfaction and approval rating for IDBI Bank CEO M. S. Raghavan . All 98 reviews posted anonymously by IDBI Bank employees.