SIDBI Reviews | Glassdoor

SIDBI Reviews

Updated September 21, 2017
20 reviews

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3.4
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Sushil Muhnot
8 Ratings

20 Employee Reviews

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  1. "Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at SIDBI full-time

    Pros

    Good work exposure. Transparency. Decent Pay.

    Cons

    Paper Work. Responsibility should be distributed evenly


  2. "Think twice before joining this organisation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous
    Current Employee - Anonymous
    Doesn't Recommend

    I have been working at SIDBI full-time (More than 3 years)

    Pros

    1.Salary at par with NABARD and RBI
    2. Head Office postings are relatively stress free

    Cons

    1.Outdated and archaic Practices
    2.Inflated Egos of higher management
    3.Postings depend upon whims and fancies of HR
    4. If you think that branch posting in SIDBI could be any better compared to commercial banks then you are mistaken,it's even worse
    5.Pathetic work culture and pervasive blame game culture.
    6.Join this organisation only if you have no other options.

    Advice to Management

    There is a huge difference in terms of work load and pressure between branches and at HO.The high handedness of HO people for no reason is irksome.
    People who are asked to head the branches have not worked at the lower managerial levels

  3. "good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Intern in Mumbai (India)
    Former Employee - Summer Intern in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at SIDBI full-time

    Pros

    good work-life balance because of fixed woking hours and good fecilities provided by bank
    all facilities available
    Good food

    Cons

    no work progress and less learning as hierarchy structure is there and orthodox HR policies
    no freedom of work
    Typical government culture

    Advice to Management

    HR policies need change and organisational culture should be more open and freedom should be there in work selection.


  4. "Great work life balance"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Lucknow (India)
    Former Employee - Anonymous Employee in Lucknow (India)

    I worked at SIDBI (Less than a year)

    Pros

    stable and corruption free job environment

    Cons

    inflexible in terms of work


  5. "Good place to work but work life balance totally depends on the branch head."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Jaipur, West Bengal (India)
    Current Employee - Assistant Manager in Jaipur, West Bengal (India)
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at SIDBI full-time (Less than a year)

    Pros

    Good compensation.
    Workplace environment better than other banks.
    Offers a lot to learn.

    Cons

    Lot of paperwork.
    Need to show-off your work to get recognition.
    Promotion is tough and through exams and interview.


  6. "Ok"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Approves of CEO

    Pros

    Transparent, young team, Growth phase

    Cons

    No SOP, pressure ,


  7. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New Delhi (India)
    Former Employee - Anonymous Employee in New Delhi (India)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    One of the best places to work. Good staff. The entire atmosphere of working there was awesome. The managers, assistant managers and everyone support you and make you feel like home there. They encourage you and guide you.

    Cons

    No cons as such. Just some minor issues. They don't give much work to interns.

  8. Helpful (1)

    "Amazing perks and allowances"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Pune (India)
    Current Employee - Assistant Manager in Pune (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at SIDBI full-time (Less than a year)

    Pros

    Perks and allowances at par with RBI,and much above industry standards.Work life balance is good and LFC and holiday homes are an added advantage

    Cons

    Made to work in Saturdays although it's a 5 day work job on the paper.

    Advice to Management

    Improve the software used in the systems..they are out of pace with the current standards in commercial banks


  9. Helpful (1)

    "Good place to start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Thane (India)
    Current Employee - Assistant Manager in Thane (India)
    Recommends
    Positive Outlook

    I have been working at SIDBI full-time (Less than a year)

    Pros

    Salary is decent , at par with NABARD
    People working are very intelligent , lot to learn from them , work environment is good
    Quality of work is good at times and monotonous at times
    Exposure is good
    Overall a decent place to kick start ur career

    Cons

    Slow promotional aspects , due to the compactness of the organisation
    Future is unknown
    Branch working hours are not certain , in some branches one is made to work beyond 7 and no extra pay for that too
    Sometimes officers are made to work even on Saturdays and holidays
    No fixed timing
    Clerical Staff strength is very low so officers(read junior officers) are made to do all the clerical staffs
    Salary only at par with nabard but working hours are very different as they have fixed timings and we don't have
    No accommodation in Mumbai for junior officers and lease amount is pretty meagre for a place like Mumbai (13.5k)
    All due to the ignorance of SR mgmt in this regard

    Advice to Management

    Please provide us with proper accommodation in places like Mumbai and Delhi if not atleast increase the lease amount , People can't just work and work happily without basic facilities
    Also please increase the strength of clerical staffs at branch and HO level to reduce the burden of clerical staff from junior officers
    Most importantly please have a fixed timing schedules which will allow one to have decent work life balance
    A happy employee always good for the organisation
    Or else people will keep.on leaving this job for similar or even lower opportunities where they will have these things mentioned above better


  10. Helpful (1)

    "chief general manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)

    I worked at SIDBI full-time (More than 10 years)

    Pros

    job security,independence,skilled co workers,scope for specialisation,good working environment

    Cons

    inadequate financial compensation,long distance of residence from place of work,inadequate staff,etc


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