SIDBI Reviews | Glassdoor

SIDBI Reviews

Updated February 27, 2017
18 reviews

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Full-time Part-time

3.6
Star Star Star Star Star
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Sushil Muhnot
8 Ratings

18 Employee Reviews

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  1. "Manager"

    Star Star Star Star Star
    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. "good"

    Star Star Star Star Star
    • 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.


  3. "Great work life balance"

    Star Star Star Star Star
    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


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  5. "Ok"

    Star Star Star Star Star
    • 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 ,


  6. "Intern"

    Star Star Star Star Star
    • 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.


  7. Helpful (1)

    "Amazing perks and allowances"

    Star Star Star Star Star
    • 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


  8. Helpful (1)

    "Good place to start"

    Star Star Star Star Star
    • 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


  9. Helpful (1)

    "chief general manager"

    Star Star Star Star Star
    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


  10. Helpful (1)

    "Not recommended"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at SIDBI full-time

    Pros

    1.Good perks and salary.
    2.branches are mainly in major cities.

    Cons

    1.Work culture is pathetic.
    2. Very old system and procedure.
    3. Systems are outdated.
    4.Growth is limited.
    5. In spite of being 5 days working,senior will call u on Saturdays also.

    Advice to Management

    Please talk to junior officers also and understand the issues without being prejudiced.


  11. Helpful (1)

    "salary"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    Pros

    Pearls and salary best in industry

    Cons

    Decreasing refinance scopr. No such other.. It is best in industry



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