On January 21, 2019, Life Insurance Corporation of India (LIC) has completed acquisition of 51% stake in IDBI Bank, effectively making it the majority shareholder of the Bank. The Bank is focusing on multifold retail business growth comprising of diversified product mix and Third Party Products (TPDs) aimed at being “Bank of the future”. The increase in business and retail focus provides opportunity and generates a need to redesign and re-align the organizational strategies of the Bank. The Bank has autonomy to respond quickly and comprehensively to the market dynamics providing immense opportunities to work with.
Applicants are advised to submit the application form hosted on the Bank’s website at www.idbi.com latest by May 2, 2019 after carefully going through all the instructions given in the advertisement.