IDBI Bank Recruitment 2013. IDBI Bank to recruit 2,000 people next financial year 2013-14.
Industrial Development Bank of India Limited (IDBI Bank) plans to open about 150 branches and add about 2,000 employees in fiscal 2013-14. Of the 2,000 recruits, 500 would be for replacement and attrition while 1,500 would be for staffing its new branches.
“We have an advantage of being a young organisation with very few about to retire,” said R. K. Bansal, Executive Director, IDBI Bank.
The average age of IDBI Bank’s employees is 30 years, which, he said, was lower than its peer set.
An attrition rate of 5-6 per cent for a PSU bank such as IDBI is definitely on the higher side, he said, but pointed out that a significant number of its employees were on contract.