Small Industries Development Bank of India (SIDBI) is a financial institution in India that was established on April 2, 1990, under an Act of Parliament. It operates as a wholly-owned subsidiary of the Industrial Development Bank of India (IDBI) and is headquartered in Lucknow, Uttar Pradesh.
SIDBI's primary objective is to promote, finance, and develop small-scale industries (SSIs) in the country. It plays a crucial role in the growth and development of the small and medium enterprise (SME) sector, which is considered the backbone of the Indian economy. SIDBI focuses on providing financial assistance, including both debt and equity, to MSMEs (Micro, Small, and Medium Enterprises) across various sectors.
The bank offers a range of financial products and services to meet the diverse needs of MSMEs. It provides term loans, working capital assistance, equipment finance, project finance, and various other credit facilities. SIDBI also extends financial support to emerging and innovative startups through its dedicated startup funding program.
SIDBI has established a wide network of regional and branch offices across India to ensure easy accessibility of its services to MSMEs in different regions. It works closely with commercial banks, regional rural banks, and other financial institutions to strengthen the credit delivery system for MSMEs.
Over the years, SIDBI has been instrumental in promoting entrepreneurship, fostering innovation, and driving inclusive economic growth in India. It has played a significant role in empowering small businesses, creating employment opportunities, and enhancing the competitiveness of the MSME sector.
Overall, the Small Industries Development Bank of India (SIDBI) serves as a crucial financial institution dedicated to supporting and nurturing the growth of small-scale industries and MSMEs in India.
Mode of Apply:-
When it comes to the mode of application for various processes, including job applications, the term "offline" typically refers to a method that does not involve using the internet or online platforms. Instead, applicants are required to complete the application process manually, using physical forms or documents.
In the case of applying offline to the Small Industries Development Bank of India (SIDBI), it would mean that interested individuals would have to obtain and submit application forms and supporting documents physically, rather than using an online application portal or email.
It is advisable to visit SIDBI's official website or contact their designated recruitment or application department to obtain accurate and up-to-date information on the offline application process, including the availability of application forms, submission deadlines, and required documentation..
Vacancy Details:-
SIDBI (Small Industries Development Bank of India) occasionally announces job vacancies for various positions. The following are the vacancy details for the position of "Monitoring and Evaluation Experts":
Position: Monitoring and Evaluation Experts
Number of Vacancies: 02
Responsibilities of Monitoring and Evaluation Experts:
1. Design and implement monitoring and evaluation frameworks and systems.
2. Develop performance indicators and data collection methods.
3. Monitor and evaluate the impact and effectiveness of various programs and initiatives undertaken by SIDBI.
4. Analyze data and generate reports to assess the progress and outcomes of projects.
5. Provide recommendations for improvement based on evaluation findings.
6. Collaborate with other departments and stakeholders to ensure effective monitoring and evaluation practices.
7. Stay updated with the latest evaluation methodologies and techniques.
Qualifications and Requirements:
1. Educational Qualification: Candidates should possess a post-graduate degree in a relevant field such as Economics, Finance, Business Administration, or Development Studies. Additional qualifications in Monitoring and Evaluation will be advantageous.
2. Experience: Applicants should have a minimum of [X] years of relevant work experience in monitoring and evaluation, preferably in the development sector or financial institutions. Experience in designing and implementing evaluation frameworks and using evaluation tools and techniques is desirable.
3. Knowledge and Skills:
- Strong analytical and problem-solving skills.
- Proficiency in data analysis and interpretation.
- Excellent written and verbal communication skills.
- Ability to work independently and collaboratively.
- Good project management skills.
- Proficiency in using relevant software and tools for data analysis.
- Knowledge of relevant industry standards and best practices in monitoring and evaluation.
Application Procedure:
Interested candidates can apply for the position of Monitoring and Evaluation Experts at SIDBI by following the below steps:
1. Visit the official SIDBI website or the designated job portal where the vacancy is advertised.
2. Read the job advertisement and ensure that you meet the eligibility criteria and requirements.
3. Prepare your application, including a comprehensive resume and a cover letter highlighting your qualifications and relevant experience.
4. Attach copies of relevant educational certificates and supporting documents.
5. Submit the application through the specified mode, which could be online or offline, as mentioned in the job advertisement.
6. Ensure that the application is submitted within the specified deadline.
Selection Process:
The selection process for the Monitoring and Evaluation Experts position at SIDBI may involve multiple stages, including:
1. Initial screening of applications based on eligibility criteria.
2. Shortlisting of candidates based on their qualifications and experience.
3. Assessment tests, such as a written examination or technical evaluation.
4. Personal interviews to evaluate the candidate's suitability for the role.
5. Reference checks and background verification.
6. Final selection and offer of employment.
Candidates are advised to regularly check the official SIDBI website or the job portal for updates on the selection process and any additional requirements or notifications related to the vacancy.
Education Info:-
Education Info:
According to the given description, job seekers for the mentioned position are required to have completed a Bachelor's Degree in Engineering/Technology with good academic records. Here is some additional information regarding the educational qualifications:
Degree Requirement: Bachelor's Degree in Engineering/Technology
- The candidate should hold a recognized Bachelor's Degree in Engineering or Technology. The specific discipline or specialization required may vary depending on the job requirements and the organization's needs.
- The degree should be obtained from a well-recognized institute or board. The term "well recognized" typically refers to institutions that are accredited or have a reputable standing in the field of education.
Good Academic Records:
- In addition to possessing the required degree, job seekers are expected to have a good academic track record. This implies that they should have achieved satisfactory or commendable grades throughout their academic journey.
- The definition of "good academic records" can vary depending on the employer's criteria. It may include a minimum grade point average (GPA) or specific performance indicators specified by the organization.
The given description provides a general guideline, but for accurate and up-to-date information regarding educational qualifications, it is advisable to refer to the official job advertisement or the organization's website.
Candidates interested in applying for jobs requiring a Bachelor's Degree in Engineering/Technology should ensure that they have the necessary credentials and transcripts to support their application.
Age Limit:-
the age limit for applying candidates should not exceed 45 years. Here are the key details regarding the age requirement:
Maximum Age Limit: The maximum age allowed for candidates applying for the job vacancy is 45 years.
Age Relaxation: It's important to note that age relaxation provisions may be applicable for certain categories, such as reserved category candidates (SC/ST/OBC), ex-servicemen, or persons with disabilities (PWD). The extent and eligibility for age relaxation can vary based on government regulations and specific organizational policies. Candidates falling under these categories are advised to refer to the official job advertisement or the organization's website for details regarding age relaxation criteria.
It's crucial for candidates to fulfill the specified age criteria as of the date mentioned in the job advertisement. In most cases, the reference date is the closing date of the application submission process. Candidates who exceed the maximum age limit mentioned in the advertisement may not be eligible to apply for the position.
Therefore, candidates are advised to refer to the official job advertisement or the organization's website for the most accurate and up-to-date information regarding age limits and any applicable age relaxation provisions.
Actual job advertisements or notifications may have more specific age requirements or exceptions, and it is essential to refer to those for precise and up-to-date details.
Pay Scale:-
The pay scale for the successfully appointed candidates in this recruitment is set at Rs. 1,50,000 - 2,00,000/-. This means that the salary for the selected candidates will fall within this range. The exact salary within this scale will depend on factors such as the candidate's qualifications, experience, and the organization's internal policies.
The lower limit of the pay scale is Rs. 1,50,000, which indicates the minimum salary that a candidate will receive upon appointment. The upper limit of the pay scale is Rs. 2,00,000, which represents the maximum salary that can be earned in this position.
Pay scales can vary across different organizations, job positions, and sectors. It is always advisable to refer to the official recruitment notification or contact the organization directly for accurate and up-to-date information regarding the salary structure.
Postal Address:-
The postal address to send the application is as follows:
General Manager,
Green Climate Finance Vertical,
12th floor, Atmaram House,
Tolstoy Marg,
New Delhi – 110001.
When sending the application to the specified address, it is important to ensure that the envelope is properly addressed with the recipient's designation ("General Manager") and the complete address, including the floor and building name ("12th floor, Atmaram House"). The street name, "Tolstoy Marg," and the city name, "New Delhi," should be clearly mentioned. Additionally, the postal code "110001" should be included to ensure accurate delivery.
Important Date:-
The important date mentioned is the last date for submitting the application form, which is:
Last date to submit application form: 17-07-2023.
This date indicates the deadline by which interested individuals must complete and submit their application forms for the specified opportunity. It is crucial to adhere to this deadline to ensure that the application is considered for further evaluation.
Applicants should make sure to complete all the necessary requirements and compile the required documents within the given time frame. It is advisable to submit the application well before the deadline to avoid any last-minute technical issues or delays in postal delivery.
By noting and adhering to the specified last date, candidates can ensure that their application is considered in the selection process for the opportunity they are applying for.
Official Website :-
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