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Last Updated:
11 Mar 2023
Chief General Manager salary at IDBI Bank ranges between ₹31.5
Lakhs
to ₹40.2
Lakhs
per year for employees with 31 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of IDBI Bank.
Salary & employees monetary benefits due to IBA membership
Dislikes
Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,
...s there are less branches in rural regions, posting location can be near cities. Salary is best as compared to other public sector banks. Overall a great bank to work in.
Lot of pressure specially of selling insurance and mutual fund which make environment difficult to work. Lot of pressure of selling other products also. Late sitting quite evident in IDBI.Review meetings and daily reporting is very common here. If you can handle the pressure, then Idbi is good for you.
IDBI was a PSU when I joined, now afterstake sale to LIC the bank has become private. Bank is suffering due to Big NPA accounts and Promotion opportunities are very scarce.
Compensation is terrible here. Wage revision is pending for the last 5 years. No defined career progression.
Appreciation for good work is not coming. Concentration of work to certain sections of employees.
Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .
IDBI Bank Chief General Manager salary in
Pune
ranges between ₹31.5
Lakhs to ₹40.2
Lakhs. This is an estimate based on
latest salaries received from employees of IDBI Bank.