IDBI Bank Regional Head Retail Banking salaries in New Delhi

Likes

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.,

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

Likes

...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.

Dislikes

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.

Likes

Job security, Less pressure than other Private players, Compensation is good as per industry average.

Dislikes

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.

Likes

The company adopts latest technology.

Dislikes

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.