Indian Overseas Bank Manager salaries in BFSI, Investments & Trading in Bhubaneswar

Likes

The Indian overseas bank is one of the leading PUBLIC sector Bank. Job security is excellent and carrer growth is average as reservation policy of central govt. Is strictly implemented. Regarding salary it is satisfactory not excellent. Traing and work culture is more than excellent what I felt within my 31 yrs of service. The ovehaul assessment of my previous company Indian Overseas Bank is excellent.

Dislikes

... as I am from general category the promotional prospects were kin competition. The salary structure was better while I jioned, later in last two salary revisions psu bank employees are getting less salary than GOI employees.

Likes

It provides job security, salary is fairly good

Dislikes

Work culture is toxic, No focused targets, The training programs are equally worthless and irrelevant to your profile. Promotions are not that transparent and performance has minimal impact. Transfer policy is not good

Likes

Nothing

Dislikes

...ers who know nothing and have been given the responsibility of managing branch..salary not at par with the growing inflation. Inappropriate people who misuse their power and position..constant threats of transfer.. If you work in iob, then forget that you have any family..work for your ownself only..

Likes

Salary at par and comes on time and some sense of job security.

Dislikes

Arguably one of the worst HR policies in PSBs, Where transfer postings are thoroughly weaponised, every now and then threats for transfer to 'Deep South' is reiterated to employees. No work life balance at all.

Likes

Nothing to like, before joining i thought it will be my best decision but i regret.

Dislikes

... leave were cancelled and converted into Loss of Pay with retrospective effect. The bank ks extremely toxic, doesn’t want staff to grow, extreme level of politics in transfer and salary payments unlike other govt banks where they have transparency in salary payments. The bank is not following the IBA guidelines and suppressing the voice of employee who tries to expose their cunning behaviour. Newly joined POs are not left untouched from this blood boiling frustration, they are treated like Bonded Labours , I request if anyone who has just cleared IBPS to not even think of joining this pathetic bank in the rarest of their dreams, we are stuck here we don’t have any other way to have peace owning to our family responsibilities now. I hope the bank gets private asap so that at least some heed is paid to improve the pathetic condition of the management of Indian Overseas Bank (IOB).