SIDBI needs to move with time ! - Anonymous employee SIDBI Employee Review

There are many cons: 1. The top management wants that SIDBI employees should start working hard and compete with the pvt sector banks/FIs. But, they have failed to realize that the softwares/systems used by SIDBI are very outdated. SIDBI's top management keeps on asking for unnecessary data, which wastes a lot of time. 2. SIDBI has to change a lot of things - but they are still in 1990's. TOP management doesnt bother about how difficult it is for the employees at the branches. 3. In the end, I would like to say, SIDBI should increase its pace to match up with other pvt sector banks and do something about the outdated softwares that we are using. 4. Promotion is a big deal in this organisation. It takes 4 years to be eligible and then a long process to get through. 5. As per the terms of employment it is a 5 day working organisation. But we are asked to work till 730 pm everyday and saturday we have to work.