SIDBI Reviews

3.7

66% would recommend to a friend

(67 total reviews)

Sushil Muhnot

64% approve of CEO

85% positive business outlook

SIDBI has an employee rating of 3.7 out of 5 stars, based on 67 company reviews on Glassdoor which indicates that most employees have a good working experience there. The SIDBI employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

67 reviews
2.0
4 Oct 2013

SIDBI needs to move with time !

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Holiday homes and LFC for managers is a positive in the organisation.

Cons

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 But, they have failed to realize that the softwares/systems used by SIDBI are very outdated.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I would like to say, SIDBI should increase its pace to match up with other pvt sector banks and do something about the outdated softwares that we are using. 4.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.

2.0
20 Mar 2018

full time employee

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Salary and perks & benefits are at par with RBI and NABARD. Job security being govt organisation

Cons

Work culture is pathetic. No growth as promotion are rare thing here Learning stops after sometime as desk rotation rarely happens. work pressure is high No stability in terms of place as transfers are frequent.

3.0
29 Nov 2015
Recommend
CEO approval
Business outlook

Pros

The quality of work is decent A lot to learn - greenfield project finance, working capital, LC, BG etc Salaries and perks are on par with NABARD People are relatively less corrupt

Cons

Work culture is screwed - people in branches are made to work past 8 everyday and they even work on Saturdays and public holidays Office politics No regard for the personal lives of employees No clerical staff so the junior level officers have to do most of the clerical work Promotions are quite slow

Viewing 1 - 3 of 67 Reviews

Glassdoor has 74 SIDBI reviews submitted anonymously by SIDBI employees. Read employee reviews and ratings on Glassdoor to decide if SIDBI is right for you.