IDBI Bank Recruitment 2025 : Jobs for 676 Junior Assistant Manager Posts

IDBI Bank Limited has officially released a recruitment notification for 676 Junior Assistant Manager (JAM) Grade ‘O’ posts across its branches in India. Interested and eligible candidates can apply online from May 8, 2025. The recruitment drive offers a great opportunity for young graduates seeking a career in the banking sector.

Eligibility Criteria for IDBI JAM Recruitment 2025

Educational Qualification

Candidates must have completed a graduate degree with at least 60% marks from a recognized university. For candidates belonging to SC, ST, and PwBD categories, a minimum of 55% marks is acceptable. Additionally, basic computer knowledge is required for all applicants.

Age Limit

Applicants must be between 20 and 25 years as of May 1, 2025. Candidates should be born between May 2, 2000, and May 1, 2005 (both dates inclusive). Age relaxation is applicable for reserved categories as per government norms.

Application Process and Fee Details

Eligible candidates can submit their applications online through the official IDBI Bank website until May 20, 2025. The application fee is as follows:

• General/OBC/EWS: Rs.1050
• SC/ST/PwBD: Rs.250

Selection Process for Junior Assistant Manager Posts

The selection process includes the following stages:

• Online Written Examination
• Interview
• Medical Test

Final selection will be based on performance in the above stages.

IDBI JAM 2025 Exam Pattern

The online written exam will consist of 200 multiple-choice questions carrying a total of 200 marks and will be conducted for a duration of 120 minutes. The exam pattern is as follows:

Note: There will be a negative marking of 0.25 marks for every incorrect answer.

Section	No. of Questions	Marks
Reasoning	60	60
English Language	40	40
Quantitative Aptitude	40	40
General Awareness	60	60
Total	200	200

Download PDF of Notification

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RBI imposed Penalty on 4 Major Banks

 

Four major banks, Bank of Baroda, IDBI Bank, Bank of Maharashtra, and ICICI Bank, have recently been hit with financial fines by the Reserve Bank of India (RBI) for noncompliance with key regulatory requirements. Following RBI examinations of the banks' operational and financial operations for the fiscal years 2023 and 2024, these fines were imposed. These fines are intended to improve adherence to banking regulations and guarantee that banks conduct themselves in an open and accountable manner. The RBI underlined, however, that these measures are only connected to regulatory matters and have no bearing on the legality of agreements or transactions between banks and their clients.

Bank of Baroda(BoB)

For failing to observe RBI guidelines regarding customer service and deposit interest rates, Bank of Baroda was fined Rs.61.40 lakh. In violation of the regulations, the bank permitted an insurance company to provide non-cash incentives to its employees. Additionally, some frozen or dormant savings accounts did not get timely interest credits. 

IDBI Bank 

In 2023, these problems were discovered during an RBI examination. Following a personal hearing and an assessment of the bank's response, the RBI chose to issue the penalty after the bank was requested to explain its actions.

For violating the RBI's guidelines under the Interest Subvention Scheme, which offers farmers interest relief on short-term loans made through the Kisan Credit Card (KCC), IDBI Bank was fined Rs.31.80 lakh.

Bank of Maharashtra 

BoM received a fine of Rs.31.80 lakh for failing to fully comply with Know Your Customer (KYC) rules. The bank opened several deposit accounts using Aadhaar-based e-KYC through OTP, in a non-face-to-face manner, but did not meet all the regulatory requirements for such processes. This was identified during the RBI’s evaluation for the financial year ending March 31, 2024. The bank’s explanations and submissions were reviewed, and the penalty was imposed for deficiencies in following the KYC norms.

ICICI Bank 

ICICI Bank faced the highest penalty of Rs.97.80 lakh. The bank failed to report a cyber security incident to the RBI within the required time, did not implement an effective system for alerting suspicious account activity, and also failed to send credit card statements to certain customers—yet charged them late payment fees. These failures were considered serious breaches of customer service and operational transparency. After a detailed inspection and review of the bank’s responses, the RBI imposed the penalty.These penalties are aimed at reinforcing the importance of following regulatory standards. RBI emphasized that these fines are not judgments on the legal validity of customer transactions or contracts, but are strictly based on gaps in compliance. Penalties have been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949.

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IDBI Bank Q4 Net Profit Up 26%

On Monday, IDBI Bank announced its financial results for the quarter and year ended March 31, 2025. The bank's Q4 2025 net profit increased by 26% to Rs 2,051 crore from Q4 2024's net profit of Rs 1,628 crore. In Q4 2025, IDBI Bank reported net interest income of Rs 3,290 crore, up from Rs 3,688 crore in Q4 2024. The bank's Return on Assets (ROA) climbed from 1.82% in Q4 2024 to 2.11% in Q4 2025, a 29 basis point rise. The cost of funds for IDBI Bank was 4.97% in Q4 2025 as opposed to 4.74% in Q4 2024, and the cost of deposits was 4.83% in Q4 2025 as opposed to 4.48% in Q4 2024.

According to IDBI Bank's FY25 report, its operating profit increased by 16% year over year to Rs 11,079 crore, while its net profit hit an all-time high of Rs 7,515 crore, with YoY growth of 33%. The bank's overall revenue in FY25 exceeded Rs 5 trillion. With a YoY gain of 33 basis points, Return on Equity (ROE) was at 20.15%, and Return on Assets (ROA) was at 1.98%.

While CASA climbed to Rs 1,44,479 crore and the CASA ratio was 46.56% as of March 31, 2025, IDBI Bank said that its total deposits had grown to Rs 3,10,294 crore as of March 31, 2025, from Rs 2,77,657 crore on March 31, 2024. The overall CASA and CASA ratio were at Rs 1,40,027 crore and 50.43%, respectively, as of March 31, 2024.

According to IDBI Bank, net advances climbed by 16% YoY to Rs 2,18,399 crore as of March 31, 2025, from Rs 1,88,621 as of the same period in 2024. The bank's net non-performing asset (NPA) ratio surged to 0.15% from 0.34% on March 31, 2024, while its gross non-performing asset (NPA) ratio improved to 2.98% from 4.53% on March 31, 2025. These improvements indicate a sound asset base. As of March 31, 2025, the bank's Provision Coverage Ratio (including Technical Write-Offs) increased from 99.09% on March 31, 2024, to 99.48%.

"We would like to inform that the Board of Directors have recommended a Dividend of Rs. 2.10 per Equity Share of face value of Rs. 10/- each of the Bank for the financial year ended March 31, 2025. The dividend on equity shares, will be paid/dispatched on or after the same is approved by the shareholders at the ensuing Annual General Meeting (AGM) of the Bank," said IDBI Bank in a stock exchange filing.

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IDBI Bank Q3 Profit jumps 31% YoY; net NPA drops

 

On Monday, January 20, IDBI Bank announced a Rs.1,908.27 crore standalone net profit for the current fiscal year's December quarter (Q3FY25). Compared to a profit of Rs.1,458.18 crore made in the same quarter previous year, the profit number was almost 31% higher. The lender's profit increased by over 4 percent on a quarter-over-quarter (QoQ) basis. The company made Rs.1,836.45 crore in Q3FY25.

In comparison to Rs.7,514.27 crore year-over-year (YoY) and Rs.8,754.54 crore quarter-over-quarter (QoQ), the company's total income for the reviewed quarter was Rs.8,564.92 crore.

Profit before provisions and contingencies, or operating profit, increased 20.43 percent year over year to Rs.2,801.92 crore from Rs.2,326.55 crore in the same quarter of the previous year. On the other hand, operating profit decreased 6.8% on a QoQ basis.

Also Read - Quarterly Results of all banks for Q3FY25

It was Rs.3,006.33 crore in the final quarter of FY25. From Q3FY24's Rs.319.85 crore to Q3FY25's Rs.165.60 crore, provisions and contingencies fell 48.23% year over year. From Rs.555.19 crore in Q2FY25, provisions and contingencies fell 70.2% on a quarterly basis.

The gross non-performing asset (NPA) of IDBI Bank for Q3FY25 was Rs.7,634.75 crore, down 0.24 percent QoQ from Rs.7,653.13 crore and 11.11 percent YoY from Rs.8,589.40 crore. For the quarter, the gross non-performing assets (NPAs) to gross advances ratio was 3.57 percent, which was lower than the quarterly and annual averages of 4.69 and 3.68 percent, respectively.

The bank's net non-performing assets (NPAs) decreased by 9% from quarter to quarter and 38.41% from year to year to Rs.365.46 crore. The net income of the bank in Q3FY24, the bank's net NPA was Rs.593.34 crore; in Q2FY25, it was Rs.401.60 crore.

The percentage of net NPAs to net advances stood at 0.18 per cent for the quarter, down from 0.34 per cent in the same quarter last year and 0.20 per cent in Q2FY25.

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Top 10 Mobile Banking Applications in India

Over the past few decades, technology has advanced significantly. From computers to laptops and iPads, software to applications, and mobile phones to Android devices, the digital age is pervasive. These days, many people use mobile banking apps. When conducting online transactions, a mobile banking app provides convenience, speed, and flexibility.

Nowadays, a large number of Indians are uncomfortable using traditional banking. They have therefore embraced mobile banking. Because of this, practically all private sector and PSU banks offer mobile banking apps for online transactions. This lessens the need for a laptop or desktop computer, and most importantly, it eliminates the need for you to physically visit the bank in order to complete any banking task.

 

1. Kotak-811 & Mobile Banking App

Kotak-811 - A app from Kotak Mahindra Bank offers a zero-balance savings account with an internationally enabled virtual debit card. It features a slick digital banking app UI. It is the first app in India to offer WhatsApp banking. You may now bank on a familiar platform using this app.

Features

* View account details and transaction details, and download e-statements.

* Send and receive money for instant transfers using IMPS, NEFT, and UPI.

* Manage your zero-balance savings account with an internationally enabled virtual debit card for online payments.

* Connect your bank account with WhatsApp and initiate banking transactions through a chat interface.

Pros

User-friendly interface with innovative features, ero-balance savings account with virtual debit card,WhatsApp banking for convenient banking on a familiar platform

Cons

Limited investment options compared to dedicated investment apps, Occasional app crashes reported by some users, Might be overwhelming for users who only need basic functionalities

2. HDFC Bank Mobile Banking App

The HDFC Bank app from one of India’s largest banks, allows you to manage your finances conveniently. You can check account summaries, make payments, transfer funds, and pay utility bills all within the HDFC net banking app.

Features

* Send and receive money using IMPS, NEFT, and UPI through the HDFC bank mobile banking app.

* Schedule and pay various bills, including utilities and credit cards.

* Personalize your app dashboard to display the features you use most frequently.

* Access a streamlined version of the HDFC app download for users with slower internet connections.

Pros

User-friendly interface with customizable features, Reliable and secure platform from a major bank, Lite version available for users with slower internet

Cons

Limited investment options compared to dedicated investment apps, Some users report occasional app crashes, May not offer the most advanced features compared to some other apps

3. YONO SBI 

YONO SBI- App of State Bank of India, Previously known as SBI Anywhere Personal, YONO SBI offers a user-friendly and secure platform for SBI account holders. It supports multiple languages and allows click-based and voice-assisted transactions for a convenient banking experience.

Features

* Use YONO app to send and receive money using IMPS, NEFT, and UPI.

* Schedule and pay various bills, including utilities and credit cards.

* Access the SBI mobile banking app in multiple regional languages for broader accessibility.

* Perform banking transactions using voice commands for added convenience.

Pros

Voice-assisted transactions, All-in-one Platform (investments, shopping, travel booking), Cardless Cash Withdrawal

Cons

Might be overwhelming for users who only need basic functionalities., Customer service responsiveness might vary.,Limited investment options compared to dedicated investment apps.

4. Axis Mobile App

Renowned for its stability, Axis Mobile offers a comprehensive suite of banking services.

Features

* Use the Axis Bank app to schedule automatic payments for various bills, including utilities and credit cards.

* Track your mutual fund investments within the Axis mobile app.

* Set spending limits, turn contactless payments on/off, and temporarily block your card if misplaced.

Pros

Stable and reliable performance, Wide range of features for managing finances, Auto-pay functionality for bills, Debit card control options

Cons

Occasional app crashes reported by some users, Limited investment options compared to dedicated investment apps

5. IDBI Bank GO Mobile+ App

Designed for a smooth banking experience, IDBI GO Mobile+ offers a user-friendly interface and various services. You can check account statements, make payments, recharge prepaid mobiles, and pay utility bills.

Features

* Choose seasonal themes or customize your login screen on the IDBI bank app.

* Secure your login with a selfie picture.

* Use IDBI app to view holdings and transactions directly within the app.

Pros

Simple and easy-to-use interface,Supports regional languages,Covers essential banking needs,Mobile recharge functionality

Cons

Limited investment and advanced features,Customer service responsiveness might vary

6. BOB World

Developed by the Bank of Baroda, BOB World is an app known for its user-friendliness.

Features

* Withdraw cash at BOB ATMs using a one-time MPIN generated within the Bank of Baroda app.

* Generate QR codes on BOB mobile banking app for easy bill payments at merchant locations.

* Store and manage digital receipts for your transactions within the app.

Pros

Convenient bill payments & organized receipts, Simplified cash deposits, Security features (2FA, biometrics, data encryption)

Cons

Relies on QR reader compatibility & increases app storage use, Limited branch availability for cash deposit requests, Responsiveness of customer service

7. ICICI Bank iMobile Pay App

A highly rated app by ICICI Bank, iMobile Pay offers a comprehensive suite of banking services.

Features

* Open fixed deposits (FDs), invest in recurring deposits (RDs) and manage existing investments.

* Access and manage your ICICI Bank life insurance policies on the ICICI Bank mobile app.

* Get quick access to personal loans against your credit card on the imobile app.

Pros

The ICICI bank app features a streamlined layout for effortless navigation, Customize your dashboard for quick access to frequently used features, Clear menus and categorized services

Cons

The app may experience occasional technical glitches or crashes, Some users report slower processing times for transactions, The app might require frequent updates to ensure smooth performance

8. Canara Bank ai1 Mobile Banking App

Designed with the goal of “One Bank, One App,” Canara Bank’s ai1 app offers a variety of banking services.

Features

* Use Canara bank app to pay instantly at stores with a tap using your phone (RTGS/NEFT enabled).

* Start fixed or recurring deposits or invest in mutual funds all within the Canara bank mobile app.

* Set up recurring payments for your bills and savings goals.

Pros

Book flights, hotels, buses, and cabs directly through the app, Check your credit score and pay bills seamlessly through Bharat Bill Payment,Access insurance, Demat services, and IPO applications

Cons

Occasional problems might occur with UPI transactions, Features might be limited for users who don’t have a Canara Bank account, The app might experience occasional slowdowns or technical glitches.

9. Bank of India BOI Mobile App

BOI Mobile boasts a secure and comprehensive banking experience for Bank of India account holders.

Features

* View balances and statements and manage all accounts on the Bank of India app.

* Transfer funds quickly with IMPS, NEFT, and RTGS, and utilize the “Favourite” feature on the Boi mobile app.

* Locate ATMs, manage cheques, and access various banking services.

Pros

Efficient navigation for transfers and management, User-friendly interface with easy account access, Streamlined process for adding “Favourites.”

Cons

Interface might be challenging for new users to navigate, Lacks advanced features compared to some competitors, Occasional transaction delays and app crashes reported.

10. Punjab National Bank PNB ONE App

PNB ONE is the official mobile banking app from Punjab National Bank.

Features

* Gain quick access to all your accounts through an interactive interface by downloading the PNB One app.

* Invest in term deposits and mutual funds, all within the PNB One app.

* Track cheque status, request stop payments, and manage cheques conveniently.

Pros

Access value-added services like PAN/Aadhaar registration, Manage existing credit/debit cards, Enjoy the app in English, Hindi, and other languages.

Cons

 Features might be limited for non-PNB customers, May be complex for new users to navigate, App crashes and slow processing times reported.

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IDBI Bank Q2 results: PAT up 39%

 

IDBI Bank on Friday reported a 39 per cent surge in net profit at Rs 1,836 crore for the quarter ended September 30, 2024 on the back of improvement in interest income.

The LIC-controlled bank had earned a net profit of Rs 1,323 crore in the year-ago period.

Total income rose to Rs 8,754 crore in the quarter under review, from Rs 6,924 crore in the same period a year ago, IDBI Bank said in a regulatory filing.

Net interest income of the bank improved to Rs 3,875 crore in the July-September quarter, from Rs 3,066 crore in the September quarter of 2023, registering a growth of 26 per cent.

Net interest margin increased to 4.87 per cent, from 4.33 per cent at the end of September 2023.

Asset quality of the bank witnessed an improvement with gross non-performing assets (NPAs) rising to 3.68 per cent of gross advances at the end of the September quarter of 2024, as against 4.90 per cent a year ago.

Net NPAs or bad loans also declined to 0.20 per cent, as against 0.39 per cent in the year-ago period.

Capital Adequacy Ratio of the bank increased to 21.98 per cent, from 21.26 per cent at the end of September 2023.

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IDBI Bank's Q4 net profit surge 44%

IDBI Bank on Saturday posted a 44% increase in net profit at Rs 1,628 crore in Q4 of the financial year 2023-24 against Rs 1,133 crore in the same period a year ago.

The private lender's total income increased to Rs 7,887 crore from from Rs 7,014 crore in this period of the fiscal year 2022-23.

In 2022-23, its profit was at Rs 3,645 crore. Total income for fiscal year 2023-24 was at Rs 30,037 crore, up from Rs 24,942 crore in financial year 2022-23.

Net Interest Income of the bank increased by 12% in the March quarter to Rs 3,688 crore, as against Rs 3,280 crore in the fourth quarter of 2022-23.

Net non-performing assets (NPA) ratio was at 0.34 per cent as on March 31, 2024, against 0.92 which was a year ago.

The board of IDBI Bank following the announcement of the quarterly proposed a dividend of 15% subject to shareholders' approval.

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IDBI Bank Q3 net profit jumps 57%

IDBI Bank on Saturday reported a 57 per cent growth in net profit to Rs 1,458 crore in the third quarter ended December 31, on lower provisioning and better interest income.

The LIC-controlled bank had a net profit of Rs 927 crore in the October-December quarter of 2022.

The bank's interest income improved during the third quarter of the current fiscal to Rs 6,541 crore, as against Rs 5,231 crore in the same period last fiscal.

The gross non-performing asset (NPA) ratio improved to 4.69 per cent as on December 31, 2023, as against 13.82 per cent as on December 31, 2022

Similarly, the net NPA also declined to 0.34 per cent, as compared to 1.08 per cent at the end of December 2022.

As a result provisioning and contingencies came down to Rs 320 crore in the December quarter, from Rs 784 crore in the same quarter of the last fiscal.

Provision Coverage Ratio (including Technical Write-Offs) stood at 99.17 per cent as on December 31, 2023.

During the quarter Capital Adequacy Ratio of the bank improved to 20.32 per cent, as compared to 20.14 per cent at the end of December 2022.

The bank has not raised capital during the December quarter and the earlier funds have been fully utilised, it said.

The government, which owns over 45 per cent stake in IDBI Bank, plans to sell its stake in the bank and the process could gather pace next financial year.

Meanwhile, life insurance behemoth LIC, which has a 49.24 per cent shareholding, is keen to hold strategic stake in the bank so that it can enjoy the benefit of bancassurance channel.

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