Hi.. I need some idea regarding IDBI bank.. quite in a dilemna of what to choose.. IDBI or Bank of India.. Pls give some insights!Also heard from some IDBI staff that it is going to get merged with Bank of Baroda.. is it true?? didnt find any such info in the net! She suggested to join BOI.. she herself is an AM in IDBI..Whereas, I was under the impression that IDBI pays off more or less equivalent to SBI.. though, workload may be high.. whatever so?If somebody has any good info on this, pls throw some light!
Salary:Look bro, IDBI no doubt pays better salary & in fact almost equivalent to SBI.
Work-culture: Till what i have come to know, IDBI stresses more on Marketing & maximum work is related to that only, I have asked this to many people & officials too. If U can work on Marketing, etc. then, U should surely, join IDBI, if not then BOI.
Merger:As, @Layman bhai already said, there are chances of merger, then yeah, IDBI will be merged with BOB which is very good bank. But, I think you should take decision looking the present seen also, so If work culture suits U then join it.
Postings:Most postings of IDBI will be in URBAN areas too, and they have asked preference for that too during PIs