The entire general insurance business in India was nationalised by General Insurance Business (Nationalisation) Act, 1972 (GIBNA). The Government of India (GOI), through Nationalisation took over the shares of 55 Indian insurance companies and the undertakings of 52 insurers carrying on general insurance business. General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA. It was incorporated on 22 November 1972 under the Companies Act, 1956 as a private company limited by shares.
Assistant Managers (Scale-I Officers)
Education: BE/ BTECH (Aeronautics/ Chemical/ IT/ Marine/ Electrical)/ MCA from a recognized University.
Small Industries Development Bank of India (SIDBI) is the Principal Financial Institution set up under an Act of Parliament for promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs). The Bank’s Mission is to ‘‘To facilitate and strengthen credit flow to MSMEs and address both financial and developmental gaps in the MSME eco-system". The Bank is working with the Vision ‘’To emerge as a single window for meeting the financial and developmental needs of the MSME sector to make it strong, vibrant and globally competitive, to position SIDBI Brand as the preferred customer friendly institution and for enhancement of shareholders wealth and highest corporate values through modern technology platform’’.
BE/ BTECH required in South Malabar Gramin Bank, Malappuram.
South Malabar Gramin Bank sponsored by Canara Bank is one of the largest Regional Rural Banks (RRBs) in India in terms of total business. From humble beginnings in the year 1976, the bank has grown into a formidable financial institution, thanks to support of nearly two million of its customers ,mostly the common man. SMGB has over the years carved a niche in customer service and rural development . The bank is a pioneer in micro finance and lending to self help groups and have won several national and international accolades.
Total Posts: 25
Education: Degree of a recognized University in any discipline or its equivalent. Proficiency in Malayalam Language compulsory (To Read, Write and Speak)