Indian Bank has invited applications for - Specialists Officers Scale II, III,IV Recruitment 2025 for the Post of Manager,Chief Manager & Senior Manager. Today we are providing a syllabus and exam pattern for the exam.
Important Dates
Particulars | Date |
|---|---|
Commencement date of on-line application | 23.09.2025 |
Last Date of the online application | 13.10.2025 |
Date of Online Examination | Tentative |
Number of Vacancies
Post / s | Minimum Age | Maximum Age (as on 01.09.2025) | Total Vacancies |
|---|---|---|---|
|
Chief Manager - Corporate Credit Analyst Scale IV |
28 |
36 |
15 |
|
Senior Manager - Corporate Credit Analyst Scale III |
26 |
33 |
15 |
|
Manager - Corporate Credit Analyst Scale II |
24 |
31 |
10 |
|
Chief Manager – Financial Analyst Scale IV |
29 |
36 |
5 |
|
Senior Manager - Financial Analyst Scale III |
27 |
33 |
3 |
|
Manager - Financial Analyst Scale II |
25 |
31 |
4 |
|
Chief Manager - Risk Management Scale IV |
28 |
36 |
4 |
|
Senior Manager - Risk Management Scale III |
25 |
33 |
7 |
|
Manager – Risk Management Scale II |
23 |
31 |
7 |
Relaxation in Age Limit
|
Sr. |
Category |
Age Relaxation |
|---|---|---|
|
1 |
Scheduled Caste/ scheduled Tribe Candidates |
By 5 years |
|
2 |
Other Backward classes (OBC) Candidates (Non-Creamy layer) |
By 3 years |
|
3 |
Persons with Benchmark Disabilities (PwBD) |
By 10 years |
|
4 |
Persons affected by 1984 riots |
By 5 years |
|
5 |
Ex-servicemen, Commissioned Officers, including Emergency Commissioned Officers (ECOs) / Short Service Commissioned Officers (SSCOs), who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 12 months from the date prescribed for closing of online registration) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment, subject to ceiling as per Government guidelines |
By 5 years |
The maximum age specified is applicable to General Category candidates and Economically Weaker Section (EWS) Category Candidates.
Qualification & Experience (As on 01.09.2025)
|
Posts |
Qualifications |
Experience |
Certifications |
|---|---|---|---|
|
Chief Manager - Corporate Credit Analyst Scale IV |
CA OR Graduation in any discipline AND 2 years (full time) MBA (Finance) / MMS in Finance Graduation in any discipline AND PGDBA / PGDBM / CAIIB |
Mandatory: Minimum Six (6) years of Post Qualification Work Experience in processing of credit proposals as an officer in Corporate Credit /Mid Corporate Credit in any Scheduled Public Sector Banks / Large Scheduled Private Sector banks or Subsidiary of a Scheduled Commercial Bank or as Analyst in RBI approved Rating Agencies. OR Mandatory: Minimum Seven (7) years of Post Qualification Work Experience in processing of credit proposals as an officer in Large Corporate Branches / Extra Large Corporate Branches / Corporate Office / Project Finance Unit / Corporate Credit / Mid Corporate Credit etc in any Scheduled Public Sector Banks / Large Scheduled Private Sector Banks. |
Desirable: At least any one of the following certifications
|
|
Senior Manager – Corporate Credit Analyst Scale III |
CA OR Graduation in any discipline AND 2 years (full time) MBA (Finance) / MMS in Finance Graduation in any discipline AND PGDBA / PGDBM / CAIIB |
Mandatory: Minimum Four (4) years of Post Qualification Work Experience in processing of credit proposals as an officer in Corporate Credit /Mid Corporate Credit in any Scheduled Public Sector Banks / Large Scheduled Private Sector banks or Subsidiary of a Scheduled Commercial Bank or as Analyst in RBI approved Rating Agencies. Mandatory: Minimum Five (5) years of Post Qualification Work Experience in processing of credit proposals as an officer in Large Corporate Branches / Extra Large Corporate Branches / Corporate Office / Project Finance Unit / Corporate Credit / Mid Corporate Credit etc in any Scheduled Public Sector Banks / Large Scheduled Private Sector Banks |
Desirable: At least any one of the following certifications
|
|
Manager - Corporate Credit Analyst Scale II |
CA OR Graduation in any discipline AND 2 years (full time) MBA (Finance) / MMS in Finance Graduation in any discipline AND PGDBA / PGDBM / CAIIB |
Mandatory: Minimum Two (2) years of Post Qualification Work Experience in processing of credit proposals as an officer in Corporate Credit / Mid Corporate Credit in any Scheduled Public Sector Banks / Large Scheduled Private Sector banks or Subsidiary of a Scheduled Commercial Bank or as Analyst in RBI approved Rating Agencies. Mandatory: Minimum Three (3) years of Post Qualification Work Experience in processing of credit proposals as an officer in Large Corporate Branches / Extra Large Corporate Branches / Corporate Office / Project Finance Unit / Corporate Credit / Mid Corporate Credit etc in any Scheduled Public Sector Banks / Large Scheduled Private Sector Banks |
Desirable: At least any one of the following certifications
|
|
Chief Manager Financial Analyst Scale IV |
Member of Institute of Chartered Accountants of India (ICAI) OR ICMA (erstwhile ICWA) OR CFA Any residential programmes conducted by NIBM or similar institutions in credit / risk. |
Mandatory: Minimum Six (6) years of Post Qualification Work Experience in processing of credit proposals as an officer in Corporate Credit in any Scheduled Public Sector Banks / Scheduled Private Sector banks. |
_ |
|
Senior Manager Financial Analyst Scale III |
Mandatory: Minimum Four (4) years of Post Qualification Work Experience in processing of credit proposals as an officer in Corporate Credit in any Scheduled Public Sector Banks / Scheduled Private Sector banks. |
_ |
|
|
Manager Financial Analyst Scale II |
Mandatory: Minimum Two (2) years of Post Qualification Work Experience in processing of credit proposals as an officer in Corporate Credit in any Scheduled Public Sector Banks / Scheduled Private Sector banks. |
_ |
|
|
Chief Manager Risk Management Scale IV |
CA / CFA OR Master's Degree in Mathematics / Statistics / Finance / Economics (Regular) OR Engineering graduate AND two years Post Graduate Degree / Diploma in Business Management / Banking / Finance |
Experience Mandatory: Minimum 8 years ofmexperience in Bank / PSU /NBFC / Corporate as an Officer out of which minimum 3 years ' experience in any of the following verticals of the Risk Management 1. Liquidity Risk Management / Interest Rate Risk / IRRBB 2. Operational Risk Management 3. Market Risk 4. Treasury 5. Credit Risk |
Certificate Desirable: Certifications such as FRM/ PRM / CFA / SCR are preferred. Completion of a Certificate programme in Risk Management from IIBF / NIBM will be an added advantage |
|
Senior Manager Risk Management Scale III |
CA / CFA OR Master's Degree in Mathematics / Statistics / Finance / Economics (Regular) OR Engineering graduate AND two years Post Graduate Degree / Diploma in Business Management / Banking / Finance |
Experience Mandatory: Minimum 5 years of experience in Bank / PSU / NBFC / Corporate as an Officer out of which minimum 2 years ' experience in any of the following verticals of the Risk Management 1. Liquidity Risk Management / Interest Rate Risk / IRRBB 2. Operational Risk Management 3. Market Risk 4. Treasury 5. Credit Risk |
Certificate Desirable: Certifications such as FRM / PRM / CFA / SCR are preferred. Completion of a Certificate programme in Risk Management from IIBF / NIBM will be an added advantage |
|
Manager Risk Management Scale II |
CA / CFA OR Master's Degree in Mathematics / Statistics / Finance / Economics (Regular) OR Engineering graduate AND two years Post Graduate Degree / Diploma in Business Management / Banking / Finance |
Experience Mandatory: Minimum 3 years of experience in Bank / PSU / NBFC / Corporate as an Officer out of which minimum 1 years ' experience in any of the following verticals of the Risk Management 1. Liquidity Risk Management / Interest Rate Risk / IRRBB 2. Operational Risk Management 3. Market Risk 4. Treasury 5. Credit Risk |
Certificate Desirable: Certifications such as FRM / PRM / CFA / SCR are preferred. Completion of a Certificate programme in Risk Management from IIBF /NIBM will be an added Advantage Desired Certification: (Any one of the following) Sustainability and climate Risk Certification (SCR) from GARP |
- Specialization Rule: In dual specialization, one must be in the prescribed field; in major/minor, the major must match. PG (MBA/MMS/PG Diploma) with more than two specializations are not eligible.
- Eligibility Proof: Only prescribed qualifications and work experience count—no equivalents. Certificates must clearly establish eligibility during screening and verification.
Probation & Bond Period
- The selected candidates in Scale II, III and IV posts will be on probation for a period of 1 year from the date of joining. Their confirmation in the Bank’s service will be decided in terms of the provisions of Indian Bank Officers Service Regulations, 1979 (as amended up to date).
- Appointed candidates must serve a minimum of 2 years and give 3 months’ written notice before resignation. They must sign a Financial‑cum‑Surety Bond; leaving early requires repayment of ₹3 lakhs (MMG Scale‑II & above), salary for the unserved notice period, and training/other costs incurred by the Bank.
Selection Procedure
- Shortlisting of applications followed by interview or
- Written / Online Test followed by Interview
Online Examination (Exam pattern)
|
Name of section |
No. of questions |
Maximum Marks |
Medium of Exam |
Time allotted |
|---|---|---|---|---|
|
English Language |
20 |
20* |
English |
Composite time of 02 Hours |
|
Professional Knowledge (Respective Domain) |
60 |
120 |
English & Hindi |
|
|
Reasoning |
40 |
40* |
English & Hindi |
|
|
Quantitative Aptitude |
40 |
40* |
English & Hindi |
|
|
Total |
160 |
220 |
- *Qualifying in nature and marks secured in these sections will not be reckoned for final result.
- 1/4th of the mark allotted to the respective question for which a wrong answer is given. If a question is left blank, i.e. no answer is given by the candidate, there will be no penalty for that question.
- Candidates shortlisted for interview = 3× vacancies (Unreserved) and 5× vacancies (Reserved). Final numbers may vary at interview stage. Cut‑offs will be fixed based on vacancies and total marks.
- Total marks in the interview will be 100.
- Minimum Qualifying marks in Test and Interview
- Minimum qualifying marks: 40% (UR/EWS) and 35% (SC/ST/OBC/PwBD). Bank may lower cut‑offs if needed. Candidates must qualify separately in both Written/Online Test and Interview to be in the merit list.
- If both Written / Online Test and Interview are held, the weightage (ratio) for Written / Online Test and Interview will be 80:20 respectively.
- If selection is made by shortlisting of applications followed by Interview, the weightage (ratio) will be 100 % of the Interview Score.
- Merit Order in Test, Interview and Final Merit List
- In the event of two or more candidates having obtained the same score in Test / Interview, merit order shall be decided as per date of birth (the candidate senior in age is placed before / above the candidate junior in age).
Syllabus
English Language
- Reading Comprehensions
- Para Jumbles
- Para Completion
- Vocabulary
- Error Spotting
- Sentence Improvemen
- Cloze test
- Rearrangement of sentences
Reasoning Ability
- Coding & Decoding
- Syllogism
- Machine Input Output
- Puzzles
- Seating Arrangements
- Direction Sense Test
- Blood Relations
- Problems based on Ages
- Ranking and Order
- Data Sufficiency
- Statement and Conclusions
- Statement and Assumptions
- Statement and Arguments
Quantitative Aptitude
- Data Interpretation
- Data Sufficiency
- Number Series
- Time and Work
- Time and Distance
- Approximation
- Simple and Compound Interest
- Ratio and Proportion
- Averages
- Mixture and Allegation
- Pipes and Cisterns
- Problems based on trains
- Percentages
- Partnership
- Profit, Loss and Discount
- Elements of Algebra
- Quadratic Equations
Professional Knowledge (Credit Analyst)
Module A : Analysis of Financial Statements
- Basics of Financial statements
- Ratio analysis
- Cash flow statement
- Fund flow statement
- Project appraisal
- Working capital management
- Common size/trend analysis
Module B: Credit Risk & Appraisal
- Credit policy
- Types of borrowers & types of credit facilities
- Credit delivery
- 5 Cs of credit
- Credit scoring/rating models
- Loan structuring, term loans, working capital finance
- Security, collateral, guarantees, covenants
- Retail vs corporate credit appraisal
Module C: Banking & Emerging Trends
- Types of loans & credit facilities
- Fintech in credit appraisal, digital lending
- ESG risk, sustainable finance
Module D Risk Management & Monitoring
- Credit portfolio risk
- Stress testing & scenario analysis
- Early warning signals
- Risk mitigation (hedging, collateral, guarantees)
Module E RBI circulars and master circulars
- Priority sector lending
- KYC
- Basel Norms
- Exposure Norms
- Housing Finance
- Sovereign Gold Bonds
- SHG–Bank Linkage Programme
- IRAC norms
Module F Laws
- Negotiable Instrument act
- Coinage act
- IBC
- SARFAESI
- MSMED act
- Banking Regulation act
- RBI act
- Consumer protection act
- RTI act
- Foreign Exchange Management Act
Professional Knowledge (Financial Analyst)
Module A: Accounting & Financial Reporting
- Preparation & analysis of financial statements
- Accounting standards (Ind AS / IFRS)
- Revenue recognition, depreciation, leases, deferred tax
- Off-balance sheet items, segment reporting
Module B: Quantitative & Analytical Tools
- Time value of money
- Probability & statistics (mean, variance, correlation, regression)
- Hypothesis testing
- Time series basics
Module C: Corporate Finance & Capital Budgeting
- NPV, IRR, payback
- Cost of capital, WACC
- Capital structure & dividend policy
- Working capital management
- M&A basics, LBOs
Module D: Fixed Income & Debt Markets
- Bond pricing, YTM, duration, convexity
- Yield curve & credit spreads
- Credit rating and debt analysis
- Securitization basics
Module E: Derivatives & Alternative Investments
- Options, forwards, futures, swaps
- Hedging strategies
- Commodity & real estate investments
- Basics of private equity and venture capital
Module F: Economics & Portfolio Management
- Business cycles, inflation, interest rates
- Fiscal & monetary policy
- Exchange rates & international finance
- CAPM, portfolio theory, risk-return tradeoff
- Performance attribution (alpha, beta, Sharpe, Treynor)
Module G: RBI circulars and master circulars
- Priority sector lending
- KYC
- Basel Norms
- Exposure Norms
- Housing Finance
- Sovereign Gold Bonds
- SHG–Bank Linkage Programme
- IRAC norms
Module H: Laws
- Negotiable Instrument act
- Coinage act
- IBC
- SARFAESI
- MSMED act
- Banking Regulation act
- RBI act
- Consumer protection act
- RTI act
- Foreign Exchange Management Act
Module I: Government Schemes
- PM Vishwakarma
- PM Awas Yojana (Urban & Rural)
- PM SVANidhi
- PM Mudra Yojana
- PM Jan Dhan Yojana
- PM Jeevan Jyoti Bima Yojana
- MSME Samadhaan Scheme
- PM Surya Ghar: Muft Bijli Yojana
- PMEGP, CGTMSE
- Latest government schemes related to banking
Professional Knowledge (Risk)
Module A: Foundations of Risk Management
- Types of financial & non-financial risks (credit, market, operational, liquidity, reputational, strategic)
- Risk management framework & governance
- Role of CRO, Risk Committees, Board oversight
- Risk appetite & tolerance
Module B:Credit Risk Management
- Credit appraisal systems (retail & corporate)
- Credit risk models (PD, LGD, EAD concepts)
- Credit rating/scoring, migration analysis
- Credit derivatives, securitization
- NPA management: IRAC norms, provisioning, restructuring
Module C:Market Risk Management
- Interest rate risk, currency risk, equity & commodity risk
- Value at Risk (VaR) – variance-covariance, historical, Monte Carlo
- Duration, convexity, gap analysis
- Trading book vs banking book
- RBI guidelines on market risk capital
Module D: Operational Risk Management
- Definition & sources (fraud, systems failure, people, processes, external events)
- Measurement approaches (Basic Indicator Approach, Standardized Approach, Advanced Measurement Approach)
- Key Risk Indicators (KRIs)
- Operational loss database, scenario analysis
- Cyber risk & technology risk
Module E: Liquidity Risk & Asset Liability Management (ALM)
- Liquidity coverage ratio (LCR), Net Stable Funding Ratio (NSFR)
- RBI guidelines on liquidity risk
- Maturity mismatch, structural liquidity statements
- Stress testing liquidity
- ALM committees and practices
Module F: Basel Norms & Regulatory Framework
- Basel II, III, and IV – pillars and requirements
- Capital Adequacy Ratios (CAR), CET1, AT1, Tier 2 capital
- ICAAP (Internal Capital Adequacy Assessment Process)
- RBI’s risk-based supervision framework
- Stress testing & capital planning
Module G: Enterprise Risk Management (ERM)
- Integrated risk management approach
- COSO framework
- Risk-adjusted performance measures (RAROC, EVA)
- ICAAP & ICAAP-ILAAP integration
- Risk culture & communication
Module H: Emerging Risks & Special Topics
- Climate risk & ESG risk management
- Fintech & digital lending risk
- Cybersecurity & data privacy risk
- Systemic risk & contagion in financial systems
- Black swan events, crisis management, business continuity planning
Module I: Basel Norms & Regulatory Framework
- Basel II, III, and IV – pillars and requirements
- Capital Adequacy Ratios (CAR), CET1, AT1, Tier 2 capital
- ICAAP (Internal Capital Adequacy Assessment Process)
- RBI’s risk-based supervision framework
- Stress testing & capital planning
Module J: RBI circulars and master circulars
- Priority sector lending
- KYC
- Basel Norms
- Exposure Norms
- Housing Finance
- Sovereign Gold Bonds
- SHG–Bank Linkage Programme
- IRAC norms
Module K: Laws
- Negotiable Instrument act
- Coinage act
- IBC
- SARFAESI
- MSMED act
- Banking Regulation act
- RBI act
- Consumer protection act
- RTI act
- Foreign Exchange Management Act
Module L: Government Schemes
- PM Vishwakarma
- PM Awas Yojana (Urban & Rural)
- PM SVANidhi
- PM Mudra Yojana
- PM Jan Dhan Yojana
- PM Jeevan Jyoti Bima Yojana
- MSME Samadhaan Scheme
- PM Surya Ghar: Muft Bijli Yojana
- PMEGP, CGTMSE
- Latest government schemes related to banking
Indian Bank Specialist Officer Course by Team BankExamsToday
Course features
- Daily video classes
- Study Material
- Live sessions
- Unit tests
- Special attention to Professional knowledge section from Day 1
- One to One Mock Interview Session
- Interview preparation guide
