Indbank Merchant Banking Services Recruitment 2026 – Complete Details
Indbank Merchant Banking Services Limited (IBMBS LTD), a subsidiary of Indian Bank with headquarters in Chennai, has released an official recruitment notification for the post of Merchant Banking Head (Executive Vice President). The organization is engaged in Stock Broking, Depository Participant Activities, Distribution of Mutual Funds and other Investment Products, and Category I Merchant Banking services including advisory services.
Organization Details
| Organization Name | Indbank Merchant Banking Services Limited (IBMBS LTD) |
| Parent Organization | Indian Bank |
| Head Office Address | No. 480, 1st Floor, Khivraj Complex I, Anna Salai, Nandanam, Chennai – 600035, India |
| Contact Number | 044-24313094-97 |
Post Details
| Post Name | Designation | Vacancy | Employment Type |
| Merchant Banking Head | Executive Vice President (EVP) | 1 | Contract (Initial 3 Years, Extendable) |
Salary Details
Compensation: ₹40 Lakh per annum (Negotiable based on Qualification and Experience)
Job Location
- Mumbai, Maharashtra, India
- Chennai, Tamil Nadu, India
Important Dates
- Notification Date: 23 March 2026
- Last Date to Apply: 10 April 2026
- Cut-off Date for Eligibility: 01 January 2026
Eligibility Criteria
Educational Qualification
- Professional qualification in Finance, Law, or Business Management.
- Preferred certifications: CA, CFA, CS, CMA, LLB, MBA in Finance.
- Postgraduate degree in Finance, Economics, Commerce, or Management is preferred.
Experience
- Minimum 15 years of experience in corporate finance, investment banking, or capital markets.
- Experience in IPOs, Rights Issues, Buybacks, Mergers & Acquisitions, and advisory mandates.
- Proven track record in IPO execution with leading Merchant Bankers.
Regulatory Requirements
- Eligible to act as Principal Officer of a SEBI-registered Merchant Banker.
- No regulatory or disciplinary action history with SEBI/RBI or other regulators.
- Knowledge of SEBI ICDR Regulations, Takeover Code, Buyback Regulations, and Listing Obligations.
Age Limit
Maximum Age: 50 Years
Selection Process
- Screening of applications by the committee
- Personal Interview
- Final Selection by the Company Committee
Roles and Responsibilities
Capital Market Transactions
- Lead and oversee IPOs (Main Board and SME)
- Manage QIB placements and Rights Issues
- Supervise Buybacks and Delisting processes
- Ensure compliance with SEBI regulations
Advisory and Strategic Mandates
- Provide M&A advisory and execution
- Guide corporate restructuring and partnerships
- Advise on capital raising strategies
Regulatory Oversight
- Act as Principal Officer for SEBI Merchant Banker registration
- Ensure compliance with SEBI, RBI, and Companies Act
Business Development
- Develop relationships with corporates and investors
- Generate new mandates in capital markets
Leadership and Growth
- Lead and mentor teams
- Drive innovation in financial products
Application Process
- Download application form from the official website
- Fill the form and attach required documents
- Send via Registered Post / Courier
- Alternatively, email scanned application to recruitment@indbankonline.com
Postal Address:
Head Administration,
No. 480, 1st Floor Khivraj Complex I,
Anna Salai, Nandanam, Chennai – 600035
Application Fees
No application fee information is mentioned in the official notification.
Reservation Details
Reservation details are not specified in the official notification.
General Instructions
- Candidates must ensure eligibility before applying.
- Applications may be rejected at any stage if found ineligible.
- Providing false information will lead to cancellation of candidature.
- Original documents must be produced at the time of interview.
- Only shortlisted candidates will be informed via email.
- Company reserves the right to modify eligibility criteria and conditions.
- No correspondence or personal enquiries will be entertained.
- All disputes are subject to Chennai jurisdiction.
- English version of notification will prevail in case of disputes.
- Company is not responsible for delays in application submission due to postal issues.
