Bharatiya Reserve Bank Note Mudran Private Limited (.) Corporate Office, Bengaluru 560 029 , 560 029
Advt. No. 4 / 2018

Recruitment for the post of Managing Director, BNPMIPL

Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of Reserve Bank of India is having its Registered & Corporate Office at Bengaluru and Banknote printing presses at Mysuru in Karnataka and Salboni in West Bengal. BRBNMPL, in terms of Article 4 sub clause 4.1.1 of the Joint Venture Cum Shareholders Agreement, wishes to appoint Managing Director, for its Joint Venture Company viz. Bank Note Paper Mill India Private Limited (BNPMIPL), an integrated currency paper manufacturing Company having its Registered & Corporate Office and factory at Mysuru.

1. Tenure

The appointment will be for a fixed term, initially for a period of three years subject to renewal, as per the discretion of BRBNMPL.

2. Reservation

The post is unreserved. However, applicants belonging to SC/ST/OBC/PH (Only OH)/Ex-SM categories are free to apply for the post provided they satisfy all the eligibility criteria.

3. Eligibility Criteria (As on the last date for receipt of application): a) Educational Qualification & Experience:

i) The incumbent should be a graduate from a recognized

University/Institution with excellent academic record. Post Graduate

qualifications in technical/business administration/economics/finance would

be desirable. ii) He/she should have been working in a senior position GM/CGM/Director for

a minimum period of 3 years in a large organization.

iii) He/she should possess a minimum of 20 years of post-qualification

experience in industry of which minimum 10 years should be in a Manufacturing /Processing plant preferably in a Pulp and Paper industry or in an Integrated Currency Paper mill.

b) Age:

Not exceeding 55 years as on the last date for receipt of application, which in exceptional cases may be relaxed to 60 years.

4. Nature of job:

The Managing Director is the Chief Executive and accountable to the Board of Directors of BNPMIPL. He/she is responsible for the efficient functioning of the Company for achieving its corporate objectives and performance parameters. The incumbent shall be in-charge of all day-to-day management of BNPMIPL including but not limited to all aspects of marketing, operations, sales promotion, information services, customer services, marketing and sales, accounting, finance and credit collections and recommending to the Board the personnel employment or termination as well as deciding the remuneration of key executives & personnel.

5. Terms and Conditions:

The selected candidate will draw Basic Pay of `1,77,400/-per month in the Pay 7th

level 14 of CPC Pay matrix. He/she will also be entitled for a Special Compensatory Allowance of `13,600/-counting for superannuation benefits. Exceptionally meritorious candidate could be started at higher level of Pay. He/she will be eligible for perks and perquisites as per rules, as applicable to the Directors/General Managers, of the BRBNMPL.

6. Selection Procedure

Selection will be made through Interview of eligible short-listed applicants. Merely fulfilling the eligibility criteria does not entitle an applicant to be called for interview. BRBNMPL reserves the right to grade the minimum eligibility standard etc. in order to restrict the number of applicants called for interview. The decision of BRBNMPL in this regard will be final.

7. How to apply

Those who satisfy the above eligibility conditions may send their applications BY POST in the prescribed format in A4 size only available in the Career page of the BRBNMPL's website www.brbnmpl.co.in giving full details of age, qualification with year of passing, experience, community, last salary drawn and position being held together with the photocopies of testimonials towards proof for the same in a cover superscribed "Application for the post of Managing Director, BNPMIPL " to the following address so as to reach on or before April 23, 2018.

The Managing Director, BHARATIYA RESERVE BANK NOTE MUDRAN PRIVATE 1st 1st

LIMITED, Corporate Office, No. 3 & 4, Stage, Phase, BTM Layout, Bannerghatta Road, Post Box No. 2924, Bengaluru-560 029.

The prescribed last date is extendable by one week, i.e., April 30, 2018 in case of candidates residing in Assam, Meghalaya, Arunachal Pradesh, Mizoram, Manipur, Nagaland, Tripura, Sikkim, J&K, Lahaul and Spiti District and Pangi Sub-division of Chamba District of Himachal Pradesh, Andaman & Nicobar Islands or Lakshadweep or abroad.

8. Important General Instructions:

i) The prescribed qualification and experience are bare minimum and mere possession of the same does not entitle applicants to be called for interview. BRBNMPL may, at its discretion call applicants for interview. The applicants will be shortlisted on the basis of criteria to be determined by BRBNMPL including qualifications/experience/professional achievements/management skills and personal qualities/ strength. The applicants should, therefore, mention all qualifications/experience/achievements/ specialization in relevant field including those over and above the minimum qualifications in their applications.

ii) Applicants already in service of Government/Quasi Government Organisations/ Public Sector Undertakings/Autonomous Bodies, if selected will have to produce a Photocopy of "NO OBJECTION CERTIFICATES" from their employer. At the time of joining a proper and unconditional relieving order from the previous employer will have to be produced by the candidate.

iii) The selected candidate will be posted at the Corporate office of BNPMIPL at Mysuru.

iv) The candidates selected for interview will be paid Air Fare by Business Class/ I AC train fare from their place of residence/work and back by the shortest route within India.

v) The decision of BRBNMPL in all matters regarding eligibility, shortlisting of applicants for interview, conduct of interview and final selection will be final and binding and no correspondence will be entertained in this regard.

vi) Incomplete applications, applications not in the prescribed format, applications without the copies of marks cards & certificates, and applications received after the closing date are liable to be rejected. Any column left blank will make the application incomplete and liable for rejection.

vii) In case it is detected at any stage that an applicant does not fulfill the eligibility criteria and / or has furnished incorrect information or suppressed any material information, his candidature will be cancelled and, if already appointed, his services will be summarily terminated without giving any notice or any compensation in lieu thereof.

viii) The services can also be terminated by either side, by giving a notice period of three calendar months or three months salary in lieu thereof.

ix) BRBNMPL takes no responsibility for any delay in receipt or loss in postal transit of any application / communication.

x) Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated in Bengaluru.

xi) No request will be entertained from the applicants seeking advice about their eligibility to apply.

xii) Any corrigendum to this advertisement will be displayed only on the Company's website www.brbnmpl.co.in

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Important Dates

Start Date End Date
Applications 30-Apr-2018


Notification Issued By

  • Organization : Bharatiya Reserve Bank Note Mudran Private Limited
  • Organization City, State : bengaluru, karnataka
  • Organization Website : www.brbnmpl.co.in

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