IBPS

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About IBPS

IBPS is abbreviation of Institute of Banking Personnel Selection, which is an autonomous agency in India. It started its operation in 1975 as Personnel Selection Services (PSS) In 1984, IBPS became an independent entity at the behest of Reserve Bank of India (RBI) and Public Sector Banks. IBPS is envisioned as self-governed academic and research oriented Institute, with a mission of enhancing human-resource development through personnel assessment.

In 2011, IBPS announced a Common Written Examination (CWE) for the recruitment of officers and clerks in Indian banks. IBPS CWE is now mandatory for anyone who seeks an employment in 27 public sector and regional rural banks. IBPS periodically accepts exam applications from candidates at their website, and the exams are organized at various locations in the country in online mode. Aspirants have to go through an interview process after passing the online test. On the basis of the interview, candidates are placed in regional rural banks. (From Wikipedia)

Recruitment through IBPS

  • Clerical
  • Probationary Officer (PO)
  • Special Officer (SO)
  • Officer Scale I
  • Officer Scale II
  • Officer Scale III
  • Accountants
  • Law Officer
  • Information Technology IT Officer
  • Computer Operator

IBPS Common Written Examination (CWE)

IBPS CWE exam was launched in 2011 for selection of Clerks and Officers in 27 nationalized banks and regional rural banks in India. CWE is also related with resources services (LIC), insurance companies, NABARAD, IDBI and other Public sector undertaking and Govt Departments.

IBPS Specialist Officer

There are multiple positions under IBPS Specialist officers, some of them are IT Officers (Scale I), Agricultural Field Officers (Scale I), Rajbhasha Adhikari (Scale I), Law Officers (Scale I), HR / Personnel Officers (Scale I), and Marketing Officers (Scale I). Registration for the posts starts in November, while the exam is conducted in subsequent January and final result is declared in April. The exam is of 200 marks consisting of 200 questions and it has 50 questions of professional knowledge 80 marks.

IBPS Probationary Officers

Selection Procedure are classified in 3 phases, Phase 1 preliminary Objective Test, Phase 2 mains Objective Test and Phase 3 interview. Preliminary exam conducts in October and mains exam conducts in October month or next month in November and interview conducts in January. For Appearing in IBPS PO, Candidate must have pass the graduation in any discipline, There is no percentage criteria for IBPS PO Exam.The minimum age must be 20 while the maximum is 30 years. There are also some age relaxation based on the applicant’s category.

IBPS Clerk

The IBPS Clerk Pattern 2016 consists of 2 online exams, they are, the Prelims exam and the Mains exam. The IBPS Prelims exam has 3 sections i.e., English Language, Numerical Ability and Reasoning Ability. The exam has a total of 100 questions and each question carries 1 mark. The IBPS Mains Exam has 5 sections. The two new sections of the Mains exam are General Awareness and Computer Knowledge. The Mains exam consists of 200 questions, each section containing 40 questions. Each section is allotted a separate timeframe within which the questions need to be answered. Both these exams have negative marking. For every wrong answer, the candidate will lose 0.25 marks.

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IBPS Regional Rural Bank (RRB)

There are multiple positions to be filled through IBPS RRB Exam such as Officer Scale-I, Scale-II & Scale-III.There are also specialist officer positions like I.T. Officer,Chartered Accountant, Law Officer,Agriculture Officer, Marketing Officer.In clerical cadre, Office Assistant positions are also being recruited.The date of examination for this recruitment will be announced on their official website.Last year, the RRB IV common examination was conducted.

IBPS Common Interview

In 2012, IBPS announced that the participating banks would no longer conduct separate interviews for successful candidates after the CWE. Instead, IBPS itself will arrange a common interview (CI) [6] for them at different locations and will prepare a final merit list which will be used to recruit them directly to the banking positions reported during the validity of their score card. Those who have passed the PO and SO written exams appear for an interview. Written exams have a weight age of 80 and performance at interviews is given a weight age of 20 for the final selection decision. Interviewees may be asked questions about family, education, strength and weakness and questions relating to knowledge about banking.

IBPS has dispensed with interviews for the post of clerks in nationalized banks.

Final Selection

IBPS forms a rank list once the exam and interview phases end. The same will be used to fill existing and upcoming vacancies in the participating banks for a period of one year from the date of announcement of the final results.

IBPS does not announce the final cut-off marks until the entire process of CWE and the interview is over. This often leaves candidates guessing the expected cut-off marks and not being able to know the exact cut-offs. The process of cut-offs is also then divided as per states. Which is based on fact that if a certain state has less number of vacancies, then the cut-off for that state is likely to go up and if a state has more of vacancies, then the cut-off can be lower.

IBPS PO Salary Structure

  • Scale I – 23700-(980/7)-30560-(1145/2)-32850-(1310/7)-42020
  • Scale VII - 76250-(2120/4)-85000
Note: Bank employee's salary do not come under Pay Commission governed by central body.
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