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{{Short description|Indian government agency}}
{{pp-pc1}}
{{pp-pc}}
{{pp-pc|small=yes}}
{{pp-pc|small=yes}}
{{use dmy dates|date=January 2019}}
{{use dmy dates|date=January 2019}}
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| merger =
| merger =
| type = [[Government of India|Central Recruitment Agency]]
| type = [[Government of India|Central Recruitment Agency]]
| vat_id =
| tax_id = <!-- or | vat_id = (for European organizations) -->
| registration_id = <!-- for non-profit org -->
| registration_id = <!-- for non-profit org -->
| status =
| status =
| purpose = Recruitment of [[Public sector banks in India|Government owned Bank Personnel]]
| purpose = Recruitment of [[Public sector banks in India|Government Banker]]s
| professional_title =
| professional_title =
| headquarters = [[Mumbai]], India
| headquarters = [[Mumbai]], India
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| sec_gen = <!-- or | gen_sec for General Secretary -->
| sec_gen = <!-- or | gen_sec for General Secretary -->
| leader_title = Chairman
| leader_title = Chairman
| leader_name = Mr.Rajkiran Rai G
| leader_name = Shri Matam Venkata Rao
| leader_title2 = Director
| leader_title2 = Director
| leader_name2 = Shri Harideesh Kumar B
| leader_name2 = Shri Harideesh Kumar B
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| key_people =
| key_people =
| main_organ =
| main_organ =
| parent_organization = [[Ministry of Finance (India)|Ministry of Finance]] , [[Government of India]]
| parent_organization = [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]
| subsidiaries =
| subsidiaries =
| secessions =
| secessions =
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}}
}}


The '''Institute of Banking Personnel Selection''' (IBPS) is a [[Government of India|central recruitment agency]] under the [[ownership]] of [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]] that was started with an aim to encourage the recruitment and placement of young [[undergraduates]], [[postgraduates]] and [[doctorates]] at the rank of '''Group 'A'''' officer, '''Group 'B'''' officer, '''Group 'C'''' employee and '''Group 'D'''' employee in [[Ministry of Finance (India)|nationalised bank]]s and [[Ministry of Finance (India)|regional rural bank]]s in India. It also provides standardised systems for assessment and result processing services to organisations.
The '''Institute of Banking Personnel Selection''' (IBPS) is a [[Government of India|central recruitment agency]] operating under the [[ownership]] of the [[Ministry of Finance (India)|Ministry of Finance]] in the [[Government of India]] that was started with an aim to encourage the recruitment and placement of young [[undergraduates]], [[postgraduates]] and [[doctorates]] at the rank of '''Group 'A'''' officer, '''Group 'B'''' officer, '''Group 'C'''' employee and '''Group 'D'''' employee in [[Ministry of Finance (India)|nationalised bank]]s and [[Ministry of Finance (India)|regional rural bank]]s in India. It also provides standardised systems for assessment and result processing services to organisations.


==History==
==History==
After [[Banking in India#Nationalisation in 1969 and 1980|nationalisation]] of banks in India in 1969, Indian banks needed to expand their branch network across the country so that they were more accessible to their customers. This required more staff but recruitment through methods such as advertising were unsatisfactory. Thus, the banks asked the National Institute of Bank Management (NIBM) to design a selection testing process through which they could hire proficient candidates. And as a result, a small unit named Personnel Selection Services (PSS) was established to handle these types of projects. A few years later, in 1984, PSS was converted into IBPS.<ref>[http://www.ibps.in/about-us/historical-background/ History of IBPS]</ref>
After [[Banking in India#Nationalisation in 1969 and 1980|nationalisation]] of banks in India in 1969, Indian banks needed to expand their branch network across the country so that they were more accessible to their customers. This required more staff but recruitment through methods such as advertising were unsatisfactory. Thus, the banks asked the National Institute of Bank Management (NIBM) to design a selection testing process through which they could hire proficient candidates. And as a result, in 1984, following several years of operation, PSS underwent transformation and evolved into the Institute of Banking Personnel Selection (IBPS). This transformation marked a significant step in streamlining and centralizing the recruitment process for various positions within the banking sector.<ref>[http://www.ibps.in/about-us/historical-background/ History of IBPS]</ref>


'''IBPS''' currently functions as an autonomous body that is mainly engaged in conducting competitive exams for recruitment to clerical and officers' posts in the banking sector.
IBPS currently functions as an autonomous body that is mainly engaged in conducting competitive exams for recruitment to clerical and officers' posts in the banking sector.


Earlier, candidates had to write multiple exams conducted by each bank for their vacancies. But from 2012, the Recruitment process has been changed. Now IBPS conducts four different recruitment processes namely CRP PO/MT, CRP RRBs, CRP Clerical, CRP Specialist Officers under which various exams take place every year for banking sector recruitment. The exams conducted by IBPS are as follows:
Earlier, candidates had to write multiple exams conducted by each bank for their vacancies. But from 2012, the Recruitment process has been changed. Now IBPS conducts four different recruitment processes namely CRP PO/MT, CRP RRBs, CRP Clerical, CRP Specialist Officers under which various exams take place every year for banking sector recruitment. The exams conducted by IBPS are as follows:
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==Governance==
==Governance==
IBPS is governed by a board that includes nominees from government organisations such as the [[Reserve Bank of India]], [[Ministry of Finance (India)|Ministry of Finance, Government of India]], [[Indian Institute of Technology Mumbai]], [[Indian Institute of Banking and Finance]], [[National_Institute_of_Bank_Management_(Pune)|National Institute of Bank Management]], [[Indian Banks' Association]] and the [[Public sector banks in India|government owned banks]].
IBPS is governed by a board that includes nominees from government organisations such as the [[Reserve Bank of India]], [[Ministry of Finance (India)|Ministry of Finance, Government of India]], [[Indian Institute of Technology Mumbai]], [[Indian Institute of Banking and Finance]], [[National Institute of Bank Management (Pune)|National Institute of Bank Management]], [[Indian Banks' Association]] and the [[Public sector banks in India|government owned banks]].


==Services==
==Services==
IBPS offers its services to banks in the [[Public sector banks in India|government]] and [[List of banks in India#Private sector banks|private sectors]], regional rural banks, and [[List of banks in India#Foreign banks|foreign banks]]. It also serves other financial institutions, including [[List of banks in India#Cooperative banks|co-operative banks]], insurance companies, academic institutions, and both private- and state-owned companies.{{cn|date=August 2017}}
IBPS offers its services to banks in the [[Public sector banks in India|government]] and [[List of banks in India#Private sector banks|private sectors]], regional rural banks, and [[List of banks in India#Foreign banks|foreign banks]]. It also serves other financial institutions, including [[List of banks in India#Co-operative banks|co-operative banks]], insurance companies, academic institutions, and both private and state-owned companies.{{citation needed|date=August 2017}}<ref>{{Cite news |date=13 Sep 2011 |title=IBPS – The gateway to a career in public sector banks – history, foundation and functions |url=https://www.jagranjosh.com/articles/ibps-the-gateway-to-a-career-in-public-sector-banks-history-foundation-and-functions-1311924733-1 |work=Jagran Josh}}</ref>


The services are:<ref>[http://www.ibps.in/services-offered-by-ibps/ IBPS Services]</ref>
The services are:<ref>[http://www.ibps.in/services-offered-by-ibps/ IBPS Services]</ref>
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==External links==
==External links==
*{{official website|http://ibps.in/}}
*{{official website|http://ibps.in/}}

[[Category:Banking in India]]
[[Category:Banking in India]]
[[Category:Employment agencies of India]]
[[Category:Employment agencies of India]]

Latest revision as of 02:13, 22 August 2024

Institute of Banking Personnel Selection
AbbreviationIBPS
Formation1975; 49 years ago (1975)
TypeCentral Recruitment Agency
PurposeRecruitment of Government Bankers
HeadquartersMumbai, India
Region
India
Official language
English and Hindi
Chairman
Shri Matam Venkata Rao
Director
Shri Harideesh Kumar B
Parent organization
Ministry of Finance, Government of India
Websitewww.ibps.in

The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates, postgraduates and doctorates at the rank of Group 'A' officer, Group 'B' officer, Group 'C' employee and Group 'D' employee in nationalised banks and regional rural banks in India. It also provides standardised systems for assessment and result processing services to organisations.

History

[edit]

After nationalisation of banks in India in 1969, Indian banks needed to expand their branch network across the country so that they were more accessible to their customers. This required more staff but recruitment through methods such as advertising were unsatisfactory. Thus, the banks asked the National Institute of Bank Management (NIBM) to design a selection testing process through which they could hire proficient candidates. And as a result, in 1984, following several years of operation, PSS underwent transformation and evolved into the Institute of Banking Personnel Selection (IBPS). This transformation marked a significant step in streamlining and centralizing the recruitment process for various positions within the banking sector.[1]

IBPS currently functions as an autonomous body that is mainly engaged in conducting competitive exams for recruitment to clerical and officers' posts in the banking sector.

Earlier, candidates had to write multiple exams conducted by each bank for their vacancies. But from 2012, the Recruitment process has been changed. Now IBPS conducts four different recruitment processes namely CRP PO/MT, CRP RRBs, CRP Clerical, CRP Specialist Officers under which various exams take place every year for banking sector recruitment. The exams conducted by IBPS are as follows:

  • IBPS PO/MT exam takes place for the recruitment of Probationary Officers and Management Trainees' in the participating banks, which are national public sector banks.
  • IBPS SO exam takes place for the recruitment of Specialist Officers, which are Scale-I officers in the national public sector banks.
  • IBPS Clerk exam takes place for the recruitment of clerks in the national public sector banks.
  • IBPS RRB Officer Scale-I exam takes place for the recruitment of Scale-I Officers in Regional Rural Banks, this post is equivalent to Probationary Officers post in National Public Sector Banks.
  • IBPS RRB Office Assistant exam takes place for the recruitment of Office Assistant in Regional Rural Banks, this post is equivalent to Clerk post in National Public Sector Banks.
  • IBPS RRB Officer Scale-II and Scale-III exam takes place for the recruitment of Scale-II and Scale-III Officers in Regional Rural Banks, the post of Officer Scale-II is equivalent to Specialist Officer post and Officer Scale-III post is equivalent to Senior Manager in National Public Sector Banks.

Governance

[edit]

IBPS is governed by a board that includes nominees from government organisations such as the Reserve Bank of India, Ministry of Finance, Government of India, Indian Institute of Technology Mumbai, Indian Institute of Banking and Finance, National Institute of Bank Management, Indian Banks' Association and the government owned banks.

Services

[edit]

IBPS offers its services to banks in the government and private sectors, regional rural banks, and foreign banks. It also serves other financial institutions, including co-operative banks, insurance companies, academic institutions, and both private and state-owned companies.[citation needed][2]

The services are:[3]

  • Project consultation: assistance in conducting examinations for recruitment and promotion
  • Assessment centres that help organisations in identifying the knowledge and skills of applicants for the suitable positions
  • Personality assessments using group exercises and interviews to identify the candidates’ higher cognitive skills
  • Training programmes for senior staff to help develop their observational and interviewing skills
  • Workshops for people who design their own question papers
  • Lists of experts who can conduct interviews or group exercises effectively

References

[edit]
  1. ^ History of IBPS
  2. ^ "IBPS – The gateway to a career in public sector banks – history, foundation and functions". Jagran Josh. 13 September 2011.
  3. ^ IBPS Services
[edit]
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