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m The Recruitment process of IBPS exam was changed in 2011 not in 2012. Added the recruitment processes full forms which was not mentioned earlier. The basic information regarding the IBPS Exams was not mentioned earier like IBPS notification, how many banks takes part in IBPS recruitment, etc, covered this part too.
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m Just a Minor edit with better words that i changed previously
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Earlier, candidates had to write multiple exams conducted by each bank for their vacancies. But from 2011, the Recruitment process has been changed. Now IBPS conducts four different recruitment processes namely:
Earlier, candidates had to write multiple exams conducted by each bank for their vacancies. But from 2011, the Recruitment process has been changed. Now IBPS conducts four different recruitment processes namely:


# CRP PO/MT means Common Recruitment Process for Probationary Officers/Management Trainees.
# '''CRP PO/MT''': Stands for Common Recruitment Process for Probationary Officers/Management Trainees.
# CRP RRBs means Common Recruitment Process for Regional Rural Banks.
# '''CRP RRBs''': Stands for Common Recruitment Process for Regional Rural Banks.
# CRP Clerical means Common Recruitment Process for Clerical Cadre.
# '''CRP Clerical''': Stands for Common Recruitment Process for Clerical Cadre.
# CRP Specialist Officers means Common Recruitment Process for Specialist Officers.
# '''CRP Specialist Officers''': Stands for Common Recruitment Process for Specialist Officers.


The exams conducted by IBPS are as follows:
The exams conducted by IBPS are as follows:

Revision as of 22:48, 3 April 2023

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 under the ownership of 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 nationalised banks and regional rural banks in India. It also provides standardised systems for assessment and result processing services to organisations.

History

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, 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.[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 2011, the Recruitment process has been changed. Now IBPS conducts four different recruitment processes namely:

  1. CRP PO/MT: Stands for Common Recruitment Process for Probationary Officers/Management Trainees.
  2. CRP RRBs: Stands for Common Recruitment Process for Regional Rural Banks.
  3. CRP Clerical: Stands for Common Recruitment Process for Clerical Cadre.
  4. CRP Specialist Officers: Stands for Common Recruitment Process for Specialist Officers.

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.

The Institute of Banking Personnel Selection (IBPS) releases the IBPS Clerk vacancy along with the notification. The IBPS notification contains the information regarding Participating Banks, Eligibility Criteria, Pre-Examination training, Syllabus, etc. Every year almost 11 Public Sector Banks takes part in IBPS Recruitment[2]. IBPS Exams are conducted at National Level for the recruitment of all the posts mentioned above in the bullet points. The mode of exam is Computer Based Test (CBT), which is conducted online.

Governance

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

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]

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

  1. ^ History of IBPS
  2. ^ Kumar, Jatin (2 April 2023). "IBPS PO 2023 Exam Date Released, Notifications, Syllabus, Salary, Selection Process". Stackunfold. Retrieved 3 April 2023.{{cite web}}: CS1 maint: url-status (link)
  3. ^ IBPS Services