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Institute of Banking Personnel Selection has revised the IBPS PO Vacancy 2024 on its official website i.e. ibps.in. Previously, the total vacancies were 3955 but now after the revision in the vacancy, it has become 5973 for the posts of Probationary Officers. Candidates can check the details regarding the IBPS PO Vacancy 2024 here. Like any competitive exam, IBPS PO vacancy plays an important role in determining the level of competition. The number of vacancies becomes a crucial factor influencing preparation strategies and overall exam sentiment for candidates.
Note: Good news has flashed for candidates who have submitted their application forms for IBPS PO 2024-25. In an RTI reply, the Bank of Maharashtra and Bank of Baroda have declared 885 and 1133 vacancies respectively.
IBPS PO Vacancy 2024
Given the government’s emphasis on financial inclusion and the overall growth of the banking sector, this year the IBPS PO 2024 Vacancy announced is 5973 (revised as of November 2024). The vacancy has been made available bank-wise for each of the categories. As of now, out of 11 participating banks, 8 banks(Bank of Baroda, Bank Of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Overseas Bank, Punjab National Bank, Punjab & Sind Bank) have reported vacancies while 3 banks (Indian Bank, UCO Bank, and Union Bank Of India) have not reported any vacancies.
IBPS PO Vacancy 2024 |
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Participating Bank | SC | ST | OBC | EWS | UR | Total |
Bank of Baroda | 169 | 84 | 305 | 113 | 462 | 1133 |
Bank Of India | 132 | 66 | 238 | 88 | 361 | 885 |
Bank Of Maharashtra | NR | NR | NR | NR | NR | 885 |
Canara Bank | 90 | 45 | 160 | 75 | 380 | 750 |
Central Bank Of India | 225 | 112 | 404 | 150 | 609 | 1500 |
Indian Bank | NR | NR | NR | NR | NR | NR |
Indian Overseas Bank | 42 | 22 | 84 | 22 | 90 | 260 |
Punjab National Bank | 30 | 15 | 54 | 20 | 81 | 200 |
Punjab & Sind Bank | 63 | 34 | 109 | 30 | 124 | 360 |
UCO Bank | NR | NR | NR | NR | NR | NR |
Union Bank Of India | NR | NR | NR | NR | NR | NR |
Total | 657 | 332 | 1185 | 435 | 1846 | 5973 |
IBPS PO Vacancy Trend
The official vacancy figures for IBPS PO 2024 have been announced along with the official notification PDF. In recent years, the number of vacancies has shown a fluctuating pattern. While some years witnessed a significant surge in openings, others saw a relatively moderate figure. In the table below, we have provided the IBPS PO Vacancy Trend for 5 years.
IBPS PO Vacancy Trend | |
Year | Vacancies |
2024 | 5973 (3955+885+1133) |
2023 | 3049 |
2022 | 6432 |
2021 | 4135 |
2020 | 4799 |
Factors Influencing IBPS PO Vacancy
The numbers for IBPS PO Vacancy are decided after considering certain factors, some of which have been highlighted below.
- Economic Growth: A strong economy often translates into an expansion of banking services, leading to increased recruitment.
- Government Policies: Government initiatives focused on financial inclusion and digital banking can impact the demand for banking personnel.
- Bank-Specific Requirements: Individual banks’ expansion plans and workforce optimization strategies also play a role in determining IBPS PO Vacancy.
IBPS PO 2024 Preparation Tips
While knowing the vacancy count might influence the preparation strategy to some extent, candidates should focus on their preparation rather than relying on the numbers. The key to crack the IBPS PO exam lies in thorough preparation, consistent practice, and effective time management.
- Master the Syllabus: Ensure a detailed understanding of all sections mentioned in the IBPS PO Syllabus.
- Practice Regularly: Solve a mix of questions from IBPS PO Previous Year Papers and mock tests.
- Time Management: Develop strategies to optimize time during the exam as time management has a key role in banking exams.
- Stay Updated: Keep abreast of current affairs and banking industry trends for the General/Financial Awareness section.