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The IBPS (Institute of Banking Personnel Selection) plays an important role in the recruitment of individuals for the different institutions in India, especially Banks and Financial Institutions.
History: The origin of IBPS dates back to the nationalisation of banks in 1969, NIBM (National Institute of Bank Management) was formed for research and training. Subsequently, a vertical Personnel Selection Service (PSS) was created for selection and training purposes. Finally, in 1984, the PSS evolved into the IBPS an autonomous body for recruitment and training.
Roles of IBPS in Bank Recruitment
IBPS provides a standard and transparent recruitment process for banks. The primary activities of recruitment have a broad domain:
- Conducting CRP (Common Recruitment Process): The IBPS conducts CRPs for various positions for the 11 participating banks, including PO, Clerk and SO. In 2024, CRP XIV shall be conducted for Clerk, PO & SO and CRP RRB XIII for Regional Rural Banks.
- Organising and Conducting Examination & Interview: The IBPS is responsible for organising and conducting online written examinations and interviews for various positions for various positions across the nation. This includes the preparation of question papers, the administration of exams, and the evaluation of candidates’ performance.
- Transparency and Fairness: The IBPS plays a crucial role in ensuring transparency and fairness throughout the recruitment process. It follows strict guidelines and best practices to maintain the integrity of the selection process, minimizing the potential for any discrimination.
Standard Recruitment Process
Before IBPS was established, each bank had its own selection criteria, examination patterns, and evaluation methods. IBPS introduced a unified recruitment process, providing a common platform for aspirants to apply for positions in participating banks through a single examination process.
Skill Development
Other than recruitment, IBPS also contributes to capacity building and skill development within the banking sector. Through its training programs, workshops, and research initiatives, IBPS helps in enhancing the skill sets of banking professionals.
Adaptability
IBPS has shown remarkable adaptability in response to the evolving needs of the banking sector. IBPS regularly updates its examination patterns and syllabus to reflect these changes, ensuring that the recruited personnel are well-equipped to handle contemporary banking challenges.
IBPS- Participating Banks
There are 11 participating banks i.e. CRP Clerk, PO, RRB & SO exam is conducted for the 11 Public Sector Banks (PSBs). They are listed in the table below.
IBPS- Participating Banks | |
Bank of Baroda | Bank of India |
Bank of Maharashtra | Canara Bank |
Central Bank of India | India Overseas Bank |
Indian Bank | Punjab & Sind Bank |
Punjab National Bank | UCO Bank |
Union Bank of India |