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Institute of Banking Personnel Selection

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.

Institute of Banking Personnel Selection
Institute of Banking Personnel Selection (IBPS)
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

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

External links edit

  • Official website

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This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral Please help improve it by replacing them with more appropriate citations to reliable independent third party sources November 2015 Learn how and when to remove this message This article s tone or style may not reflect the encyclopedic tone used on Wikipedia See Wikipedia s guide to writing better articles for suggestions July 2016 Learn how and when to remove this message A major contributor to this article appears to have a close connection with its subject It may require cleanup to comply with Wikipedia s content policies particularly neutral point of view Please discuss further on the talk page July 2016 Learn how and when to remove this message This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources Institute of Banking Personnel Selection news newspapers books scholar JSTOR January 2019 Learn how and when to remove this message Learn how and when to remove this message 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 Institute of Banking Personnel SelectionInstitute of Banking Personnel Selection IBPS AbbreviationIBPSFormation1975 49 years ago 1975 TypeCentral Recruitment AgencyPurposeRecruitment of Government BankersHeadquartersMumbai IndiaRegionIndiaOfficial languageEnglish and HindiChairmanShri Matam Venkata RaoDirectorShri Harideesh Kumar BParent organizationMinistry of Finance Government of IndiaWebsitewww wbr ibps wbr in Contents 1 History 2 Governance 3 Services 4 References 5 External linksHistory editAfter 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 editIBPS 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 editIBPS 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 effectivelyReferences edit nbsp Banks portal History of IBPS IBPS The gateway to a career in public sector banks history foundation and functions Jagran Josh 13 September 2011 IBPS ServicesExternal links editOfficial website Retrieved from https en wikipedia org w index php title Institute of Banking Personnel Selection amp oldid 1216154539, wikipedia, wiki, book, books, library,

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