What is IBPS: Institute of Banking Personnel Selection (IBPS) is a self-governed recruiting agency founded for conducting competitive exams to appoint deserving young graduates in various public sector banks except State Bank of India (SBI). Likewise, all other recruitment boards IBPS conduct competitive exams, but these exams are exclusively held for bank jobs. However, IBPS established themselves as a standardized exam conducting authority and based on request it will also conduct exams for other organizations. In this section we are going to know in detailed about IBPS Full Form, the organization, its functions and the exams conducted by IBPS.
IBPS Full Form
|IBPS||Institute of Banking Personnel Selection|
What is IBPS
IBPS has now turned to be one of the leading recruiting organization for bank jobs. It implements world class processes for assessment and selection of suitable aspirants for various nationalized banks in India. The four Common Written Exams (CWEs) that will be conducted once in a year by IBPS are listed here.
- IBPS Probationary Officer (PO) Exam
- IBPS Specialist Officer (SO) Exam
- IBPS Regional Rural Banks (RRBs) Exam
- IBPS Clerk Exam
Large number of candidates will attempt these exams. Apart from these most competitive exams, IBPS also conducts recruitment based exams for State Bank of India, Co-operative banks, private banks, LIC & Insurance Companies and other financial institutions based on requisition received from competent authorities. Few of the other competitive exams are listed below.
- SBI Probationary Officer Exam
- SBI Clerk Exam
- SBI Specialist Officer Exam, etc.
Roles and Responsibilities of IBPS
The Chairman of Governing board of IBPS is Shri. Ashwani Kumar i.e. the Chairman & Managing Director of Dena Bank. As said above, the major role of IBPS is to help requesting organizations in personnel selection activities. Some of the projects that are frequently done by IBPS are,
- Promotion based tests
- Admission & Certification Exam tests
- Assessment Centres & Group Dynamics related Personality Assessments
Recruitment based projects: Lakhs of open market citizens participate in the recruitment based exams of IBPS. Incase of recruitments for PO/ SO/ RRB/ Clerk posts IBPS itself does the following tasks successfully. The participating banks will not take part in these activities.
- Issue notifications for competitive exams
- Collects applications by fixing deadline
- Collects Fee from participants
- Issue CWE Admit Cards for eligible applicants
- Conducts test in various centres within India
- Fix cut-offs for exams
- Does evaluation
- Declare Results for CWEs
- Release Score Cards for CWEs
- Shortlist candidates for next round of selection
- Issue call letters to the interview participants
After that, the participating organizations i.e. banks will only interview the contestants in co-ordination with nodal banks of particular state/ union territories. Candidates fulfilling the eligibility and desirable criteria set by participating organizations will be chosen for appointment finally.
IBPS have no role in issuance appointment order to competitors. It’s upto the decision of participating banks. Based on reservation policy and available number of vacancies in each branch of participating banks, deserving number of aspirants will be appointed to respective designations.
Promotion based projects: Based on requests sent by various banks, IBPS conducts various promotion based exams as follows. The number of participants in this promotion based exam is very less compared to other exams.
- MMGS-II to III
- MMGS-III to IV
- Sub-staff to Clerk, etc.
Admission Exams: For helping major universities and reputed management institutes IBPS conducts this Admission tests. Upto date, the number of admission tests conducted by IBPS is very less than other exams. Some of the organizations for which candidates are tested for management courses are,
- Baroda Manipal School of Banking
- Maharashtra National Law University
- Welingkar Institute of MGMT.DEV. & Research
- Directorate of Technical Education, etc.
IBPS Official Website
Official website: Every authorized organization will have an official website. Similarly, IBPS also has an official website. The website address is given below.
|IBPS Official website||www.ibps.in|
In the above said website only IBPS releases notifications or announces details about its recent projects. The website is specially designed with variety of sections like,
- About Us
- Important Events
- Volume of Activities
- Contact Us
On seeing the left side of homepage, you can see separate tabs for Vision of IBPS, Governing Body, Growth, Mock Test and FAQ’s.
Other notable sections available in homepage are CWE SO, CWE PO/ MT, CWE Clerk and CWE RRBs. To know about the latest updates of these four competitive exams, just click the concerned options. In that page you can see,
- Notification for IBPS CWE Exams
- Call Letter/ Shortlisted Candidate’s List
- Score Card details
- Results of Exams, etc.
Apply Online at IBPS SIFYITEST
Even if recruitment notices are published in above given website. The online applications for PO/ SO/ RRB/ Clerk exams should be submitted by aspirants through the sifyitest website of IBPS, which is given below.
|IBPS Online Application Submitting Website||www.ibps.sifyitest.com|
The Apply Online link of concerned exams/ posts will be available in www.ibps.in website also. But once you click the link, the page will automatically come to Sifyitest website. New users have to do Registration first, to fill the concerned application form for IBPS Exams.
|IBPS Official Site||www.ibps.in|