What is the Role of IBPS in Bank Recruitment?

The IBPS or Institute of Banking Personnel Selection is a government owned recruitment agency, the purpose of which is to encourage the recruitment of fresh graduates in the government sector banks in India. It provides a standardized assessment system for the benefit of various organisations. The Institute of Banking Personnel Selection [IBPS] conducts recruitments for a range of positions such as Bank PO, etc.Of all the posts, the IBPS PO is considered to be one of the most popular Bank exams in India. It consists of three stages, namely, IBPS PO Preliminary, IBPS PO Mains and the final Interview. To know more about the role of IBPS in Bank Recruitment, read on –

Role of IBPS in Bank Recruitment

IBPS functions as an autonomous body that is engaged in conducting competitive exams to recruit clerks and officers in the banking sector. Earlier, candidates had to write multiple exams for bank vacancies but since 2012, the process of recruitment has significantly changed with the IBPS conducting four recruitment processes – CRP, PO/MT, CRP RRBs, CRP Clerical, CRP Specialist Officers. 

The IBPS plays a very significant role in conducting exams for bank recruitment of the following types – 

• IBPS PO/MT – This exam is conducted for the recruitment of Probationary Officers and Management Trainees’ in the participating national public sector banks.
• IBPS SO – This exam is conducted for the recruitment of Specialist Officers. These officers are Scale-I officers in the national public sector banks.
• IBPS Clerk – This exam is conducted for the recruitment of clerks in the national public sector banks.
• IBPS RRB Officer Scale-I  – This exam is conducted for the recruitment of Scale-I Officers in Regional Rural Banks. This post is considered to be equivalent to Probationary Officers post in National Public Sector Banks.
• IBPS RRB Office Assistant  – This exam is conducted for the recruitment of Office Assistant in Regional Rural Banks. This post is considered to be equivalent to a Clerk post in National Public Sector Banks.
• IBPS RRB Officer Scale-II and Scale-III  – This exam is conducted for the recruitment of Scale-II and Scale-III Officers in Regional Rural Banks. This post of Officer Scale-II is considered to be equivalent to Specialist Officer post and Officer Scale-III post is equivalent to Senior Manager in National Public Sector Banks.

Other Roles of IBPS

IBPS fulfils its duties of offering posts to candidates for bank recruitment. The posts are designated to perform the duties that come under their job requirements in the banking sector. The IBPS also plays other roles, for instance – 

• Project consultation: Helps in providing assistance in conducting examinations for recruitment and promotion
• Offers Assessment centres: These centres help organisations in identifying the knowledge and skills of applicants for the suitable positions
• Organises workshops for people who design their own question papers
• Conducts Personality assessments using group exercises to identify the candidates’ higher cognitive skills
• Conducts Training programmes for senior staff to help develop their observational skills.
• Provides a lists of experts who can conduct interviews or group exercises effectively

Application Process

The application process for IBPS is completely online. Candidates must follow certain steps to appear for the IBPS PO examination –

• Log on to the official website of IBPS, i.e, www.ibps.in. Then, click on the ‘Home Page’, and then click on the exam you wish to apply for.
• Register as a new applicant and generate your provisional registration number and password. These details will also be sent via email and SMS but note them down to be on the safer side. 
• Scanned copies of documents like – Photograph, Signature, Left Thumb Impression and Hand-written Declaration Image are to be uploaded next by the candidate.
• Click on ‘Final Submit’ after personally checking all the entered information and pay the applicable fees/charges.
• Once the e-receipt has been generated, take a printout of both the e-receipt as well as the application form.
• Candidates must fill up the form with attention especially while entering details in the online application form such as Name, Birth Date, Address, Category, Contact Number, Email ID, Preferred Centre, Registration of preferences of participating organisations as these can not be edited subsequently.

Participating Banks

Today IBPS holds recruitment exams for 19 public sector banks across India. Have a look at the 16 participating banks –

• Allahabad Bank
• Punjab National Bank
• Bank of India
• Punjab & Sind Bank
• Bank of Maharashtra
• Indian Overseas Bank
• Andhra Bank
• Oriental Bank of Commerce
• Bank of Baroda
• Syndicate Bank
• Canara Bank
• UCO Bank
• Dena Bank
• Union Bank of India
• Central Bank of India 
• United Bank of India
• Corporation Bank
• Vijaya Bank
• Indian Bank

So, this was all about the role of IBPS in bank recruitment. We hope you received the information you needed. For more such informative content, follow Leverage Edu. on Facebook, Instagram, and LinkedIn.