Common Exam helps Indian Public Sector Banks Recruitments
Banks in India were conducting separate examinations to fill their entry level PO & clerk vacancies. The entire activity which includes inviting applications, appearing for exams, announcing results & interviews comes to an end after 8-10 months. To cut short on this time, The Government of India made changes by introducing the common test in 2011.
IBPS was given the task of conducting common tests for entry level postings such as probationary officer and clerk in Indian public banks. After evaluating, minimum cutoffs are fixed based on the number of vacancies for that year. Following this, scorecards were also sent to those candidates who qualified in the exams. Using this card, candidates can apply to all banks without the need to prepare and write exams for individual banks each time.
Following the publication of PO exam results in January, many public sector banks had issued recruitment calls along with the necessary eligibility conditions like age, educational qualifications and the minimum required score of common exam. Banks on their part would shortlist those applicants who are found to be eligible and limit the number of candidates moving to interview within certain limit. This shortlisting is done by just sorting the scores of candidates from the applications received.
The number of people selected to be interviewed could differ for each category (General, OBC, ST, SC etc.) as banks fix ratios such as 1:3 or 1:5.In some cases this may increase. Hence based on the vacancies available in each category, banks are fixing cutoffs.
The interviews shall be held at major cities where candidates would be tested on their banking knowledge, personality and general awareness. Once it's over, candidates are ranked according to their final scores and are offered appointment. The decision to join or to apply for banks wrests with the applicant. But if he or she opts to join, a service bond must be singed agreeing to work with the bank for a specified period of time failing which already mentioned amount must be paid to the bank. Incase the appointee wants to quit the bank; he or she must pay the agreed amount and leave the organization.
A similar process is also in place to recruit for clerical positions in banks. The only difference being the state wise vacancy list for clerks. Due to this, the minimum scores or cutoffs also differ for each state.
IBPS was given the task of conducting common tests for entry level postings such as probationary officer and clerk in Indian public banks. After evaluating, minimum cutoffs are fixed based on the number of vacancies for that year. Following this, scorecards were also sent to those candidates who qualified in the exams. Using this card, candidates can apply to all banks without the need to prepare and write exams for individual banks each time.
Following the publication of PO exam results in January, many public sector banks had issued recruitment calls along with the necessary eligibility conditions like age, educational qualifications and the minimum required score of common exam. Banks on their part would shortlist those applicants who are found to be eligible and limit the number of candidates moving to interview within certain limit. This shortlisting is done by just sorting the scores of candidates from the applications received.
The number of people selected to be interviewed could differ for each category (General, OBC, ST, SC etc.) as banks fix ratios such as 1:3 or 1:5.In some cases this may increase. Hence based on the vacancies available in each category, banks are fixing cutoffs.
The interviews shall be held at major cities where candidates would be tested on their banking knowledge, personality and general awareness. Once it's over, candidates are ranked according to their final scores and are offered appointment. The decision to join or to apply for banks wrests with the applicant. But if he or she opts to join, a service bond must be singed agreeing to work with the bank for a specified period of time failing which already mentioned amount must be paid to the bank. Incase the appointee wants to quit the bank; he or she must pay the agreed amount and leave the organization.
A similar process is also in place to recruit for clerical positions in banks. The only difference being the state wise vacancy list for clerks. Due to this, the minimum scores or cutoffs also differ for each state.
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