Institute of Banking Personnel Selection (IBPS) is an autonomous agency in India, which started its operation in 1975 as Personnel Selection Services (PSS). In 1984, IBPS became an independent entity at the behest of Reserve Bank of India (RBI) and Public Sector Banks. IBPS is envisioned as self-governed academic and research oriented Institute, with a mission of enhancing human-resource development through personnel assessment. In 2011, IBPS announced a Common Written Examination (CWE) for the selection Officers and Clerks in Indian banks. IBPS CWE is now mandatory for anyone who seeks an employment in 20 public sector and Regional Rural banks. IBPS periodically accepts the exam applications from the candidates at their website, and the exams are organized at various locations in the country in online mode.
As of 2014, the basic eligibility for appearing the IBPS recruitment is a university degree. There is an "age condition" which varies with the recruitment type and relaxation available to the candidates. Additionally, applicants to the Specialist cadre are required to have a professional qualification in Law, Accounting, Agriculture, IT or management sector. A certificate in computer operations or knowledge in computers has also been mandatory for posts other than specialist officers.
IBPS CWE is one among the most competitive examinations in India with a selection ratio of 1 out of 1000.Around 20 lakhs candidates appeared in CWE-3.The CWE syllabus and general instructions on filling IBPS online application will be provided in the exam notification. Each candidate will be intimated with the date and venue of the exam via a call letter, that will be available for download a few days after they register at the IBPS website. IBPS CWE is an objective type exam with negative marking for false answers. IBPS has made a complete change in the recruitment process which will evident effective from the new session 2015-2016. CWE will now be held in two tier i.e. Tier-I and Tier-II. Tier I will be an easier exam and more number of candidates will be qualified in this stage. Difficulty level in tier II will be high. The candidates who will qualify these two stages of CWE will be called for the interview.
IBPS forms a rank list once the exam and interview phases end. The same will be used to fill existing and upcoming vacancies in the participating banks for a period of one year from the date of announcement of the final results.
IBPS does not announce the final cut-off marks until the entire process of CWE and the interview is over. This often leaves candidates guessing the expected cut-off marks and not being able to know the exact cut-offs. The process of cut-offs is also then divided as per states. Which is based on fact that if a certain state has less number of vacancies, then the cut-off for that state is likely to go up and if a state has more number of vacancies, then the cut-off can be lower.
IBPS forms a rank list once the exam and interview phases end. The same will be used to fill existing and upcoming vacancies in the participating banks for a period of one year from the date of announcement of the final results.
IBPS does not announce the final cut-off marks until the entire process of CWE and the interview is over. This often leaves candidates guessing the expected cut-off marks and not being able to know the exact cut-offs. The process of cut-offs is also then divided as per states. Which is based on fact that if a certain state has less number of vacancies, then the cut-off for that state is likely to go up and if a state has more number of vacancies, then the cut-off can be lower.
