What Is The IBPS Full Form?
IBPS Full Form: IBPS stands for Institute of Banking Personnel Selection. It’s an impartial group which conducts on-line exams to recruit officers, clerks and trainees in public sector banks in India. It’s based mostly in Mumbai, India. The institute conducts totally different exams for various positions in public sector banks that are listed beneath:
IBPS Full Form- Institute of banking personnel selection
- IBPS Clerk Exam for clerical positions
- IBPS PO Exam for Probationary Officers
- IBPS SO Exam for Specialist Officers
IBSC RRB Examination for Officers and workplace assistants in Regional Rural Banks
Its imaginative and prescient is to develop and implement world class processes and techniques for the evaluation and choice of personnel in a good method for shopper organizations and conduct related analysis and publicize the results. Money Source Guide
IBPS is led by the Governing Board. Its director acts as its Chief Executive Officer and performs his tasks and duties in coordination with the Divisional Heads. Shri Ashwani Kumar is the current Chairman and Managing Director of IBPS.
IBPS periodically conducts online exams. It accepts on-line examination purposes at its web site and exams are performed in a number of places throughout the nation.
- It began its operation as Personnel Choice Providers (PSS) in 1975.
- In 1984, with the permission of Reserve Bank of India (RBI) and public sector banks, it became an independent body.
- In 2011, it began conducting Widespread Written Examination (CWE) to recruit candidates in public sector banks.
Today CWE of IBPS is mandatory to get employment in the public sector or regional rural banks.
Functions of Institute of Banking Personal Selections (IBPS)
Banking Personnel Selection Institute (IBPS) conducts various activities of recruitment, promotion, evaluation center etc. The contribution of IBPS in these areas is as follows:
Recruitment: IBPS plays a very big role in the recruitment of a cadre of officer, clerk and specialist officer. All these recruitment examination projects involve lakhs of candidates every year.
It conducts examination for various organizations like public sector banks, regional rural banks, cooperative banks, private banks etc. These recruitment examinations include General Recruitment Process (CRP) PO / MT, CRP Clerk, CRP RRBs etc.
Promotion: IBPS is contributing to the entire banking sector by providing valuable services in terms of promotion and placement programs at various levels.
Apart from the above two services, IBPS also conducts entrance examination projects for various universities and institutes;
Assesses the skill and ability of candidates to participate in exams for various purposes such as recruitment or promotion or placement; Evaluation of group dynamics related personality traits and projects where only applications are registered.
Overall, the IBPS provides its services to all reputed organizations like the Reserve Bank of India, National Agricultural and Rural Development, Public Sector Banks, State Bank of India and its affiliates, some cooperative banks, Small Industries Development Bank of India. LIC and Insurance companies who are regular members of IBPS Society
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According to the official website of IBPS, 1.01 crore candidates had applied for CRP PO / MT, CRP Clerical, CRP RRB and various other examinations conducted by the Institute of Banking Personal Selection (IBPS) during the year 2018-19. IBPS has been recognized as a premier “Personnel Selection Test Practicing Agency”.
Except RBI, almost all public sector and rural banks accept the IBPS score. Some of them are listed below:
- Allahabad Bank
- Bank of Baroda
- Bank of India
- Central Bank of India
- Dena Bank
- Indian Overseas Bank
- Oriental Bank of Commerce
- Punjab National Bank
- Union Bank of India
- UCO Bank
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