About IBPS:

Banking jobs are most demanding jobs in india

If you are looking for the a Job, then you are at right place. In this year, a large number of Bank jobs have to come in Government-publicsector/Nationalized banks/Govt undertaking Banks, Scheduled Banks and Leading Private Indian Banks .

Every year lakhs of applicants are applying for these vacancies in banks. The system of Indian banking is very strong. More than 7 lakhs people are working in Indian public sector banks presently.

In this year all job seekers have a great chance to get bank jobs because in the coming 2-3 years lakhs of bank employees are retiring from the Indian banking industry and thereby creating a huge number of vacancies.

Presently all public sector banks are recruiting employees through exam conducted by Institute of Banking Personnel Selection (IBPS).

SBI is conducting their recruitment exam separately. According to National skill Development Corporation, The banking sector will organize exam to fill 14 lakh vacancies to jobseekers up to 2022.

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 29 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. Aspirants have to go through interview process after clearing the online test conduct by the IBPS. On the basis of interview candidates placed in respective banks.

Governing Board of IBPS: The Governing Board consists of nominees from Reserve Bank of India, Ministry of Finance Government of India, and National Institute of Bank Management, representatives of Public Sector Banks, Insurance sector and academics. The matters related to policy and affairs of the Institute are vested in the Governing Board.

  • Allahabad Bank
  • Andhra Bank
  • Bank of Baroda
  • Bank of India
  • Bank of Maharashtra
  • Bharatiya Mahila Bank
  • Canara Bank
  • Central Bank of India
  • Corporation Bank
  • Dena Bank
  • EXIM BANK
  • IDBI Bank
  • Indian Bank
  • Indian Overseas Bank
  • Oriental Bank of Commerce
  • Punjab National Bank
  • Punjab & Sind Bank
  • Syndicate Bank
  • Union Bank of India
  • United Bank of India
  • UCO Bank
  • Vijaya Bank
  • Export Credit Guarantee Corporation of India
are members of this organisation.

These exams basically contain the following subjects :

  • English: This test checks the candidate’s proficiency in the English Language in many ways. It includes objective questions that test the grammar, vocabulary, knowledge of antonyms, synonyms, and comprehension of a passage, ability to complete a sentence, etc. If necessary, there will be a direction before the question.
  • Numerical Ability: As of you know, clear understanding of the core mathematics is an essential requirement for a banker. This test aims to find the candidate’s calculation speed and ability to deal with numbers, and real-world problems.
  • Reasoning: This exam evaluates the candidate’s capability to think and respond. It includes the graphical questions as well as general brain-teasing problems that require logical understanding, comparison skills, mathematical skills, and a fairly good knowledge of the English language.
  • General Awareness: Emphasis is given to the banking sector when it comes to IBPS Exam’s segment on General Knowledge. IBPS often asks questions from topics like the history of banking in India, Insurance, Banking terms, New-age banking, Investment sectors, roles of the RBI, economic policies of the current government, etc.
  • Quantitative Aptitude: In simple terms, the QA exam in IBPS syllabus is a mix of Reasoning and Numerical Ability tests, questions being in an advanced level. It focuses on examining how fast a candidate’s logical and arithmetic thinking works when different types of data inputs (graphs, tables, images, etc.) are given for consideration.
  • Computer Knowledge: Whole of the banking industry now relies on computers and information technology, no other reason why IBPS has a test of computers in their syllabus. We have seen questions on browsers, security, MS Office (especially Excel and Word), Operating systems, shortcuts, and computer hardware, etc. in this portion.
  • Professional knowledge: IBPS’s specialist and RRB syllabuses include an advanced assessment section called “professional knowledge,” to examine a candidate’s mastery in some special duties that banking industry thinks important. It includes questions on subjects like Business, HR, Marketing, IT, Law, Engineering, Finance, Accounting, Agriculture Science, etc.
IBPS eligibility norms related to Nationality/Citizenship

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As in any government organization in our country, Indian Nationals are straightaway qualified, they can apply for IBPS Bank Exams if the age and educational requirements are met. Residents of our neighbours/ other recognised nations are also eligible under certain conditions, as explained above.

Bank Exam Eligibility: Age and Education

The second and most important part of the IBPS eligibility criteria is age and education

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  • The minimum educational requirement for a candidate wishing to appear for Bank Exams in 2016 is a bachelor’s degree.
  • Professional qualification and relevant experience are a must for higher officer posts.
  • Some IBPS posts require the applicants to have basic knowledge in computers and proficiency in local languages.
  • Aspirants in the final year of their study or waiting for the result are not eligible.
Coming to the IBPS’s age criteria, the typical age range in which you’re able to apply is 20-30. However, relaxation is applicable for the reserved candidates; you can read the details below.

Eligibility for IBPS’s Bank Clerk Recruitment in 2016

The latest requirement as of 2016 is a pass in the degree course.

Age Limit for General category: 20-28 as on 01-08-2016*.

Relaxation is applicable as per the category.

The relaxation benefit is cumulative, up to one additional category. That means, for example, a widow with a disability applying for IBPS exam is eligible to get a relaxation of 19 years (9+10) in the upper age limit. However, she cannot claim the benefit of any other category.

Other requirements:

Computer Literacy. Candidates must have studied computer as a subject in school or degree level; the remaining people have to provide a certificate to prove their proficiency.

Candidates should be able to read, write and speak the local language of the State from which they are applying for the IBPS Clerk Exam.

India’s largest bank SBI has started inviting applications from eligible graduates and post-graduates to the post of Specialists to SBI group of banks (SBT, SBM, SBH, SBBJ, SBP) spread across the country.

Recruitments through IBPS

IBPS Recruitment for PSBs follows 2 or 3 tier scheme. While IBPS RRB & SO recruitment are two phase processes, IBPS PO & Clerk consists of three stages. The first phase is Common written examination, followed by Interview and the final placement.

  • CWE PROBATIONARY OFFICER/MT: Recruitment of Probationary Officers or Management Trainees. It is a three tier recruitment process consisting of a Preliminary exam of 100 marks of 60 minutes duration, followed by a main exam for shortlisted candidates, of 200 marks with a duration of 120 minutes followed by an Interview.
  • CWE Clerk: Recruitment in Clerical Cadre. It is a 3 tier process following the same pattern as of PO/MT exam. exam_img

  • CWE Specialist Officer: Recruitment of IT, LAW, engineering, marketing and other professionals. It is a two tier recruitment process consisting of an online written exam followed by an interview. exam_img

  • CWE RRB Officers and Assistants: Recruitment of Officers & Office assistant to Regional Rural Banks (RRBs) governed by NABARD. It is also a 2 tier recruitment process with a main exam of 200 marks followed by an interview of shortlisted candidates.From RRB IV (2015-16) the interviews are conducted by IBPS itself unlike in the previous drives (I,II and III) where interviews were conducted by participating RRBs as and when vacancies arose


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STATE BANK OF INDIA:

  • With a glorious history of more than 200 years blended with futuristic outlook, State Bank of India stands as the proxy for the Indian Economy. The Bank with its customer centric approach values transparency and nurtures knowledge and learning. It believes in the quality of its people and their efforts and therefore takes continuous initiative for hiring the best talent and ensuring their development, motivation and growth.
  • The Bank offers excellent career opportunities to dynamic individuals. In addition to exposure to a variety of banking segments, the Bank also provides personal growth opportunity to the individuals.


JOB OPPORTUNITIES:

Probationary Officers

This is the Junior Management Level direct entry point for dynamic young graduates. A Probationary officer gets exposed to challenging assignment as also gets the opportunity to involve in nation building developmental activities. The opportunities include working in Personal banking, Rural Banking, Credit, Forex, Treasury etc.

Special Management Executives

The Bank also makes direct recruitment to the Middle Management grades. The post offers faster growth opportunities to the right candidate. Specialist Cadre Officers Chartered Accountants, Analysts, Statisticians, Risk Raters, Economists, Lawyers, Engineers, System Engineers, Rajbhasha Officers etc are recruited in various grades by the Bank in Specialist cadre with opportunities for career advancement.

Assistants

Young graduates are recruited as Assistants (clerical cadre). The Bank is offering fast track growth opportunities as the Assistants are eligible for promotion on completion of 3 years' service.

Importance of the SBI PO Eligibility Criteria 2016:

For that purpose the Bank has set SBI PO eligibility Criteria and the candidates who fulfill these criterions would be able to fill the application form online and take the test. The eligibility criteria are thus one of the most important things to look out for before going on to fill the Application form. The candidates who would be found not following the eligibility criteria would not be allowed to take the examination and would be robbed off their candidature.

Details for the SBI PO Eligibility Criteria 2016:

1.Age:

The candidates must be aged between 21 years to 30 years of age as on 1 April 2015. In other words, only those candidates taking birth between 02 April 1985 to 01 April 1994 would be eligible for Application. However there is also a provision of age relaxation as per the constitutional Affirmation policy which has been explained below. The upper age of the candidates has been relaxed depending upon the category from which they come from. The year relaxed as per the SBI PO 2016 Eligibility criteria is as followed:

  • OBC Candidates – 03 years.
  • SC/ST Candidates, Ex-servicemen (includes Emergency Commissioned Officers/Short Service Commissioned Officers) who have given 5 years of military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year) other than through dismissal on charge of misconduct/inefficiency/physical disability. 3. Those who are domiciled in Kashmir division of the state of J&K between 1 January 1981 and 31 December 1990 – 5 years.


2.Nationality:

The candidates who want to apply for the SBI PO 2016 must be an Indian Citizen. For the migrated candidates, refer to the detailed brochure of the examination.

3.Educational Qualification:

According to the SBI PO 2016 Eligibility Criteria, the candidate must follow the following educational criteria:

• The candidates must be a graduate in any discipline from a state or central recognized university or possess any other equivalent qualification recognized as such by the Central Government.
• Aspirants who are appearing in the Final year/Semester of their Graduation will also be eligible to apply but solely on the provisional basis.
• It is compulsory for such candidates to produce proof of having passed their graduation final examination as per the deadline to be stipulated by the bank.

Nationality:

• Applicant must be a citizen of India.

Age Limit:

As per the SBI Clerk Eligibility Criteria 2016, age limit of the candidate must be between 20 to 28 years. Candidate must be born between 2 May 1987 and 1 May 1995 (both days inclusive). Relaxation in the upper age will be applied as per the norms of the government.

Educational Qualification:

Candidate must be a graduate or equivalent degree holder from a state or centrally recognized university. Final year students of graduation may also apply subject to the condition that if they are called for personal interview, they must produce relevant proof of having passed the graduation examination on or before 31 August 2015.

Age Relaxation:

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Footnotes:

  • According to the norms of SBI Clerk Eligibility Criteria, candidate must be able to write and speak English.
  • Applicants must be aware of local language.
  • Date of passing the examination will be taken from the last congregate mark-sheet/provisional certificate as issued by the university physically or posted on the official website.
  • Matriculate Ex-servicemen, who have acquired the Indian Army Special Certificate of Education or corresponding certificate in the Navy/Air Force, on completing the course not less than 15 years of service in Armed Forces of the Union are also eligible.