Human resourcing is an important task in any sector. Growth of a particular sector depends on proper resourcing of human skills. However, human resourcing is an economical burden and also time consuming. Many private sectors have adopted to depend on external agencies for resourcing skills. Government too has the culture of establishing certain boards, commissions for recruitment solutions. For example, RRB for recruiting railway employees, UPSC for various administrative services etc. For banking sector, there was not a proper recruiting body to provide economically cheap and top notch recruitment solutions. Now, Institute of Banking Personnel Selection (IBPS) is a premier body established for recruitment solutions to banking sector.
In the past, each bank had to find its own recruitment process to employee people. Every bank used to conduct a separate written examination to select top skills. The basic process involved was, announcing release of notification, accepting applications, allocating centers for written examination, screening the answer sheets, publishing results, interviewing top skills. Every bank used to follow the same procedure individually. The major demerits of these procedures employed by individual banks are economical burden, time consumption, inability of some banks to conduct tests all over India etc. Despite all these, economical burden is the major concern. Another important concern from the applicant’s side is appearing for number of bank tests. There are around 19 nationalized banks and approximately, an applicant who aspires a banking career has to face 38 entrance tests! This creates a psychological instability and also it is an unimaginable thing! To alleviate these problems, a recruiting body has been established namely ‘Institute of Banking Personnel selection’, abbreviated as IBPS.
IBPS is a premier assessment organization providing recruitment solutions for banking sector. A Common Written Examination (CWE) will be conducted by the Institute of Banking Personnel Selection (IBPS) as a pre-requisite for selection of personnel for posts in the Public Sector Banks. This system of Common Examination for recruitment of Clerks has been approved by each of the 19 participating Public Sector Banks and the Managing Committee of the Indian Banks’ Association (IBA) with the consent of the Government of India. IBPS, an autonomous body, has been authorized by IBA and has received a mandate from the 19 Public Sector Banks to conduct the Common Written Examination.
IBPS conducts the CWE four times a year with an interval of 3 months across the country. Two exams are for Probationary officers (PO), Management Trainees (MT) and two for clerical. In addition, IBPS also conducts a separate Common Written Examination for the recruitment of ‘specialist officers’. Prospective candidates who wish to appear for the CWE will have to apply to IBPS and should carefully read the advertisement regarding eligibility criteria, online registration process, pattern of examination, issuance of call letters and score cards. So, a onetime application is sufficient for choosing a career in banking sector. Moreover, the economical burden is much reduced and also this CWE is the brilliant choice of unemployed since they don’t need to appear for multiple bank exams. So IBPS CWE is a complete relief for unemployed youth multiple bank exams!