Banking is one of the most rewarding sectors in
the country. It assures well-paid, secure and satisfying career prospects. Openings are available at various levels, from Bank Clerical to Probationary Officers (PO).
In 1978 Banking Services Recruitment Boards (BSRBs) were established to have a uniform standard & eligibility criteria for recruitment of personnel to Nationalised Banks. There were 15 BSRBs covering one or more states & they were assigned to recruit both officers & clerks. However Central Recruitment Board of the State Bank of India undertook recruitment of officers for the State Bank group on the all India level separately.
After dissolution of BSRB's, banks are now advertising directly for their vacancies. Now IBPS conducts and rates the written examination (comprising objective and descriptive parts) on behalf of banks. The banks usually prefer to have for interviews anything from 3 to 4 times the number of vacancies advertised, and then make the final selection.
In 1978 Banking Services Recruitment Boards (BSRBs) were established to have a uniform standard & eligibility criteria for recruitment of personnel to Nationalised Banks. There were 15 BSRBs covering one or more states & they were assigned to recruit both officers & clerks. However Central Recruitment Board of the State Bank of India undertook recruitment of officers for the State Bank group on the all India level separately.
After dissolution of BSRB's, banks are now advertising directly for their vacancies. Now IBPS conducts and rates the written examination (comprising objective and descriptive parts) on behalf of banks. The banks usually prefer to have for interviews anything from 3 to 4 times the number of vacancies advertised, and then make the final selection.
Indian Banking Sector
Banking Segment in India functions under the umbrella of Reserve Bank of India - the regulatory, central bank. This segment broadly consists of: Commercial Banks and Co-Operative Banks. The commercial banking structure in India consists of: Scheduled Commercial Banks and Unscheduled Banks. The Scheduled Commercial Bank category can be broadly divided into – Public Sector, Private Sector and Foreign Banks. Public sector banks have either the Government of India or Reserve Bank of India as the majority shareholder. This segment comprises of State Bank of India (SBI) and its subsidiaries, and Other Nationalised Banks. The co-operative banking structure in India is divided into following main 5 categories: 1. Primary Urban Co-op Banks 2. Primary Agricultural Credit Societies. 3. District Central Co-op Banks 4. State Co-operative Banks.5. Land Development Banks.
RECRUITMENT PROCEDURE
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