IBPS Full Form: Recruitment Process, Salary, Exam Pattern & Syllabus

The IBPS is an autonomous organization along with the exam conducting body for various banking examinations conducted in India. In this article, we have discussed about IBPS, exams conducted by IBPS, the recruitment process and many more.

IBPS Full Form

IBPS Full Form- The IBPS is defined as the Institute of Banking Personnel Selections. The IBPS is an independent corporation alongside the examination carrying out the frame for numerous banking examinations in India. Every year, IBPS releases notifications for recruiting numerous applicants for publishing probationary officers, clerical cadre, and professional officers. In this article, we will provide you with all of the essential facts associated with IBPS and the one-of-a-kind assessments that it conducts. IBPS additionally conducts college stage or inner recruitment assessments, and all of the updates associated with IBPS Recruitments are published on its official website.

Also Read: SBI PO & Clerk Recruitment 2023 Notification Live Updates

What is IBPS?

The Institute of Banking Personnel Selection, which is self-governing, conducts the IBPS examination and research-based institute giving human plus duty tour probability to the money phase of India. The managing and administering body for IBPS is the RBI, the Finance Ministry of India, and NIBM. Further, there are agents from open banks and insurance agencies who participate in the dynamic procedure and thus on take steps that result in a beneficial and worthy outcome. 

IBPS Full Form

The Institute of Banking Personal Selections (IBPS) was registered as a Public Trust under the Societies Registration Act, 1860 and also registered under the Bombay Public Trust Act, 1950. Candidates can check the full form of various terms used in the IBPS Exam.

Participating Banks under IBPS

In the table below, candidates can check the name of banks which make recruitment under several IBPS Exams.

Also Read: IBPS Admit Card

Exams Conducted by IBPS

Candidates can check the exams which are conducted by IBPS in the table below.

Also Read: IBPS Application Form

Recruitment Process of IBPS

Candidates can check the recruitment process of IBPS below.

Written Examination (Prelims)

The English language, numeric aptitude, and reasoning ability parts of the IBPS Preliminary Exam make the first step of the selection process. Candidates must achieve the required overall and sectional cutoff scores. Each correct answer will lose 0.25 points.

Written Examination (Mains)

Candidates who passed the preliminary exam can take the main ease into four sections: English Language; Data Analysis and Interpretation; Logical and Computer Awareness; General/Banking; and Economy Awareness. Each incorrect response will result in a 0.25-point deduction for multiple-choice questions (MCQs).

Personal Interview

Those who pass the main exam are invited to an in-person interview. The total number of marks is 100; the cutoff for general applicants is 40%; for SC/ST/OBC candidates, it is above 35%.

Final Selection

The primary exam and the personal interview will be considered when choosing the candidates. They will be given a weighting of 80:20, respectively. After the interview, the final merit list will be made public, and candidates will be given the option to join a letter in the bank.

Responsibilities of a Bank PO

• A Bank PO must complete a two-year preparation probationary period for this section-level position before being hired as an assistant manager.
• Administrative tasks, such as managing administrative work, are performed by a PO. You may be invited to participate in any type of bank-related activity before the 2-year completion deadline.
• You will be ready to have practical finance, accounting, marketing, and investing knowledge during the probationary period.
• You will be posted as an Assistant Bank Manager in any bank office once your probationary period is over. PO must also serve in the capacity of a public relations officer.
• A bank PO can also issue chequebooks, demand draughts, ATM cards, and other items. 

Responsibilities of an IBPS Clerk

• The person to ask questions to and who directs the customer in each bank is an Institute of Banking workforce (IBPS) Clerk.
• They are responsible for the storage and withdrawal of client money.
• Additionally, upon the consent of trained professionals, they deliver chequebooks.
• The bank agent provides ESI stamps and money receipts. Nowadays, most bank employees' job responsibilities involve using a computer.

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