Bank Exam Details
The Banking Industry is recruiting in a big way. In the next few years, banks will have to recruit lakhs of candidates. IBPS (Institute of Banking Personnel Selection) conducts series of CWEs in a year – once for each of PO (General Banking Officer – GBO), Clerical (Single Window Operator – SWO), Specialist Officers for recruitment into the Public Sector Banks and Regional Rural Banks to cater to the need of the industry and also to the needs of job aspirants.
This means that aspirants are clear about when they should apply and can plan their preparation in an organized and effective manner.
The first-ever CWE for PO/MT was held in September 2011, for Clerks it was held in November 2011, for Specialist Officers it was conducted in March 2011 and for RRBs in September 2012.
Generally, the bank examinations are of the following types:
A series of Common Written Examinations (CWEs) conducted by the Institute of Banking Personnel Selection (IBPS) as a prerequisite for the selection of personnel for Probationary Officer / Management Trainee / Clerk / Specialist Officer posts in Public Sector banks (other than SBI) and Officers and Office Assistants in Regional Rural Banks
Exam conducted by SBI for Clerk & PO Recruitment
Recruitment by Private banks and PSBs through one year Post Graduate Diploma in Banking and Finance (PGDBF) course in Manipal Global Education Services Pvt Ltd. Bangalore (MaGE) and Nitte Education International Pvt Ltd. Greater Noida (NEIPL)
Except for SBI, almost all the major Public Sector Banks are participating in the CWE.
The 20 banks which are participating in the CWE are Allahabad Bank, Andhra Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena 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 and Vijaya Bank
Each candidate will be required to obtain a minimum score in each section. There will be a second level cut-off point on total as per requirement. Depending on the number of vacancies available, cut-offs will be decided, and candidates will be shortlisted for interview (For PO).
Before the completion of the interview process, scores obtained in the online examination will not be shared with the candidates shortlisted for the interview. There are no interviews for Clerks. Final selection for Clerks is based on the marks obtained in Main Examination
Marks obtained only in the Main examination will be considered for shortlisting for the interview (for PO) and for final merit listing.