Full Form of IBPS, Institute of Banking Personnel Selection

The full form of IBPS is the Institute of Banking Personnel Selection. It is an autonomous body formed under the Government of India that deals with the recruitment and management of human resources of several national banks of the country. 

In addition, it manages selections to the regional rural banks of the nation as well.  

The Institute of Banking Personnel Selection or IBPS conducts regular exams for various posts to admit undergraduate (UG), postgraduate (PG), and Doctorate (Ph.D.) students at the ranks of officers of Group A, Group B, Group C, and Group D employees. 

Additionally, IBPS provides a standardised system of assessment as well as result processing and forming services to various organisations. 

What is IBPS ? Services 

IBPS is the acronym for the Institute of Banking Personnel Selection. 

Under the Ministry of Finance (MoF) in the Government of India (GoI), the Institute of Banking Personnel Selection (IBPS) acts as a central recruitment agency for the purpose of recruitment of government officers and employees. 

Generally, these government bankers are employed in the various national banks of the country. However, recruitments are also made for bankers to serve in the regional rural banks of the country. 

Services 

Significantly, the Institute of Banking Personnel Selection's major purpose is to recruit banking personnel (Officers, clerks, and assistants) to serve as government employees in the country's national banks. 

IBPS conducts examinations for recruitment and promotion to banks and other financial institutions. It organises workshops and training programs for senior officers to develop observational skills. 

Further, IBPS also provides services to regional rural banks and various private banks of the country and extends its services to several foreign banks.  

This includes other financial institutions such as cooperative banks, academic institutes, private and public-sector companies, and insurance companies. 

Major IBPS Exams

Several exams are conducted by the Institute of Banking Personnel Selection each year, opening a wide range of opportunities for students to serve in government banks and establish successful careers. 

Earlier, students were required to take different exams for different banks. However, since 2012, IBPS has organised a range of exams every year for different positions. This makes the selection process easy and un-messy. 

Notably, the IBPS exams are conducted via four different processes. These are CRP PO/MT, CRP RRBs, CRP Clerical, and CRP Specialist Officers. 

IBPS PO

The Institute of Banking Personnel Selection (IBPS) conducts the Common Written Examination (CRP-PO/MT) for the recruitment of candidates for the post of Probationary Officer (PO) and Management Trainee (MT) vacancy in the public sector banks (PSB). 

This exam is conducted in an online manner. 

Paper pattern: 

There are two stages of the IBPS PO exam: Preliminary and Mains. The question format for both exams is MCQ. 

Topics of the syllabus of both these exams cover concepts from English Language, Quantitative Aptitude, and Reasoning Ability. However, the main exam also includes General Awareness. 

Eligibility and Age Limit:  

Students must have a bachelor’s degree in any course from a recognised college or university or an equivalent certificate of qualification recognised by the government of India. 

Generally, the age limit is from 20 to 30 years. However, there is age relaxation for several categories. 

IBPS SO

A common written examination is organised for the IBPS SO exam. 

The IBPS Specialist Officer (SO) is a multi-organizational post in which recruitments are made for several positions. These include the posts of Law Officer, HR (Personal Officer), IT Officer, Marketing Officer, Agricultural Field Officer, etc. 

Selection for the various posts of IBPS SO is done in four stages which are as follows:

• Preliminary exam (online mode)  
• Mains examination (online mode)
• Interview 
• Provisional Allotment 

Age limit for IBPS SO is between 20 to 30 years of age. 

However, the eligibility for IBPS SO differs as per the different posts and can be checked at the official website of the Institute of Banking Personnel Selection. 

IBPS Clerk 

Additionally, the Institute of Banking Personnel Selection organises exams to recruit clerical posts in 11 public-sector banks in the country. These exams are conducted every year. 

The IBPS Clerk exam is conducted in online mode. Further, the procedure of selection is done in two stages. These include the Preliminary and the Mains examination. 

Candidates must be graduates from a recognized university to be eligible for this exam. Moreover, the age limit of this exam lies from 20 to 28 years of age. 

IBPS RRB Office Assistant and Officers 

IBPS election conducts the IBPS RRB examination every year to recruit bank personnel to the various Regional Rural Banks (RRB) of the country. 

Recruitment is made at both IBPS RRB Office Assistant (Clerk) and IBPS RRB Officer Cadre levels. 

For RRB office assistants, the exam is organized in two stages: Preliminary and Mains. However, for RRB officers, an interview round is conducted in addition to the Preliminary and Mains examination. 

The exam is conducted in an online manner. Evidently, the eligibility criteria vary as per the posts. 

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