Since the beginning of time, the banking industry has been one of the most rewarding career areas. Gone are the days when banking was thought to be a dull vocation; today, banking is much more than counting money and en-cashing checks. Bank jobs are promising and extremely rewarding if done with diligence, but the topic of how to be hired by a reputable bank is usually on people's minds. This article will provide you with information on IBPS PO preparation and the Common Written Test, as well as why it is critical for a bank aspirant to obtain a decent job in the banking industry.
What is the IBPS and how does it work?
The Institute of Banking Personnel Selection (IBPS) is a self-governing organisation with the mission of developing and implementing world-class processes and systems for personnel assessment and selection for a variety of client organisations, as well as conducting relevant supportive research and disseminating the results.
The Institute was founded in 1975 as Personnel Selection Services (PSS), a division of the National Institute of Bank Management (NIBM). At the request of the Reserve Bank of India (RBI) and Public Sector Banks, PSS established an autonomous institution in 1984, presently known as the Institute of Banking Personnel Selection (IBPS). The Common Written Examination is held by nineteen public sector banks under the auspices of the IBPS.
What is the Common Written Examination and how can you pass it to get into the 19 banks?
The Institute of Banking Employees Selection (IBPS) conducts the Common Written Examination (CWE) for the initial short listing of personnel in the Clerical Cadre, PO/MT, and Specialist Officer in the 19 participating institutions.
Banks invite candidates for Group Discussion/Personal Interview (GD/PI) based on their CWE score cards. Following that, the individual banks compile a final merit list of candidates based on their IBPS CWE and GD/PI scores, after which they are hired to the banks.
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