Tuesday, December 14, 2010

Common entrance test for banks 

From the next year onwards there will now be a common entrance test on all India bases for those aspiring to join public sector banks. The objective behind this decision is that it would reduce recruitment time and all the hassles and complexities attached to the recruitment process. This would be beneficial both for the candidates as well as for the banks. 

The recruitment process will now take quite a less time. So the candidates won’t have to face mental tension during the waiting time after the exam. All this was told by Indian Banks Association's Chief Executive, K Ramakrishnan, to PTI. He said that there would now be a common pan-India entrance test.

The complete process at present takes almost one year right from advertisement to examination and interview stage till the stage of final recruitment.
It is planned to conduct three-four such common entrance examinations. This would be done every year beginning with 2011.

The exam will be conducted by The Institute of Banking Personnel Selection (IBPS) and will also declare the results of the exam and give a scorecard to the candidates. The scores would be valid for up to one to one-and-a-half-years.
These exams will be held for clerical staff and entry-point officers.

Source: The Times of India

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