Finally the government has cleared the proposal of common interviews for candidates aspiring jobs in nationalized banks, discarding the old practice of multiple appearances. Now aspirants can appear in one common exam and subsequently in only one interview which will be common for all banks. Entire process will be conducted by the IBPS.
The new system will be applicable from immediate effect. The Institute of Banking Personnel Selectionor IBPS will hold the common interview on the behalf of 20 government banks. State Bank ofIndiaand its associates will not be part of this.
According to the banking circle, financial secretary DK Mittal took special interest in clearing the proposal fast which is going to change the way banks’ hiring process.
“It will be a win-win situation for banks and the aspiring candidates,” said IBPS director Anup Sankar Bhattacharya. “The hiring process will be smooth for banks. On the other hand, candidates will save energy and cost as they don’t have appear for multiple interviews.”
IBPS also conducts common written test for these 20 banks. Out of 7,51,032 candidates appeared for bankPOexam on June 17, 2012, just about 8% or 61,339 candidates have qualified for interviews.
IBPS will select candidates according to the total requirement and they will be placed according to their preferences. It will hold interviews in multiple locations to help regional candidates.