Another sea change is now on cards as far as recruitment process of bank jobs is concerned. Most of the candidates are already in the stage of confusion after induction of IBPS in bank recruitments. Now there is a proposal for those candidates appearing in the common bank entrance
exam to go through only one interview to get a bank job.
The finance ministry, in consultation with state-owned banks, is considering a centralized interview for all candidates who clear the written exam, a move that is expected to benefit lacs of students who appear in these examinations.
A common interview will help both banks and candidates by simplifying the recruitment process further and reducing the time involved in the selection process. Currently, although all state-owned banks other than the State Bank ofIndiaand its associates recruit through one common written exam, students have to appear in multiple interviews to get a job.
The finance ministry has held preliminary discussions with the banks that have approved the plan in principle. The details will be finalized after discussions with participating banks, said a finance ministry official.
The ministry is also looking to standardize the educational qualifications required.
“The education qualification required to appear in the IBPS exam is that of a graduate but banks have different educational criteria,” the finance ministry official said. “Because of this, even students who clear the exam and get a score may not be eligible to apply to any bank. To solve this problem, we are looking to align the educational qualification of the examination with that required by banks,” he said.
The official added that the uniform education qualification for those applying for a clerical post could be a graduate degree while it could be a graduate degree with at least 55% marks for those applying to the post of probationary officer.