Banking Common Written Examination
Types of Bank Exams:
Generally, the bank examinations are of the following types :
A series of Common Written Examinations (CWEs) conducted by the Institute of Banking Personnel Selection (IBPS) as a prerequisite for the selection of personnel for Probationary Officer / Management Trainee / Clerk / Specialist Officer posts in 21 Public Sector banks (including BMB & IDBI) and for Officers and Office Assistants in Regional Rural Banks.
Exam conducted by SBI and SBI Associate banks for recruitment to the posts of clerks and officers
Exam conducted by Private Sector banks for recruitment to the posts of Clerks and officers
Recruitment by Private banks and PSBs through one year Post Graduate Diploma in Banking and Finance(PGDBF) course in Manipal Global Education Services Pvt Ltd. Bangalore (MaGE) and Nitte Education International Pvt Ltd. Greater Noida (NEIPL)
About IBPS Common Written Examination(CWE)
The Banking Industry is recruiting in a big way. In the next few years, banks will have to recruit lakhs of candidates. IBPS (Institute of Banking Personnel Selection) conducts series of CWEs in a year - once for each of PO (General Banking Officer - GBO), Clerical (Single Window Operator - SWO), Specialist Officers for recruitment into the Public Sector Banks and Regional Rural Banks to cater to the need of the industry and also to the needs of job aspirants. This means that aspirants are clear about when they should apply, and can plan their preparation in an organised and effective manner.
The first ever CWE for PO/MT was held in September 2011, for Clerks it was held in November 2011,for Specialist Officers it was conducted in March 2011 and for RRBs in September 2012.
Participating Banks : Except for SBI, almost all the major Public Sector Banks are participating in the CWE. The 21 banks which are participating in the CWE are Allahabad Bank, Andhra Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Bharatiya Mahila Bank, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, IDBI Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Punjab & Sind Bank, Syndicate Bank, Union Bank of India, United Bank of India, UCO Bank and Vijaya Bank.
Cutoff Score : Each candidate will be required to obtain a minimum score in each section. There will be a second level cutoff point on total as per requirement. Depending on the number of vacancies available,cutoffs will be decided and candidates will be shortlisted for interview. Prior to the completion of the interview process,scores obtained in the online examination will not be shared with the candidates shortlisted for interview.
Marks obtained only in the Main examination will be considered for short listing for interview and also for Final merit listing.
Common Interviews for Bank jobs :
(a) Order of preference for Banks will be obtained from candidates at the time of applying for the CWE
(b) Candidates who qualify in the CWE will be called for a Common Interview to be co-ordinated by IBPS.
(c) Candidates, successful in qualifying in both the CWE and Common Interview will be listed in the order of merit.
(d) Based on the total marks (CWE + CI) as well as the indication of order of preference of Banks and available vacancies, candidate will receive through a computerised system an offer fromone of the Participating Public Sector Banks