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Institute of Banking Personnel Selection (IBPS)[1] is an autonomous agency in India, which started its operation in 1975 as Personnel Selection Services (PSS). In 1984, IBPS became an independent entity at the behest of Reserve Bank of India (RBI) and Public Sector Banks. IBPS is envisioned as self-governed academic and research oriented Institute, with a mission of enhancing human-resource development through personnel assessment. In 2011, IBPS announced a common written examination (CWE) for the selection Officers and Clerks in Indian banks. IBPS CWE is now mandatory for anyone who seeks an employment in 20 public sector and Regional Rural banks. IBPS periodically accepts the exam applications from the candidates at their website www.ibps.in, and the exams are organized at various locations in the country either in online or offline mode.Today it produced many qualified personnel mjy .

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1 Governing Board 2 List of banks that accept CWE 3 Exams for different cadres 4 Eligibility 5 Common Written Examination (CWE) 6 Result and Score card 7 Common Interview 8 Allegations 9 References



The Governing Board consists of nominees from Reserve Bank of India, Ministry of Finance Government of India, National Institute of Bank Management, representatives of Public Sector Banks, Insurance sector and academics. The matters related to policy and affairs of the Institute are vested in the Governing Board.

[edit]List    

of banks that accept CWE

Allahabad Bank Andhra Bank Bank of Baroda Bank of India

  IBPS CWE Clerk for Clerical positions. Additionally. which is further subject to relaxation available for reserved candidates. applicants to the Specialist cadre are required to have a professional qualification in Law. This exam is announced from time to time and covers specialist positions in banks. Work experience and a certificate in computer operation is mandatory for some of the IBPS positions. This exam is also conducted once in a year.  IBPS RRB officer. IBPS Specialist Officer. IBPS PO is conducted once in a year. The minimum age at which anyone can apply for an IBPS CWE is 20 years. [edit]Eligibility The minimum eligibility for applying IBPS CWE is a university degree.[2] [edit]Common Written Examination (CWE) . and the typical maximum age limit is 30.                 Bank of Maharashtra Canara Bank Central Bank of India Corporation Bank Dena 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 Vijaya Bank IDBI Bank ECGC (Export Credit Guarantee Corporation)(Joined Recently) [edit]Exams  for different cadres IBPS CWE PO/MT for the position of Probationary Officer or Management Trainee. IT or management sector. Accounting. For the selection of officers to the Regional Rural Banks (RRBs) governed by NABARD. Agriculture.

Each candidate will be intimated with the date and venue of the exam via a call letter. Initially. IBPS announced that the participating banks would no longer conduct separate interviews for successful candidates those who have appeared in the CWE. This is a hard monopoly system incorporated by IBPS management of changing the preferred center without the consent of candidates which is definitely going to increase the resentment across the country. The members at IBPS board have also stepped up one level further by ignoring the problems of the candidates. All candidates who appear for the CWE will be able to check their status once the results are out. the exams were organized in the offline mode but in 2012 IBPS moved to an internet-based examination process. that will be available for download a few days after they register at the IBPS website.%20January%202013. That simply means that IBPS now reserves the complete control over recruiting and placing professionals to almost all public sector banks in India. IBPS applies a cut-off method to determine the final score known as the TWSS [4] (Total Weighted Standardized Scores). IBPS itself will arrange a common interview (CI) [5] for them at different locations and will prepare a final merit list which will be used to recruit them directly to the banking positions reported during the validity of their score card.[3] [edit]Result and Score card IBPS CWE results are published online at their official website. But the conducting board have shown high degree of callousness by mismanaging the exam center allocation.dinodiacapital. IBPS CWE is an objective oriented exam with negative marking for false answers.[6] [7] [8] http://www. [edit]Allegations In 2013 IBPS is suppose to conduct the CWE specialist officer exam which is scheduled to be held on 17 March 2013. Successful candidates in the CWE who meet the eligibility criteria will be called for a common interview (CI). A scorecard is issued to the candidates who secure the minimum TWSS defined by IBPS.pdf . [edit]Common Interview In 2012. and qualifying marks in each subject of the examination.com/pdfs/Indian%20Banking%20Industry%20%20Rising%20Above%20the%20Waves. Most of all the candidates were not given the center of their choice and are to travel around 500+ kilometers for appearing the exam. Instead of that.The CWE syllabus and general instructions on filling IBPS online application will be provided in the exam notification.

India is a growing economy and demand for credit is high though it could be cyclical. currently in light of slowing domestic GDP growth. . banks also resorted to cross selling of financial products such as credit cards. For good creditworthy borrowers bargaining power is high due to the availability of large number of banks. investment in technology and branch network. measures undertaken by the central bank. People preferred to park their funds in higher yielding fixed deposits rather than current or savings account (CASA). Trade unions in public sector banks can be anti reforms and orchestrate strikes. persistent inflation. online banking and web based products. Bargaining power of suppliers Bargaining power of customers High during periods of tight liquidity. however most banks continue to hold the rate at 4%. Depositors may invest elsewhere if interest rates fall. the investment cycle has been wavering in the country.  The cost of borrowings was higher on account of the various monetary tightening  Apart from streamlining their processes through technology initiatives such as Key Points Supply Demand Liquidity is controlled by the Reserve Bank of India (RBI). telephone banking. But. capital and regulatory requirements. They are also looking at various financial inclusion initiatives in order to spread the use of financial services among India’s large unbanked population. The Indian banking sector has been relatively well shielded by the central bank and has managed to sail through most of the crisis. asset quality concerns and elevated interest rates. ATMs.Banking Sector Analysis Report 15 [Key Points | Financial Year '12 | Prospects | Sector Do's and Dont's]  The global financial system is still far away from a full recovery on account of a slowdown in the US economy. The savings bank account rate was deregulated by the RBI. Barriers to entry Licensing requirement. CASA accretion slowed for most banks which led to a higher cost of funds. mutual funds and insurance policies to augment their fee based income. the soft landing in China and the Euro debt crisis.

weak IIP data and persistent inflation banks became more risk averse to lending credit. Fixed deposits saw good growth. The outstanding credit-deposit ratio rose from 74.Competition High. with the reverse repo rate at 7%.  Growth on the deposit front however remained relatively low coming in at around 13% YoY in FY12.5% FY11 to 76. TOP Financial Year '12  The RBI had to revise its target for credit growth in FY12 a number of times given the external environment. Against a backdrop of GDP growth deceleration.7% for private sector banks. While inflation continues to remain high the RBI has refrained from any further hikes in order to address the slowdown in growth. The repo rate currently stands at 8%.3% in the case of public sector banks and 19. It may ease rates once inflation comes under control. Finally non-food credit growth came in at around 17% in FY12 compared to 21. this was as against an RBI target of 17%.  Credit growth decelerated across all bank groups during 2011 -12 ranging  The RBI’s has not yet rolled back its aggressive interest rate policy and rates continue to be elevated. Plus the RBI is planning to issue new banking licenses.5% in FY11. . the central bank brought this estimate down to 16% in January 2012. between 16. private sector and foreign banks along with non banking finance companies competing in similar business segments. while demand deposits saw a deceleration on lower yields. From starting off with a prediction of 19% credit growth in May 2011.7% in FY12.There are public sector banks. This deceleration also reflects banks’ risk aversion in face of rising NPAs and increased leverage of corporate balance sheets. The comparable figures for the previous year were 21% and 24.7% respectively.

saw lower levels of money supply.  Indian banks. Plus they were also able to sustain their asset quality. and deposits as a percentage of GDP in FY12 as compared to that in FY11 on account of the uncertain economic environment. while vehicle loans grew by 20%.Data source: RBI  In the retail portfolio. The government was able to recapitalize a few PSU banks in FY12. however. Overall Other personal loans enjoyed a much smaller growth of 8% YoY due to bank’s reluctance towards uncollateralized credit. TOP Prospects  Basel III is a new challenge that banks in India and overseas will have to surmount.2% in FY12. Increased pricing power helped some of these banks sustain their net interest margins. Increased provisioning affected the profitability of the banks in question. Credit card outstanding grew by 13% YoY. However for PSU banks this ratio increased from 1% in FY11 to 1. including the much needed infusion for State Bank of India. Data source: RBI  Most private sector banks had a relatively better outing in FY12.5% in FY12. Indian banks would require . It will be a challenge to deploy the same safely and profitably in the event of persistence of economic slowdown.  Net non performing assets (NPAs) in the system increased from 0. However credit as a % of GDP was higher as GDP growth slowed. According to RBI estimates. while home loans grew by 12% YoY.9% in FY11 to 1.

The 1% Statutory Liquidity Ratio (SLR) reduction in August and the further 25 bps cut in the CRR is expected to further ease liquidity and encourage banks to increase loans and advances. and Rs 4. During the Buddhist period. with deposit growth at 16% for FY13. Asset quality concerns are also an issue especially in the power. Merchants in large towns gave letters of credit to one another.8 trillion. 2018. conditions. For 2012-13.  In 2011-12. which corresponds to the definition of a bill of exchange as we understand it today.scribd. Lots of players including NBFCs. growth is still a concern for the banking sector in FY12 on account of a sustained slowdown in the economy as well as reduced demand for credit on account of the current high interest rate environment.8 trillion was disbursed. agriculture loan target was Rs 4. However. these licenses will only be awarded to certain players meeting strict requirements on the capital. The SLR and CRR stand at 23% and 4. Later during the Maurya dynasty (321 to 185 BC).25% respectively currently. exposures.  New banking licenses are expected to be issued by the RBI to private sector  However. textile. The central bank expects credit growth to come in at 17%. there has been a easing of liquidity and monetary India Main article: History of Banking in India In ancient India there is evidence of loans from the Vedic period (beginning 1750 BC). there was considerable use of [61] these instruments. In addition there has been liquidity infusions through open market operations export credit refinance.5 trillion. microfinance companies etc are all vying for this coveted license. and mining space. and corporate governance front.  In the year 2012-13 so far. industrial houses. players. an instrument called adesha was in use. The policy rate was cut by 0. which was an order on a banker desiring him to pay the money of the note to a third person. [59][60] http://www.additional capital of Rs 5 trillion to meet Basel-III norms by March 31. There has so far been no progress on this issue since the RBI issued draft guidelines in August 2011.com/doc/36284365/Customer-Satisfaction-Survey-on-Banks . the target has been set at Rs 5. Financial inclusion initiatives also need to be taken care of as India fares very poorly on this regard as half the population does not have access to banking services.5% in April.

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