BANK EXAMS

Banking is an increasingly popular choice of employment for fresh graduates and experienced professionals in India. Banks provide attractive salaries, a measure of job security and many perks for their employees.

Due to such reasons, the competition for bank jobs is increasing at an exponential pace. The competition indicates that aspirants should have a top-notch bank exam preparation to be able to crack the exam and get selected as a bank employee.

How are Bank Exams conducted and who conducts these exams?

All those who want to make their career in nationalized banks; it has been decided to introduce a system of Common Written Exams for initial shortlisting of candidates. Nationalized Banking Exams is conducted by Institute of banking Personnel selection (IBPS). They conduct exams for entry level officer cadre, clerical cadre and specialist officer cadre. This examination is conducted twice a year for each cadre. The candidates appearing for the exam will be issued a score card which will be valid for the period of one year from the date of issue.

What is Recruiting Bank’s requirement?

Each bank which desires to recruit candidate for the post of clerical cadre, entry level officer cadre and specialist officer cadre will invite applications from the candidates who hold valid score cards from IBPS, by specifying eligibility criteria in terms of age, education qualification and minimum score obtained in the common written exams.

How is the Recruiting Bank’s selection process?

The bank will carry out selection process from the applicants with the valid IBPS Score Card following interviews, group discussions etc. as decided by the bank.

The various Bank Exams are:

1. IBPS Clerical
2. IBPS PO
3. RBI Exams
4. SBI Clerical
5. SBI PO

Brief Details about various Bank exams:

1. IBPS Clerical – Bank exams

The IBPS Clerk exam is conducted by The Institute for Banking Personnel Selection every year. The IBPS is the authoritative body for assessing recruiting candidates in public sector banks in India.

• IBPS Clerk Preliminary Examination: An objective paper of one-hour duration tests the candidates’ abilities in English Language, Numerical Ability and Reasoning
• IBPS Clerk Main Examination: The bank exam syllabus for this one consists of Reasoning, Computer Aptitude, English, Quantitative Aptitude, General and Financial Awareness. The IBPS Clerk Mains result is used to determine the merit ranking of the candidate and their selection as clerks

For detailed explanation on IBPS Clerical examination check out ibps-clerical/

2. IBPS PO

The IBPS PO, officially known as the IBPS CWE (Common Written Examination) selects candidates for the post of Probationary Officers for various public sector banks (PSB) as well as some insurance companies which are its members. The IBPS PO exam pattern consists of three stages:

• IBPS PO Preliminary Exam: This stage serves as a qualifying exam for the next phase. The IBPS PO Prelims exam consists of objective type questions
• IBPS PO Main Exam: The IBPS PO mains exam serves as the final written exam. Based on the IBPS PO result, the participating banks call candidates for the next stage
• IBPS Interview: The final phase where candidates have a face to face interactive session with high ranking bank employees in the panel

For detailed explanation on IBPS PO examination check out ibps-clerk-coaching/

3. RBI Exams

The Reserve Bank of India conducts its own exams for recruitment to various vacancies in the organisation. The following are the major exams conducted by the Reserve Bank of India:

• RBI Officer Grade B Exam: The apex bank conducts the RBI Officer Grade B exam for the selection of mid-senior level officers of the bank. It consists of recruitment to the General as well as specialist cadres of the RBI. It also includes research positions open for PhD holders in the notified disciplines
• RBI Assistant Exam: The RBI Assistant exam is conducted to recruit candidates for the post of Assistant in various branches and sub-Officer of RBI. The post is equivalent to the clerical cadre in the banking sector
• RBI Junior Engineer Exam: RBI Junior Engineer recruitment takes place through this exam. The selected candidates are employed as engineers handling RBI facilities. The specialisation required for this exam is Civil Engineering

For detailed explanation on various RBI examination check out rbi-clerical/ , rbi-po-clerical/

4. SBI Clerical

The SBI Clerk exam selects Junior Associates for the clerical cadre of the banking giant. It consists of two stages:

• SBI Clerk Preliminary Exam: Known as SBI Clerk Prelims, this exam filters out candidates for the next stage.
• SBI Clerk Mains Exam: Commonly called the SBI Clerk Mains, the marks secured in this exam determine the selection status of candidates as clerks in the State Bank.

For detailed explanation on various SBI Clerical examination check out sbi-clerical/

5. SBI PO

Also called the SBI Probationary Officers (PO) exam, this exam selects candidates for the management cadre of SBI. The employees selected are called Probationary Officers during their training and move on to management roles after finishing their training.

The SBI PO Exam consists of three stages:

• SBI PO Preliminary Exam: SBI PO Prelims filters the candidates for the next stage of the exam, retaining about 2.8% of the total number of applicants for the main examination
• SBI PO Main Exam: Performance of the candidates in the SBI PO Mains determines whether they cut through the next stage of the exam
• SBI PO Group Discussion and SBI PO Interview: The group discussion and interview is the final stage before a merit list of selected candidates is drawn up

For detailed explanation on various SBI Clerical examination check out sbi-po-clerk/

Check the below link for essential free material for exams:

https://elanacademy.net/courses/bank-exams-2/