(News) IBPS : 50,000 Officers & Clerks to be Hired By Public Sector Banks

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Institute of Banking Personnel Selection (IBPS)

Public sector banks to recruit 50,000 officers, clerks

Here is good news for job aspirants. The recruitment process for over 50,000 officers and clerks in public sector banks is likely to kick off in about a month or two.

“We have requested banks to intimate us the vacancies to be filled for the next financial year. There may be confirmation by August/September. Then the process will begin,” A. S. Bhattacharya, Director, Institute of Banking Personnel Selection (IBPS), told Business Line.

“We hope to complete the process by March 2014,” he added. In the current financial year, over 53,000 officers and clerks were recruited by 20 public sector banks through the common written exam.

“I expect the number of vacancies to be in the similar range for the forthcoming recruitment phase,” the IBPS Chief said.

It may be recalled that Finance Minister P. Chidambaram said last week that about 50,000 banks vacancies would be filled soon.

This will be an advantage for those who cleared the probationary officers and clerical examinations conducted by the IBPS earlier and waiting for jobs.

As the validity of their qualification is up to March 2014, they stand to gain in the recruitment for the next financial year which is likely to be completed before the same deadline.

“It this happens, it will be a big relief for all of us who have got through the written test and interview of IBPS already,” Amarender, an aspiring probationary officer from Ongole in Andhra Pradesh, said.

Most of the aspirants complaint that the allotment of candidates to banks by IBPS in the recent past was lower than the notified vacancies in a particular bank.

“The complaint is baseless. Allotment against all the vacancies projected by the banks for 2013-14 (category-wise - SC, ST, OBC, physically challenged, etc) has been made subject to availability of candidates,” Bhattacharya said.

The individual minimum criteria fixed by different banks might also render some candidates ineligible for some posts leading to lower allotment of candidates to a bank.

However, with the new bulk recruitment in the offing, most of the candidates waiting for call letters may land jobs, say experts.

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Courtesy : Business Line