The recruitment for public sector banks’ probationary officers and clerks might now be patterned on the civil services examination. After a common entrance test, the finance ministry is considering centralised interviews and common eligibility criteria for selection of candidates in all state-run banks.

Selection boards, comprising officers from various banks and outside experts, could be set up in different parts of the country to conduct interviews, whereas in the current system interviews are held at the banks concerned. A common fee and cut-off marks is also prescribed for all banks.

“We want to rationalise the process so that there is no multiple level screening. The same sets of people are appearing for all the interviews and the moment they get through their preferred bank, they quit the other. In this system there will be minimum attrition,” a finance ministry official told Business Standard.

The shortlisted candidates will be asked to apply for the banks in the order of their preference, as in the case of Union Public Service Commission examination. Allocation of the banks will be made on the basis of merit. The higher the rank, the brighter the chances of a candidate getting an ‘A’ category bank.

To make the process of selection fair and transparent, the finance ministry is also planning to reduce the weightage given to the interview to 20 per cent from 50 per cent usually given in the existing structure. In the proposed system, the written examination will carry 80 percentage weightage.

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Courtesy: Business Standard