Banks to Conduct Common Entrance Test for Recruitment from 2011

MUMBAI: With an attempt to make the Bank Recruitment faster as well as hassle free, Indian Banks Association has launched a Common All India Entrance Test (CET) which will be applicable from next year i.e. 2011. The exams will be mainly for clerical staff and entry-point officers.

The requirement of more work force in the banks, which has increased sharply for the past few years and going to follow the same trend in coming years, forced the PSBs to opt for such an action. It’s good news for those seeking to join Public sector banks as well as for the banks themselves because the new procedure would definitely reduce the time and make it easier.

The current recruitment process in the Public Sector Banks takes almost a year to recruit the candidates. The recruitment process begins with the advertisement and then goes through examination, then interview and then finally recruitment. Apart from this so much of time before and after the examination results into mental tension to the candidates. Now, they can take a sigh of relief.

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Speaking about the new development, Indian Banks Association’s Chief Executive, K Ramakrishnan, told reporters, “There will now be a common pan-India entrance test which will help in reducing recruitment-time by almost a third of what it takes now.”

“Three-four such common entrance examinations are planned to be conducted every year and this should begin in 2011..…through this exam, we aim to create a pool of people who have passed the exam and who can be recruited by banks,” Ramakrishnan said.

“20 public sector banks have joined this…The SBI group has its own recruitment process and it will continue with it,” he added.

The recruitment process will be administered by the Institute of Banking Personnel Selection (IBPS) on behalf of PSBs, once the candidate clears the common test. IBPS will declare the results of the exam and give a scorecard to the candidates which will be valid for up to one to one-and-a-half-years. Once the validity period of the scorecard expires, the candidate will have to reappear for the exam.

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