Common Interview – IBPS to Conduct Common Interview for Public Sector Banks (PSB). Public Sector Banks plan Common Interview for jobs in Nationalized Bank.
Earlier we have reported that Common Interview likely that after Common Written Exams (CWE) for Jobs in Public Sector Banks (PSBs). All concerned authorities and banks are well aware of the problems of the present recruitment system i.e. multiple selection issue, multiple fees deposit for interview, which caused immense delay in the recruitment process and thereby IBPS-CWE failed to achieve it’s main objective of fastening the recruitment process and stopping candidates hopping in different banks.
Now, to improve the present recruitment system, Banks are planning to have a common interview that could open up opportunities in one go in many banks for candidates, who now have to give multiple interviews for jobs in various banks.
Public Sector Banks, which recruit about 30,000-40,000 people a year on an average, expect to save time and cost once this common interview becomes a reality. As many as 20 banks are expected to give the mandate to Institute of Banking Personnel Selection (IBPS) to conduct the Common Interview on their behalf. IBPS also conducts Common Written Examinations (CWE) for these banks.
- No More Multiple Selection
- No More Multiple Interview
- No More Fees for Interview
- One Common Interview for
Senior bank executives said the governing body of IBPS had come up with the suggestion and the member banks gave their in-principle consent to the proposal at a meeting held on September 14. Banks are now required to get the respective board clearance before they give IBPS the final mandate. This looks a certainty as the selection body is run by senior bank executives with Bank of Baroda chief MD Mallya being the chairman, while Punjab National Bank chairman KR Kamath, Canara Bank’s S Raman and IDBI Bank’s RM Malla are some of the members.
The new recruitment system may be introduced as early as this year itself and candidates who took the Common Written Exam (CWE) for Probationary Officers/ Management Trainee on June 17 may be the first to attend the Common Interview. Over 7.5 lakh candidates took the exam for Probationary Officers and the IBPS PO/ MT 2012 Result is expected in the first week of October.
“Standardisation of the selection process will reduce the workload for banks,” said a governing body member of IBPS. “The present system is not time and cost-effective.” IBPS director AS Bhattacharya declined to comment.
In the present system, a few top candidates appear for multiple interviews of different banks and they tend to get offer letters from most banks. The next lot gets the opportunity only when the first lot is absorbed, making the hiring process lengthy. At present, candidates need to shell out Rs 150-250 per interview but according to sources IBPS may waive the fee for appearing in the common interview.