What is IBPS Full Form in English | Top 10 Listed Bank

IBPS FULL FORM: Institution of Banking Personnel Selection.

The IBPS full form is Institution of Banking Personnel Selection. IBPS is an independent organization that conducts online exams to select recruit officers, clerks, and trainees of the public sector banks in India.

Institution of Banking Personnel Selection conducts a different exam for a different position for public sector bank which given below:

  • The IBPS clerk exam for the position of clerical
  • IBPS PO exam for the position of probationary offices
  • IBPS SO exam for the position of specialist officer
  • The IBPS RRB exam for officer and office assistant in the rural banks

Vision of IBPS full form:

The vision of IBPS is to develop and world-class processes and systems for the assessment and selection of personnel in a fair manner for the client organization, conduct an exam, and give relevant results. 

The current chairman of IBPS is Shri Haridessh Kumar. 

The IBPS conducts the exam from online mode, the candidate has to fill online application for writing the exam, IBPS conducts the exam at multiple locations across the country.

Brief History:

  • In 1984, the permission of the reserve bank of India and the public sector of the bank, IBPS become an independent organization.
  • From 2011, IBPS started conducting the common written examination to recruit candidates in public sector banks.  
  • Nowadays it is compulsory to have the CWE of IBPS to work in the public sector and rural banks.

Participating Banks: 

Excepts RBI, almost all public sector and the rural bank accepts the IBPS exam rules and exam. which are given below:

  • Bank of India
  • Central Bank of India
  • Dena Bank
  • Indian Overseas Bank
  • Oriental Bank of Commerce
  • Punjab National Bank
  • Union Bank of India
  • UCO Bank
  • Allahabad Bank
  • Bank of Baroda

Exam Pattern of IBPS:

The exam pattern is divided into three stages and the candidate has to go through each of these stages for qualifying for the IBPS PO exam.

  1. Prelims
  2. Mains
  3. Interview

There are different types of exam available for different positions like clerk, Probationary Officers, Specialist Officers, and Officers and office assistants in Regional Rural Banks.

Exams list in IBPS FULL FORM:

  1. IBPS Clerk Exam (clerk position)
  2. IBPS PO Exam (probationary officers)
  3. IBPS SO Exam (specialist officers)
  4. IBSC RRB Exam (office assistants in Regional Rural Banks)

These exams are conducted online, exam application has to submit online on the official website of IBPS. The exam is conducted in different locations in India. The age range is 20 – 30.

Eligibilities criteria:

The candidate is required to have four years of college education and must have good knowledge of PC and internet examines.

The dates for the application tests and, results are totally available on the official website of the IBPS.

FAQs Related to IBPS full form:

What is the pattern of the IBPS?

There is a separate section for all the different exam patterns. IBPS PO exam has divided into three stages: The preliminary exam, the Main exam, and, the interview process. The candidates have to pass these three stages for getting a job in public sector banks.

Who are the general bodies of IBPS?

The chairman is Mr Rajkiran Rai and the Director is Shri Haridessh Kumar B are handling currently.

Is IBPS is independent or not?

Yes, the IBPS is an independent organization. From 1984 the IBPS become independent after taking permission from the Reserve bank of India and Rural banks.

Conclusion of IBPS FULL FORM:

We hope you guys understood the IBPS full form and other concepts related to IBPS which are necessary to those people who are interested in the IBPS exam. If this information looks informative then let us know in the comment section.