A good News is coming for all those who have been appeared in the IBPS PO Exam and waiting for the results.At last Today, IBPS had announced the must awaited results of 2nd Common Written Examination (CWE)  PO/MT Exam 2012. If you haven't yet, checked your PO Exam Result, then you must through our previous post and check your IBPS PO Result.  

How many Passed ?


 Only 8 % students have been declared as Qualified in the Written Exam. It is expected that close to 7.5 lakh students have appeared in the exam and only 61,339 candidates have been declared as successful.

Now these successful students will be issued scorecards with a validity of 1 year, based on which they are now  eligible to appear for Interviews for Bank Jobs in 20 Public Sector Banks.

Govt's Nod to Common Interview for Jobs in Public Sector Banks


 In our previous post, we have discussed about that there will be Common Interviews for Bank Jobs in India. The News is Official Now and the Government of India, had agreed to IBPS's proposal for conducting Common Interviews for Bank Jobs in the 20 Nationalized Banks.The New system will be operational with immediate effect, this means that IBPS PO-2 Qualifiers are likely to be the First One's appear in the Common Bank Interviews, conducted by IBPS and not in Individual Bank's Interviews.

IBPS will be conducting Common Interview at different Places and Locations, so as to assist Regional Candidates and those belonging to far-flung ares

Experts in Banking Sector are of the view that Common Interviews for Bank Jobs is a good move by IBPS, as it will cut down the Multiple Selection of Candidates in Banks, for which the IBPS is being criticized, since the IBPS Platform was introduced in 2011.

 4 Reasons Why IBPS Examination System is a Failure
"It will be a win-win situation for banks and the aspiring candidates," said IBPS director Anup Sankar Bhattacharya. "The hiring process will be smooth for banks. On the other hand, candidates will save energy and cost as they don't have appear for multiple interviews."


Now Apply for Private Bank Jobs in India

8:27 PM / 0 comments / Read more

Bank Jobs aspirants and those irked with the IBPS Common Examination Platform will have something to cheer as 20 Public Sector Banks in India are planning to Conduct Common Interviews for those who have been declared in the Written Exam (IBPS CWE). Earlier, the IBPS Common Examination System is widely criticized and the students have demanded that IBPS Examination System must be banned. In one of our previous post, we have already discussed about Why IBPS Examination System is a Failure ?


The major reason as to Why this new System is being introduced is due to fact that only Toppers in the IBPS PO-1 Exam are getting the Interview Calls and are getting the Offers Letters from Multiple banks and the Next lot will get Interview calls only when the the first lot is absorbed, there by making the Recruitment process lengthy.
"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.


Why IBPS PO Result in Delayed ?


 IBPS had conducted the 2nd CWE for PO  on 17th June, 2012 and there had been lot of talk on the Internet as to why the IBPS is not declaring the PO Results on time and more than 100 Days have passed, but still there are no signs of the result.

 The reason as to Why the IBPS PO Results gets delayed is due to the reason that IBPS and Banks have been busy in formulating a strategy for conducting the Common Bank Interviews and reviewing the Strategy of the Recruitment Process.The New Recruitment procedure will be implemented for the IBPS PO-2 Qualifiers

 As, we have reported earlier that IBPS PO Result is expected to be declared in the Month of August, but it was delayed only that Banks and IBPS are working on this NEW and improved Recruitment Procedure and wants to get it implemented for IBPS-2 Exam.

IBPS PO Result Expected Date: As, the new IBPS Recruitment procedure is now completed, so IBPS result can be declared any time in October, But as per information received from IBPS through a Telephonic Conversation, the result is expected to be Declared in the October Ist Week
Here are Few Points that Candidates will find Interesting regarding the Common Bank Interviews
  • Public Sector Banks in India normally recruit 20,000 to 30,000 people every year. This process will surely save the time and money of the candidates.
  • 20 Public Sector Banks (excluding SBI) had given their mandate and approval to IBPS for conducting the Interview's on their behalf.
  • The New system will be introduced for the IBPS PO-2 Qualifiers and they will be the first among the lot to attend the Common Bank Interviews.
  • Candidates appearing for the Common Interview will  can attend the Interview without paying any fee. Earlier, each bank charged Rs 150 to Rs 200 for attending the Interview, there by making the Recruitment process costly
News Source: Economic Times 

 Its Official Now : Govt's Nod for Common Interviews for Jobs in Banks


Now Apply for Private Bank Jobs in India

8:47 PM / 7 comments / Read more

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