Bank Exams 2020 in India are conducted mainly for recruitments of Officers and clerks in the Banking sector. In the field of commerce and accounts, banking is one of the niche careers to pursue that is expanding rapidly and India has 93 commercial and 27 public sector banks out of which 19 are nationalized and 6 are SBI and its associate banks, and rest two are IDBI Bank and Bharatiya Mahila Bank, which are categorized as other public sector banks. Recruitment for Bank Probationary Officers, Management Trainees, Clerks and for various other posts are done by the banks on the basis of certains exams. Exams for Bank recruitment are conducted by various agencies. Prior to 2013/14, All Public Sector Banks used to conduct their own entrance test, GDs and Personal Interview for recruiting candidates. However after 2014, IBPS conducts recruitment Tests for 12 PSU Banks. SBI holds a seperate entrance test for recruitment. for Latest Bank Exams 2020 notifications please see Bank PO Exams
In this, many aspirants will come to know about how to start their career in banking. There are many entrance level and aptitudes taken by different banks for recruitments. On the basis of performance in bank exams conducted around the year, Public sector banks in India recruit professionals. Most public sector banks recruit employees through IBPS banking exams while some recruiters such as SBI and NABARD conduct their own separate recruitment exams. Here we have a look at various entry level examinations which are held by different banks or institutes for various positions.
Here are a few well-known banking entrance examinations conducted by different banks and financial organization. As these are the competitive exams for recruiting professionals so one should note that the competition in these exams is high.
SBI Clerk Exam 2020 For the recruitment of Indian citizens for appointment in the Clerical Cadre posts, a separate test is conducted by the State Bank of India. Candidates can apply online through Bank’s website www.statebankofindia.com or www.sbi.co.in. Final selection will be made on the basis of performance in the written test and interview taken together. The written test will be of Objective type consisting of General Awareness, General English, Quantitative Aptitude, Reasoning Ability and Marketing Aptitude/Computer Knowledge.
Common Written Examination (CWE Clerk) is a prerequisite for selection of personnel for Clerical cadre posts in the Public Sector Banks which is conducted online by the Institute of Banking Personnel Selection (IBPS) tentatively in November/ December. Candidates who appear and are shortlisted in the examination, will subsequently be called for a Common Interview to be conducted by the Participating Organisations and co-ordinated by IBPS. Depending on the State/UT wise available vacancies in Participating organisations, candidates shortlisted will be allotted to one of the Participating Organisations, keeping in view the spirit of Govt. Guidelines on reservation policy, administrative convenience, etc.
Institute of Banking Personnel Selection (IBPS) conducts a Common Written Examination (CWE) as a prerequisite for selection of personnel for Probationary Officer/ Management Trainee posts in the Public Sector Banks. This system of Common Examination for recruitment of Probationary Officers/ Management Trainees has been approved by each of the 22 participating Public Sector Banks and the Managing Committee of the Indian Banks’ Association (IBA) with the consent of the Government of India. IBPS will make arrangements for conducting online examination, declare result of online exam and inform the shortlisted candidates about the interview. Interviews will be conducted by the participating organisations and coordinated by the Nodal Bank in each state/ UT with the help of IBPS.
Recruitment for the post of Probationary Officers has been conducted by the State Bank of India. The structure of the written examination of the PO exams by State Bank of India includes a written examination which is a part of Phase-I of the selection process for the recruitments of Probationary Officers. Further the exam is divided into two parts; Part A and Part B. Part A of the exam will consist of Objective Tests whereas; Part B will consist of a Descriptive Paper.
Also See : Top Entrance Exams for Bank Recruitment
A Common Written Examination (CWE) is conducted for recruitment of Officers (Scale-I, II & III) and Office Assistants (Multipurpose) in Regional Rural Banks (RRBs). The next Common Written Examination for RRBs (RRBs CWE-III) for recruitment of Group “A”-Officers (Scale-I, II & III) and Group “B”-Office Assistants (Multipurpose) is conducted online by the Institute of Banking Personnel Selection (IBPS).
A Common Written Examination (CWE) is conducted for the recruitment of Specialist Officers in Public Sector Banks coordinated by the Institute of Banking Personnel Selection (IBPS). There are different post requirements and different Scales which depend on the vacancies at the moment. So the eligibility will vary on the post and the scale of the required officer. Example – Marketing Officer, Law officer, HR Officer, IT Officer, etc.
IDBI Bank conducts its own aptitude tests for . The recruitment would be on a contractual basis and will be for a period of 1 year initially. Online exam will be conducted for the selection of Executives. Candidates can get the details of Eligibility Criteria, Application Fees, Exam Pattern of Online Tests, Application Process along with the Official Notification from IDBI Bank as PDF.
Reserve Bank of India (RBI) publish the recruitment notification for Grade B Officer Posts. Eligible candidates can apply via online mode.
RBI offers office assistant programmes to aspiring banking professionals in India and it is one of the most respected clerkships in the banking sector . Besides data entry jobs, working at RBI even as an assistant molds a candidate into handling challenging jobs easily in the future. RBI conducts the preliminary banking exams for assistantship in the month of December every year.
Recruitment for NABARD is done for officers designated as Grade A and B. Banking exams are conducted by NABARD for both, grade A and B officer recruitment.
Private Banks mostly conduct their own aptitude tests for candidates. For Example – Axis Bank conducts its own exam, whether you are a fresh graduate beginning your career or an experienced professional looking to accelerate your career growth, Axis Bank can be your platform to enrich your career. It is one of the India’s largest private Banks. Check out Axis Bank Young Bankers Program
ICICI Bank conducts its own exam and receives ONLINE applications only from Indian Nationals for appointment of young professionals as Probationary Officer. Applicants joining the Probationary Officer Training Programme will be enrolled for MBA in Banking and Finance with Manipal University, an UGC recognized University. It is full time residential training programme conducted at ICICI Manipal Academy campus, Bangalore.
Also See : Bank PO Exam Notification and Dates