New centralised hiring process for PSBs soon
The idea is to save time and costs and improve efficiencies. Significantly, this means candidates will have to go through the whole selection process again if they want to get appointed in any other bank. Currently, a candidate — clearing the Institute of Banking Personnel Selection's common test and the different interviews conducted by the PSBs — can be selected by many banks. The candidate then gets to choose more than one bank before finally settling down in one of the chosen banks.
This system makes it difficult for banks to fill up vacancies if candidates they have chosen opt for another bank in the final choice. The State Bank group and IDBI, however, have their own independent selection processes.
The new and simplified selection process will have a common interview and will see the successful candidate being asked by a common recruitment board to choose any one bank according to his/her merit and after taking into account whether he/she falls in the reserved category, official sources told FE.
While most PSBs agree with this centralised system, efforts are on to get the State Bank group and IDBI into it, they said, adding the new system will save
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