IBPS Full Form: Institute of Banking Personnel Selection

IBPS Full Form: The IBPS stands for Institute of Banking Personnel Selection. It is an autonomous organisation which is responsible for the recruitment of suitable candidates for various banking jobs. IBPS conducts multiple competitive exams for banking professionals, which includes IBPS PO, IBPS Clerk, IBPS SO and IBPS RRB exams It recruits the candidates for nationalised banks, regional rural banks (RRBs), and other participating banks.

What is IBPS Full Form: Features & Details

IBPS is the examination conducting body. It conducts the examination for recruiting candidates in banks at different levels, such as officer, specialist officer clerks, etc. The journey of IBPS is closely associated with the major event of nationalisation of 14 major banks in 1969 and thereafter, the establishment of the National Institute of Bank Management (NIBM) as an apex level research and training institute for all public sector banks. Post-nationalisation, banks were required to rapidly expand their branch network to afford a larger cross-section of people the opportunity to avail of "banking services." In order to expand their network, banks needed to recruit. "Selecting the Right People for the Right Jobs" was a critical activity for them. Banks began advertising their vacancies and were flooded with applications, the volume of which far exceeded their capacity. In 1984, the PSS Unit of NIBM became a self-created independent institution- Institute of Banking Personnel Selection (IBPS).

Major Exams Conducted by IBPS: Overview

IBPS is responsible for conducting the following key exams, as listed below

IBPS PO (Probationary Officer): One of the most sought-after exams for officer roles in banks.

IBPS Clerk: focused on recruiting clerical staff.

IBPS SO (Specialist Officer): targets professionals like IT, HR, and marketing experts.

IBPS RRB (Regional Rural Banks): caters to rural banks looking for officers and assistants.

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IBPS Full Form in Banking: Highlights 

IBPS is the banking organisation that conducts banking exams in India. The major highlights of the IBPS full form is given below in the table. 

IBPS Full Form in Banking: Eligibility Criteria 

The minimum educational qualification required for the IBPS examination is a graduation degree from any recognised university. Other than the required educational qualification, the candidate should be a minimum of 20 years old and the maximum age changes as per the post candidate is applying. However, relaxation in age will be reserved for category candidates. Check the table below for exam wise age requirement

IBPS Exam Selection Procedure

IBPS follows different exam structures for different exam posts. The candidates in the IBPS PO will be selected based on their performance in prelims, mains and interviews, whereas for IBPS clerk examination candidates will be selected based on their performance in prelims and mains. Check the table below for exam wise selection criteria