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Non-banking Companies may appoint the Remaining Bank Job Aspirants Selected by IBPS

Jun 17, 2013 17:13 IST

    Around 70,000 candidates selected by the Institute of Banking Personnel Selection (IBPS) are still waiting for bank jobs. Now, here comes a good news for them. They might be picked up by non-banking entities, which are planning to hit this ready pool of job seekers in order to avoid hectic hiring process that consumes both the time and money, as well.

    Based on candidates’ performance in Common Written Exam and Common Interview, the IBPS has prepared a merit list of 1, 25,000 successful candidates. Then, the top 55,000 candidates from different categories were allotted seats or being enrolled into various Public Sector Banks in India, except the State Bank of India that conducts its separate recruitment exams.

    Now, the IBPS is off to make arrangements for the remaining 70,000 candidates through non-banking sector, anticipating that the non-banking jobs may appeal to them. An IBPS official said that the various state undertakings in Rajasthan, Maharashtra and Bihar are in touch with the board intending to hire from the pool of waiting candidates.

    Small Industries Development Bank of India (SIDBI) has expressed willing to hire from this list as and when required. "Hiring from the ready list of suitable candidates is a sensible choice as this makes the whole process a lot easier," said Sushil Muhnot, the chairman and managing director of SIDBI.

    The IBPS board has already cleared the move and now seeking final clearance from the government. As per the sources, Rajasthan Financial Corp might be the first non-banking entity to pick up from the list of 70,000 bank job aspirants.

    Prior to all, the IBPS will send feelers to the waiting candidates to ask if they would like to take up non-banking jobs. And, the point to be noted here is that if hired by non-banking entities, candidates won’t be considered for further allotment in banks for 2013-14 recruitment.

    Although IBPS aspirants are more interested into bank jobs, it is expected that candidates with low scores will choose over to take up a job in state undertakings rather than waiting for a follow-up placement opportunities in banks in the year 2013-14.

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