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Here's a good news for all the Bank jobs Aspirants in India. Now the government's plan for conducting a common entrance test for al bank exams is to be materilized and Indian Bank's Association (IBA) has finalized this innovative and new method of banking Personnel selection. The changes are to take effect from June-2011.
This new mehtod will eliminate the complaining about the delay in knowing results of bank exams in the current banking recruitments. A few points about this new method of selection in Banks are as follows:-
Institute of Banking Personnel Selection (IBPS) will conduct this exam 2 times in a year. Once each for Clerks and Probationary Officers.
Each Candidate will be given a scorecard Which will be valid for One year.
Participating Public sector banks That will look to recruit for above posts will invite applications from candidates having valid scorecards with all the Eligibility conditions like age, education, Percentage explicitly mentioned. Those satisfying the eligibility criteria can send their applications and get directly in Interview or Group discussion (Accroding to bank selection Criteria).
The common exam model will cover job vacancies in Following Banks:-
  • Allahabad Bank
  • Andhra Bank
  • Bank of Baroda
  • Bank of India
  • Bank of Maharashtra
  • Canara Bank
  • Central Bank of India
  • Vijaya Bank
  • UCO Bank
  • United Bank of India
  • Union Bank of India
  • Syndicate Bank
  • Punjab & Sind Bank
  • Punjab National Bank
  • Oriental Bank of Commerce
  • Indian Overseas Bank
  • Indian Bank
  • Dena bank
  • Corporation Bank
Please note That State Bank of India & its 5 associate banks do not Participate in This process and they will conduct separate tests whenever required.

The IBPS Common bank exam 2011 for PO and Clerical Posts are already announced. Although the applications are closed now but you may read the advertisements to know more about the Terms, Pattern, criteria etc.

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