What is the full form of IBPS

IBPS: Institute of Banking Personnel Selection

IBPS stands for Institute of Banking Personnel Selection. It is an independent organization which conducts online exams to recruit officers, clerks and trainees in public sector banks in India. The institute conducts different exams for different positions in public sector banks which are listed below:

• IBPS Clerk Exam for clerical positions
• IBPS PO Exam for Probationary Officers
• IBPS SO Exam for Specialist Officers
• IBSC RRB Exam for Officers and office assistants in Regional Rural Banks

IBPS periodically conducts online exams. It accepts online exam applications at its website and exams are conducted in multiple locations across the country.

Brief History

• It started its operation as Personnel Selection Services (PSS) in 1975.
• In 1984, with the permission of Reserve Bank of India (RBI) and public sector banks, it became an independent body.
• In 2011, it started conducting Common Written Examination (CWE) to recruit candidates in public sector banks.

Today CWE of IBPS is mandatory to get employment in the public sector or regional rural banks.

Participating Banks

Except RBI, almost all public sector and rural banks accept the IBPS score. Some of them are listed below:

• Allahabad Bank
• Bank of Baroda
• Bank of India
• Central Bank of India
• Dena Bank
• Indian Overseas Bank
• Oriental Bank of Commerce
• Punjab National Bank
• Union Bank of India
• UCO Bank