Mumbai: In good news for public sector bank jobs aspirants and their prospective employers, there will be a common all-India entrance test from next year with an aim to reduce time and hassles in the recruitment process.
The recruitment process, beginning from the advertisement to examination and interview stage to final recruitment, which now takes about a year to get over will drop drastically by a third, reducing the anxiety levels of candidates after an entrance exam.
"There will now be a common pan-India entrance test which will help in reducing recruitment-time by almost a third of what it takes now," Indian Banks Association's Chief Executive K Ramakrishnan told, on Wednesday.
The exam will be conducted by the Institute of Banking Personnel Selection mainly for clerical staff.
Three to four such common entrance examinations are planned to be conducted every year and "this should begin in 2011," Ramakrishnan said.
The exam will be conducted by the Institute of Banking Personnel Selection (IBPS) which will declare the results of the exam and give a scorecard to the candidates, valid for up to one to one-and-a-half-years. The exams will be mainly for clerical staff and entry-point officers, he said.
With this, candidates need not sit for an entrance exam each time a public sector bank advertises for recruitment. Once a candidate clears a common entrance exam, he or she has just has to respond to the advertisement and
appear for an interview.
"20 public sector banks have joined this concept," Ramakrishnan said, adding "through this exam, we aim to create a pool of people who have passed the exam and who can be recruited by banks."
This should come as a boon to PSBs which can easily and promptly tap this pool for recruitment, saving them both time as well as the hassles of conducting the exams themselves.
The State Bank of India group, will, however, not be a part of this common entrance test. "The SBI group has its own recruitment process and it will continue with it," Ramakrishnan said.
Once the validity period of the scorecard expires, the candidate will have to reappear for the exam, he said. Going forward, it is planned to hold exams for specialised officers such as rural officers, accountancy, law and agriculture specialists, Ramakrishnan said.