If you are eyeing for a settled career in banking domain through IBPS, then you might have to hold that thought for at least 2 years as a shocking News: IBPS may stop Bank Recruitment for few years came out recently.
The real reason behind taking such a hard step in favor of aspiring candidates is the huge crises that all Banks in our country are facing. The RBI or reserve bank of India cleared the air by issuing notice to banks for not conducting and organizing recruitment drives till further notice by it. This shall continue till the financial position of banks or RBI becomes stable.
IBPS, an autonomous body that is renowned for hiring candidates in massive number is saying a no to the hiring process for few years. Many banks participate in IBPS recruitment process. IBPS conducts examinations for various posts such as Probationary Officer, Specialist Officer, Clerical Cadre, Management Trainee etc. IBPS releases official notifications every year against every job that it floats so that candidates can apply in response to the official notification. Further selection rounds/phases are also conducted by IBPS to fill in required vacancies.
If we see the facts, then Indian Overseas Bank is in that list which did not recruit even a single candidate last year for the various posts and vacancies. This Shocking News: IBPS may stop Bank Recruitment for few years has created a lot of panic and buzz among those who were aiming for a banking sector job.
There are many banks that have already stopped recruitment through IBPS. The list is given below for your assistance:
United Bank of India
Bank of India
Punjab National Bank
Indian Overseas Bank
This banks list tends to grow with the passing time. The scenario has totally changed and it is going to impact a lot of candidates.
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