What is the full form of IBPS?

IBPS stands for Institute of Banking Personnel Selection.

Short Form IBPS
Full Form Institute of Banking Personnel Selection
Category Business » Banking
Country India
Popularity
Type Initialism

What is IBPS?

The Institute of Banking Personnel Selection is a body that conducts examinations for recruitment into various banks in India. IBPS was formed with an aim to reduce the time and cost involved in the recruitment process for banks.

IBPS conducts two types of examinations – the Common Written Examination (CWE) and the Common Interview (CI). Candidates who clear the CWE are eligible to appear for the CI.

The CWE is a written examination that tests a candidate’s knowledge of banking and finance. The CI is an interview that is conducted by a panel of experts.

Candidates who clear both the CWE and the CI are eligible for appointment as Probationary Officers (POs) in banks. POs are entry-level officers who undergo training for a period of time before being promoted to higher positions.

IBPS also conducts examinations for recruitment into other positions such as Specialist Officers (SOs) and Clerks.