{"id":256,"date":"2018-12-13T07:44:07","date_gmt":"2018-12-13T07:44:07","guid":{"rendered":"https:\/\/www.ixambee.com\/blog\/?p=256"},"modified":"2022-09-22T14:15:33","modified_gmt":"2022-09-22T08:45:33","slug":"full-form-of-ibps","status":"publish","type":"post","link":"https:\/\/blog.ixambee.com\/full-form-of-ibps","title":{"rendered":"Full Form of IBPS with All Details – What is IBPS?"},"content":{"rendered":"

\"\"INSTITUTE OF BANKING PERSONNEL SELECTION<\/strong><\/h1>\n

IBPS <\/b>is a common term that is quite prevalent among the aspirants preparing for banking exams. But just knowing the term isn\u2019t enough, if you are planning to make a career in the banking field and at some point of time you will be faced with this question and therefore you should be having complete necessary information.<\/span><\/p>\n

IBPS stands for <\/span>Institute of Banking Personnel and Selection<\/b>. It is a recruitment body \/ organisation which was formulated with the objective of recruiting the best eligible graduates in all the public sector banks (PSBs) in India, except SBI. SBI conducts a different examination altogether which is meant only for filling up the vacancies in SBI.<\/span><\/p>\n

IBPS is also responsible for providing the platform for assessments and processing of results for various organisations that take part in the examination conducted through IBPS. The most popular examinations are – <\/span>IBPS CWE MT , IBPS CWE for CLERK.<\/b><\/p>\n

CWE stands for Common Written Examination; MT stands for – Management Trainee ( PO).<\/span><\/p>\n

ORIGIN OF IBPS<\/b><\/h2>\n

All the banks that existed way back in India in the early 90s, were nationalized in 1969 and soon after that they needed to expand their network and thus the number of branches, which required more staff which could be fulfilled only through fresh recruitment drives and doing that on a large scale needed a proper framework and an effective selection process. Thus, the \u2018National Institute of Bank Management (NIBM)\u2019 the only leading organisation that existed then, was asked to do so, which was then converted into <\/span>IBPS <\/b>in 1984.<\/span><\/p>\n

SERVICES of IBPS<\/b><\/h2>\n

IBPS <\/b> or <\/span>Institute of Banking Personnel and Selection <\/b>provides its services to all kinds of banks – PUBLIC SECTOR BANKS<\/span><\/p>\n

– PRIVATE SECTOR BANKS<\/span><\/p>\n

– REGIONAL RURAL BANKS<\/span><\/p>\n

– FOREIGN BANKS<\/span><\/p>\n

It also extends its services to <\/span>co-operative banks, insurance companies, academic institutions, <\/b>and both <\/span>private- and state-owned companies<\/b>.<\/span> \u0437\u0430\u0439\u043c \u0441\u0440\u043e\u0447\u043d\u043e \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043f\u0440\u043e\u0432\u0435\u0440\u043e\u043a<\/a>\u043e\u0444\u043e\u0440\u043c\u0438\u0442\u044c \u0437\u0430\u0439\u043c \u0431\u0435\u0437 \u043f\u0440\u043e\u0446\u0435\u043d\u0442\u043e\u0432<\/a>\u0437\u0430\u0439\u043c \u0432 \u043a\u0430\u0437\u0430\u043d\u0438<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

INSTITUTE OF BANKING PERSONNEL SELECTION IBPS is a common term that is quite prevalent among the aspirants preparing for banking exams. But just knowing the term isn\u2019t enough, if you are planning to make a career in the banking field and at some point of time you will be faced with this question and therefore […]<\/p>\n","protected":false},"author":1,"featured_media":496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,16,6],"tags":[59,1047,1048,1049],"class_list":["post-256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-clerk","category-bank-po","category-exams","tag-ibps-po","tag-ibps-po-2022","tag-ibps-po-exams","tag-what-is-ibps-po"],"yoast_head":"\nFull Form of IBPS | What does IBPS stand for?<\/title>\n<meta name=\"description\" content=\"IBPS full form is Institute of Banking Personnel Selection \u2013IBPS stands for, meaning, what is IBPS, description, example, acronym for, abbreviation, definitions, and full form of IBPS.\" \/>\n<meta name=\"robots\" content=\"index, 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