has been conducting Common Written Examination (CWE)
for recruitment of PO/MT, Specialist Officers & Clerks for nineteen PSU banks from last year. Now, even the Regional Rural Banks (RRB)
are also likely to follow the PSU banks in their recruitment process – if the news such as this
comes true, very shortly IBPS is going to conduct CWE For Regional Rural Banks
This must be a very good news for those of you bank job aspirants and what’s more, as the RRBs are located in local areas, may be you can find a bank job nearer to your home! This blog post is being made to apprise you of what are Regional Rural Banks as well to tell you about IBPS CWE in a nutshell, so that when the exam notification for IBPS CWE For Regional Rural Banks comes, you are better prepared to grab the job opportunity.
What are Regional Rural Banks:
History of Regional Rural Banks (RRBs) dates back to 2nd October, 1975 when five RRBs were established for upliftment of the rural economy. RRBs are jointly owned by the Government of India (50% stake), the State Government concerned (15%) and sponsor banks (35%).
1.0 There has been virtually no recruitment for 18 years since from 1990.
2.0 Volume of business has increased almost 10-fold.
3.0 Large-scale retirement is going to take place in between 2012 to 2015.
Why IBPS CWE for Regional Rural Banks:
Till this time recruitments in these rural banks are being done by IBPS individually – which has proved to be time-consuming as well as causing wastage of money and manpower because of duplication of jobs.
Therefore the RRBs have decided to follow the Common Written Examination route for recruitment of their banking personnel.
Will there be a separate IBPS CWE for Regional Rural Banks?
IBPS at present is organizing Common Written Examination for three kind of banking professional in Indian PSU banks, details of which you can find from following articles of mine:
1.0 IBPS CWE PO/MT
: For selection of Probationary Officers (PO) & Management Trainees (MT).
3.0 IBPS CWE Clerk
: For selection of bank Clerk/Assistants.
Therefore if there is a separate Common Written Examination for Regional Rural Banks, that will be the fourth IBPS exam. Most of you would naturally ask and I do agree with you, what is the need for a separate CWE for RRB, since these RRB can use the same CWE scorecard (as PSU banks) for short listing the candidates for GD/PI?
But even if these is a separate CWE exam for RRBs also, you should not worry, as the exam and eligibility pattern are likely to be same as those for the PSU banks. So once if you study for IBPS CWE as given above, you can crack the CWE for RRB easily. What you should be happy about is that, there are more job opportunities available.
Let us wait till the IBPS CWE notification for RRB to come out. Keep visiting this blog as I am going to post any information which comes to light on this topic.