Applicants preparing for jobs in major public sector banks across India now face a simpler and more consistent hiring process following the Finance Ministry’s latest directives. The Finance Ministry Standardises SBI by introduced a set of reforms. It focus on recruitment assessments and the schedule for result announcements.
It affects the State Bank of India (SBI), Nationalised Banks (NBs), and Regional Rural Banks (RRBs), all overseen by the Institute of Banking Personnel Selection (IBPS).
Finance Ministry Standardises SBI to simplify procedures
These changes aim to clarify procedures and reduce issues caused by frequent internal movement, which has led to disruptions. A government assessment found that candidate transitions from RRBs to NBs and then to SBI have caused attrition and led to repeated recruitment drives.
New rules state that results for officer-grade examinations will be announced before those for clerical positions. One official noted, “This will help candidates express their preferences quickly and make informed career decisions,” allowing individuals to figure out their next steps with more confidence.
Key changes in the new structure
- Results for officer positions will be published before those for clerical roles.
- The order of reporting will be: SBI, NBs, then RRBs.
- This aims to reduce attrition as candidates move between banks.
- There will be greater clarity and predictability for applicants.
- Candidates can compare offers before making a decision.
Officials expect these changes will improve workforce planning for both employers and candidates. A spokesperson said, “This structured approach will make predictions easier for candidates and improve recruitment stability in the banking sector,” highlighting the benefits expected for both sides.
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