IBPS PO 2012 Results in October & Common Interviews to Start

Multiple selections’ – could be the one thing that makes numerous young people turn red in anger against banks & top scorers of common written exams in the ongoing recruitments for bank jobs.What else could be their reaction to see the same candidates being shortlisted in all banks? This could well be a thing of past as common interviews for bank jobs are set to be introduced.

The issue of repeat selections has been haunting many since the start of interview process for PO vacancies & has been widely criticized.

Though banks were also not able to get the employees they wanted, nothing much could be done as policy decisions had to be finalized at the top level in public sector enterprises.The latest developments appeared in ET recently

Announcement soon

The finance ministry in July 2012 was in consultations with PSU banks regarding this methodology which seemed to have attained shape.(See Govt steps in with an idea)

The strategy for common interviews has reached final stages & could well be implemented this year itself as senior officials of IBPS & PSB`s have agreed to the proposal, says the newspaper report.

Update on October 5: The Government has given green signal for common interviews in bank recruitments & passouts of IBPS 2012 PO common exam would most probably the 1st batch to attend this new procedure.

IBPS PO results in October

As per the daily, over 7.5 lakh candidates sat for the PO examination & their results shall be out before October 10th.

Though we couldn’t confirm the attendance with the institute, it is possible for such a turnout comparing last year that saw 10.4 lakh appear.

If all fall in place, qualifiers of IBPS CWE held on June 17th 2012 could be the 1st batch to go through these common interviews.

In such a case, they need not appear before a panel of each bank but have to enter the interviewing hall just once similar to single test for all bank jobs.

Can common interviews solve selection issues?

Mr.Venky Prasad Reddy, trainer at a Hyderabad based competitive exam coaching academy believes the new initiative would be very beneficial for bank job aspirants.

“With already a common written exam for clerk and officer posts in place, common interviews will make bank recruitments simpler, save time & most importantly minimize multiple selections.

Candidates also need not prepare throughout the year like in earlier cases but would get only once chance to prove themselves. In case of missing it, they shall have to wait for the next attempt after 6 months.

But I still have the following questions in mind because BSRB (banking services recruitment board) was abolished on many of these grounds,

  • Will candidates be allowed to choose the bank they wish to join?
  • Will banks be able to choose their desired candidate?
  • How many choices will a qualifier be provided?
  • Will scorecard be seized by the bank on appointment?
  • Is there any possibility of waiting lists/ 2nd lists in this process?

These areas should be taken into account by the authorities while preparing the notification & explained clearly upfront to avoid last minute procedural hiccups.

As competition among students & vacancies in banks swell at higher rate – we have to get it right this time”, he concluded.

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