Every year, lakhs of candidates apply for various bank exams in India.With the bank exams 2020 set to start soon in the next few months, do you know how many bank jobs were filled in the year 2019?
Public sector banks are one of the leading job creators in India, compared to other sectors.It is one of the primary reason for fresh graduates to appear for banking exams regularly. This trend continued in the year 2019 as well.
The lockdown restrictions imposed due to covid19 pandemic are being relaxed across most states of India.And it is the right time for bank job aspirants to know about the total vacancies including post-wise details for previous year, that will help you to prepare for the upcoming exams.
How many bank jobs in 2019?
A total of 36581 bank jobs were announced by govt banks during the calendar year of 2019. This includes all the Public Sector Banks (PSB), Regional Rural Banks (RRB) & State Bank of India (SBI)
The recruitments were held for – Clerk, Probationary Officer (PO), Specialist Officer (SO) and Office Assistant & Officer in Regional Rural Banks (RRB).
| Exam name | Post | Vacancies |
|---|---|---|
| IBPS PO | PO | 4336 |
| IBPS Clerk | Clerk | 12075 |
| IBPS SO | Specialist Officer | 1163 |
| IBPS RRB | Officer (scale I, II & III) Office Assistants | 4680 3674 |
| SBI PO | PO | 2000 |
| SBI Clerk | Junior Associate | 8653 |
As listed in the table, 4336 probationary officers (PO), 12075 clerks and 1163 Specialist officer vacancies were created across 17 public sector banks in India through IBPS PO, IBPS clerk & IBPS specialist officer examinations in 2019-20.
4680 officers (scale I, II and III) and 3674 office assistants, were appointed in 45 regional rural banks across India with IBPS RRB examination 2019 qualifiers.
State Bank of India had also separately announced a massive recruitment drive to fill 8653 junior associate (clerical cadre) & 2000 PO last year.
But, How Banks Recruit?
Having looked at the above numbers, a question that will arise among newbies is – How can I apply for these bank jobs?
IBPS (Institute of Banking Personnel Selection) is responsible for conducting common examinations & interview for different positions in all government banks.These exams are conducted once a year as per the IBPS bank exam calendar.
Candidates who posses the eligibility for IBPS bank exams can apply and qualify in the selection process with necessary cutoffs, who are then allotted to banks based on their scores.
State Bank of India does not participate in IBPS common recruitment process.They issue separate notifications and select candidates based on scores in those exams.
How many bank jobs in 2020?
Will there be same number of bank vacancies in 2020? How many banks will issue recruitment notifications for upcoming year, would be the questions that will arise in your mind now.
Following the merger of 10 public banks, there are only 12 govt owned banks, which was 18 in 2019 and 27 in the year 2017.So this shakeup in banking sector may have an effect on the vacancies in 2020.
Taking into account all these factors and after consulting with hiring experts, we expect banks to recruit for below positions in 2020:
- PO: 3000 – 4000 posts
- Clerk: 10,000 – 11,000 posts
- Specialist officers: 700 – 800 posts
IBPS bank exams shall start in August 2020 as per the schedule of events released by the institute. So there will be a clear indication of number of bank jobs, once that official notice is released.
