IBPS

IBPS(Institute of Banking Personnel Selection)
Beginning:

The Institute began in 1975, just after nationalization of banks, as Personnel Selection Services (PSS), a unit of National Institute of Bank Management (NIBM). The objective was to develop an unbiased and efficient system for recruitment, promotion and placement services. This prototype initiative was extended to provide these services with all the academic and operational inputs to the banking industry initially which now has been extended to non-banking sectors as well. In 1984 this unit became an independent entity – Institute of Banking Personnel Selection (IBPS) at the behest of Reserve Bank of India (RBI) and Public Sector Banks. The first Chairman of its Governing Board was Dr Manmohan Singh, the then Governor of RBI. IBPS is envisioned as self governed academic and research oriented institute, with a mission of enhancing human resource development through personnel assessment.

The Institute is an autonomous body; registered as a Public Trust under the Bombay Public Trust Act of 1950; a Scientific and Industrial Research Organization by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India and a centre for providing PhD in Management affiliated to the SNDT University.

Role and Responsibility:

By enhancing its consulting expertise over the years, the institute has acquired the distinction of a Premier National level Institute and the fore-runner in the field of personnel selection. It pioneered the use of Objective Type Cognitive Ability tests for mass level examinations. Its success story has now registered a distinctive hallmark on the national horizon, be it class or mass selection.

Its Roles include the following:

·         Recruitment : Recruitment at Entry, Middle and Senior levels as well as assessing in General and Specialist cadres, on the basis of  methods of selection which are efficient and relevant to the job profile. Its approach to selection is based on identification of talent that is most appropriate to the changing functional roles and business needs.

·        Promotion and Placement: IBPS has been conducting inter-scale promotion assessments for both Generalist and Specialist cadre employees across levels of the organizations. With the selection process, the Institute helps its clients in succession planning their manpower, thereby providing opportunities for the employees to grow and develop.

·        Assessment Programmes:  The aim of conducting these programmes in various clients such as Public sector banks, is to identify gaps in the skill levels [between desired level and observed level], decide upon placement of employees by matching the employee profile with the job profile and identify training needs of individual employees. These programmes also provide a platform for personal development of employees.

• Short term Training for its clients in areas like Behavior assessment skills, Item writing skills,Training on test administration procedure for personnel, Training on test administration for centre (City) coordinators, Training programs for trainers, Induction training programs for newly recruited staffs etc.

·         Research and Development: The Institute is also recognized as a Centre for guiding scholars for PhD in Management by SNDT University. Five Faculty Members are recognized as PhD Guides. It also offers internship opportunities to post graduate students in the areas of behavioral assessment sciences. It has rich library which is well-stocked with books and periodicals related to Human Resource Management, Psychometrics, Testing, Measurement & Evaluation, General Management, Banking and Finance, Information technology and the related areas of Selection Science. It also provides its staff, visiting scholars and interns, the opportunity to gain knowledge through e-learning process.

The list of clients are broadly classified into:

 Ø  PublicSector Banks

 Ø  Private and Foreign Banks

 Ø  Regional Rural Banks

 Ø  Central and Other Financial Institutions

 Ø  Co-operative Banks

 Ø  Insurance Companies

 Ø  Other Public/ Private Sector Undertakings

 Ø  Academic Institutes