Tuesday, August 14, 2012

IBPS Crucial Meeting Held : Eligibilty criteria relaxed and grip tightened on toppers



It is always said that Criticism brings some good results, and this fact is recently verified in the Crucial IBPS meeting held a few days ago.In one of our previous posts, we have bring to the light 4 Reasons as to Why the IBPS Examination System is a Failure, and now the IBPS had taken some crucial decision and can be treated as a welcome step from a large pool of IBPS Passed students.



Some of the points that were discussed in the meeting are :

  • Non-Graduation for clerks.
  • Reduction in Application fees.
  • Tighten grip on toppers.
  • Fixing Higher Cut off for Interviews.

Non-Graduation for Clerks


In our previous posts, we have discussed that minimum eligibility criteria to apply for Bank Jobs in now graduation, but in the meeting it was decided that this rule will be applicable only from the next IBPS Clerk Exam.So those Non-Graduate students who have passed the IBPS Clerk exam can now apply for Bank Clerk Jobs.It is worth mentioning here that only 15 % of 5.31 lakh IBPS Passed students are Non-graduates.

Reduction in Application fees


In another welcome decision, the banks have decided to reduce the Application fees from Rs 200 to Rs 100 and Rs 50 to Rs 20.It is worth mentioning here that students will have to remit application fees at the bank branches before applying for jobs in that particular bank.

Most of these application fees are non-refundable, so those candidates who did not get Interview Calls, often complaint of spending money for just applying.



Tighten grip on toppers


Another important point discussed in meeting is that Only Toppers are getting Interview calls from most of the banks.This raised much hue and cry, because there is a delay caused by selected candidates in joining the banks, and now IBPS had decided to take some stringent steps in this regard.

  • Restricting the joining time to only three weeks.
  • In case the candidates, did not join by the due date, the offer will be given to the next candidate in the waiting list.
  • Maintain the due number of Candidates in the waiting list, and conducting the Interviews for unfilled posts with those candidates who have already applied.

Fixing Higher Cut offs for Interviews


Last but not the least,the banks have decided to fix the higher cut offs the the Interviews.This means that banks will call the candidates only in the ratio of 1: 3 or 1:4 to the total number of vacancies.Earlier the banks will call the candidates in the ratio of 1:10.This created much chaos among those  candidates who have applied for the Interview and when the Interview list is declared, only those candidates are called who rank higher in the merit list.This means wastage of money for lower ranked candidates

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