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The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates, postgraduates and doctorates at the rank of Group 'A' officer, Group 'B' officer, Group 'C' employee and Group 'D' employee in ...
A 2018 stamp dedicated to the 100th anniversary of the Union Bank of India. Union Bank of India was established on 11 November 1919 in Bombay (now Mumbai) by Seth Sitaram Poddar. [1] The bank's corporate office was inaugurated by Mahatma Gandhi. At the time of India's independence in 1947, the bank had four branches – three in Mumbai and one ...
Recruitment: This branch carries out Direct Recruitment(out of the 3 possible mechanisms of : 'direct recruitment', 'recruitment by promotion' and 'recruitment by transfer and permanent absorption') by selection to all Group `A’ and certain Group `B’ posts of the services of the Union (including some Union Territories). These recruitment ...
The Common Eligibility Test (or CET), is an upcoming examination in India to be started from year 2025 for recruitment of staff to non-gazetted posts in the central government and public sector banks and Indian Railways. The test will be conducted by National Recruitment Agency [2] which will function as a central agency of Indian Government ...
In 2007, he was named director of board of Small Industries Development Bank of India as well as of Institute of Banking Personnel Selection. [7] [8] In 2008, he was named as non-executive chairman of Star Union Dai Ichi Life Insurance Co., which is a joint venture between Bank of India, Union Bank of India and Dai-ichi Life Insurance. [9] In ...
A 60% stake was taken by the Reserve Bank of India and the new bank was named State Bank of India. The seven other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government. [1]
Greater autonomy was proposed for the public sector banks in order for them to function with equivalent professionalism as their international counterparts. [11] For this the panel recommended that recruitment procedures, training and remuneration policies of public sector banks be brought in line with the best-market-practices of professional banking systems.
National Recruitment Agency [1] is a Central Recruitment Agency established by the Government of India, that will conduct a Common Eligibility Test (CET) [2] for selection to all of the Group C and Group D employee posts in all central government establishments which includes all of the central public sector undertakings and all of the central autonomous bodies. [3]