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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 ...
To test and certify attainment of competence in the profession of banking and finance. To collect, analyze and provide information needed by professionals in banking and finance. To promote continuous professional development. To promote and undertake research relating to Operations, Products, Instruments, Processes, etc., in banking and finance.
In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate, control, and inspect the banks in India. The Banking Regulation Act also provided that no new bank or branch of an existing bank could be opened without a license from the RBI, and no two banks could have common directors.
The commission is headed by a Chairman [5] and two members after him. Besides, there are one Secretary, one Director, one Deputy Secretary, two Joint Directors, nine Under Secretaries, four Deputy Directors, one Finance & Budget Officer, one Assistant Director (OL), 24 Section Officers and more than 183 supporting officers/staff are at the Headquarters for discharging the duties and ...
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Common Management Admission Test (CMAT) is an online computer-based test conducted by the National Testing Agency (NTA), India. It is a national-level admission test for facilitating institutions to select suitable students for admission in all management programmes approved by AICTE. The first edition of CMAT was conducted in 2012. [1]