Less Chances for Banking Aspirants
Category : IBPS
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Last year, Institute of Banking Personnel Selection (IBPS) took over the banking exam procedure. Earlier, banking exams were conducted by individual banks. However, many times, the dates of banking exams clashed, which caused inconvenience to candidates.
Anticipating a rise in demand for banking jobs, and to do away with irregularities in the recruitment procedure, the finance ministry decided to have one common exam for recruitment to public sector banks. As of now, 20 national banks participate in the procedure, which does not include the State Bank of India.
However, despite the move, last year, there was a hue and cry about the shortlisting procedure for interviews. Candidates alleged that banks shortlisted candidates for interviews arbitrarily.
In order to avoid such chaos, the finance ministry has proposed another change in the IBPS CWE pattern. 
For the first edition, the IBPS CWE for clerical and PO posts was decided to be conducted twice a year. However, following last year’s fiasco, the finance ministry directed IBPS an the banks that the exam will be conducted only once a year.    
In effect, the directive means that if you failed to clear the IBPS CWE in an year, you would have to wait for an entire year before appearing for the exam again. This is an obvious disadvantage to the previous pattern where banking exams were conducted by individual banks throughout the year.
However, if you look closely, the new pattern does have its share of advantages as well.
No overlapping- Since the exam will be conducted only once a year, the chances of overlapping will be reduced. Candidates who qualify for the interview stage won’t have to fear about the successive batch eating away their chances. Thus, it will lead to maximum employment
More transparency- The new pattern will also bring transparency in the exams. Banks will have to stick to one common criteria for shortlisting candidates, which bodes well for recruitment drive.
SBI follows its old Pattern:
The IBPS CWE has been largely popular among banks as well as candidates since its inception in 2011. However, the State Bank of India, and its 6 associate banks continue to remain aloof from the examination procedure.
SBI continue to stick to its old recruitment pattern. If you are aspiring for a job in SBI, you will have to sit for a separate exam and an interview. Thus, if you fail to clear the IBPS CWE, you still have one more shot at securing a job in a public sector bank.
Public Sector Banking Jobs:
Although the one-exam-a-year policy is a significant shift for public sector banking jobs, the testing pattern continue to remain the same. You are tested on your analytical skills, reasoning skills, general awareness, and English language skills. Of course, your soft skills are important too, which are tested in the interview stage.