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Overview
IBPS Society and Trust
Historical Background
Vision, Mission, Philosophy
IBPS Society and Trust
The Institute of Banking Personnel Selection (IBPS), came into existence as a Society registered under the Societies Registration Act, 1860 and also as a Public Trust under the Bombay Public Trust Act, 1950. IBPS, which had its genesis in the new selection systems adopted by the Banking Industry in the post nationalisation period, is an autonomous institute set up by Reserve Bank of India, Central Financial Institutions and Public Sector Banks.
IBPS has established itself as a Premier Institute in the conduct of assessment for personnel selection with the capability of handling close to one crore candidates every year. The Institute provides its services to organisations in the BFSI sector, including RBI, SEBI, NABARD, SBI, GIC, etc. many of whom are regular members of the IBPS society. In addition, Central Public Sector Enterprises in varied sectors, State Government Departments/ Undertakings and Municipal Corporations also avail its services. Besides, reputed academic institutions avail the services of IBPS for admission to various courses as well as for manpower requirements.
IBPS has established itself as a Premier Institute in the conduct of assessment for personnel selection with the capability of handling close to one crore candidates every year. The Institute provides its services to organisations in the BFSI sector, including RBI, SEBI, NABARD, SBI, GIC, etc. many of whom are regular members of the IBPS society. In addition, Central Public Sector Enterprises in varied sectors, State Government Departments/ Undertakings and Municipal Corporations also avail its services. Besides, reputed academic institutions avail the services of IBPS for admission to various courses as well as for manpower requirements.
IBPS is an Associate Member of Indian Bank’s Association. The Institute has a tradition of interacting with academic and professional organisations in related fields, as well as Central/State Government level committees and sharing insights gained through experience and research activities. These interactions and exchange of ideas facilitate in fine-tuning processes related to the structuring and conduct of examinations.
IBPS has been created to render assistance to client organisations in their recruitment, promotion and placement functions by adopting best practices in design of suitable assessment tools, scoring of answer responses and processing results of examinations with speed, accuracy, and confidentiality.
Since inception, IBPS has been structuring and conducting large scale high stakes examinations, leveraging both modern technology and psychometric expertise. The Institute has been successful in structuring its processes to be inclusive and accessible to all strata of the aspiring candidate population.
IBPS is an Associate Member of Indian Bank’s Association. The Institute has a tradition of interacting with academic and professional organisations in related fields, as well as Central/State Government level committees and sharing insights gained through experience and research activities. These interactions and exchange of ideas facilitate in fine-tuning processes related to the structuring and conduct of examinations.
Vision
“To evolve and implement world class processes and systems of assessment / selection of personnel in a fair and objective manner for various client organisations, conduct relevant supportive research and publicise the findings”.
Mission
“The Institute strives to achieve fair selection to enable applicants from any part of the country possessing requisite Cognitive Ability, getting selected in banks and other organisations and thereby making the process inclusive and accessible to all strata of aspiring candidate population.
The Institute continuously modifies its systems and procedures in order to fine-tune its processes to ensure the goals of inclusion, accessibility and transparency. The Institute aspires to establish itself as a trusted global professional organisation engaged in assessments and personnel selection”.
Philosophy
Speed
Accuracy
Confidentiality
Historical Background
The journey of IBPS is closely associated with the major event of nationalisation of 14 major banks in 1969, and thereafter, the establishment of National Institute of Bank Management (NIBM) as an apex level research and training institute for all Public Sector Banks.
Post-nationalisation, banks were required to rapidly expand their branch network to afford a larger cross-section of people the opportunity to avail “Banking Services”. In order to expand their network, banks needed to recruit. “Selecting Right People for the Right Jobs” was a critical and crucial activity for them. Banks began advertising their vacancies and were flooded with applications, the volume of which far exceeded their capacity.
Senior functionaries in the banking industry felt that the traditional selection system could be improved by identifying the characteristics to be measured in the selection process and their relevance to subsequent on-the-job performance and career growth of the selectees and desired that the selection process should be uniform, standard and scientific. As Public Sector Organisations, “Public Accountability” was the major guiding principle for banks. Their mandate was hence for an effective selection system accessible to all eligible applicants, with characteristics of fairness and impartiality.
Some banks then approached the NIBM which designed and launched a new Selection Testing Process for them in some parts of the country. The new system received spontaneous acceptance from the banking industry. As the number of banks adopting the new system grew, the necessity was felt to constitute a separate Personnel Selection Service (PSS) unit to handle these projects.
In 1984, the PSS Unit of NIBM became a self-created independent institution- Institute of Banking Personnel Selection (IBPS). Four individuals, Dr. A. S. Deshpande, Dr. S. S. Kulkarni, Prof. K.V. Limaye and Prof. P.D. Gadre, deserve mention for their tremendous contribution to the inception and growth of the Institute. Their efforts to ensure scientific rigour in selection processes, their quest for perfection in systems through development programmes, interactions with national and international experts and peer organisations, hugely impacted the growth of large scale testing in India. Dr. A.S. Deshpande, the then Professor in-charge of PSS Unit, became its founder Director. Dr. S.S. Kulkarni essayed the role of catalyst and mentor in revolutionising the selection system, remaining an honorary faculty at IBPS with expertise in personnel management, educational technology and psychometrics. Prof. K.V. Limaye was closely associated with the development of all tests, group exercises and simulation exercises for selection of personnel for recruitment and promotion at various levels. Prof. P.D. Gadre joined IBPS first on deputation from NIBM and on permanent basis from 1985 was associated with the selection activity as faculty with expertise in educational technology and psychometrics.
Post-nationalisation, banks were required to rapidly expand their branch network to afford a larger cross-section of people the opportunity to avail “Banking Services”. In order to expand their network, banks needed to recruit. “Selecting Right People for the Right Jobs” was a critical and crucial activity for them. Banks began advertising their vacancies and were flooded with applications, the volume of which far exceeded their capacity.
Senior functionaries in the banking industry felt that the traditional selection system could be improved by identifying the characteristics to be measured in the selection process and their relevance to subsequent on-the-job performance and career growth of the selectees and desired that the selection process should be uniform, standard and scientific. As Public Sector Organisations, “Public Accountability” was the major guiding principle for banks. Their mandate was hence for an effective selection system accessible to all eligible applicants, with characteristics of fairness and impartiality.
Some banks then approached the NIBM which designed and launched a new Selection Testing Process for them in some parts of the country. The new system received spontaneous acceptance from the banking industry. As the number of banks adopting the new system grew, the necessity was felt to constitute a separate Personnel Selection Service (PSS) unit to handle these projects.
In 1984, the PSS Unit of NIBM became a self-created independent institution- Institute of Banking Personnel Selection (IBPS). Four individuals, Dr. A. S. Deshpande, Dr. S. S. Kulkarni, Prof. K.V. Limaye and Prof. P.D. Gadre, deserve mention for their tremendous contribution to the inception and growth of the Institute. Their efforts to ensure scientific rigour in selection processes, their quest for perfection in systems through development programmes, interactions with national and international experts and peer organisations, hugely impacted the growth of large scale testing in India. Dr. A.S. Deshpande, the then Professor in-charge of PSS Unit, became its founder Director. Dr. S.S. Kulkarni essayed the role of catalyst and mentor in revolutionising the selection system, remaining an honorary faculty at IBPS with expertise in personnel management, educational technology and psychometrics. Prof. K.V. Limaye was closely associated with the development of all tests, group exercises and simulation exercises for selection of personnel for recruitment and promotion at various levels. Prof. P.D. Gadre joined IBPS first on deputation from NIBM and on permanent basis from 1985 was associated with the selection activity as faculty with expertise in educational technology and psychometrics.
