P Chidambaram ask banks to play more proactive role in hiring their employees

The finance minister has asked chiefs of public sector banks to play a more proactive role in terms of recruiting their employee rather than being excessively dependent on Institute of Banking Personnel Selection (IBPS) to fill vacancies. P. Chidambaram conveyed this to bank chiefs at a meeting in Delhi while adding each banks should design its recruitment policy to suit its own requirement.  At present, IBPS screens and conducts a uniform online examination on the applicants on behalf of public sector banks. IBPS does not interview the candidate for the PSU bank, but has a say in directing candidates, who have cleared examination, to different banks for interview.  "Bankers have been satisfied with IBPS and recently some banks were thinking of asking IBPS to interview candidates on their behalf. However, the FMs view on the subjects will results into rethinking on this matter," said a banker present in the meeting............

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