IBPS Common Written Examination (CWE)
Institute of Banking Personnel Selection (IBPS) is the apex body for recruitment, promotion and placement services in Indian PSU (Public Sector Undertaking) banks. IBPS was founded in 1975 as a unit of National Institute of Bank Management. In 1984, it became an autonomous body.
Prior to 2011, every bank was conducting its own written exam for recruitment. This was expensive for banks as well as candidates. Thus, IBPS was entrusted with the responsibility of conducting Common Written Exam (CWE). Score of CWE is used by the PSU banks to shortlist candisates for further selection process (GD, Interview).
All PSU Banks, except the State Bank of India and its associate banks, recruit through a Common Written Examination (CWE) conducted by the IBPS has been conducting Common Written Examination (CWE) for recruitment of PO/MT, Specialist Officers, Clerks and Rural Banks from the year 2011. IBPS CWE Clerk and IBPS CWE PO is being held since from 2011. IBPS CWE for Specialist Officers and IBPS CWE RRB was held from 2012.
Types of IBPS Exams
IBPS conducts following four types of common written exams for specific recruitment targets.
- CWE for Probationary Officers (PO) and Management Trainee (MT)
- CWE for Clerical Cadre
- CWE for Specialist Officers
- CWE for Regional Rural Banks (RRB)
After the CWE is held by the IBPS, the result is declared and you are shortlisted for IBPS Common Interview. After the Interview, based on combined scores of CWE and Interview, merit list is prepared. Then, IBPS provides you the list of vacancy for each bank and you are asked to give your preference for banks. Based on the vacancy available and your preference for banks, IBPS provides you the offer letter.