A Comparative Study on Innovative Recruitment and Selection Practices Adopted for Officers in Public Sector Banks

This paper attempts to analyse the recruitment and selection practices adopted for specialist officer and probationary offices of Public sector banks (PSB). The Common Written Examination (CWE) for specialist and probationary officer posts is conducted every year by Institute of Banking Personnel Selection (IBPS). Secondary data pertaining to recruitment of specialist and probationary officer in public sector banks were collected from different websites of Institute of Banking and Personnel Selection (IBPS), Banking Exams India and RBI. Common written examination (CWE) and personal interview method were conducted to recruit and select various officers' post in PSBs. In case of probationary officers' examination, majority of candidates scored Total Weighted Standard Score (TWSS) in the range of 126 to 155. Very less number of candidates scored TWSS above 180. A paradigm shift is taking place from traditional to online method of recruitment and selection process in PSBs. Almost all the process of recruitment and selection was done by online method except personal interview method. Identifying high performing and quality human resources are challenging task faced by HR executives, since volume of candidates appearing for the examinations are in higher side. When compared to the traditional method of recruitment conducted by IBPS, online process of recruitment method enhanced the speed and merit in selection process.