Know More About IBPS Regional Rural Banks
Did you know that Regional Rural Banks (RRBs) commonly known as the Gramin Banks are total 82 in number in India! They are associated with IBPS and recruitment in these 82 RRBs happen just through IBPS CWE! Now before telling you more about Regional Rural Bank (RRBs) tests just take a glimpse of some intresting facts about RRBs.
Rural banking in India has existed in India since the establishment of banking sector. Regional Rural Banks (RRB’s) were established on 2nd October 1975. They provide banking facilities in rural areas with low cost structure and to uplift the weaker sections of the society through the implementation of poverty alleviation programs. Their objective is to ensure sufficient institutional credit for agriculture and other rural sectors.
The capital in all Regional Rural Banks is contributed by the Government of India sponsored bank and the State Government in the ratio of 50 : 35 : 15 respectively. NABARD provides refinance facilities to the regional rural banks for their lending needs and also regulates the functioning of RRB’s.
RRBs have recently joined the bandwagon after 20 public sector banks who decided that recruitment for the position of clerk, probationary officer and specialist officer in their public sector banks will solely be based on IBPS CWE. The good news is that unlike these public sector banks where vacancies for just these three positions are on offer, RRBs recruit personnel for Office Assistants, Scale I officers, Scale II officers, Scale III officers and Probationary Officers through IBPS Common Written Exams (CWE).
Many people today are opting to work in Regional Rural banks as they provide opportunities to make a difference and gives professional satisfaction. Public sector banks in India are now rising to the standards of international banking, and regional rural banking in India is not behind. An exciting career awaits those who wish to make it big in Indian banking sector.
The way to prepare for IBPS RRBs is no different from preparing for the general IBPS. You must have a clear-cut strategy for preparing the IBPS written exam. Divide your time between subjects and sections and practice as much as you can.
For post of Office Assistants and Officer Scale I, II and III a graduation degree in some specific field with a minimum set percent is required. This varies from post to post. Besides this for language proficiency criterion, RRB is giving 6 month period to candidates of Office assistant and Office Scale I for taking Language screening test. From the upcoming RRB recruitment exam V, it will be mandatory for the candidates to know the local state language. And for this the candidate must have local language as a subject in metric or graduate or postgraduate level as per latest amendment. And as far as age eligibility is concerned it is
- 18 to 28 years for Office Assistant
- 18 to 30 years for Officer Scale I (As per latest amendment)
- 21 to 32 years for Officer Scale II
- 21 to 40 years for Officer Scale III
-For Office Assistants the selection will be done on basis of merit of Mains exam.
-For Officer Scale I the selection will be done on basis of Mains exam and interview.
-For Officer Scale II and III selection will be done on basis of single written exam and interview
-The weightage ratio of written exam (80 marks) and interview (20 marks) will be 80:20.
-IBPS and Government of India approved agencies will conduct interviews for all the posts except group C posts.
-IBPS will prepare State/Union Territory wise separate merit list for filling up of vacancies in RRBs of particular State/UT based on All India merit.
The written exam pattern for previous years was as follows: