What is the full form of IBPS ?

Ibps Description:
The full form of IBPS is the Institute of Banking personnel selection which is an independent agency or organization that administrate online exams to appoint and recruit officers, trainees and clerks for various public sector banks in India.
The Institute of Banking personnel selection is situated in Mumbai, India. The institute of banking personnel selection is responsible to conduct examination for various positions in many public sector banks of India. These examinations include –
IBPS PO exam for probationary officers
IBPS RRB examination for offices and office assistants in Regional Rural Banks (RRB)
IBPS Clerk examination for clerical positions
IBPS SO examinations for Specialist officers.
The Institute of banking personnel selection aims to develop and apply world-class process as well as systems for the valuation and selection of Personnel in a fair way for their client organizations such as other banks. The institute of banking personnel selection conducts relevant research for posts as well as publicize their results.
The institute of banking personnel selection is led by the governing board and the director acts as its CEO and is responsible for tasks and duties in coordination with Divisional heads.
The current managing director and chairman of IBPS are Shri Ashwani Kumar. The institute of banking personnel selection organizes these exams in online mode. IBPS accepts applications online on its website. These all IBPS exams are held in different locations across the country.
IBPS began its examination structure and operations in 1975 and it was named Personnel Selection Services or PSS.
Institution of banking personnel selection became an independent body in 1984 due to the permission of the Reserve Bank of India (RBI) and other public sector banks.
IBPS began organizing common written examination (CWE) in 2011 for the recruitment of candidates in various public sector banks.
Later IBPS made it compulsory to pass a common written examination for their recruitment in the public sector or RRB (Regional Rural Banks).
Banks in IBPS
Almost all the public sector banks are Regional Rural Banks accept the institute of banking personnel selection score. However, the Reserve Bank of India does not accept the IBPS score because it is a central bank. These are some of the banks that participate in IBPS –