Which Banks Ask for 60% in Degree for PO Jobs [Answered]

To all those aspirants looking for bank jobs in 2012, these are testing times.Everyday they get to hear some info related to IBPS common exams which creates a stir, spills over to online forums & gains momentum.The recent confusion is about the minimum marks required in graduation.

Ever since the banks opened registrations for new vacancies, the above question has cropped frequently among those having less than 60% marks.

The process: 20 public sector banks will be filling probationary officer positions by selecting candidates qualified in the common written examinations conducted by IBPS.

New Rules Set

At the time of online application registration for PO CWE in March 2012, IBPS had invited degree pass-outs.But early July `12, changes in the recruitment process were forwarded to PSB heads by Ministry of finance.(see Govt steps in with changes)

Some of their important recommendations are, * To fix minimum education for clerks as graduation & 60% in degree for PO`s, * To conduct common interviews

While the rule of ‘graduates only’ is implemented for the upcoming clerk common exam, 61000 qualifiers of PO CWE 2012 are not sure of whether 60% in degree will apply for them or from next exam onwards.

Who Called Whom?

If banks are allowed to fix their own eligibility criteria, it is possible for them to stick with qualifications specified in past recruitments.

So here is a tabulation describing the education details of each PSB..

Pass (no marks)	55% marks	60% marks
Bank of Baroda	Indian Bank	Punjab National Bank
Central Bank of India	Punjab & Sind Bank	Indian Overseas Bank
Allahabad Bank	Syndicate Bank	Canara Bank
Bank of Maharashtra	UCO Bank	Bank of India
Corporation Bank	Union Bank of India
Dena Bank	United Bank of India
IDBI Bank
Vijaya Bank
Andhra Bank
Oriental Bank of Commerce

(These details compiled from their previous notifications are indicative & may change in future)

What Could Happen?

As IBPS has not clarified on above fronts let us see the decisions they have at their disposal:

• Conduct common interviews for all qualified candidates of PO 2012 with old qualifications & apply education criteria for PO exams in 2013 OR
• Comply with the proposal of ministry & call only those having 60% in graduation for common interviews OR
• Postpone new rules & stay with previous system of bank recruitments (individual interviews) which is highly unlikely considering the multiple selection issue.

Since the new scores shall become active only from December 2012 (after expiry of previous scorecards), Institute of banking personnel selection may well make an announcement in the coming days.