Banking Interview – Introduction and Objective

    Banking Interview – Introduction and Objective
    Dear Readers, Here we have given Introduction and Objective to know more about banking interviews, IBPS has released the list of candidates those who have selected for the IBPS PO V interview and also announced the interview dates. Candidates those who are preparing for the interview can use these materials. 

    Are You preparing for IBPS PO 2019? Start your preparation with Free IBPS PO Mock Test 2019 – Take Test Now
    Banking as a career:
    Banking is the one of the most sought after choice among students. Banking sector growing at a very high rate along with the perks and facilities related to this, make it a lucrative career option. All this has created opportunities in banking sector jobs which also demands new skills like marketing and technology, etc.
    In order to achieve Financial Inclusion Policy, which is fundamental to national growth now, the public banks have started recruitment procedure at a large scale. Since banking sector is open to all streams, it has become an attractive career for one and all. Now-a-days, private and foreign banks are expanding their branches rapidly in India, so, job opportunities are also growing at a fast pace.

    Selection Process:
    Every bank has its own selection criteria and exam pattern, through which a candidate is short, listed. IBPS has introduced a common Written Examination, (CWE), which is now used by 19 public sector banks for their selection procedure.
    Some banks like RBI, State Bank of India and private sector banks use different processes. Some banks like SBI include group discussion in their recruitment process. But in case of CWE no such process is followed.
    Generally the bank selects the candidates on the basis of following processes
    (i) Written test  
    (ii) Interview

    Interview:General Introduction
    It is a conversation with a purpose and is a direct method of enquiry that enables the interview to access the personality of the candidate by posing general and technical questions that allow the candidates to show their subjective understanding, personality, etc. Therefore it is an effective evaluation of a candidate, which is not possible in written examination.
    An interview is a meeting organized by a recruiter, to evaluate a potential employee for prospective employment at bank. The objective behind conducting interviews is to check the inter-personal skills of candidates along with, knowledge about the job profile. Generally interviews are conducted by credible, skilled and experienced team of experts.

    Objectives of Interview :
    ·        The primary purpose of the job interviews is to access the candidate’s suitability for the job.
    ·        The technique of the interview is not that of a strict cross-examination but of a natural, though directed and purposeful conversion, which is intended to reveal the mental qualities of the candidate.
    ·        Some of the qualities to be judged are mental alertness, critical powers of assimilation, clear and logical exposition, balance of judgment, interest of candidates, ability of social cohesion and leadership, intellectual and moral integrity.
    ·        The interview test is not intended to be a test of the specialized knowledge of the candidates which has already been tested through a written test. Candidates are expected to take an intelligent interest not only in their special subjects of academic study, but also in the number of events which are happening around them.

    Types of Interviews:
    There are number of styles and techniques which are used in an interview. Many interviews include behavioral questions, questions about hypothetical or actual situations, in order to learn more about the candidate’s psyche.
    There are various types of methods which are used to identify suitable candidates.
    The most popular methods are described below

    Structured Interview:
    It is also called standardized, patterned, directed or guided interview. Structured interviews are pre-planned, accurate and precise. All the interviews will be uniform (same). Therefore, there will be consistency and minimum bias in structured interviews.

    Unstructured Interview:
    This interview is not planned in detail. Hence it is also called as non0directed interview. The questions to be asked, the information to be collected from the candidates, etc, are not decided in advance. These interviews are unplanned and therefore, more flexible.

    Group Interview:
    The interview takes place when a candidate is interviewed by more than one interviewer at the same time. Alternatively, it means that a group of candidates are interviewed at the same time by a hiring manager. Group interviews are not so effective in most situations and are rarely used.

    Informal Interview:
    These types of interviews do not carry any type of structure and can often be fun, especially if the interviewer enjoys meeting new people. A one-on-one directed conversation with an individual using a series of improvised questions adapted to the interviewee’s personality and designed to elicit extended responses.

    Formal Interview:
    This Interview consists of questions designed to elicit specific facts, attitudes and opinions. It is important to be on time for such an interview and dress properly as the first impression is a lasting one.

    Panel Interview:
    This interview involves a number of people sitting as a panel with one as chairperson. This type of interview is popular within the public sector.

    Expectations of Interview Board from the candidate:
    Through the interview the interviewer tries to find out, how far and how best you can fit the bill for the job in view.
    Interviews assess the real personality of an individual. Therefore, the interview technique is adopted which helps in eliminating those candidates who merely memories facts and reproduce them in the written examination but are not able to apply these on their daily life. The interview Board observes the candidate’s way of answering questions and corners to know, to a great extent about his behavior, habits, manners, expression and to some extent, the character of the candidate.
    Interview, after all, is nothing, but face-to-face conversation with a purpose. If you make the conversation interesting and enjoyable, your purpose is achieved. To make it interesting, you have to listen and persuade as the occasion demands. You must exercise initiative to say the right things at the right time. Imaginative use of initiative in the interview will thus ensure you sure success.
    Some essentials features that a interview board expects are as follows
    ·        Impression and behavior
    ·        Organizational attitude
    ·        Leadership quality
    ·        Communication skills
    ·        Appropriate level of intelligence.
    ·        Attentiveness.
    ·        Morality
    ·        Optimistic attitude

    ·        Physical fitness


    / 5. Reviews