What is historical background of IBPS?

Historical Backgrround?


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  • Select right people
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  • The journey of IBPS is closely associated with a major event in the economic arena of the country; the Nationalisation of 14 major Banks in 1969, and thereafter, establishment of NIBM as an apex level research and training institute of all public sector Banks, almost at the same time.
    After Nationalisation of the Banks in 1969, the Banks were required to open more and more branches so that more and more people can avail “Banking Services” in the country. Banks started expanding their branch network, but it was not possible without recruitment of new employees. Managing the Critical and Crucial activity of “Selecting Right People for the Right Jobs” was a big task for the banks.
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