Will IBPS Recruitment Decline in 2017?

There are varying speculations about the number of recruitment vacancies for the Institute of Banking Personnel Selection (IBPS) in 2017. Some believe that there will be a decline in recruitment, while others argue that the recent demonetization drive has led to an increase in workloads, thus necessitating more personnel.

Impact of Demonetization

Back in 2016, when the government introduced the demonetization policy, the banking sector experienced a surge in transaction volumes. This sudden influx of work brought about a greater need for bankers and support staff. Additionally, with many senior positions being vacant, it became imperative to fill these posts quickly.

Conclusion: Therefore, despite speculations, the hiring is likely to increase rather than decrease in 2017 due to increased workload and vacant seats.

Dependence on Vacancies and Organizational Needs

Several factors determine the number of IBPS recruitment vacancies each year. These include the openings in newly established banks and branches, as well as the timing of retirement among current employees. Predicting the exact number of vacancies is challenging since it is not solely based on a set pattern year over year.

Insight: One cannot accurately predict the number of vacant posts as it depends on the current vacancy list and the number of employees retiring from the organization.

Historical Trends and Speculation

According to speculations, the number of vacancies is expected to be lower in 2017, which could lead to an increase in competitive placements. Here is a breakdown of the past few years:

2012: 22,415 vacancies 2013: 19,648 vacancies 2014: 21,680 vacancies 2015: 16,721 vacancies 2016: 12,434 vacancies 2017: 8,822 vacancies to be filled

By analyzing the above data, a pattern emerges indicating a steady decrease in the number of recruits each year. Based on this trend, expectations are that the number of posts to be filled in 2017 will be around 6,000 to 7,000.

Conclusion

In conclusion, the prediction for IBPS recruitment in 2017 is based on several factors, including the demonetization effect, the need to fill vacated positions, and historical trends. It is important for job applicants to stay informed and prepare for the competitive environment that is likely to arise from fewer vacancies.

Keywords: IBPS recruitment, 2017 recruitment, IBPS vacancies