Registration for IBPS PO III started on 22nd July 2013. All the candidates have to apply online for this and the exam will also be conducted in the online mode. IBPS has already conducted Clerk II and Specialist Officer Examination in the online mode, this is the first time that the Probationary Officer exam will be conducted online. The percentage and age criteria have already been lowered and a corrigendum has been published on IBPS website
To view the corrigendum: CLICK HERE
Bank preference order in IBPS PO III:
For the first time, IBPS is asking the candidates to fill the bank preference order in IBPS PO III. Earlier the candidates used to give their bank preference order only after the declaration of the written and interview result. This is an important decision that should be made with great care and responsibility as this will have effect on the entire life. In this article we will give you some facts that will help yo to fill your bank preference order in IBPS PO III.
Number of Branches of a bank:
This should be the first factor that you need to concentrate on. A bigger bank has more number of branches and vice-versa. A bank with more number of branches will have more number of employees. And more number of employees and branches means there will be more number of vacancies. Keeping an eye on that, you can go for the banks that have more branches while filling your preference. As far as number of branches are concerned, this should be your order of preference:
Punjab National Bank
Bank of Baroda
Bank of India
Canara Bank
Union Bank
Central Bank of India
Syndicate Bank
UCO Bank
Indian overseas Bank
Indian Bank
Andhra Bank
Oriental Bank of Commerce
United Bank of India
Vijaya Bank
Dena Bank
Corporation Bank
Allahabad Bank
Bank of Maharashtra
IDBI
Punjab and Sindh Bank
Promotion:
After getting selected as a PO, you will become a Scale I officer. But after a few years you will look for promotion to scale II and scale III officer posts. So at that time, it will be easier for you to get promoted if the vacancies are more. And automatically a bigger bank will have more officer posts.
Net Profit of Banks: (Approx.)
You can also consider the net profit of different banks to decide the bank preference order in IBPS PO III. The decreasing order of the banka according to net profit is as follows:
Punjab National Bank: 4747 crore
Bank of Baroda: 4480 crore
Canara Bank: 3281 crore
Bank of India: 2749 crore
Union Bank: 2158 crore
Syndicate Bank: 2004 crore
IDBI: 1894 crore
Indian Bank: 1581 crore
Corporation Bank: 1435 crore
Oriental Bank of Commerce: 1328 crore
Andhra Bank: 1289 crore
Allahabad Bank: 1185 crore
Central Bank of India: 1015 crore
Dena Bank: 810 crore
Bank of Maharashtra: 760 crore
UCO Bank: 618 crore
Vijaya Bank: 586 crore
Indian overseas Bank: 567 crore
United Bank of India: 392 crore
Punjab and Sindh Bank: 339 crore
Merger of Banks:
There have been talks about the merger of banks. A lot of business magazines and newspapers have mentioned about this proposed merger. All the PSU banks will be merged to form 6 major banks excluding State Bank of India. So if we think from this angle, the bank preference order in IBPS PO III will not have much effect. The proposed merger of banks will be as mentioned below:
Punjab National bank
- Dena Bank
- Vijaya Bank
Central Bank of India:
- Indian Bank
- Allahabad Bank
- Bank of Maharashtra
Bank of Baroda
- IDBI
- UCO
Bank of India
- Oriental
- Andhra
Union Bank of India
- United Bank
- Punjab and Sindh Bank
Canara Bank
- Indian overseas Bank
- Syndicate Bank
- Corporation Bank
To Apply for IBPS PO III: CLICK HERE