5 PSB having cumulative non-joining vacancies of 1,072 refused to recruit from Reserve List

Dear Readers,

A group of 40 candidates on the reserve list of the Institute of Banking Personnel Selection (IBPS) for the post of the probationary officer for 2016-17 has approached the Bombay High Court seeking justice in the recruitment process. This was after IBPS refused them employment despite having a ‘huge number of non-joining vacancies’ in the participating public sector banks. 

The candidates filed an RTI through which they collected the data that public sector banks which refused to recruit from reserve list, despite having enough number of non-joining vacancies, include Punjab National Bank, Syndicate Bank, Corporation Bank, IDBI Bank and United Bank of India. According to the petition, the five banks have cumulative non-joining vacancies of 1,072. Syndicate Bank has 355 vacancies; IDBI Bank, 361; Punjab National Bank, 130; United Bank, 89; and Corporation Bank has 71. This was revealed in RTI responses given by the participating public sector banks. Despite having a huge number of non-joining vacancies, many of these banks went on record saying they didn’t intend to recruit in 2016-17. The non-joining vacancies were supposed to be filled from the reserve list. 

The provisional allotment from the reserve list of candidates is declared on March 31 every year. A reserve list contains approximately 10 percent of the vacancies under each category in IBPS PO, Clerk & Specialist Officer. The candidate who did not get the final allotment during IBPS CWE and considered under reserve list is expected to get the final selection in the next round of allotment. Although as per the notification of IBPS, reserve list does not guarantee allotment to/recruitment by the Participating Organisation(s)/other financial organisations but the main agenda of reserve list was to fill in the seats left vacant in case the selected candidates fails to join or in case number of vacancies for that recruitment in a bank is increased.

We urge the candidates appearing for IBPS exams should not worry and stay focused on the examination. We’ll keep updating regarding any news on this matter and we hope the candidates will get their deserved allotment.  

(Source- The Hindu Business Line)