IBPS has been one of the most successful organizations in the recent months in giving the Indian job seekers a ray of hope to enter the banks. The public sector banks will be calling up nearly 1 lakh candidates for interview from the list of IBPS clerk passed candidates. The query for IBPS clerk interview pattern and techniques to crack them has been the major concern among the candidates in the recent reports. So, the most effective and best IBPS clerk interview success tips have been bunched up together in this article and presented before the candidates to get most out of the public sector and private sector bank clerical interviews in the coming months.

This report has been made up by some of the successful candidates in PO and clerical interviews from the major banks. Lets get into the questions and their definite answers.

Query on how should I present myself in front of the judging panel?

Ans: You should be correct on time and keep an eye on your documents that they are properly stacked according to preference or not. It shows a disciplined character of the candidate towards the panel. Dress up in formals and keep hairs and nails neat and clean. When you are to enter the room, ask for permission in a calm yet confident tone. And ask if you can seat when you go in front of them, sit when they ask you to sit. Calmly be firm and straight in your posture and look towards everyone when answering their questions. This makes the judging panel feel that you are confident and ready to answer them. Also it shows your clarity on the subject and makes them interested towards you, which is very important for any type of interview.

Introduce yourself.

Ans: The judging panel has an introductory common question and that is your introduction. Be careful not just to get over the question and say your normal answer which you have been doing so far to relatives and people. Be frank and besides your educational and personal background, say about some sort of achievements that have made you more regularized and strong as a person. But do not just say I have achieved this and that, rather say I have been given this award for my this and that effort. That will make them feel that you are not too much boasting and you are truly a genious.

Why you have chosen banking career after graduation, why not your related field?

Ans: It will be the most common and mark scoring question in the coming IBPS clerical 2012 interviews. The IBPS clerk interview pattern holds the successful key here. Start with saying like,” I have always seen the potential in the banking sector, be it a recession or slowdown, banks have always topped the chart in regular business with no downfall. It also has a great career development potential that no other industry can provide. I feel that the education I have achieved so far, more or less I can contribute from my knowledge to the banking sector and make the personal as well as organizational mutual development.” This will show the judgment panel that you are clear cut about your objective and have no hesitations in your aim.

Question about banking and its current affairs:

Ans: There will be some questions on banking related knowledge and current affairs related to banking. So get over some books that have current affairs on banking. Kiran’s General Banking and Economic Awareness is a good book for the clerical bank related questions. Questions on current RBI regulatory policies, recession and its affects and the bank on which you are giving interview (related questions) will be asked. So prepare for these type of questions and answerfluently. If you cannot say them that you are unable to, but do not hesitate. That will make a wrong impression of your confidence.

If you are selected, what are your future plans and how that will help the bank growth?

Ans This is also an important question that has been quite difficult to answer for some people at that instant moment. Start with, “Sir, because I see the banking sector as the bond of an individual as well as mutual relationship, it makes a great amount of sense that cooperation and customer satisfaction will be my top priority. I will work over customer and official work satisfaction and also keep an eye on the bank business requirements. I will be more than happy if I can serve the bank in different roles as and when the need arise. As I will be commited purely on my work and organization business needs, I think bank will grow more than the expectations with proper mutual cooperation. Not only it will serve the purpose of bank business growth, but will also develop my working skills and personal attitude.

There can be more questions about family and relationships, IQ related questions and general knowledge. But the most important fact is whatever be the question, be confident and answer with a smiling face. Remember, many questions are asked just to confuse you and make you pressurized, as the judges want to see how you can handle the situation. So, be calm and confident in the IBPS clerk 2012 interviews. IBPS interviews are there for scoring marks, not todowngrade you. So, get the most out of yourself and take on the first step to a successful bank career.

As per aspirant demands, we have analysed and made a report on IBPS clerk score and probability of getting call for interview. Visit the link below for detailed analysis on your clerk score and where you rank for an interview call.

Important Interview Question

Q: What are Basel norms?
Basel is a set of standards and practices developed for global banks to ensure that they maintain adequate capital to withstand periods of economic strain. It is a comprehensive set of reform measures designed to improve the regulation, disclosures and risk management within the banking sector.
Q: What did Basel I and Basel II focus on?

Basel I norms was introduced in 1998, focused almost entirely on credit risk. It defined capital requirement and structure of risk weights for banks.

Basel II was introduced in 2004, laid down guidelines for capital adequacy, risk management and disclosure requirements.

Q: Why Basel III?

It is widely felt that the shortcoming in Basel II norms is what led to the global financial crisis of 2008. That is because Basel II did not have any explicit regulation on the debt that banks could take on their books, and focused more on individual financial institutions, while ignoring systemic risk. To ensure that banks don’t take on excessive debt, and that they don’t rely too much on short term funds, Basel III norms were proposed in 2010.

Q: What does Basel III norm stipulate?

Basel III establishes tougher capital standards through more restrictive capital definitions, higher risk-weighted assets (RWA), additional capital buffers and higher requirements for minimum capital ratios. It also introduces new strict liquidity requirements.

Q: What is the biggest criticism against Basel III?

That the stringent capital requirements come at a time when the global economy is in the midst of a slowdown. This will leave banks with less money to lend, in turn pushing up the cost of borrowing; and thereby further aggravating the slowdown.

Q: Why are many banks opposed to Basel III norms?

Basel III norms will require banks to undertake significant process and system changes to make upgrades, particularly in the areas of stress testing, liquidity and capital management infrastructure. The reforms could fundamentally impact profitability and require sweeping changes in the business models of many banks

Q: What is the deadline for banks to become Basel III compliant?

For international banks the deadline is December 31, 2018 and March 31, 2018 for Indian banks.

Q: Why the earlier deadline for Indian banks?

The RBI said that: We did this to align our date with the close of the Indian fiscal year, which is March 31. We could have gone up to March 31, 2019, but that would have overshot the Basel III prescription by three months and would have attracted adverse notice.

Q: Why are Indian banks concerned about Basel III norms?

Just like for international banks, Basel III norms will affect the profitability and return ratios of Indian banks as well. Something which is admitted by the RBI.

Basel III requires higher and better quality capital. Admittedly, the cost of equity capital is high. The average Return on Equity (RoE) of the Indian banking system for the last three years has been approximately 15%. Implementation of Basel III is expected to result in a decline in Indian banks' RoE in the short-term.

Q: How much extra capital will Indian banks need for Basel III?

According to RBI’s estimates, Indian banks will require a capital of Rs 5 lakh crore over the next five years, of which Rs 1.75 lakh crore will have to be equity capital. Within the Rs 1.75 lakh crore, anywhere between Rs 70,000-1,00,000 crore will have to raised through the market, depending on to what extent the government will infuse capital in state-owned banks.

Q: Indian banks are much better off than global banks that caused the financial crisis. Why then should Indian banks then comply with Basel III norms?

The RBI said: India should transit to Basel III because of several reasons. By far the most important reason is that as India integrates with the rest of the world, as increasingly Indian banks go abroad and foreign banks come on to our shores, we cannot afford to have a regulatory deviation from global standards. Any deviation will hurt us both by way of perception and also in actual practice. Also, it is important that Indian banks have the cushion afforded by improved risk management systems to withstand shocks from external systems, especially as they deepen their links with the global financial system going forward.

Candiate Name:- Subi Prabhakar


my interview experience in sbi
M1 Subin please be sitted ME thank u sir an sitted
M1 subin u r under graduate na y u r note goes to higher studies 
me; sir after my iti i got job in koso fluid controlls and am registerd bsc mathematics now i am 2nd year student
 
M1 which university 
ME; calicut
M1; calicut university is like taking a big stone better to registered in barathiyar , anna university any way no problem now u r working na??
ME; yes sir am working in reserve bank of india note press
M1; oh u r working in rbi then what is BRBNMPL (in my biodata)
ME; sir that is bharathiya reserve bank note mudran pvt lt wholly owned susidiary of reserve bank of india
M2 how can u got the jo what is the qualification
ME ; sir a seperate examination conducted by ibps and qualification is iti
M1 ; that tym how many vaccancies r thr??
ME; 61 vaccancies all over india
M2; Oh grt then y u want to leave such a good jo where is ur posting
ME; sir my posting is salboni west bengal i have a good job but it is a security press only 4 presses all over in india the nearest press of my home town is at mysore lot of south indians wr working in my current press so less chance to getting transfer it is better to get a job in my home town
M1; well then he asks the place and working nature nd some frndly talks
then lady officer
LO; subin u r working in rbi what u find more in sbi
ME; mam that is a security press my world belongs to my town ship i would like to interact with public. and if a poor appeard for a loan if he is eligible for that i have to help him
LO; oh u would like to interact with public good ok do u know the security features of a bank note
ME; yes mam LO; explain it me explained it briefly she and the panel is satisfied then M2; (he is frm mumbai) he asked me about a committy but i didnt get him i rply sorry he says ok subin all the best.. thats all..

interview experience

Candidate name:raj singh

My interview experience in SBI clerk Phase-II on 01.01.2013 (Lucknow)
There were 3 men and 1 women in panel.
M1. To mr. raj singh kaha se ho aap?
ans. Sir main Barabanki se hu.
M1. Aapne BCA kiya hai 2009 me uske baad kya kar rahe the?
ans. sir after BCA i have done one year diploma in networking form HCL CDC and after that i m preparing for government job.
M1. Do u know about CCNA? what is the full form of it?
ans. yes sir, it is Cisco Certified Network Administrator.
M1. Why u not go for CCNA?
ans. sir i want to switch my field, and i have no more interest in private sector because in private sector everyone is looking for a Master degree and 1 or 2 year work experience.
M1. CCNA exam dene ke liye fees kis currency me deni hoti hai mr. raj singh?
ans. sir, ccna ke liye fees dollar me deni hoti hai.
M2. mr. raj singh, Semi Conductor kya hote hai?
ans. sorry sir, semi conductor ke baare me nahi pata hai.
M2. Kyo BCA me padhaya nahi gaya?
ans. no sir, BCA me main focus Computer Application pe rahta hai aur hardware ki basic knowledge di jaati hai,, deep me nahi padhaya gaya.
M2. Ok, Operating system ke bare me suna hai?
ans. yes sir, Operating system is a platform between man and machine.(not satisfied)
M2. jara fir se batayeye mr. raj singh
ans. sir, operating system is a tool by which we can operate and control the hardware . without operating system we can not imagine the computer, it provide us the interaction with the hardware and platform to run the application software. and we do all the work by using the application software. some examples of operating system are- windows, linux, unix mac etc.
M2. kya difference hai windows aur linux me?
ans. sir 1. window GUI based hota hai and Linux CUI based. 2. linux ki security better hoti hai windows ke comparison me. 3. windows Microsoft ka operating system hai aur Linux Open source hai.
M2. Agar aapke paas paise nahi ho to aap kaun sa operating system choose karoge?
ans. sir, Linux.
M2. Kyo?
ans. Kyoki Linux open source and freeware software hai. net se free me download kiya ja sakta hai. Linux use karne ke liye koi paisa nahi dena padta hai, but windows ko register karne ke liye paise dene padte hai.
M3. Mr. raj singh, NABARD ke bare me suna hai?
ans. yes sir.
M3. full form kya hota hai aur kab establish hua tha?
ans. sir, National bank for agriculture and rural development. establish 1982 me hua tha sayad, main confirm nahi hu.
M3. sahi hai. 1982 me hi bana tha.
M3. iska main function kya hai mr. raj singh?
ans. sir, the main function of NABARD is to refinance the loan given in rural areas.
W1. mr. raj singh. Precedent ka election kaise hota hai india me?
ans. ma'am, precedent ke election me sare MP aur MLA voting karte hai, aur 2/3 % vote chahiye hote hai jitne ke liye. (last ka sentence jaldbaaji aur achanak puche jane ki wajah se galat bol diya tha maine)
W1. seven wonders ka naam suna hai? kaun kaun se hai?
ans.. (ab mera dimag kaam karna band ho gaya tha) ma'am, india se Taj Mahal hai aur baki 6 ke bare me nahi pata.
W1. raj singh, is samay CAG bahut controversy me tha? Kyo?
ans. ma'am Koyala ghotala aur 2G spectrum ghotale ki report ki wajah se.
W1. To aapko kya lagta hai ki 2G me ghotala hua tha?
ans. ma'am, dubara jo nilaami hui hai usme utne paise nahi aaye hai jitna CAG ki report me kaha gaya tha, isliye government kah rahi h ki report galat thi aur badha chadha ke batayi gai thi, utna nuksaan nahi hua hai jitna CAG kah raha hai.
M1. Raj singh, aapne kaun kaun se software ke baare me padha hai?
ans. sir MS office, Programming with using C, DBMS, .NET, HTML, and other general purpose application software jo daily life me use kiye jaate hai.
M1. MS access kya hai aur iska use kya hai?
ans. sir, MS access ek DBMS software hai aur iska use data base banane ke liye kiya jata hai.

Thats it. Kuch aur questions bhi puche the but ab yaad nahi aa rahe hai. interview lagbhag 15-20 minute chala tha aur sayad maine 3 questions ke answer nahi diye the. Aur last me maine sabko Happy New Year wish kiye aur un logo ne "same to u and we wish for ur bright future" bola.

dosto kya lagta hai aaplogo ki najar me kaisa raha mera interview,, put ur views and wish me luck.. Thanks to all

How to Face Bank Interviews?

The fresh graduates, who are passing out from universities have to face interview board for getting employment in Public Sector Banks. Every candidate gets nervous initially that ultimately affects his/her performance. Here are some steps and guidelines to reduce nervousness and avoid perform well in interview sessions.

Interview

Interview is a face to face interaction between interview and interviewee. It is very useful in judging candidate’s fine qualities. It helps in discovering candidate’s initiative tacts, mental alertness, self confidence etc.

First Impression

The most impressive part of interviewee is his personality and behavior. Some points will help the candidates in impressing board members, which are as follows:

• Simple and formal dress
• Walking and sitting in proper posture
• Relaxed behavior
• Smiling when entering and leaving the interview room
• Looking at the interviewer while talking
• Shaking hands if invited firmly and briefly
• Speaking clearly and loudly
• Adhering to point of discussion
• Logical approach

Undesirable Mannerism

• Giving monosyllabic answers: It tends to give an impression that candidate do not have sound knowledge on the subject
• Do not give the answers in low pitch, which is not audible to the board. This causes displeasure. It is advisable to speak clearly and loudly. 
  

Avoid Too Many Hand Gestures

It is advisable to the candidate to use too many hand gestures as this creates bad impression in minds of board members.

Effects Of Common Interview On IBPS Aspirant !!

IBPS  is an institute, recognized by government of India, which got the permission from Indian government to conduct the common exam for bank jobs. It conducted PO 1, PO 2 and Clerk CWE successfully and issued Scorecard for the same.

Recently in a meeting of IBPS with Finance ministry it was discussed that candidates appearing for the common bank entrance exam may soon have to go through only one interview to land a bank job in India.

The finance ministry, in consultation with state-owned banks, is considering a centralized interview for all candidates who clear the written exam, a move that is expected to benefit lakhs of students who appear in these examinations.

If common interview for IBPS aspirants get implemented, it will have both positives as well as negative effects. Here we tried to discuss some of them.

Positives of Common Interviews :-

A common interview will help both banks and candidates by simplifying the recruitment process further and reducing the time involved in the selection process. Currently, although all state-owned banks other than the State Bank of India and its associates recruit through one common written exam, students have to appear in multiple interviews to get a job !

Common Interview is a good step to stop multiple selections as in a common interview, cutoff will also be common and we can analyze our chances of selection as well. As there would be one interview so there would be less chaos, simple n fast procedure, more economical and student friendly along with lots of similar benefits ! Also banks would be able to sort out the candidates as per there criteria and the students wont have to suffer the mental fatigue which they are facing today due to individual interviews for each bank. Hence there would only be a single selection / rejection round which is the need of the hour !

Negatives of Common Interviews :-

Common interview has a two faced stand ! Like every coin has 2 sides, the Common Interviews will also have a negative side which is the chance to get finally selected will be reduced if someone does any single mistake on the Interview day, he can lose all his chances for all 19 banks. Hence it would be a one-go chance for the students i.e if one perform well on that very day its awesome otherwise the candidate may miss final selection despite having good TWS and would have to wait for next PO / Clerical exams !

To be frank we can’t judge which one is more suitable for the candidates as main “Aim” of IBPS was to simplify the Banking Recruitment process which these individual Bank Recruitment were unable to do for past several years ! Hence IBPS concept was introduced as it claimed to be simple, student friendly system and would prevent multiple selection by selecting accurate number of candidates.
But actually common interviews are not necessary as IBPS just need to amend its policies such as it should start seizing the scorecards of selected candidates and should give only 1 final cut off as this would help to avoid the situation of over lapping and multiple selection which has proved to be a curse for the IBPS scorecard holders till date!

Please provide your views below regarding common interview policy whether it should be implemented or not and will it be benificial if implemented?

INTERVIEW EXPERIENCE DENA BANK CLERK

INTERVIEW EXPERIENCE 
DENA BANK CLERK
DATE- 11/06/2012
RAJKOT

Thanks to Mr Jignesh Gajipara
like his page book page Here


my first interview of denabank at Rajkot. it was great experience. 
My essay topic is latest news item. I wrote about ipl.
there were 4 man panel. I entered with permission and said good afternoon every body.
P1 – g.a. plz sit
I – thank you sir
¬p1- (after checking my essay) cricket khelna jante ho
I – ha sir
P2- bachpan me kabhi football khela hai
I - sir football khela hota to meri body aaj aisi nahi hoti kafi strong body hoti 
(mere ans. Sab log hasne lage)
P1- (after checking passport as my id) where r u want to go?
I – u.k . sir I applied 4 times and every time I rejected.
P1- what was the reason of your rejection?
I – I had not enough finance.
P1- what is the diff. b/w passport and visa?
I – passport is one kind of id which you need to go abroad any country. And visa is the permission to allow the person in specified country
P1-you have done mba in distance education. So you have no precticle knowledge. So it is good or bad for you.
I – sir it is tottaly waste of money. This is not good.
P1- what is break even point?
I – sir I don’t know in brief but it looks like no profit no loss
P1- why you choose banking sector?
I – it is very growing sector.and it is good for my career growth.
P1-pass (to p2)
P2- say something about yourself in English
I – (explain myself)
P2-who is finance minister?
I –pranab mukharji
P2- which party?
I – congress
P2- which state
I – w.b
P2- cm of wb
I –mamta benrjee
P2 which party
I – congress
P2- which
I – trunamul
P2 cm of up
I – akhilesh yadav
P2 – name of his father
I – mulayam sing yadav
P2 -which party
I – sp
P2 name of nikhil’s wife
I – what…….. Nikhil
P2- sorry akhilesh not Nikhil
I – dimple yadav
P2 cm of orrissa
I – naveen patnaik
P2- which party
I – bjd
P2- founder of bjd
I – biju patanaik
P2 cm of bihar
I – nitish kumar
P2 cm of tamilnadu
I – j. jailalitha
P2 which party
I – aidmk
P2 -railway minister
I – mukul roy
P2 which party
I – trunumul cong.
P2 who wrote the ramayan
I – valmiki , tulsidas
P2 mahabharat
I – ved vyas
P2- anandmath
I – rabindranath tagore
P2 discovery of india
I – Jawaharlal Nehru
P2 experiment with truth
I – gandhiji
P2 gov. of guj.
I – kamla beniwal
P2 national song
I – jan gan man
P2 who wrote
I – tagore
P2 national anthem 
I – vande matram
P2 who wrote
I – bankimchandra chettrjee
P2 gov.of rbi
I – d. subba rao
P2 previous
I – I am not sure but bimal jalan
P2- full form of imf
I – Indian monetary fund
P2 – what
I – sorry international monetary fund
P2- when india won the first w.c.
I – 1983
P2 – who was the captain
I – kapil dev
P2 – man of the match
I – mohinder amaranth
P2 current ipl champ.
I – kkr
P2 player of tournament
I – sunil narine
P2 from witch country
I – west indies
P2- current Indian captain.
I – ms dhoni
P2 vice captain
I – virat kohli
P2 previous vice captain
I – virendra sehwag
P2- England captain
I – which one they have 3 diff.captain for diff. formet
P2 any one
I – in test andrue strous, one day –aliaster cook, and t20- struart broad
P2- ( said to other person he is know all things.ab ise ghuma phira ke kuchh puchho ) 
Then I laugh. At that time p2 said –aap ko hasna nahi chahiye pata hai aap ko aap kaha hai be serious
Then I said sorry sir
Then P3 – cbs
I – core banking system .(at that time p2 said solution not system ok)
I – ok sir
P2 – explain it in gujrati (and I do)
P2- kyc
I – know your customer.( and explain in guj.)
Then p2 said ok jignesh wish you all the best. Wait and watch for result.ok
I – ok thank you very much sir

It was the first interview and it is very easy for me. I hope it is really useful for all candidates .so I share my interview experience.. 
I KNOW I MADE 3 OR 4 MISTAKES BUT I SCORED 92/100 IN THIS INTERVIEW.

Tips to prepare for Bank Interview

Since now you have cleared your written exam, the last phase of the bank recruitment process is Interview. Along with your performance at written exam, interview will be the deciding factor if you have cracked the recruitment process successfully. While your knowledge was judged in the written exams, the employer will judge your communication, attitude, and problem solving skills.

Know the bank
The first step to the preparation of bank interview is knowing the bank of which you have cleared the exam. Almost all banks today have their website to promote financial products and provide online banking for their customers. Know about their history, services, products, achievement, management, as well as their values.

Practice interview questions
Ask a friend to help you prepare for basic interview questions. Interviewers would ask about you, your family background, strengths, weaknesses, the reason they should hire you etc. Give a copy of your resume to a friend and allow him/her to question you about your education and work experience.

Preparing situation based questions
Interviewers might ask the candidates questions related to their personal life or work history when they had to face issues or conflicts with a tough boss, a stubborn customer or an arrogant co-worker or pleasant experiences when an employer or customer was pleased with your work. The motive is to judge the candidate as a team player, his/her efficiency in handling a specific situation, honesty etc. The candidate should ensure to answer these situational questions with a real-life example.

Practice questions
Once you are prepared with the interview questions, sit or stand in front of the mirror and practice looking yourself in the eyes. Pay attention to the nervousness, the way you speak, its pace and clarity of words. You can even record your voice to notice the problem areas and rectify them.

Prepare questions to ask the interviewer
Generally it is expected of the candidate to ask questions about the company or position at the end of the interview. The interviewee can ask questions about the duties at the bank.

Dress up
Besides preparing for the interview, it is important that the candidate is perfectly groomed and has a professional interview outfit. Both men and women should wear business suit, that are clean and wrinkle free.

Some Common IBPS Interview Questions

What is a 'bank?'
Ans:- Bank is an institution which attracts deposit from public and lends the money to the needy persons at varied interest rates
Who are 'needy persons'?
Ans:- Persons who are in need of monetary assistance are treated as needy persons.

What are fixed deposits?
Ans:- Amount deposited for a particular period of time are called time deposit.These deposits are repayable after a fixed period
Name the types of deposits?
Ans:- Fixed or Time and Demand deposits
What are demand deposits?
Ans:- The deposits which can be withdrawn any time from the bank are known as 'demand deposit'
What is credit card?
Ans:- A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them. The issuer of the card creates a revolving account and grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user
What is mutual funds?
Ans:- A mutual fund is a type of professionally managed collective investment vehicle that pools money from many investors to purchase securities.

More questions coming soon...