Introduction

Are you preparing for IBPS exams but confused about which banks actually recruit through this common examination process? You’re not alone. Every year, thousands of aspirants appear for IBPS exams without fully understanding the bank allotment process and the participating organizations.
Understanding the list of banks recruiting under IBPS is crucial because your future employer depends on it. Whether you’re targeting IBPS PO, IBPS Clerk, IBPS SO, or IBPS RRB, knowing which banks participate helps you research work culture, growth opportunities, and posting locations.
In this comprehensive guide, you’ll discover:

• Complete list of all banks recruiting through different IBPS exams
• The difference between IBPS CWE and IBPS RRB participating banks
• How bank allotment works after you clear the exam
• Key factors to consider when choosing your preferred banks
• Updates on the latest changes in participating banks for 2025

Let’s dive deep into the complete banking landscape accessible through IBPS examinations.

Understanding IBPS: The Gateway to Banking Careers

IBPS (Institute of Banking Personnel Selection) conducts Common Written Examinations (CWE) for recruitment to various Public Sector Banks (PSBs), Regional Rural Banks (RRBs), and other financial institutions across India.
IBPS conducts the following major examinations:

• IBPS PO (Probationary Officer/Management Trainee)
• IBPS Clerk
• IBPS SO (Specialist Officer)
• IBPS RRB (Regional Rural Banks) – for Officer Scale I, II, III, and Office Assistant

Each exam category has different participating banks, which we’ll explore in detail.

Complete List of Public Sector Banks Recruiting Under IBPS CWE

IBPS PO & IBPS Clerk Participating Banks

As of 2025, the following Public Sector Banks recruit Probationary Officers and Clerks through IBPS Common Written Examination:

Nationalized Banks (PSBs)

Important Notes:

Total Participating PSBs: Currently, 11 Public Sector Banks participate in IBPS PO and Clerk recruitment.

Bank Consolidation Impact: The number of participating banks has reduced significantly due to the Government of India’s bank merger exercise. Previously, there were 20+ PSBs, but after multiple consolidation phases (2019-2020), several banks merged into larger entities.

Major Mergers You Should Know:

• Oriental Bank of Commerce, United Bank of India → merged into Punjab National Bank
• Andhra Bank, Corporation Bank → merged into Union Bank of India
• Allahabad Bank → merged into Indian Bank
• Syndicate Bank → merged into Canara Bank
• Vijaya Bank, Dena Bank → merged into Bank of Baroda

Banks NOT Recruiting Through IBPS

Some major public sector banks conduct their own independent recruitment and do NOT participate in IBPS:

Why doesn’t SBI recruit through IBPS?
State Bank of India, being the largest public sector bank, has its own recruitment infrastructure and conducts separate examinations for PO (SBI PO), Clerk (SBI Clerk), and Specialist Officers. SBI’s recruitment process is managed independently.

Complete List of Regional Rural Banks (RRBs) Under IBPS

What are Regional Rural Banks?

Regional Rural Banks (RRBs) are financial institutions designed to provide credit and banking facilities to rural and semi-urban areas. They are sponsored by specific Public Sector Banks.
IBPS RRB conducts a separate examination for recruitment to these banks for the following posts:

• Officer Scale I, II, III
• Office Assistant (Multipurpose)

All 43 Regional Rural Banks (As of 2025)

RRBs Sponsored by State Bank of India (SBI)

RRBs Sponsored by Other PSBs

Note: The total number of RRBs has reduced from 196 (originally established) to 43 due to multiple amalgamation processes to improve efficiency and reach.

IBPS Specialist Officer (SO) Participating Organizations

IBPS SO is conducted for recruitment of Specialist Officers in various disciplines:

• IT Officer
• Agricultural Field Officer
• Rajbhasha Adhikari
• Law Officer
• HR/Personnel Officer
• Marketing Officer

Banks & Organizations Recruiting IBPS SO

The following institutions recruit through IBPS SO examination:

1. All 11 Public Sector Banks (same as IBPS PO/Clerk list)
2. Selected Regional Rural Banks (may vary year to year)

The exact list of participating banks for SO recruitment is announced in the official IBPS SO notification each year.

How Does Bank Allotment Work in IBPS?

Understanding the bank allotment process is crucial as it determines where you’ll ultimately work.

Key Points About Bank Allotment

For IBPS PO & Clerk:

1. Choice Filling: After qualifying the Mains exam, candidates fill their bank preferences in order of priority (typically you can choose multiple banks in preferential order).
2. Allotment Criteria:

• Merit-based allocation according to your Mains exam score
• Your stated preferences
• Vacancies available in each bank
• State/region domicile requirements (some banks give preference to local candidates)

1. No Control Over Final Allotment: While you can express preferences, the final bank allotment is at IBPS’s discretion based on the above factors.
2. Interview Call: Once allotted, you’ll be called for an interview by that specific bank.
3. One Bank, One Chance: You can only be allotted to one bank in a particular IBPS cycle. If you reject the allotment, you cannot claim another bank in the same cycle.

For IBPS RRB:

1. State-wise Application: Candidates apply for a specific state while filling the application form.
2. RRB Allotment: Based on your score and preferences, you’re allotted to one of the RRBs operating in your chosen state.
3. Limited Transferability: RRB employees typically work within the state/region of their RRB, with limited inter-state transfer opportunities.

Strategic Tips for Bank Preference Selection

Choosing the right banks in your preference list can significantly impact your career satisfaction. Consider these factors:

1. Bank Size & Reputation

Large Banks (Better for Career Growth):

• Punjab National Bank
• Canara Bank
• Bank of Baroda
• Union Bank of India
• Bank of India

Advantages: Better training programs, faster promotions, more branch network, higher business volumes
Smaller Banks:

• Punjab & Sind Bank
• UCO Bank
• Central Bank of India

Advantages: Potentially faster initial postings in preferred locations, less competition for internal promotions

2. Posting Locations

Research the bank’s branch network:

• Does the bank have strong presence in your preferred state/region?
• Check their rural vs. urban branch distribution
• Consider your flexibility for transfers

Example: If you want to work in South India, prioritize:

• Canara Bank (strong South presence)
• Indian Bank (headquartered in Chennai)
• Indian Overseas Bank (headquartered in Chennai)

3. Work Culture & Technology Adoption

Technology-Forward Banks:

• Banks that have invested heavily in digital banking may offer better work-life balance
• Check recent news about digital initiatives

4. Financial Health

Check Recent Performance:

• Look at the bank’s NPA (Non-Performing Assets) ratio
• Recent profit/loss statements
• Capital adequacy ratios

Why it matters: Financially stable banks offer better job security and growth opportunities.

5. Recent Merger Status

Banks that have recently undergone mergers may experience:

• Initial organizational challenges
• Potential delays in promotions or transfers
• But also: more opportunities as they consolidate

Year-wise Vacancy Distribution: What to Expect

Typical Vacancy Patterns (Based on Recent Years)

IBPS PO Vacancies by Bank (Approximate Range)

IBPS Clerk Vacancies by Bank

IBPS RRB Vacancies

Note: These are approximate figures. Actual vacancies vary based on government policies, retirement rates, and business requirements of individual banks.

Important Updates for 2025 Aspirants

Recent Changes in Banking Sector

1. No New Mergers Announced: As of now, the government has not announced any new bank mergers for 2025.
2. Digital Banking Push: All PSBs are heavily investing in digital infrastructure, which may influence job roles and responsibilities.
3. Branch Rationalization: Some banks are consolidating branches, which may affect initial posting locations.
4. Increased Focus on Recovery: Banks are prioritizing NPA recovery, creating demand for more credit officers.

How to Stay Updated

• Official IBPS Website: www.ibps.in – Check for the latest notifications
• Individual Bank Websites: Visit career sections of specific PSBs
• Government Announcements: Follow Department of Financial Services updates

Comparison: PSB vs RRB – Which Should You Choose?

Many aspirants appear for both IBPS CWE (for PSBs) and IBPS RRB. Here’s a detailed comparison:

Public Sector Banks (PSBs)

Advantages:

• ✅ Higher salary scale
• ✅ Better promotion opportunities
• ✅ Pan-India presence and transfer possibilities
• ✅ Exposure to diverse banking operations
• ✅ Better international career opportunities
• ✅ More prestigious in perception

Challenges:

• ❌ Higher competition (lower selection ratio)
• ❌ Frequent transfers across states
• ❌ High-pressure environment
• ❌ May require working in metropolitan cities

Regional Rural Banks (RRBs)

Advantages:

• ✅ Lower competition (relatively easier to crack)
• ✅ Limited geographical area (less frequent transfers)
• ✅ Better work-life balance
• ✅ Closer to home for rural/semi-urban aspirants
• ✅ Meaningful impact on rural development

Challenges:

• ❌ Lower salary compared to PSBs
• ❌ Limited career growth beyond a point
• ❌ Primarily rural/semi-urban postings
• ❌ Smaller scale operations

Salary Comparison (Approximate)

Note: These include basic pay + DA + HRA (varies by location)

Frequently Asked Questions (FAQs)

1. How many banks participate in IBPS PO and Clerk exams?

Currently, 11 Public Sector Banks participate in IBPS PO and Clerk recruitment. This number has reduced from 20+ banks due to government-led bank mergers between 2019-2020. The participating banks include Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, Indian Bank, Central Bank of India, Indian Overseas Bank, UCO Bank, Bank of Maharashtra, and Punjab & Sind Bank.

2. Does State Bank of India (SBI) recruit through IBPS?

No, SBI does not recruit through IBPS. State Bank of India conducts its own independent recruitment examinations called SBI PO (Probationary Officer), SBI Clerk, and SBI SO (Specialist Officer). SBI has its own separate recruitment process and calendar.

3. How many Regional Rural Banks are there under IBPS RRB?

There are currently 43 Regional Rural Banks (RRBs) that recruit through the IBPS RRB examination. These RRBs are spread across different states and are sponsored by major public sector banks like SBI, Bank of Baroda, Canara Bank, and others. The number has reduced from 196 originally due to consolidation and amalgamation.

4. Can I choose which bank I want to join after clearing IBPS exam?

You can express your bank preferences after qualifying the Mains examination, but the final bank allotment is determined by IBPS based on your merit rank, stated preferences, available vacancies in each bank, and domicile requirements. You cannot unilaterally choose a specific bank—the allotment is final and binding once assigned.

5. What is the difference between IBPS CWE and IBPS RRB?

IBPS CWE (Common Written Examination) is conducted for recruitment to 11 Public Sector Banks for posts like PO, Clerk, and Specialist Officers. IBPS RRB is a separate examination specifically for Regional Rural Banks, recruiting for Officer Scale I/II/III and Office Assistant positions. RRBs generally have lower salary scales but offer limited geographical transfers, while PSBs offer higher pay but require frequent inter-state transfers.

6. Which banks are best to prefer in IBPS bank allotment?

The “best” bank depends on your personal priorities. If you prioritize career growth and higher salary, prefer large banks like Punjab National Bank, Canara Bank, Union Bank of India, and Bank of Baroda. If you prefer work-life balance and specific regional posting, consider banks with strong presence in your preferred state. Also evaluate each bank’s financial health, recent performance, branch network in your preferred location, and work culture before finalizing preferences.

7. How often are vacancies announced for IBPS exams?

IBPS PO and IBPS Clerk examinations are typically conducted once a year. IBPS PO notification usually comes around July-August, while IBPS Clerk notification comes around September-October. IBPS RRB is also conducted annually, with notifications generally released around May-June. However, special recruitment drives can be announced based on urgent requirements of participating banks.

Conclusion: Your Path to Banking Success Through IBPS

Understanding the complete landscape of banks recruiting under IBPS is your first strategic step toward a successful banking career. Whether you’re targeting the 11 Public Sector Banks through IBPS PO/Clerk or exploring opportunities in the 43 Regional Rural Banks through IBPS RRB, each path offers unique advantages and growth opportunities.
Key Takeaways:

• 11 PSBs currently recruit through IBPS CWE (PO/Clerk/SO)
• 43 RRBs recruit through IBPS RRB across India
• SBI conducts independent recruitment (not through IBPS)
• Bank allotment is merit-based with preference consideration
• Research each bank’s profile before filling preferences
• Both PSB and RRB careers offer excellent long-term stability

Your Next Steps:

1. Bookmark this guide for reference during bank preference filling
2. Research individual banks based on your location and career goals
3. Start your preparation without waiting—the exam pattern is consistent
4. Stay updated with official IBPS notifications for the latest vacancy information
5. Start Preparing following the Bank PO Syllabus in details.

Your Dream Banking Job is Within Reach

Remember, every successful banker today started exactly where you are—with a dream, determination, and the right information. The IBPS gateway opens doors to some of India’s most respected financial institutions, offering not just job security but a career of dignity, growth, and societal impact.
The bank allotment process may seem complex now, but when you receive that final selection letter, every moment of preparation will be worth it. Whether you find yourself in a bustling metropolitan branch of a major PSB or serving rural communities through an RRB, you’ll be part of India’s banking legacy.

Your journey to a secure government banking job begins with a single step—prepare smart, stay consistent, and trust the process.
Are you preparing for IBPS exams? Which banks are you hoping to get allotted to and why? Share your thoughts and questions in the comments below! Let’s build a community of aspirants supporting each other toward banking success.

Don’t forget to bookmark this comprehensive guide and share it with your fellow aspirants!
Last Updated: October 2025 | Source: Official IBPS notifications and participating bank announcements

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