The Department of Financial Services (DFS), Ministry of Finance, has announced a major overhaul of the recruitment and result-declaration cycle for SBI, nationalised banks (NBs) and Regional Rural Banks (RRBs).

The move aims to reduce attrition, improve workforce planning and enhance transparency in examinations conducted by the Institute of Banking Personnel Selection (IBPS).

A recurring challenge in recent years has been candidates shifting repeatedly between RRBs, NBs and SBI as results were declared in that order. This sequencing created high attrition at the entry level, causing operational strain across banks.

To address this, the DFS has introduced a revised, standardised recruitment-result sequence:

Results will now be announced first for SBI,

followed by nationalised banks,

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