NIIT IFBI announces National Banking Entrance Test

NIIT Institute of Finance, Banking & Insurance Training Ltd. (IFBI), today announced the National Banking Entrance Test (NBET) for their Post Graduate programs from February 15 to February 28, 2013. This is the third edition of the test.

Successful candidates will be eligible for direct admission into the industry linked diploma programs- Post Graduate Diploma in Banking Operations (PGDBO) and BankVantage Career programs. Top 2,600 candidates in the merit list will be offered pre-course placement offers from leading private sector banks in India.

Graduates/Post graduates with 50% or above marks in graduation, Classes XII & Class X, and final year graduation students, are eligible to apply for the National Banking Entrance Test. Candidates should be born on or after July 1, 1988 to be eligible for applying for the test.

Bimal Jain, President, NIIT IFBI, said, "With the Indian banking industry on a growth path, there is a huge requirement for skilled professionals. NBET is an initiative by IFBI to identify and train the right talent for the fast evolving banking sector in India."

NBET would be an online examination in the areas of verbal, numerical, logical and basic knowledge. Candidates who qualify in NBET would need to appear for a personal interview and shortlisted candidates would need to enroll for the post graduate programs in order to establish a banking career with top recruiters in the banking sectors.

According to the institute, there are an estimated 85,000 vacancies in various PSU banks across the country and the government is keen on filling these in this fiscal year itself. Analysts are of the view that with the opening of new banks, at least 50,000 people can get jobs in India.