The Institute of Banking Personnel Selection (IBPS) is a central recruitment  agency  under the ownership of Ministry of Finance, Government of India that was started with an  aim to encourage the recruitment and placement of young undergraduates,   postgraduates  and  doctorates  at  the  rank  of  Group ‘A’  officer,    Group ‘B’ officer, Group ‘C’ employee and Group ‘D’ employee in Nationalised Banks and Regional Rural Banks in India. It also provides standardised systems for assessment and result processing services to organisations like Insurance Companies etc,.