The Chairman of the organization is Mr. M.V. Nair who is also the Chairman and managing director of Union bank of India. Other members include high-ranking officials of other banks and RBI. Mr. M Balachandran is the MEMBER-SECRETARY of IBPS .Their head office is in Mumbai, Maharashtra.
IBPS can register approximately 3.5 million banking aspirants online. In 2011, candidates who were successful in clearing the exam filled around seventy nine thousand vacancies. It generally conducts more than four hundred exams in a year. IBPS evaluates the answer booklets of more than thirteen million aspirants around the year. They have taken great care in using only recycled paper for stationery use. They have saved thousands of tonnes of paper giving it a socially and environmentally a safe tag. They have received several awards for their services.
This organization has tied up with even more banks for getting their exams conducted. Candidates who qualify this exam are then eligible to apply for personal interview in any of the 19 banks. Those nineteen banks may advertise for posts of clerks, officers etc when they come to know about the declaration of IBPS results. IBPS exam is conducted for clerical assistants, probationary officers and specialist officers. The method of applying has been kept online and the payment of exam fees can be done through online or CBS mode. The receipt or Challan can be downloaded from the site and filled in any of the listed banks that are printed on it. The intimation of filling of application is given through e-mails and SMS.