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ABOUT EXAM
RESERVE BANK OF INDIA - DIRECT RECRUITMENT FOR THE POST OF OFFICERS IN GRADE B
Reserve Bank of India (RBI) Grade B is a national-level exam conducted once a year by the Reserve Bank of India. The aspirants preparing to join the highly esteemed Reserve Bank of India will have to get through two stages (Phase 1 and Phase 2) of the selection process along with the interview phase.
The RBI Grade B post holds a lucrative salary and job profile, one of the main reasons for immense competition. The Reserve Bank of India releases the notification for the Grade B Officers post in the various departments of the Reserve Bank of India every year. In 2023, RBI Grade B notification is released for various posts including:-
OFFICIAL NOTIFICATION OF RBI GRADE B
RBI GRADE B OFFICERS EXAM IMPORTANT DATES
Official Notification of RBI release on 26th April 2023. Check the essential dates mentioned in the table below.
RBI Grade-B 2023: Important Dates |
|
Events |
Important Dates |
Release of RBI Grade B Notification 2023 |
26th April 2023 |
RBI Grade B Apply Online 2023 Starts |
09th May 2023 |
Online Application Last Date |
09th June 2023 (6 pm) |
Online Payment of Application Fees Last Date |
09th June 2023 (6 pm) |
RBI Grade B Phase-I Call Letter |
-- |
RBI Grade B Phase-I Exam Date 2023 |
09th & 16th July 2023 |
RBI Grade B Exam Dates 2023 For Phase 1 |
Officers in Grade 'B' (DR) - (General) - 9th July 2023 |
Officers in Grade 'B' (DR) - DEPR - 16th July 2023 |
|
Officers in Grade 'B' (DR) - DSIM - 16th July 2023 |
|
RBI Grade B Exam Dates 2023 For Phase 2 |
Officers in Grade 'B' (DR) - (General) - 30th July 2023 |
Officers in Grade 'B' (DR) - DEPR - 2nd September 2023 |
|
Officers in Grade 'B' (DR) - DSIM - 19th August 2023 |
|
RBI Grade B Exam Dates 2023 For Phase 1 |
To Be Announced |
To Be Announced |
|
To Be Announced |
|
To Be Announced |
DEPR - Department of Economic and Policy Research
DSIM - Department of Statistics and Information Management
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RBI GRADE B VACANCY 2023
RBI Grade B vacancy 2023 is disclosed with the notification released by the Reserve Bank of India. This year RBI rolled out a total of 291 vacancies. The Reserve Bank will conduct the registration for the RBI Grade B exam in online mode. Candidates can apply online for the available vacancies by submitting the RBI Grade B application form from 9 May 2023.
POST |
Unreserved (general) (GEN/UR) |
SC |
ST |
OBC |
EWSs |
TOTAL |
Officers in Gr B (DR)- General |
109 |
25 |
17 |
49 |
22 |
222 |
Officers in Gr B (DR) – DEPR |
14 |
4 |
06(04) |
11 |
3 |
38 |
Officers in Gr B (DR)-DSIM |
9 |
08 (05) |
05(05) |
6 |
3 |
31 |
ELIGIBILITY CRITERIA
RBI Grade B Officers Exam Eligibility Criteria:
A candidate must be either :-
(a) a citizen of India, or
(b) a subject of Nepal, or
(c) a subject of Bhutan, or
(d) a Tibetan refugee who came over to India before 1st January,1962 with the intention of permanently settling in India, or
(e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
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Sr. No. |
Category |
Relaxation in Age |
|
(i) |
Scheduled Caste / Scheduled Tribe (SC / ST) |
By 5 years |
|
(ii) |
Other Backward Classes (OBC) |
By 3 years |
|
(iii) |
Persons with Disabilities (PWD) |
By 10 years (GEN), 13 years (OBC) & 15 years (SC/ST) |
|
(iv) |
Ex-Servicemen |
To the extent of service rendered by them in the Armed Forces plus an additional period of 3 years subject to a maximum of 50 years. |
|
(v) |
Widows/divorced women/ women judicially separated who are not re-married |
By 10 years |
|
(vi) |
Candidates domiciled in the state of Jammu and Kashmir during the period from 1st January 1980 to 31st December 1989. |
By 5 years |
|
(vii) |
Candidates having work experience in Reserve Bank of India |
To the extent of the number of years of such experience, subject to a maximum of 3 years. |
|
(viii) |
Gen/EWSs in the case of PwBD. |
10 years |
|
(ix) |
For SC/ST/ PwBD |
Maximum of 15 |
|
(x) |
For OBC PwBD |
Maximum of 13 years |
|
(xi) |
For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, the upper age limit is relaxed to the extent of the number of completed years of such experience subject to a maximum of three years. |
The upper age limit should not exceed 33 years, including experience. Note- For experience, the probationary period will not be reckoned. |
|
1. Officers in Grade B (DR) - (General)
Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Note:
Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination.
Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.
OR
Any such full-time course from a recognised University / Institute that is taken after graduation and is at least of 2 years duration / recognised by the Government as equivalent to post graduation will be eligible for admission to the examination.
2. Officers in Grade B (DR) - DEPR
Essential:
a) A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years from a recognised Indian or Foreign University /Institute.
b) PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR
c) Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.
Desirable:
A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.
3. Officers in Grade B (DR) - DSIM
Essential:
a. A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR
b. Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an institute of repute; OR
c. M.Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years OR
d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.
Desirable:
(i) Candidates with a Doctorate in topics related to above subjects will be given preference.
(ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.
Candidates possessing M.Phil. And Ph.D. qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.
Candidates with research / teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.
D) Number of attempts:
Candidates belonging to unreserved i.e. General Category, who had already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them
SERVICE CONDITIONS/CAREER PROSPECTS:
(i) Pay Scale: Selected Candidates will draw a starting basic pay of ₹55,200/-p.m. in the pay scale of Rs. 55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly gross emoluments are ₹1,08,404/- (approx.) The House Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank
(ii) Seniority: Candidates selected from separate recruitments for the post of Officer in Gr. B (DR) for General, DEPR, DSIM streams will join the Common Seniority Group and the seniority among these Officers will be fixed according to the ranking worked out by using the standard percentile score of aggregate marks of selected candidates.
(iii) Initial appointment will be on probation for a period of two years.
At Banks discretion, the probationary period may be extended upto a maximum period of four years.
(iv) There are reasonable prospects for promotion to higher grades.
(v) Selected candidates are liable to be posted and transferred anywhere in India.
SCHEME OF SELECTION: Selection for the aforementioned posts will be done through RBI Grade B Officers ONLINE examinations in Phase - I and Phase - II and interview.
Detailed scheme of selection are available on the Banks website www.rbi.org.in.
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APPLICATION FEES (NON-REFUNDABLE):
The application fee shall be applicable based on the candidate's category to fill out the RBI Grade B application form 2023. The table below gives an idea of the application fee for each category.
Category |
Application Fee |
General/OBC |
Rs. 850/- + 18% GST |
SC/ST/PWD |
Rs. 100/- + 18% GST |
Staff@RBI |
Nil |
Fees once paid will neither be refunded nor be adjusted against any future recruitment projects.
HOW TO APPLY RBI GRADE B OFFICERS EXAM APPLICATION FORM:-
Candidates have to apply only RBI Grade B Officers Exam ON-LINE through the Banks website i.e. www.rbi.org.in from started on 09th May 2023 and continue till 09th June 2023 as mentioned in RBI Grade B Notification 2023. Detailed instructions for applying ON-LINE are available on the website. The candidates have to submit online application forms to get registered them self for RBI Grade B Exam 2023. All candidates who are interested to apply for RBI Grade B 2023 exam can fill the online application by clicking on the link given below as the RBI Grade B application process starts.
Candidates need not submit the system generated print out (hard copy) of the ON-LINE application to the Boards office.
Candidates desirous of applying for posts in both Gr.B (DR)-General and Gr B (DR) DEPR / DSIM (as the case may be) are required to apply using links for both the positions separately and pay the fees for both.
RBI GRADE B OFFICER SELECTION STAGES
RBI Grade B 2023 exam is divided into a 3-phase of selection process. The phases of the RBI Grade B selection process are as follows:-
FOR MORE RBI GRADE B OFFICERS EXAM DETAILS: -
https://www.rbi.org.in/Scripts/BS_SpeechesView.aspx?Id=1363
Link for Direct Apply Online: - https://ibpsonline.ibps.in/rbioapr23/