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RBI Officers Grade-B Online Form 2023

Reserve Bank of India (RBI) Has Invited Online Application Form For The Post Of Officers in Grade B (Direct Recruit-DR) (On Probation-OP) (General/ DEPR/ DSIM) Streams. Before Apply Online Read The Full Advertisement.
Please read the instructions and proceed carefully before you start filling the Online Application Form.

Reserve Bank of India

RBI Officers Grade-B Recruitment 2023

Important Dates

Application Fee

  • Application Starts From : 09-05-2023
  • Application Last Date : 09-06-2023
  • UR/ OBC/ EWS : Rs. 850/-
  • SC/ ST/ PH : Rs. 100/-
  • Pay Fee Through Online Mode.

Age Limit

Total Post

  • Age As On : 01.05.2023
  • Minimum Age : 21 Years
  • Maximum Age : 30 Years
  • ( For Age Relaxation See Notification )

291

Full Eligibility Details

  • 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 PostGraduation in any discipline/ Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ ST/ PwBD applicants) in aggregate of all semesters/ years.
  • Note :
  • Graduation Level : Any such course from a recognised University / Institute that is taken after Class XII and is at least of 3 years’ duration/ candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
  • Post Graduation Level : Any such 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 professional or technical Post-graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
  • Officers in Grade ‘B’ (DR) – DEPR :- (a.) A Master’s Degree in Economics (or any other master’s degree where “Economics” is the principal constituent* of the curriculum/syllabus, namely MA/ MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics) OR
  • (b) A Master’s Degree in Finance (or any other master’s degree where “Finance” is the principal constituent* of the curriculum / syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance)
    For a) and b) above, minimum 55 per cent marks or an equivalent grade is required in aggregate of all semesters / years from a recognized Indian or foreign University/ Institute.
    “Principal constituent” with respect to syllabus / curriculum means half or more of the total courses/ electives/ credits must be in Economics or Finance.
    Note I: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a) and (b) above is 50% marks or an equivalent grade in aggregate of all semesters/ years.
    Note II: (i) Candidates having M.PhiI Degree and Doctorate Degree from a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.
    (ii) Candidates having Master’s Degree with research / teaching experience at a recognized Indian / Foreign University / Institute in economics 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.
    (iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.
  • Officers in Grade ‘B’ (DR) – DSIM :- a. A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics 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. Master’s degree course in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR
    d. Four-year Bachelor’s degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR
    e. Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme.
    Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c), (d) and (e) above is 50% or an equivalent grade in aggregate of all semesters/ years.

Post Wise Vacancy Details

Post Name

Vacancies

Officers in Grade B (DR)- General

222

Officers in Grade B (DR)- DEPR

38

Officers in Grade B (DR)- DSIM

31

How To Apply

Candidates are required to apply only online using the website www.rbi.org.in and no other means/ mode of application will be accepted. Detailed instructions for filling up online applications are given at Appendix-I which is available on the Bank’s website www.rbi.org.in. The applicants are advised to submit a single application; however, if due to any unavoidable situation, if he/ she submits another/ multiple applications, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicant’s details, examination centre, photograph, signature, left thumb impression and handwriting undertaking, fee etc.

Mode Of Selection

Selection for the aforementioned posts will be done through ONLINE/ WRITTEN examinations in Phase – I and Phase – II and interview. Detailed scheme of selection is given at Appendix – II (Gr. B (DR) – General)/ Appendix – III (Gr. B(DR)- DEPR and Gr. B(DR)-DSIM) which are available on the Bank’s website www.rbi.org.in

Pay Scale

Selected Candidates will draw a starting basic pay of Rs. 55,200/- Per month 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 Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, House Rent Allowance as per rules in force from time to time. At present, initial monthly gross emoluments (without HRA) are Rs. 1,16,914/- (approximately) The House Rent Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.

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