RBI Officers in Grade ‘B’ Recruitment 2023– RBI invites Online applications for the recruitment of 291 Officers in Grade ‘B’(DR)- General, Officers in Grade ‘B’(DR)- DEPR, Officers in Grade ‘B’(DR)- DSIM Posts. Apply before 09 June 2023.
Vacancy Details:
RBI Invites Applications for the Following Posts
| SI No | Name of Posts | No. of Posts |
| 1. | Officers in Grade ‘B’(DR)- General | 222 |
| 2. | Officers in Grade ‘B’(DR)- DEPR | 38 |
| 3. | Officers in Grade ‘B’(DR)- DSIM | 31 |
| Total | 291 |
Educational Qualification: (As on 01.05.2023)
| 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 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. |
| 2. Officers in Grade ‘B’(DR)- DEPR -Essential: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. Desirable: A Doctorate Degree in Economics, or research or teaching experience in economics, or publication in the field/area of Economics in standard journals. 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 |
| 3. Officers in Grade ‘B’(DR)- DSIM -Essential: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; ORb. 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; ORc. 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; ORd. 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; ORe. 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.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.Note:(i) 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.(ii) 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.(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. |
Age Limit: (As on 01.05.2023)
| A candidate must have attained the age of 21 years and must not have attained the age of 30 years on May 01, 2023 i.e., he/she must have been born not earlier than May 02, 1993 and not later than May 01, 2002 |
The Upper age limit is relaxed by 5 years for SC/ST; 3 years for OBC, 10 Years for Persons with Disabilities (15 years for SC/ST PWD’s & 13 years for OBC PWD’s) and for Ex-S as per Govt. of India rules. Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through RBI official Notification 2023 for more reference
Salary Details:
| Selected Candidates will draw a starting basic pay of ₹55,200/-p.m. in the pay scale of ₹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. |
Selection Process:
RBI may follow the following process to select the candidates.
| 1. Online / Written examinations in Phase – I and Phase – II |
| 2. Interview |
| Online Examination Centres for Phase I (Gr. B (DR) –General):Exam Center In Tamilnadu: Chennai, Coimbatore, Erode, Madurai, Virudhunagar, Salem, Namakkal, Thiruchirapalli, Tirunelvelli,Centres for Phase II -Gr B-(DR)(General)Exam Center In Tamilnadu: ChennaiCentres for Phase I & Phase II (DEPR/DSIM)Exam Center In Tamilnadu: Chennai |
Application Fee/Exam Fee:
| SC/ST/PwBD – Rs. 100/- + 18%GST |
| GEN/OBC/EWSs – Rs. 850/- + 18%GST |
| STAFF@ – Nil |
| Note: The applicants shall pay the Application Fee as indicated in the Table Above through Online Payment Mode Only. |
How to apply:
Candidate(s) fulfilling all the above clearly laid down criteria will have to apply online only through the link on the RBI website in the careers webpage under current openings section i.e. https://www.rbi.org.in/ from 09.05.2023 to 09.06.2023. No other mode of application will be accepted.
Important Dates:
| Starting Date for Submission of Application | 09.05.2023 |
| Last date for Submission of Application | 09.06.2023 |
| Officers in Gr B (DR)- General | |
| Phase – I – Online Examination | July 09, 2023 |
| Phase – II – Paper I, II & III Online Examination | July 30, 2023 |
| Officers in Gr B (DR)- DEPR | |
| Phase – I – Paper I & II Online Examination | July 16, 2023 |
| Phase – II – Paper I & II Written Examination | September 02, 2023 |
| Officers in Gr B (DR)- DSIM | |
| Phase – I – Paper I Online Examination | July 16, 2023 |
| Phase – II – Paper II & III Online / Written Examination | August 19, 2023 |
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