RBI Grade B Officer Update 2024: The Reserve Bank of India is expected to release the official notification for the RBI Grade B Officer recruitment in May or June 2024. The Reserve Bank of India Services Board (RBI) in Mumbai will be inviting online applications to fill over 250 vacancies for the fiscal year 2024-25. Online application registration for the RBI Grade B Officer positions is anticipated to start on the RBI official website, rbi.org.in, from June 2024. The application period is likely to end in July 2024.
RBI Grade B Officer Recruitment 2024 Notification
Job Name | Grade B Officer |
Expected Vacancies | 250+ |
Selection Process | Online Examination, Interview |
Registration Month | May – June 2024 |
Official Website | opportunities.rbi.org.in |
RBI Grade B Officer Vacancy 2024:
2024 RBI Grade B Posts:
Post Name | No of Vacancies |
Officers in Grade ‘B’ (DR) – General | To be Announced |
Officers in Grade ‘B’ (DR) – DEPR | To be Announced |
Officers in Grade ‘B’ (DR) – DSIM@ | To be Announced |
2023 RBI Grade B Posts:
Post Name | No of Vacancies |
Officers in Grade ‘B’ (DR) – General | 222 |
Officers in Grade ‘B’ (DR) – DEPR | 38 |
Officers in Grade ‘B’ (DR) – DSIM@ | 31 |
RBI Grade B Officer Age Limit:
- Minimum age: 21 years
- Maximum age: 30 years
- Age Relaxation: 5 years for SC/ST, 3 years for OBC, and a maximum of 5 years for Ex-Servicemen & Ex-employees.
RBI Grade B Officer Salary:
Successful candidates will receive a starting basic pay of ₹55,200 per month, with a salary scale ranging from ₹55,200 to ₹99,750. The pay scale includes increments and adjustments as follows: ₹55,200-2,850(9)-₹80,850-EB-2,850(2)-₹86,550-3,300(4)-₹99,750, which spans a period of 16 years for Officers in Grade B.
Eligibility Criteria for RBI Grade B Officer:
Educational Qualifications:
- For General Stream: Candidates should have a minimum of a bachelor’s degree in any discipline with at least 60% marks (or equivalent grade) from a recognized university or institution. For SC/ST/PWD candidates, the minimum requirement is 50% marks.
- For Economic and Social Issues Stream: Candidates must have a master’s degree in economics, statistics, or a related field with at least 55% marks (or equivalent grade) from a recognized university. For SC/ST/PWD candidates, the minimum requirement is 50% marks.
- For Finance and Accounts Stream: A master’s degree in finance, accounting, or a related field with at least 55% marks (or equivalent grade) from a recognized university is required. For SC/ST/PWD candidates, the minimum requirement is 50% marks.
Age Limit:
- The age of candidates should be between 21 and 30 years. Age relaxation is applicable as per government regulations:
- SC/ST: Up to 5 years
- OBC: Up to 3 years
- PWD: Up to 10 years (15 years for SC/ST and 13 years for OBC)
- Ex-Servicemen: As per the service rules
Work Experience:
- Work experience is not mandatory for most streams, but having relevant experience can be beneficial.
Nationality:
- Candidates must be Indian citizens or fulfill the nationality criteria as specified in the official notification.
Other Requirements:
- Candidates should have proficiency in English and, in some cases, in local languages.
- They must be mentally and physically fit for the role, as specified by the RBI.
Selection Process for RBI Grade B Officer:
The selection process for RBI Grade B Officers consists of Online/Written Examinations in Phase-I and Phase-II, followed by an Interview.
Online Examination (Phase I and Phase II) |
Personal Interview |
RBI Grade B Officer Phase I Online Exam Overview:
In Phase I, candidates will take a single Objective Type Paper worth 200 marks, with a total duration of 120 minutes. They must meet the minimum score requirements for each section and overall, as specified by the Board. The Phase I Paper will cover the following tests:
- General Awareness
- English Language
- Quantitative Aptitude
- Reasoning
RBI Grade B Officer Phase II Online Exam Details:
The RBI Grade B Phase–II online examination consists of three papers:
- Paper-I: Economic and Social Issues
(50% Objective Type, 50% Descriptive Type) – 100 Marks - Paper-II: English (Writing Skills)
- 100 Marks
- Paper-III: General Finance and Management
(50% Objective Type, 50% Descriptive Type) – 100 Marks
RBI Grade B Officer Application Fee:
General, OBC and EWS | ₹ 850/- |
SC, ST and PwBD | ₹ 100/- (Intimation charges only) |
Payment Method | Online Mode |
How to Apply for RBI Grade B Officer Recruitment 2024:
- Visit the Official RBI Website: Go to the Reserve Bank of India’s official website (rbi.org.in) where the recruitment notification will be published.
- Check the Notification: Read the RBI Grade B Officer Recruitment 2024 notification carefully to understand the eligibility criteria, selection process, and other important details.
- Register Online: Navigate to the ‘Career Opportunities’ or ‘Current Openings’ section on the RBI website and select the link for Grade B Officer recruitment. You will need to register by providing basic personal and contact information.
- Fill Out the Application Form: Complete the online application form with your educational qualifications, work experience, and other required details. Ensure that all information is accurate and matches your supporting documents.
- Upload Documents: Upload scanned copies of your photograph, signature, and any other required documents as per the specifications mentioned in the notification.
- Pay the Application Fee: Pay the application fee through the available online payment options. The fee structure will be detailed in the recruitment notification.
- Submit Your Application: Review your application carefully before submitting it. Once submitted, take a printout of the application form and payment receipt for your records.
- Prepare for the Examination: After submitting your application, start preparing for the Phase-I and Phase-II examinations. The selection process will include both written exams and an interview.
Apply Job Here :
Important Dates for RBI Grade B Officer Recruitment 2023:
- Opening date for submission of Online Registration: May – June 2024
- Last date for registration of Online Application: June 2024
- Last date for editing application: June 2024
- Last date for printing your application: June 2024
- Last date for paying application fee: June 2024
- Phase I Online Examination of Grade B (DR) – General: July 2024
- Phase II Online Examination of Grade B (DR) – General: July 2024
- Phase I Online Examination of Grade B DR – DEPR / DSIM: July 2024
- Phase II Online Examination of Grade B DR – DEPR: September 2024
- Phase II Online Examination of Grade B DR – DSIM: August 2024.