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Direct Recruitment for the post of Officers in Grade ‘B’ (Direct Recruit-DR) (On Probation-OP) (General/DEPR/DSIM) Cadres - Panel Year 2024

IMPORTANT INSTRUCTIONS

‘Build your Nation. Build your Career’

Life with RBI is not just another career. It's a commitment. Commitment to serve the Nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves.

Come to RBI if you are looking for an ecosystem that encourages continuous learning, an equal opportunity work environment, a supportive HR climate and, of course, an attractive compensation structure.

We are a full service central bank handling a variety of functions. An exciting array of job roles are handled by our officers in Grade ‘B’ depending upon their postings. For more on this, please click / type the following URL in your browser https://oppurtunities.rbi.org.in/scripts/roles.aspx.

1. Candidates to ensure their Eligibility for the Posts

Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts. Reserve Bank of India Services Board, hereinafter referred to as the ‘Board’, would admit to the Examinations all the candidates applying for the post with the requisite Fee/Intimation Charges (wherever applicable) based on the information furnished in the ONLINE application and shall determine their eligibility only at the final stage i.e. Interview stage. If at that stage, it is found that any information furnished in the ONLINE application is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear at the Interview and claim any reimbursement towards travelling. Such candidates can be removed from the Bank’s services without notice if he / she has already joined the Bank.

2. Mode of Application

Candidates are required to apply ONLINE only through the Bank's website www.rbi.org.in. No other mode for submission of application is available.

Brief instructions for filling up the "Online Application Form" are given in Appendix-I.

3. Important Dates

Events Important Dates**
Website Link Open for Online Registration of Applications and Payment of Application Fees/Intimation Charges July 25 to August 16, 2024 (till 06:00 PM)
Officers in Grade ‘B’ (DR)-General Phase-I Online Examination September 08, 2024 $
Phase-II : Paper-I, II & III Online Examination October 19, 2024 #
***Officers in Grade ‘B’ (DR) - DEPR* Phase-I : Paper-I & II Online Examination September 14, 2024 %
Phase-II : Paper-I & II Written Examination October 26, 2024 %
***Officers in Grade ‘B’ (DR) - DSIM@ Phase-I : Paper-I Online Examination September 14, 2024
Phase-II : Paper-II & III Online / Written Examination October 26, 2024 #
*Department of Economic and Policy Research
@ Department of Statistics and Information Management
** The Board reserves the right to make any changes in these dates.
$ Candidate will have to appear only in one shift of Phase - l examination.
# Candidate will have to appear in all the shifts of Phase - ll / Paper-I, II & Ill examination
% Candidate will have to appear for both the papers
*** Candidates can apply for Grade ‘B’ (DR) either in DEPR or DSIM.

4. Help Facility

In case of any problem in filling up the form, payment of Fee/Intimation Charges, or in downloading of Admit Card, queries may be made through the link http://cgrs.ibps.in.

Do not forget to mention “RBI Officers in Grade 'B' (DR) - GENERAL/DEPR/DSIM” (as applicable), in the subject of the email.

5. Use of MOBILE PHONES and other electronic devices BANNED

(a) The use of any mobile phone (even in switched off mode), pager or any electronic equipment or programmable device or storage media like pen drive, smart watches etc. or camera or blue tooth devices or any other equipment or related accessories either in working or switched off mode capable of being used as a communication device during the examination is strictly prohibited. Any infringement of these instructions shall entail disciplinary action, including ban from future examinations.

(b) Candidates are advised in their own interest not to bring any of the banned items including mobile phones/pagers to the venue of the examination, as arrangement for safe keeping cannot be assured.

(c) Candidates are advised not to bring any valuable/costly items to the examination venue, as safe keeping of the same cannot be assured. The Board will not be responsible for any loss in this regard.

(d) Use of calculators is not permitted in Phase-I for Grade ‘B’ (DR)-General and Paper-I for DEPR / DSIM of this examination. However, non-programmable electronic calculator will be made available online on the screen for Paper-II to DSIM candidates only.

6. Corrigendum

Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank's website (www.rbi.org.in).


DETAILED NOTICE

1. The Reserve Bank of India Services Board (Board) invites applications from eligible candidates for the posts mentioned below in Reserve Bank of India (RBI/Bank):

Post Number of Vacancies
Unreserved
(GEN/UR)
Scheduled Castes (SC) Scheduled Tribes (ST) Other Backward Classes (OBC)
$
EWSs
@
TOTAL PwBD Category*#
A B C D
1. Officers in Grade ‘B’(DR)- General 27 10 4 19 6 66 1 8(7) 1 4(4)
2. Officers in Grade ‘B’(DR)- DEPR 8 1 6(3) 5 1 21 - - 2(2) 3(2)
3. Officers in Grade ‘B’(DR)- DSIM 2 1(1) 4(4) - - 7 2(2) - - 1(1)

() indicates backlog vacancies
*PwBD-Persons with Benchmark Disabilities
$ Reservation for OBC in recruitment is governed by Office Memorandum No. 36012/22/93-Estt. (SCT) dated September 08, 1993 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India, as amended from time to time.

The OBC candidates coming in the 'Creamy Layer' are not entitled to OBC reservation. They should indicate their category as ‘General (GEN)’. The OBC candidates claiming reservation under the said category must produce OBC (Non-Creamy Layer) certificate based on the income for the Financial Year (FY) 2023-2024, 2022-2023 and 2021-2022 and issued on/ after April 01, 2024 (after the completion of FY 2023-24) but not later than the closing date of applications for the posts. The candidate should be in possession of requisite OBC certificate in the prescribed format (Appendix – V) in support of his/her claim for availing reservation on / before the closing date of applications for the posts i.e. August 16, 2024.

@Reservation for Economically Weaker Sections (EWSs) in recruitment is governed by Office Memorandum No.36039/1/2019-Estt. (Res) dated January 31, 2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India.

Disclaimer: “EWSs vacancies are tentative and subject to further directives of Government of India and outcome of any litigation. The appointment is provisional and is subject to the Income & Asset certificate being verified through proper channels”. Benefits of reservation under EWS category can be availed upon production of an “Income and Asset Certificate” issued by a Competent Authority in the format prescribed by Government of India for the Financial Year 2023-24 and Valid for the Year 2024-25. The candidate should be in possession of requisite Income and Asset certificate in the prescribed format (Appendix-VI) in support of his/her claim for availing reservation on / before the closing date of applications for the posts i.e. August 16, 2024.

# As per OM No.36035/02/2017-Estt (Res) dated January 15, 2018 issued by Department of Personnel & Training (DoPT), Government of India regarding ‘Reservation for the Persons with Benchmark Disabilities’, the four categories of disabilities are as under:

[A] (a) blindness and low vision [B] (b) deaf and hard of hearing
[C] (c) locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy; [D] (d) autism, intellectual disability, specific learning disability and mental illness;

(e) multiple disabilities from amongst persons under clauses (a) to (d) including deaf- blindness

Note (I) - For SC/ST/OBC/EWS candidates

Even if there is no vacancy reserved for SC/ST/OBC/EWS category candidates for a particular post, such candidates can still apply. However, they will not be eligible for any concession/relaxation etc. SC/ST candidates are exempt from payment of application fee even in such case but will have to pay specified Intimation Charges.

Note (II) - For Persons with Benchmark Disabilities (PwBD) candidates

The Bank has identified the following categories suitable for the posts mentioned below along with the Functional Requirements and only the following categories of PwBD candidates are, therefore, eligible to apply for the posts:

Sr. No Name of Post Suitable category of Benchmark Disabilities* Functional Requirements**
1 Officer in Gr ‘B’ -GENERAL/ DEPR/DSIM a) B, LV S, W, MF, RW, SE, C
b) HH
c) OA, BA, OL, BL, OAL, BLA, BLOA, CP, LC, Dw, AAV, SD / SI
d) ASD(M), MI
e) MD involving (a) to (d) above

* Category Abbreviations Used

B-Blindness, LV=Low Vision, HH=Hard of Hearing, OA=One Arm, BA=Both Arms, OL=One Leg, BL=Both Legs, OAL=One Arm and One Leg, BLA=Both Legs Arms, BLOA=Both Legs & One Arm, CP=Cerebral Palsy, LC=Leprosy Cured, Dw=Dwarfism, AAV=Acid Attack Victim, SD / SI = Spinal Deformity and Spinal Injury with / without any associated neurological / limb dysfunction, ASD (M) = Autism Spectrum Disorder (Mild), MI = Mental Illness, MD = Multiple Disabilities.

** Functional Requirements

S=Sitting, W=Walking, MF=Manipulation with Fingers, RW=Reading & Writing, SE=Seeing, C=Communication.

(2) PwBD candidates may belong to any category (i.e. General/SC/ST/OBC/EWSs). Reservation for PwBD is horizontal and within the overall vacancies for the posts subject to the posts having been identified suitable for such disabilities.

(3) PwBD candidates should possess a latest disability certificate issued by a Competent Authority as prescribed vide ‘The Rights of Persons with Disabilities Act, 2016’ (RPwD Act, 2016). Such certificate shall be subject to verification/re-verification, as may be decided by the Board/ Competent Authority.

(4) Backlog vacancies reserved for PwBD would be filled by a person with benchmark disability in the respective category. If no suitable person from that category is available such backlog vacancies would be filled up by interchange among other eligible PwBD candidates subject to the posts having been identified suitable for such disabilities as stated at Note II (1) above.

(5) Use of Scribe and Compensatory Time (persons having disability of 40% or more)

At the time of online/written examination, those PwBD candidates (who have disability of 40% or more) who have physical limitation in typing/writing including that of speed would be allowed the facility to use the service of a scribe. In all such cases where a scribe is used, the following rules will apply:

  1. The candidate will have to arrange his/her own scribe/writer at his/her own cost.

  2. Both the candidate as well as the scribe will have to give a suitable undertaking, in the prescribed format with passport size photograph of the scribe at the time of examination.

  3. PwBD candidates who have physical limitation to type/write including that of speed shall be allowed compensatory time of 20 minutes per hour of the examination whether availing the facility of scribe or not.

  4. Any candidate who is using scribe should ensure that he/she is eligible to use scribe in the examination as per the above guidelines. Violation of the above guidelines or suppression of material facts shall entail the cancellation of candidature of PwBD candidate, in addition to any other action that the Bank may deem fit against the candidate and the scribe. Such candidates can be removed from the Bank’s service without notice, if he/she has already joined the Bank.

  5. During the examination, at any stage, if it is found that scribe is independently answering the questions, the examination session for such candidate will be terminated, and candidate’s candidature will be cancelled. The candidature of such candidates using the services of a scribe will also be cancelled if it is reported after the examination by the test administrator personnel that the scribe independently answered the questions.

(6) Use of Scribe and Compensatory Time (persons having less than 40% disability)

In addition to the instructions applicable to PwBD candidates (who have disability of 40% or more), following rules will apply for persons with specified disabilities covered under the definition of Section 2(s) of the RPwD Act, 2016 but not covered under the definition of Section 2(r) of the said Act, i.e. persons having less than 40% disability and having difficulty in writing:

  1. The facility of scribe and/or compensatory time shall be granted solely to those having difficulty in writing subject to production of a certificate to the effect that person concerned has limitation to write and that scribe is essential to write examination on his/her behalf from the competent medical authority of a Government healthcare institution as per proforma at Appendix-VIII.

  2. The qualification of the scribe should be one step below the qualification of the candidate taking examination. The candidate opting for own scribe should submit details of the own scribe as per proforma at Appendix-IX.

(7) Detailed instructions for PwBD candidates and candidates having less than 40% disability regarding availing services of scribe and allotment of extra/compensatory time will be made available on the Bank's website (www.rbi.org.in) at the time of uploading of Admit Cards for examinations.

Note (III) - Candidates seeking reservation/ relaxation benefits available for SC/ST/OBC/PwBD/EWSs/Ex-servicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed. They should also be in possession of all the requisite certificates in the prescribed format in support of their claim as stipulated for such benefits. These certificates should be dated on or before the closing date of applications for the posts.

2. 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 ₹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 ₹1,22,717/- (approximately). The House Rent Allowance of 15% of Pay will be paid, if accommodation is not provided by the Bank.

Note

For candidates possessing very high academic or professional qualification / experience of significant value to the Bank, the Bank may, at its sole discretion, consider granting up to four advance increments. The Board, at its sole discretion, may consider requests for higher emoluments because of higher qualification/special experience of value to the Bank at the Interview stage only. Such information may be furnished in the Bio-data Form in the appropriate column. The maximum number of increments which can be considered will be four. The Board/Bank will not entertain any request received after the Interview.

II. Seniority

Candidates selected from recruitment for the post of Officer in Grade ‘B’ (DR) - GENERAL stream will join General Cadre and candidates selected from recruitment for the post of Officer in Grade ‘B’ (DR) - DEPR/DSIM stream will join DEPR/DSIM Cadre.

III. Perquisites

Bank's accommodation, subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility. Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility. Interest free festival advance, Leave Fare Concession (once in two years for self, spouse and eligible dependents). Loans and advances at concessional rates of interest for Housing, Vehicle, Education, Consumer Articles, Personal Computer, etc.

IV. Selected candidates will be governed by the 'Defined Contribution New Pension Scheme (NPS) which is mandatory for all employees joining the services of the Bank on or after January 01, 2012', in addition to the benefit of Gratuity.

V. At certain Centres, limited number of residential quarters are available. Facility for securing residential accommodation on lease, however, exists at all the Centres.

VI. Initial appointment will be on probation for a period of two years. At Bank's discretion, the probation period may be extended up to a maximum of four years.

VII. There are reasonable prospects for promotion to higher grades.

VIII. Selected candidates are liable to be posted and transferred anywhere in India.

3. ELIGIBILITY CONDITIONS

I. Nationality

A candidate must be either:­

  1. a citizen of India, or

  2. a subject of Nepal, or

  3. a subject of Bhutan, or

  4. a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or

  5. 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.

Provided that a candidate belonging to categories (ii), (iii), (iv) and (v) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

A candidate in whose case a certificate of eligibility is necessary, may be admitted to the examination, but the offer of appointment may be given only after the necessary eligibility certificate is issued to him/her by the Government of India.

II. Age Limit (As on July 01, 2024)

a) A candidate must have attained the age of 21 years and must not have attained the age of 30 years on July 01, 2024 i.e., he/she must have been born not earlier than July 02, 1994 and not later than July 01, 2003.

b) The upper age-limit prescribed above will be relaxed:

i. up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe, if the posts are reserved for them.

ii. up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates, if the posts are reserved for them.

iii. up to a maximum of five years for ex-employees of banking institutions whose services had to be terminated for reasons of economy or because of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange.

iv. up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs) who have rendered at least five years Military Service as on July 01, 2024 and have been released.

  1. on completion of assignment (including those whose assignment is due to be completed within one year from July 01, 2024) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or

  2. on account of physical disability attributable to Military Service; or

  3. on invalidment.

v. up to a maximum of five years in the case of ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on July 01, 2024 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate that they can apply for civil employment and that they will be released on three months' notice on selection from the date of receipt of offer of appointment.

vi. up to a maximum of 10 years in the case of Gen/ EWSs PwBD candidates. For SC/ST PwBD candidates up to a maximum of 15 years and for OBC PwBD candidates up to a maximum of 13 years, subject to reservation of vacancies under the respective post. Relaxation in upper age limit for PwBD will be subject to the posts having been identified suitable for such disabilities.

vii. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.

viii. For candidates having experience as an officer in Scheduled Commercial Banks, Public Sector Insurance Companies and All India Financial Institutions (AIFI) viz., Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), Small Industries Development Bank of India (SIDBI) and National Bank for Financing Infrastructure and Development (NaBFID), as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned. For details, please refer Note IV below.

ix. For eligible Staff Candidates, as per para 5.16 of RBI Master Circular on Recruitment dated April 01, 2024 and RBI circular CO.HRMD.No. G132 / 17000 /05.01.01 /2013-14 dated June 09, 2014, the relaxation in age limit is according to RBI circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013.

x. For recruitment to the post of Grade ‘B’ (DR)-DEPR/DSIM candidates having Master's Degree with Research/Teaching experience at a recognised Indian/Foreign University/Institute will be eligible for relaxation in upper age 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.

Note-I

Candidates belonging to either SC or ST or OBC category, who are also covered under clauses of para 3(II)(b) (iv), (v) and (vi) above, viz. those coming under the category of Ex-servicemen or PwBD, will be eligible for grant of cumulative age-relaxation under both the categories. Other than these two categories, cumulative age relaxation will not be available either under the above items or in combination with any other items.

Note-II

The term Ex-servicemen will apply to the persons who are defined as Ex-servicemen in the Ex-servicemen (Re-employment in Civil Services and Posts) Rules, 1979, as amended from time to time.

Note-Ill

The age concession under Para 3 II (b) (iv) and (v) will not be admissible to Ex-servicemen and Commissioned Officers including ECOs/SSCOs, who are released on own request.

Note-IV

  • Scheduled Commercial Banks - Commercial Banks included in the Second Schedule of the RBI Act, 1934.

  • Public Sector Insurance companies - The companies reckoned by Department of Financial Services (DFS) [(i) Life Insurance Corporation of India, (ii) General Insurance Corporation of India, (iii) The New India Assurance Company Limited, (iv) United India Insurance Company Limited, (v) The Oriental Insurance Company Limited, (vi) National Insurance Company Limited and (vii) Agriculture Insurance Company of India Limited.]

  • All India Financial Institutions - Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), Small Industries Development Bank of India (SIDBI) and National Bank for Financing Infrastructure and Development (NaBFID).

III. Minimum Educational Qualifications

The following minimum educational qualifications are prescribed for the posts:

Posts Minimum Educational Qualifications (as on July 01, 2024):
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 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 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)

c. 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.
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; 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 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-I

For SC, ST and PwBD candidates, the minimum marks required 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-II

(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.

Note-I

The candidate must hold a degree of any of the Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be Deemed as a University under Section-3 of the University Grants Commission Act, 1956, or possess an equivalent qualification from a Foreign University recognized by the Association of Indian Universities.

Note-II

Some Universities/Institutes/Boards do not award Class or percentage of marks and allot Aggregate Grade Points (e.g., CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines criteria for conversion of Aggregate Grade Point into percentage of marks, the same will be accepted. However, where the University/Institute/ Board does not define criteria for conversion of Aggregate Grade Point into percentage of marks, in the degree/passing certificates, the undefined parameter(s) would be worked out as under:

Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10-point scale Aggregate Percentage of Marks
6.75 60%
6.25 55%
5.75 50%

Note-III

Aggregate Grade Point or percentage of marks wherever awarded would mean aggregate over the entire duration of the course.

Note-IV

Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per Note II above.

Note-V

The relaxation in minimum educational qualifications for SC/ST/PwBD candidates mentioned above is subject to reservation of vacancies under the respective post and category and identification of posts for PwBD as notified above.

IV. Number of Attempts

Candidates belonging to General Category/EWSs, who have already appeared Six times for Phase-I Examination for this post/s in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PwBD, if the posts are reserved for them.

V. For Grade ‘B’ (DR) - General, the Bank encourages candidates with no prior experience to apply.

4. SCHEME 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 [Grade ‘B’ (DR) –General] / Appendix-III [Grade ‘B’ (DR)-DEPR and Grade ‘B’ (DR)-DSIM] which are available on the Bank's website www.rbi.org.in. The Centres where the examinations will be held are given below:

(i) Online Examination Centres for Phase-I - Grade ‘B’ (DR) – General

State /UT Centre State /UT Centre
Andaman & Nicobar Port Blair Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana, Patiala
Andhra Pradesh Guntur/ Vijayawada, Kakinada, Tirupati, Kurnool, Nellore, Rajahmundry, Vizianagaram, Vishakhapatnam Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain
Arunachal Pradesh Naharlagun Maharashtra Amravati, Chhatrapati Sambhajinagar (Aurangabad), Jalgoan, Kolhapur, Mumbai-Navi Mumbai / Thane/ MMR, Nagpur, Nasik, Pune , Satara, Sangli
Assam Dibrugarh, Guwahati, Jorhat, Silchar, Tezpur Manipur Imphal
Bihar Arrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna, Gaya Meghalaya Shillong
Chandigarh SAS Nagar (Mohali) Mizoram Aizawl
Chhattisgarh Raipur, Bhilai, Bilaspur (CG) Nagaland Kohima, Dimapur
Daman & Diu Rajkot New Delhi Delhi / NCR, Ghaziabad, Noida & Greater Noida, Faridabad, Meerut, Gurugram
Goa Panaji Odisha Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Rourkela, Sambalpur
Gujarat Ahmedabad/Gandhinagar, Anand, Mehsana, Rajkot, Surat, Vadodara Rajasthan Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur, Bharatpur
Haryana Ambala, Hissar, Kurukshetra Sikkim Gangtok
Himachal Pradesh Hamirpur, Solan, Shimla, Bilaspur Tamil Nadu Chennai, Coimbatore, Erode, Madurai, Virudhunagar, Salem, Namakkal, Thiruchirapalli, Tirunelvelli, Thanjavur, Vellore
Jammu & Kashmir Jammu, Srinagar Telangana Hyderabad/Secundarabad, Karimnagar, Warangal , Mehbubnagar
Ladakh Leh Tripura Agartala
Jharkhand Bokaro, Dhanbad, Hazaribagh, Jamshedpur, Ranchi Uttar Pradesh Agra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Moradabad, Muzaffarnagar, Varanasi
Karnataka Bengaluru, Gulbarga, Hubballi/Dharwad, Mangaluru, Mysuru, Shivamogga, Udupi Uttarakhand Dehradun, Haldwani, Roorkee
Kerala Kannur, Ernakulam, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrissur, Palakkad, Thiruvananthapuram, Kollam West Bengal Asansol, Kolkata, Greater Kolkata, Kalyani, Siliguri
Puducherry Puducherry    

(ii) Centres for Phase-II - Grade ‘B’ (DR) – General

Name of the Centres
Ahmedabad – Gandhinagar Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai - Navi Mumbai / Thane/ MMR
Chandigarh / SAS Nagar (Mohali) Nagpur
Chennai New Delhi- NCR
Guwahati Patna
Hyderabad / Secundarabad Pune
Jaipur Thiruvananthapuram
Raipur  

(iii) Centres for Phase-I and Phase-II - Grade ‘B’ (DR) – DEPR/DSIM

Name of the Centres
Ahmedabad – Gandhinagar Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai - Navi Mumbai / Thane/ MMR
Chandigarh / SAS Nagar (Mohali) Nagpur
Chennai New Delhi- NCR
Guwahati Patna
Hyderabad / Secundarabad Pune
Jaipur Thiruvananthapuram
Raipur  

(iv) The Centres and the date of holding the examination as mentioned above are liable to be changed at the discretion of the Board. Allotment of Centres will be on the "first-apply-first allot" basis, and once the capacity of a particular Centre is attained, the same will be frozen. Applicants, who cannot get a Centre of their choice, will be required to choose a Centre from the remaining ones. Applicants are, thus, advised that they may apply early so that they could get a Centre of their choice.

NB: Notwithstanding the aforesaid provision, the Board reserves the right to change the Centres at their discretion if the situation demands. All the Examination Centres will cater to examination for Blind / Low Vision Candidates in their respective Centres. Candidates admitted to the examination will be informed of the timetable and place or places of examination. The candidates should note that no request for change of Centre will be entertained.

(v) Candidates can select only one Centre for Phase-I and one Centre for Phase-II separately and must indicate the choice of Centres in the online application. Choice of Centre by candidates for Phase-I and Phase-II Examinations can be different and must be indicated in the online application.

(vi) Candidates will appear for the examination at an Examination Centre at their own risks and expenses. The Board does not make any arrangements for boarding/lodging of candidates. Board will not be responsible for any injury or losses etc. of any nature during the course of Examination.

(vii) Interviews: Interviews will be conducted at some of the Centres indicated at para 4 (ii) above, details of which will be communicated in the Interview Call Letter.

5. PRE-EXAMINATION TRAINING FOR SC/ST/OBC /PwBD CANDIDATES (Officers in Grade ‘B’ (DR)-General Only)

The Bank will arrange free of cost, pre-examination training for Phase-I and Phase-II (Only for those who have successfully cleared Phase-I) examinations in online mode. Detailed instructions for candidates who may wish to avail of this facility are given in Appendix - IV which is also available on the Bank's website www.rbi.org.in. Please note that undergoing the training will not confer any right to the candidate to be called for the Examination or for recruitment in the Bank's service.

6. APPLICATION FEE AND INTIMATION CHARGES

Sr. No. Category Charges Amount*
1. SC/ST/PwBD Intimation Charges only ₹100/- + 18%GST
2. GEN/OBC/EWSs Application fee including Intimation Charges ₹850/- + 18%GST
3. STAFF@ Nil Nil
*Bank/Transaction charges are to be borne by the candidate.
@ Fee/Intimation charges waiver is only for those employees of RBI (Staff Candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide its circular RBI circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013 read with RBI circular CO.HRMD.No. G132 / 17000 /05.01.01 /2013-14 dated June 09, 2014 and para 5.16 of RBI Master Circular on Recruitment dated April 01, 2024. Their status as Staff Candidate will be verified at the time of Interview. In case they are not eligible to be treated as staff candidates (in terms of above referred HRMD circulars and Master Circular), they are advised to indicate themselves as non-staff candidates and pay Fees/ Intimation Charges as applicable to non-staff candidates.

Note-I

Applications without the prescribed Fee/ Intimation Charges shall be summarily rejected.

Note-II

Application Fee/Intimation Charges once paid shall not be refunded under any circumstances nor can the fee be held in reserve for any other examination or selection.

Note-Ill

Application Fee/ Intimation Charges are required to be paid only in the manner prescribed in this advertisement.

7. HOW TO APPLY

  1. 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 the 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. The applicants who are submitting multiple applications should note that only the last completed applications with higher RID shall be entertained by the Board and Application Fee/Intimation Charges paid against one RID shall not be adjusted against any other RID.

  2. All candidates, whether already in Government Service, Government owned industrial undertakings or other similar organisations, whether in a permanent or temporary capacity or as work charged employees other than casual or daily rated employees or those serving under the Public Enterprises are required to submit an undertaking in the Online application that they have informed in writing to their Head of Office/Department that they have applied for the Examination. Candidates should note that in case a communication is received from their employer by the Board withholding permission to the candidates applying for/appearing at the examination, their application will be liable to be rejected/candidature will be liable to be cancelled. At the time of joining, the recommended candidates will have to bring proper discharge certificates from their PSU/Government/Quasi-Government employer.

NOTE-1

Suitable provisions for information regarding use of scribes by the visually impaired candidates and candidates with Locomotor Disability including Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims, Muscular Dystrophy and Spinal Deformity and Spinal Injury with / without any associated neurological / limb dysfunction and candidates with multiple disabilities etc. (as provided under Note II for PwBD candidates under Para 1) where dominant writing speed is affected to the extent of slowing the performance of function have been made in the online application at the time of the initial online application itself.

NOTE-2

Suitable provision for information regarding availing of compensatory time by the visually impaired candidates and candidates with Locomotor Disability including Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims, Muscular Dystrophy and Spinal Deformity and Spinal Injury with / without any associated neurological / limb dysfunction and candidates with multiple disabilities etc. (as provided under Note II for PwBD candidates under Para 1) where dominant writing speed is affected to the extent of slowing the performance of function whether availing the facility of scribe or not have also been made available at the time of the initial online application itself.

NOTE-3

Candidates are not required to submit along with their applications any certificate in support of their claims regarding Age, Educational Qualifications, Scheduled Castes/ Scheduled Tribes/Other Backward Classes and Physically disabled, EWSs etc. which will be verified at the time of the Interview only. Candidates belonging to the OBC category should have OBC Non-Creamy Layer certificate issued on or after April 01, 2024 but not later than the closing date of applications for the posts. For EWSs candidates, the Income and Asset certificate should be issued by a Competent Authority in the format as prescribed in DoPT Office Memorandum No.36039/1/2019-Estt(Res) dated January 31, 2019. The candidate may please note that they should be in possession of “Income and Assets Certificate” for the Financial Year 2023-24 and valid for the Year 2024-25 in the prescribed format (Appendix-VI) in support of his/her claim for availing reservation on / before the closing date of applications for the posts.

In case they are not in possession of the said certificate on / before the closing date of online application for the posts, such EWS candidates should apply under “General (GEN)” category.

The prescribed format of certificates to be produced by a candidate belonging to a Scheduled Caste or Scheduled Tribe in support of his/her claim is given in Appendix-VII.

The candidates applying for the posts should ensure that they fulfil all the eligibility conditions for admission to the Examination on / before the closure of ONLINE application date. Their admission at all the stages of examination for which they are admitted by the Board viz. Phase -I, Phase - II or Interview will be purely provisional, subject to their satisfying the prescribed eligibility conditions. If on verification at any time before or after the Examinations and Interview, it is found that they do not fulfil any of the eligibility conditions, their candidature for the examination will be cancelled by the Board. If any of their claims is found to be incorrect, they may render themselves liable to disciplinary action by the Board. A candidate who is or has been declared by the Board to be guilty of:

(i) Obtaining support for his/her candidature by the following means, namely: -

  1. offering illegal gratification to, or

  2. applying pressure on, or

  3. blackmailing, or threatening to blackmail any person connected with the conduct of the examination, or

(ii) impersonating, or

(iii) procuring impersonation by any person, or

(iv) submitting fabricated documents or documents which have been tampered with, or

(v) making statements which are incorrect or false or suppressing material information, or

(vi) resorting to the following means in connection with his/her candidature for the examination, namely

  1. obtaining copy of question paper through improper means,

  2. finding out the particulars of the persons connected with secret work relating to the examination.

  3. influencing the examiners, or

(vii) using unfair means during the examination, or

(viii) writing obscene matter or drawing obscene sketches in the scripts, or

(ix) misbehaving in the examination hall including tearing of the scripts, provoking fellow examinees to boycott examination, creating a disorderly scene and the like, or

(x) using a scribe / availing compensatory time in examination despite being ineligible, or

(xi) harassing or doing bodily harm to the staff employed by the Board for the conduct of their examinations, or

(xii) being in possession of or using mobile phone, pager or any electronic equipment or device or any other equipment capable of being used as a communication device during the examination, or

(xiii) violating any of the instructions issued to candidates along with their Admit Card permitting them to take the examination, or

(xiv) attempting to commit or as the case may be abetting the Commission of all or any of the acts specified in the foregoing clauses; may in addition to rendering himself/herself liable to criminal prosecution, be liable.

  1. to be disqualified by the Board from the examination for which he/she is a candidate and/or

  2. to be debarred either permanently or for a specified period (i) by the Board from any examination or selection held by them; (ii) by the Bank from any employment under them; (iii) dismissal from service by the Bank if he / she is already in Bank's employment; and (iv) if he/she is already in some other service, the Board writing to his/her employer for taking disciplinary action.

Provided that no penalty shall be imposed except after (i) giving the candidate an opportunity of making such representation, in writing as he/she may wish to make in that behalf; and (ii) taking the representation, if any, submitted by the candidate within the period allowed to him/her into consideration.

8. LAST DATE OF RECEIPT OF APPLICATIONS

The Online Applications can be filled up to August 16, 2024 till 06:00 PM.

9. GENERAL INSTRUCTIONS

(a) Correspondence with the Board

The Board will not entertain any correspondence with the candidates about their candidature except in the following cases:

The eligible candidates shall be issued an Admit Card two weeks before the commencement of the examination. The Admit Card will be made available on the Bank's website www.rbi.org.in for downloading by candidates. No Admit Card will be sent by post. If a candidate does not receive his/her e-Admit Card or any other communication regarding his/her candidature for the examination two weeks before the commencement of the examination, he/she should at once contact the help facility as mentioned above.

(b) No candidate will ordinarily be allowed to take the examination unless he/she holds an Admit Card for the examination. On downloading of e-Admit Card, check it carefully and bring discrepancies/errors, if any, to the notice of Board immediately.

(c) Proof of Identity to be Submitted at the Time of Examinations

At the time of appearing for Phase - I or Phase - II of the examination, candidates are required to produce a currently valid photo identity card in original and a photocopy of the same, in addition to the Admit Card. Acceptable photo identity cards are PAN Card/ Passport/ Driving Licence/ Voter’s Card/ Bank Passbook with photograph/ Photo identity proof issued by a Gazetted Officer on official letterhead/ Photo identity proof issued by a People's Representative on official letterhead/ valid recent Identity Card issued by a recognised college / university/ e-Aadhar card / Aadhar card with a photograph/ Employee ID/ Bar Council Identity card with photograph. The candidate's identity will be verified with respect to his/her details on the Admit Card, in the Attendance List and requisite documents submitted. Please note that if identity of the candidate is in doubt, the candidate may not be allowed to appear for the Examination.

Note

Candidates have to produce in original the photo identity proof and submit a photocopy of the same photo identity proof along with Admit Card while attending each shift of the examination without which they will not be allowed to take up the examination. For Phase-II examination, candidates will have to carry two/three photocopies of photo ID proof, as there will be two/three shifts. However, in Phase-I only one photocopy of photo ID will be sufficient. Candidates must note that the name (provided during the process of registration) as appearing on the Admit Cards should exactly match the name as appearing on the photo identity proof, certificates, mark-sheets. Female candidates who have changed first/last/middle name post marriage must take special note of this. In case of candidates who have changed their name, will be allowed only if they produce original Gazette Notification/their original marriage certificate/affidavit in original, together with a photocopy. If there is any mismatch between the name indicated in the Admit Card and Photo Identity Proof, the candidate will not be allowed to appear for the examination.

(d) The Board would be analysing the responses of all appeared candidates to detect abnormal similarity of responses. On the basis of such an analysis, if it is found that the responses have been shared and scores obtained are not genuine/ valid, the Board reserves the right to cancel his/her candidature.

(e) Board does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of or for any other reason beyond the control of the Board.

(f) The candidates should note that their admission to the examination will be purely provisional based on the information given by them in the Application Form. This will be subject to verification of all the eligibility conditions by the Board/Bank. The mere fact that an Admit Card has been issued to a candidate, will not imply that his/her candidature has been finally cleared by the Board or that entries made by the candidate in his/her application for the Phase-I examination have been accepted by the Board as true and correct. Unless candidature is formally confirmed by the Board, it continues to be provisional. The decision of the Board as to the eligibility or otherwise of a candidate for admission to the Examination shall be final.

(g) Candidates should note that the name in the Admit Card in some cases, may be abbreviated due to technical reasons.

(h) The possibility for occurrence of some problems in the administration of the examinations cannot be ruled out completely, which may impact test delivery and/or result from being generated. In that event, every effort will be made to rectify such problem, which may include movement of candidates, delay in test. Conduct of a re-exam is at the absolute discretion of the Board/test conducting body. Candidates will not have any claim for a re-test. Candidates not willing to move or not willing to participate in the delayed process of test delivery shall be summarily rejected from the process.

(i) Candidates are advised to keep their E-mail ID/Mobile Number active for receiving advices viz. Admit Card/Interview Call Letters, etc. Candidates may check e-mails/SMS regularly. The Board does not send any communication through any other mode.

(j) The posts are also open to the employees of RBI (Staff Candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide their RBI Circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013 read with RBI Circular CO.HRMD.No. G132 / 17000 /05.01.01 /2013-14 dated June 09, 2014 and para 5.16 of RBI Master Circular on Recruitment dated April 01, 2024 and who apply online within the closing date. Their status as Staff Candidate will be verified at the time of Interview.

(k) The Board does not furnish marksheet to candidates. Marks obtained in Phase-I (Online exam) will be made available on the website (www.rbi.org.in) in an interactive mode, after shortlisting of candidates for Phase-II. However, the marks obtained in Phase-II Examination and Interview will be made available on the Bank's website in an interactive mode only after declaration of the final result.

(l) Any canvassing by or on behalf of the candidates or to bring political or other outside influence with regard to their selection/recruitment shall be considered as disqualification.

(m) In all matters regarding eligibility, conduct of examinations, Interviews, assessment, prescribing minimum qualifying standards in both the Examination and Interview, in relation to number of vacancies and communication of result, the Board's decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard.

(n) The eligibility for availing reservation against the vacancies reserved for the PwBD shall be the same as prescribed in “Rights of Persons with Disabilities (RPwD) Act, 2016" provided further that the PwBD shall also be required to meet special eligibility criteria in terms of functional requirements (abilities/disabilities) as prescribed.

(o) A candidate will be eligible to get the benefit of community reservation only in case the particular caste to which the candidates belong is included in the list of reserved communities issued by the Central Government. If a candidate indicates in his/her application form that he/she belongs to General category but subsequently writes to the Board to change his/her category to a reserved one or from reserved to unreserved, such request shall not be entertained by the Board. Similar principle will be followed for EWSs/PwBD categories also. In case of a candidate unfortunately becoming physically disabled during the course of the examination process, the candidate should produce valid document showing him/her acquiring a disability to the extent of 40% or more as defined under RPwD Act, 2016 to enable him/her to get the benefits of PwBD reservation.

(p) Candidates seeking reservation/ relaxation benefits available for SC/ST/OBC/PwBD/EWSs/Ex-servicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed. They should also be in possession of all the requisite certificates in the prescribed format in support of their claim as stipulated for such benefits. These certificates should be dated on or before the closing date of applications for the posts.

(q) Please note that corrigendum, if any, issued on the above advertisement, will be published only on the Bank's website www.rbi.org.in.

(r) Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at Mumbai only.

NOTE: Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank’s website (www.rbi.org.in).

(Hindi version of this advertisement is available on Hindi website of the Bank.)

Caution

Caution

It has come to the notice of Reserve Bank of India that some fraudsters falsely promising to offer job for the posts in the bank are sending Appointment letters through emails by using fake domains which do not belong to the Reserve Bank of India, but these could be deceptively similar involving use of words such as RBI, RESERVEBANK, etc.

It is hereby clarified that recruitments for various posts filled by the bank are advertised on our official website. Also, all details regarding recruitment e.g. Call letters, interview schedule, final result, etc., are published only on our official website https://opportunities.rbi.org.in. In view of this, the Reserve Bank of India cautions members of public to be aware of such fake Appointment letters issued by fraudsters promising job in the Bank. Any Advertisements/ Communication from other sources should be cross verified for authenticity from the website.

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