RBI Grade B Officer Recruitment News 2024: The notification for RBI Grade B is anticipated to be officially released by the Reserve Bank of India in May or June 2024. The Reserve Bank of India Services Board (RBI) in Mumbai invites online applications for the recruitment of Officers in Grade ‘B’ to fill more than 250 vacancies in the Financial year 2024-25. The RBI Officer Grade B Online Application Registration should be made through the RBI official website rbi.org.in from June 2024. The RBI Grade B Official registration is expected 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 21 years and Maximum 30 years.
✔️ Age Relaxation – 05 years for SC / ST, 03 years for OBC and Maximum 05 years for Ex-Serviceman & Ex-employees.
✅ RBI Grade B Officer Salary:
✔️ Selected Candidates will draw a starting basic pay of ₹ 55,200/- p.m. in the scale of ₹ 55200- 2850(9)- 80850-EB- 2850 (2) – 86550- 3300(4)- 99750 (16 years) applicable to Officers in Grade B.
✅ RBI Grade B Officer Eligibility Criteria:
✔️ Officers (General): A minimum of 60% marks (50% in case of SC/ ST/ PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters / years.
✔️ Officers (DEPR): 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 recognized Indian or Foreign University /Institute; (OR) PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; (OR) 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 recognized Indian or Foreign University /Institute.
✔️ Officers (DSIM): 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) 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) M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; (OR) 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.
✅ RBI Grade B Officer Selection Process:
The Reserve Bank of India Grade Officer Selection will done through Online / Written Examinations in Phase – I and Phase – II and Interview.
| Online Examination (Phase I and Phase II) |
| Personal Interview |
RBI Grade B Officer Phase I Online Exam Details:
The Phase I online examination comprise a single Paper (Objective Type) for 200 marks and a total time of 120 minutes will be given for answering. The Candidates have to secure minimum marks separately for each test as well as in aggregate, as may be prescribed by the Board. The Phase I Paper will consist tests of
✔️ General Awareness
✔️ English Language
✔️ Quantitative Aptitude and;
✔️ Reasoning
RBI Grade B Officer Phase II Online Exam Details:
The RBI Grade B Phase–II online examination will consist of three papers as under:-
✔️ 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 RBI Grade B Officer Recruitment 2024:
➢ Upon the release of the RBI Grade B Official Notification, eligible candidates must complete the online application process through the RBI Online Registration portal starting from the opening date of Registration.
Applicants required to provide basic details and upload relevant documents (Photograph, Signature, Left Thumb Impression, and a handwritten declaration).
➢ The closing date for online application registration will announced later.
All details regarding the selection process for the posts outlined in the respective recruitment notification.
➢ Upon selection, candidates will receive an Offer of Appointment from the RBI Bank.
Upon acceptance of the terms in the Offer of Appointment, candidates must fulfill specific formalities, including a medical examination, Police Verification Report, Referee Report, and Employer’s Report.
➢ Once these formalities completed, candidates will receive the Appointment Letter and must report to the Bank accordingly.
✅ 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 printing your application: June 2024
➢ Last date 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.
FAQs:
✅ How to Apply RBI Grade B Officer 2024?
Eligible candidates should apply online through RBI IBPS Online Portal. The opening and last date for submission of online applications will announced later.
✅ What is the qualification for RBI Grade B Officer?
✔️ RBI Officers in Grade ‘B’ (DR) – (General): Bachelor’s Degree 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.
✔️ RBI Officers in Grade ‘B’ (DR) – DEPR: 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) 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) (OR) PGDM / MBA with specialization in Economics / Finance.
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✔️ RBI Officers in Grade ‘B’ (DR) – DSIM: 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) 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) M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; (OR) 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.
✅ What is the selection process for RBI Grade B Officer?
RBI Officer Grade B Selection will done through Online examinations in Phase – I and Phase – II and interview.