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RBI Grade ‘B’ Officers Recruitment 2021 : Reserve Bank of India

Organisation : Reserve Bank of India (RBI)
Recruitment Name : Grade ‘B’ Officers Recruitment 2021
Qualification : Any Master Dgree
Number of Vacancies : 322
Posting Place : All Over India
Last Date : 15.02.2021
Website : https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=3944

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RBI Grade ‘B’ Officers Recruitment

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.

Related / Similar Recruitment : BARC RMRC Scientific Assistant Recruitment 2021

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.

Post Details

Posts Number of Vacancies
Unreserved i.e., General (GEN/UR) Scheduled Castes (SC) Scheduled Tribes (ST) Other Backward Classes (OBC) $ EWSs@ TOTAL
1. Officers in Grade ‘B’(DR)- General 108 49 27 59 27 270^
2. Officers in Grade ‘B’(DR)- DEPR 13 5 3 6 2 29^^
3. Officers in Grade ‘B’(DR)- DSIM 9 5 5# 3 1 23^^^

Educational Qualifications

The following minimum educational qualifications are prescribed for the posts:

Posts Minimum Educational Qualifications (as on 1st of January 2021):
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 Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Note:
• Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination.
• Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.
OR
• Any such full-time 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 post graduation will be eligible for admission to the examination.
2. Officers in Grade ‘B’ (DR) – DEPR Essential:
a. 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 recognised Indian or Foreign University /Institute; OR
b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR
c. 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 recognised Indian or Foreign University /Institute.
Note: SC, ST and PwBD candidates having second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters / years in Master’s Degree examination or equivalent recognized qualifications are eligible to apply.
Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.
Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.
d. (i) Candidates having Master’s Degree 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.
(ii) 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 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
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. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; OR
d. 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.
Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c) and (d) 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 Limits (As on 1st of January 2021):
A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the 1st of January 2021 i.e., he/she must have been born not earlier than 2nd January 1991 and not later than 1st January 2000. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.

How To Apply?

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. Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts.

Online Application Form : https://ibpsonline.ibps.in/rbiscsgjan21/

Application Fee

Sr. No. Category Charges Amount*
1. SC/ST/PwBD Intimation Charges only ₹ 100/-
2. GEN/OBC/EWSs Application fee including intimation charges ₹ 850/-
3. STAFF@ Nil Nil
*Bank/Transaction charges are to be borne by the candidate.

Scheme of Selection

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

Important Dates

Events Important Dates**
Website Link Open For Online Registration of Applications and Payment of Fees/Intimation Charges January 28, 2021 to February 15, 2021
1. Officers in Gr B (DR)- General Phase-I – Online Examination March 6, 2021$
Phase-II – Paper I, II & III Online Examination April 1, 2021
2. Officers in Gr B (DR) – DEPR* Phase I – Paper – I – Online Examination March 6, 2021
Phase II – Paper – II & III Online/Written Examination March 31, 2021£
(To be confirmed in Admit cards)
3. Officers in Gr B (DR)- DSIM@ Phase I – Paper – I – Online Examination March 6, 2021
Phase II – Paper – II & III Online/Written Examination March 31, 2021£
(To be confirmed in Admit cards)

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