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RBI Grade B Notification 2023 Out for 291 Post, Download PDF

RBI Grade B Notification 2023 Out: Reserve Bank of India (RBI) has released a short RBI Grade B Notification 2023 for various posts including Officers in Grade ‘B’ (DR) – (General), Officers in Grade ‘B’ (DR) – DEPR, and Officers in Grade ‘B’ (DR) – DSIM. The detailed RBI Grade B Notification 2023 has been released on the official website. As the Reserve Bank of India offers an excellent pay scale and a reputed job profile, it lures thousands of candidates every year to take this examination. RBI Grade B 2023 exam has a three-phase selection process- Phase 1, Phase 2 and Interview.

RBI Grade B Notification 2023 Out

Reserve Bank of India (RBI) has issued the official notification regarding 291 Grade B Officer vacancies. The online registration dates and exam dates along with post-wise vacancies have been depicted through RBI Grade B Notification 2023. The selection for RBI Grade B Officers is done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview. Aspiring candidates who are interested in a career in the banking sector can now begin their preparation in earnest. The RBI Grade B examination is highly prestigious and offers candidates an opportunity to work with the central bank of India. RBI conducts RBI Grade B Officer Exam for the selection of eligible graduates for the position of Grade B officer in its various branches all across the country.

RBI Grade B 2023 Notification PDF

Reserve Bank of India (RBI) has uploaded the detailed RBI Grade B notification 2023 PDF for the post of Grade B Officer Exam at the official website of https://www.rbi.org.in. It is necessary for the candidates to go through all the details before applying for the RBI Grade B 2023 Recruitment. Candidates can check the same in this article and the RBI notification, registration start dates, vacancy, eligibility, educational qualification, age criteria, fee, etc. We have shared below the link to download RBI Grade B Notification PDF as officials have released the link.

RBI Grade B 2023- Important Dates

Reserve Bank of India has released the RBI Grade B 2023 Online Registration dates, Exam Date and other important dates along with the official RBI Grade B Notification 2023. We are sharing all the Important Dates of RBI Grade B 2023 in the below table to get a quick glance.

RBI Grade-B 2023: Important Dates
Events Dates
RBI Grade B Phase-I Exam Date 2023 09th & 16th July 2023
RBI Grade B Result 2023 18th July 2023
RBI Grade B Scorecard 2023 (General)- Phase 1 4th week of July 2023
RBI Grade B Phase-II Exam Date 2023 30th July, 2nd September, 19th August 2023

RBI Grade B Notification 2023 Out for 291 Post, Download PDF_30.1

RBI Grade B Vacancy 2023

Reserve Bank of India (RBI) has announced 291 vacancies for the RBI Grade B 2023 exam along with its official RBI Grade B Notification 2023. Let’s have a look at the post-wise vacancy distribution for RBI Grade B 2023 Exam.

RBI Grade B Vacancy 2023
Posts UR SC ST OBC EWS Vacancies
Officers in Grade ‘B’ (DR)–(General) 109 25 17 49 22 222
Officers in Grade ‘B’ (DR)–DEPR 14 04 06 (04) 11 03 38
Officers in Grade ‘B’ (DR)–DSIM 09 08 (05) 05 (05) 06 03 31
Total  291

RBI Grade B 2023 Online Application

The online application process for RBI Grade B 2023 exam has been started on the official website and apply online process is going to end soon on 16th June 2023 as mentioned in the RBI Grade B Notification 2023. The candidates have to submit online application forms to get registered themself for RBI Grade B Exam 2023. All candidates who are interested to apply for RBI Grade B 2023 exam can fill out the online application by clicking on the link given below as the RBI Grade B application process starts.

RBI Grade B 2023 Application Fees

A total of Rs. 850/- is the application fee to be paid by candidates belonging to the General and OBC categories for RBI Grade B 2023 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.

RBI Grade B 2023 Application Fees
Category Application Fee
General/OBC Rs. 850/-
SC/ST/PWD Rs. 100/-
Staff@RBI Nil

RBI Grade B 2023 Eligibility Criteria

Candidates are required to follow the given criteria to be eligible for RBI Grade B 2023 Exam. We have shared below the laid down eligibility criteria for the recruitment drive.

RBI Grade B Education Qualification( As on 01/05/2023)

The candidates must possess the Minimum Educational Qualification required under RBI Grade B 2023 Recruitment. Go through the below table for the details.

RBI Grade B Education Qualification
Posts Minimum Educational Qualifications 
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.

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

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.

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.

RBI Grade B Age Limit(As on 01/05/2023)

RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam 2023. For candidates possessing M.Phil. and Ph.D. qualifications, the upper age limit will be 32 and 34 years respectively.

RBI Grade B 2023 Selection Process

RBI Grade B 2023 Exam is conducted in three phases, while the Prelims examination is Objective in nature while the Mains examination would comprise of the objective as well as descriptive test

  1. Phase-I exam
  2. Phase-II exam and
  3. Interview process

RBI Grade B 2023 Exam Pattern

Candidates are required to clear all three phases in order to get a confirmed post as a Grade B Officer in the Reserve Bank of India.

RBI Grade B Prelims Exam Pattern

The prelims exam of RBI Grade-B Officer 2023 comprises a single Paper for 200 marks. A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.

RBI Grade B Prelims Exam Pattern 2023
SNo Section Asked No. of Questions Maximum Marks Duration
1. General Awareness 200 200 Composite time of 2 hours
2. Quantitative Aptitude
3. English Language
4. Reasoning

Note:

  1. A total time of 120 minutes will be given for the prelims exam. However, separate time will be allotted for each test. O detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letter for RBI Grade B 2023 prelims exam.
  2. Candidates have to secure minimum marks separately for each test as well as in aggregate.

RBI Grade B Mains Exam Pattern

RBI Grade B Mains Exam Pattern 2023
S No Sections / Subjects Paper Type Maximum Marks Duration (minutes)
1. Paper I: Economics and Social Issues 50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard) 50
50Total-100
30
90Total-120
2. Paper II: English (Writing Skills) Descriptive (3 questions) 100 90 minutes
3. Paper III: Finance and Management 50% Objective Type and 50% Descriptive 50
50Total-100
30
90Total-120

RBI Grade B Salary 2023

The Pay Scale for the RBI Grade B Officer is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). Candidates will have a Basic Pay of Rs. 55,200/- in which he/she will get an increment of Rs. 2850/- till nine years of their service. Apart from the Basic Pay, multiple allowances such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, etc. are also provided to candidates post they are joining the post of Officer in RBI.

Important Links
RBI Grade B Syllabus 2023 (Prelims + Mains) RBI Grade B Salary, Allowances & Promotions
RBI Grade B Cut Off Previous Year RBI Grade B Exam Date 2023

RBI Grade B Notification 2023- FAQs

Q1. How many vacancies are released through RBI Grade B Notification 2023?

Ans. RBI Grade B Notification 2023 has been released for 291 Grade B Officer vacancies.

Q2. Is RBI Grade B Notification 2023 released?

Ans. Yes, RBI Grade B Notification 2023 has been released on 09th May 2023.

Q3. Does RBI Grade B exam have negative marking?

Ans. There will be negative marks for wrong answers. About 0.25 marks will be deducted as negative marking system for each wrong answer in both the RBI Grade B Preliminary and Main examination.

Q4. What is the Application Fee for RBI Grade B 2023 Exam?

Ans. Rs. 850/- is the application fee for General and OBC category. Rs. 100/- for candidates belonging to SC/ST/PWD category.

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