RBI Grade B Notification 2023: Every year Reserve Bank of India (RBI) conducts RBI Grade B Officer Exam to select eligible candidates for the position of Grade B officer in its various branches all across the country. As the Reserve Bank of India offers an excellent pay scale and reputed job profile, it lures thousands of candidates every year to take this examination. With a handful of vacancies to be filled through the RBI Grade B Exam, it is really important to prepare effectively for this exam. Selection for RBI Grade B Officers will be done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview.

RBI Grade B Recruitment 2023

RBI Grade B is a national-level government exam which is conducted by the Reserve Bank of India (RBI) for the aspirants who have been looking forward to being a part of the Banking sector. RBI offers a lucrative salary and respectful job profile to Grade B Officer post is one of the main reasons for the increasing competition. RBI Grade B Notification 2023 will be released for various posts including-

  1. Officers in Grade 'B' (DR) - (General)
  2. Officers in Grade 'B' (DR) - DEPR
  3. Officers in Grade 'B' (DR) - DSIM

RBI Grade B Notification 2023

Reserve Bank of India (RBI) will release RBI Grade B notification 2023 PDF for the post of Grade B Officer Exam to recruit eligible candidates at the official website of https://www.rbi.org.in. It is an excellent opportunity for graduates who are looking for an opportunity in the Reserve Bank of India (RBI). RBI Grade B 2023 exam has a three-phase selection process. Candidates who get selected after Phase-I & Phase-II of the exam are called for the final interview process. Download RBI Grade B last year's Notification PDF given below.

RBI Grade B Notification [Last Year]- Download PDF

RBI Grade B 2023- Exam Summary

To know in exam summary about RBI Grade B Exam 2023, the candidates can refer to the below exam summary table containing the important information about RBI Grade B Recruitment 2023. 

RBI Grade B 2023- Important Details
OrganisationReserve Bank of India
Exam NameRBI Grade B 2023
PostsGrade B Officers
VacanciesTo be notified
CategoryGovt Jobs
Online Registration To be notified
Recruitment BasisDirect Recruitment
Selection ProcessPhase I, Phase II & Interview
RBI Grade B SalaryRs. 55,200/- Basic Pay [Revised]
Job LocationAcross India
Official websitehttps://www.rbi.org.in/

RBI Grade B 2023- Important Dates

Reserve Bank of India will release the RBI Grade B 2023 Online Registration dates, Exam Date and other important dates along with the official RBI Grade B Notification 2023. All the important dates for RBI Grade B 2023 will be updated here once it has been released by RBI. 

RBI Grade-B 2023: Important Dates
EventsDates
Release of RBI Grade B Notification--
Online Application Form Starts--
Online Application Last Date--
Online Payment of Application Fees Last Date--
RBI Grade B Phase-I Call Letter--
RBI Grade B Phase-I Exam Date--
RBI Grade B Phase-II Call Letter--
RBI Grade B Phase-II Exam Date--

RBI Grade B 2023 Exam Date

RBI Grade B exam date 2023 for all posts will be released along with its RBI Grade B Notification. The tentative exam dates for both prelims and mains and interview rounds for RBI Grade B 2023 Officer Exam will be updated below.

RBI Grade-B Exam Dates 2023
RBI Grade-B EventsDate
Officers in Gr B (DR)- GeneralPhase-I – Online Examination--
Phase-II – Paper I, II & III Online Examination--
Officers in Gr B (DR) – DEPRPhase I - Paper - I - Online Examination--
Phase II - Paper - II & III Online/Written Examination--
Officers in Gr B (DR)- DSIMPhase I - Paper - I - Online Examination--
Phase II - Paper - II & III Online/Written Examination--
Interview ProcessTo be notified 
Declaration of Final resultTo be notified 

RBI Grade B 2023 Vacancy 

Reserve Bank of India (RBI) will announce the total number of vacancies for the RBI Grade B 2023 exam along with its Official Notification 2023. Last year, RBI introduced 294 vacancies this year. Let's have a look at the vacancy distribution for RBI Grade B 2022 Exam.

PostsNumber of Vacancies
GEN/URSCSTOBCEWSsTOTAL
Officers in Grade ‘B’(DR)- General10932 15 5923 238
Officers in Grade ‘B’(DR)- DEPR1104 31
Officers in Grade ‘B’(DR)- DSIM725
Total127432571 28294

RBI Grade B 2023 Online Application

The online application process for RBI Grade B 2023 exam will start along with the release of 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 the online application by clicking on the link given below when the RBI Grade B application process starts. 

Apply Online for RBI Grade B 2023- Check Details

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 category for RBI Grade B 2023 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.

CategoryApplication Fee
General/OBCRs. 850/-
SC/ST/PWDRs. 100/-
Staff@RBINil

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.

SNoSection AskedNo. of QuestionsMaximum MarksDuration
1.General Awareness200200Composite 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 prelism 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

S NoSections / SubjectsPaper TypeMaximum MarksDuration (minutes)
1.Paper I: Economics and Social Issues50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard)

50
50

Total-100

30
90

Total-120

2.Paper II: English (Writing Skills)Descriptive (3 questions)10090 minutes
3.Paper III: Finance and Management50% Objective Type and 50% Descriptive

50
50

Total-100

30
90

Total-120

RBI Grade B Officer Interview Process

Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II and Paper-III of Phase II exam. Interview Process will carry 50 marks.

RBI Grade B 2023 Exam Syllabus

The RBI Grade B Syllabus for the prelims exam is similar to the other Bank Exams. The major sections from which the questions are asked are:

  1. Reasoning
  2. Quantitative Aptitude
  3. General Awareness and
  4. English Language
EnglishQuantitative AptitudeReasoningGeneral Awareness
GrammarMensurationPuzzlesBanking & Financial Awareness
VocabularyTime and WorkSeating ArrangementMonetary Policies
Error SpottingAverage, Ratio, PercentagesDirections and DistanceEconomic Terms
ComprehensionSpeed, Distance and TimeData SufficiencyCurrent Affairs
Passage MakingMixture and AllegationsBlood RelationsFinancial & Economics News
Jumble WordsPermutation and CombinationSyllogismStatic GK
Fill in the BlanksData InterpretationCoding-DecodingGovernment Schemes, Agreement & Deals
Sentence FramingProbabilityInequalityBanking terms, rates, processes

Click to check RBI Grade B Syllabus 2023 (Prelims + Mains)

RBI Grade B 2023 Eligibility Criteria

Candidates are required to follow the given criteria (as per the previous year RBI Grade B Notification) to be eligible for RBI Grade B 2023 Exam:

RBI Grade B Citizenship & Nationality

• Must be a citizen of India

• Must be a subject of Nepal

• Must be a subject of Bhutan

• Must be a Tibetan Refugee who came to India before 1st January 1962 and has the intention of settling permanently in India.

• A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

RBI Grade B Age Limit

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 Age Relaxation

Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.

CategoryAge relaxation
SC/ST5 years
OBC3 years
Physically Handicapped10 years
PH + OBC13 years
PH + SC/ST15 years

RBI Grade-B Educational Qualification

PostsMinimum 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 Number of Attempts

The number of attempts for a general candidate to appear for the RBI Grade B Exam is 6 (six) while for SC/ST/PWD/EXSM there is no limit for appearing in the exam unless they reach the maximum age level. 

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). This means that you will be having basic pay of Rs. 55,200/- in which you will get an increment of Rs. 2850/- up till nine years of your service. After the completion of nine years, you will get into the executive band wherein the basic pay will be Rs. 80850/- and then again for the next two years you will get an increment of Rs. 2850/- and further an increment of Rs. 3300/- for the following 4 years thus ending up with the basic pay of Rs. 99,750/- and this is when you don't get any promotion. Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.

Click Here to View RBI Grade B Salary, Allowances & Promotions

RBI Grade B Exam Centers

RBI Grade B Exam Centers for Phase-I Exam

States /UTsRBI Grade B Exam Centers for Prelims
Andaman & NicobarPort Blair
Andhra Pradesh & TelanganaGuntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram
Arunachal PradeshItanagar, Naharlagun city
AssamDibrugarh, Guwahati, Jorhat, Silchar
BiharBhagalpur, Muzaffarpur, Patna
ChandigarhChandigarh
ChattisgarhRaipur, Bhilai
Daman & DiuJamnagar
GoaVarna
GujaratAhmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara
HaryanaHissar, Karnal, Rohtak
Himachal PradeshDharamsala, Shimla
Jammu & KashmirJammu
JharkhandBokaro, Dhanbad, Jamshedpur, Ranchi
KarnatakaBelgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi
KeralaKannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil
LakshadweepKavaratti
Madhya PradeshBhopal, Gwalior, Indore, Jabalpur
MaharashtraAurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur
ManipurImphal
MeghalayaShillong
MizoramAizawl
NagalandKohima
New DelhiDelhi –NCR
OrissaBalasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur
PuducherryCuddalore, Villupuram
PunjabAmritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala
RajasthanAjmer, Jaipur, Jodhpur, Kota, Udaipur
SikkimGangtok, Bardang City
TamilnaduChennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin
TripuraAgartala
Uttar PradeshAgra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi
UttarakhandDehradun, Haldwani, Nainital, Roorkee City
West BengalBerhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri

RBI Grade B Exam Centers for Phase-II Exam

Name of the Examination Cities
AhmedabadJammu
BengaluruKanpur
BhopalKochi
BhubaneswarLucknow
KolkataMumbai
ChandigarhNagpur
ChennaiNew Delhi
GuwahatiPatna
HyderabadPune
JaipurThiruvananthapuram

RBI Grade B 2023 Admit Card

The RBI Grade B Admit Card 2023 will be released separately for both Phase-I and Phase-II exams. The admit card for Phase-II Exam will be issued to candidates who have qualified for the Phase-I exam of RBI Grade B. RBI will be releasing RBI Grade B Admit Card on its official website and candidates will not be sent RBI Grade B Call Letters through mail or post. 

Click Here to View RBI Grade B Admit Card 

RBI Grade B 2023 Result

The results for RBI Grade B 2023 Exam will be released after the completion of each phase of the exam. A candidate is required to qualify for both Phase-I and Phase-II exams to get a chance to sit for the interview process. The merit list is prepared in descending order of the marks obtained by candidates after the interview process is complete. The final selection is based on how well you do in your interview.

Click Here to View RBI Grade-B Result

RBI Grade B Exam Cut Off

The cut off for RBI Grade B 2023 Exam will be released after each phase of the examination is completed. The cut-off for the Phase-I exam will be released first followed by the cut off for the Phase-II exam. Candidates can evaluate their marks and their chances of selection by matching their score with the cut off list released by RBI. Check last year's RBI Grade B Exam Cut Off for reference. 

RBI Grade-B Cut-Off 2022 for Phase-I Exam 
Section Category 
GENERAL/UR EWS OBC SC ST PwBD (OH/HI/VH/MD) 
GENERAL AWARENESS 
(Maximum Marks = 80) 
12.00 12.00 8.00 6.25 6.25 6.25 
REASONING 
(Maximum Marks = 60) 
9.00 9.00 6.004.75 4.75 4.75 
ENGLISH LANGUAGE 
(Maximum Marks = 30) 
4.50 4.50  3.002.25 2.25 2.25 
QUANTITATIVE APTITUDE 
(Maximum Marks = 30) 
4.50 4.50  3.002.25 2.25  2.25 
TOTAL SCORE/ Aggregate 
(Maximum Marks = 200) 
63.75 63.75  60.2555.25 50.75 49.75 

RBI Grade B Cut Off Previous Year- Click Here

RBI Grade B 2023 Exam Preparation

To score high in RBI Grade B 2023 Exam, it is really necessary for each and every candidate to look into the latest exam pattern and the change in the syllabus so that preparation can be done accordingly. Candidates have the option to opt for Offline Coaching Program offered by Career Power to enhance their skills. They can also solve Mock Test Papers to self-analyse themselves and prepare judiciously for this upcoming exam.

RBI Grade B 2023- FAQs

No exact dates has been announced by RBI to release RBI Grade B Notification 2023.

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

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.

The pay scale of RBI Grade B Officer is of Rs. 35,600/- p.m. in the scale of Rs. 35150-17 50(9)-50900-EB-17 50(2)- 54400-2000(4)-62400 (16 years) applicable to Officers in Grade B.

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