RBI Grade B Notification 2023 PDF Download: Recruitment Process

RBI Grade B notification 2023 pdf download link is also here. The Reserve Bank of India has released the RBI Grade B recruitment 2023 notification pdf. This RBI Grade B notification 2023 pdf is to recruit candidates for the Officer Grade B posts in the General, DEPR, and DSIM streams. Make use of this golden chance by applying for RBI Officer Grade B recruitment 2023. The eligibility criteria as per the RBI Grade B Notification 2023 PDF are given on this page. Check whether you satisfy the RBI Grade B age limit 2023, educational qualification, and nationality. The pay scale and job descriptions for the RBI Grade B recruitment 2023 notification pdf are provided. For your preparation, take notice of the RBI Grade B notification 2023 exam date. For complete details on the RBI Grade B Notification 2023 pdf, read this page. Check the FAQs section to clarify your doubts regarding the RBI Grade B notification 2023 pdf, the RBI Grade B age limit 2023, qualification, etc.

 

RBI Grade B Notification 2023 PDF Download

Here we have added the official RBI Grade B notification 2023 pdf download link. Download the RBI Grade B notification 2023 pdf to know all the recruitment details. On opening the RBI Grade B notification 2023 pdf, you can clarify all your doubts regarding this recruitment.

RBI Grade B Notification 2023 PDF Download Link

RBI Officer Grade B Recruitment 2023: Important Dates

The most searched one among the banking aspirants is RBI Grade B Notification 2023 Expected Date. Here we have updated the details of the RBI Officer Grade B recruitment 2023 important dates and various schedules in the below table.

RBI Grade B Mock Test

RBI Grade B Bundle PDF Course 2023

RBI Officer Grade B Recruitment 2023 - Exam Events

Important Dates

RBI Grade B Notification 2023 Short Notice

26th April 2023

Official RBI Grade B Notification 2023

9th May 2023

 Apply Online Start Date

9th May 2023

 Apply Online Last date

16th June 2023 (till 6 pm)

Phase 1 Online Exam Call Letter for Officers in Grade B (DR) - General posts

29th June 2023

Phase 1 Online Exam for Officers in Grade B (DR) - General posts

9th July 2023

Phase 2 (Paper 1, 2, 3) Online Exam for Officers in Grade B (DR) - General posts

30th July 2023

Phase 1 (Paper 1 & 2) Online Exam for Officers in Grade B (DR) - DEPR 

16th July 2023

Phase 2 (Paper 1 & 2) Written Exam for Officers in Grade B (DR) - DEPR 

2nd September 2023

Phase 1 (Paper 1) Online Exam for Officers in Grade B (DR) - DSIM 

16th July 2023

Phase 2 (Paper 2 & 3) Online / Written Exam for Officers in Grade B (DR) - DSIM 

19th August 2023

RBI Grade B Notification 2023 Vacancy

The vacancy details are given here as per the RBI Grade B Notification 2023 PDF. In the notification, you can know the RBI grade B vacancy 2023 category wise.

Post

RBI Grade B Notification 2023 Vacancy

Officers in Grade ‘B’ (DR) - General

222

Officers in Grade ‘B’ (DR) - DEPR

38

Officers in Grade ‘B’ (DR) - DSIM

31

Total

291

DEPR - Department of Economic and Policy Research

DSIM -  Department of Statistics and Information Management

RBI Grade B Vacancy

RBI Grade B Recruitment 2023 - Apply Online Steps

The RBI Grade notification 2023 Apply Online steps are provided below. Interested and eligible candidates can apply for RBI Grade B notification 2023 pdf with the help of the following steps shared below:

RBI Grade B Apply Online 2023 Link

  1. Go to the official website of RBI @rbi.org.in.

  2. In the opportunities section, click on the current vacancies section.

  3. Click on the "RBI Grade B notification 2023 Apply Online" link.

  4. Now, click on the "Application Form" link.

  5. Then, Click on the link for New Registration.

  6. Fill in the details in your RBI GradeB notification 2023 Apply Online form and click the save button.

  7. Upload a scanned photograph & signature in the required specifications as per the RBI Grade B notification 2023 pdf download.

  8. Cross-check the entered details.

  9. Click the submit button.

  10. Then, complete the online payment process.

  11. Take a printout of the application form for the future reference.

RBI Grade B Photo and Signature Size 2023

RBI Grade B Handwritten Declaration 2023

Bank/Transaction charges have to be borne by the candidates. The application fee 2023 can be paid through debit/credit card or through net banking. Check the application fee as per the RBI Grade B notification 2023 pdf.

Category

Application Fee

General/OBC/EWS

Rs. 850 + 18% GST

SC/ST/PWD

Rs. 100 + 18% GST

Staff@

NIL

@ - fee/Intimation charges waiver is only for those employees of RBI (staff candidates) who satisfy the eligibility criteria separately stipulated by the Bank.

RBI Grade B Notification 2023 Eligibility Criteria

The candidates can check the Eligibility Criteria as per RBI Grade B notification 2023 pdf i.e. Nationality, age limit, educational qualification, etc. provided below.

RBI Grade B Previous Year Paper

RBI Grade B Notification 2023 Nationality:

As per the RBI Grade B recruitment 2023 notification pdf, a candidate must be: 

  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 (2), (3), (4), and (5) shall be a person in whose favor 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.

Reasoning Free Study Materials PDF

Syllogism

Blood Relation

Coding Decoding

Inequality

Seating Arrangement

Alphanumeric Series

Number Sequence

Parallel Seating Arrangement

Puzzle

Direction Sense

Floor Based Puzzle

Linear Seating Arrangement

Box Based Puzzle

Floor and Flat Based Puzzle

Year Based Puzzle

Day based puzzle

Age Based Puzzle

Box with Stack Puzzle

RBI Grade B Age Limit 2023

Check the RBI grade B age limit 2023 (As on May 01, 2023).

  • A candidate must have attained the age of 21 years and must not have attained the age of 30 years on May 01, 2023 i.e., he/she must have been born not earlier than May 02, 1993 and not later than May 01, 2002. 

Relaxation in the Upper Age Limit:

As per the RBI Grade B recruitment 2023 notification pdf, the relaxation in the upper age limit for various reserved categories is given below.

Category

RBI Grade B Notification 2023 Age Relaxation

SC/ST

5 Years

OBC

3 Years

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

5 Years

PwBD (General / EWS)

10 Years

PwBD (OBC)

13 years

PwBD (SC/ ST)

15 years

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 May 01, 2023 and have been released;

a. on completion of assignment (including those whose assignment is due to be completed within one year from May 01, 2023) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or

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

c. on invalidment

5 years

ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on May 01, 2023 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

5 years

For candidates possessing M.Phil. and Ph.D. qualification

 upper age limit will be 32 and 34 years respectively

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 experience, probationary period will not be reckoned

For eligible staff candidates, as per RBI circular CO.HRMD.No. G132 / 17000 /05.01.01 /2013-14 dated June 9, 2014,

relaxation in age limit is according to RBI circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013

For recruitment to the post of Gr. 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.

RBI Grade B Notification 2023 Educational Qualification:

The following minimum educational qualifications (as on May 01, 2023) are prescribed for the posts as given in the RBI Grade B notification 2023 pdf:

Post  RBI Grade B educational Qualification 2023 (as on May 01, 2023)
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 PostGraduation 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, AgrimBusiness Finance)

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

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 course 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: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as 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: (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 above.

 

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Quadratic Equation

Simplification

Data Interpretation

Time and Work

Number Series

Time Distance Speed

Mixture and Allegations

Pipes and Cisterns

Average

Simple and Compound Interest

Boats and Streams 

Problems On Trains

Ages

Partnership

Profit Loss Discount

Percentage

Bar Graph DI

Pie Chart DI

Ratio and Proportion

Radar Graph DI

   

 

 

RBI Grade B Number of Attempts

Here is the detailed info about the RBI grade b number of attempts category wise.

RBI Grade B number of attempts for General / EWS

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.

RBI Grade B number of attempts for SC / ST / OBC / PwBD

No such restriction

RBI Grade B Selection Process 2023

The selection process for the RBI Grade B 2023 exam consists of 3 stages. They are,

  1. Phase-I

  2. Phase-II

  3. Interview

RBI Grade B Notification 2023 Exam Pattern

Check post-wise exam pattern as per the RBI Grade B notification 2023 pdf download.

RBI Grade B Notification 2023 PDF - Exam Pattern (DR) - General

As given in the RBI Grade B notification 2023 pdf, check Officer (DR) - General phase 1 exam pattern.

RBI Grade B Notification 2023 PDF - Phase 1 Pattern for Officer (DR) - General

Section

No. of Questions

Marks

Time

Reasoning

200

200

120 minutes

(However, separate time will be allotted for each test)

Quantitative Aptitude

English Language

General Awareness

 

As given in the RBI Grade B notification 2023 pdf, check Officer (DR) - General phase 2 exam pattern in the table given below.

RBI Grade B Notification 2023 PDF - Phase 2 Pattern for Officer (DR) - General

Name of Paper

Type of Paper

Time

No. of questions

Marks 

Paper-I: Economic and Social Issues

50% Objective Type, 50% Descriptive, answers to be typed with the help of the keyboard


(30 +  90) Total -120 minutes



@



(50 + 50)

Total - 100



Paper-II: English (Writing Skills)

Descriptive, answers to be typed with the help of the keyboard

90 minutes

3

100

Paper-III: General Finance and Management

50% Objective Type and 50% Descriptive, answers to be typed with the help of the keyboard 

120 minutes

@

(50 + 50)

Total - 100

 

@ - For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each). In the case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, a candidate answers more than 4 questions in descriptive, the first 4 shall be evaluated.

RBI Grade B Notification 2023 PDF - Exam Pattern (DR) - DEPR

As per the RBI Grade B notification 2023 pdf download, check the exam pattern for Grade B officer (DR) - DEPR posts.

RBI Grade B Notification 2023 PDF - DEPR Exam Pattern

Phase

Name of Paper

Time

Marks

Phase 1

Paper-I Objective Type (on Economics) 

120 minutes

100

Paper-II English – Descriptive (To be typed with help of keyboard)

120 minutes

100

Phase 2

Paper-I Descriptive Type (on Economics) (Question paper displayed on the computer, answers to be written on paper)

120 minutes



100

Paper-II Descriptive Type (on Economics) (Question paper displayed on the computer, answers to be written on paper)

120 minutes

100

 

Total

 

400

RBI Grade B Notification 2023 PDF - Exam Pattern (DR) - DSIM

As given in the RBI Grade B notification 2023 pdf, refer to the exam pattern for Grade B officer (DR) - DSIM posts.

RBI Grade B Notification 2023 PDF - (DR) DSIM Exam Pattern

Name of Paper

Time

Marks

Paper-I Objective Type (on Statistics) 

120 minutes

100

Paper-II Descriptive Type (on Statistics) (Question paper displayed on the computer, answers to be written on paper)

180 minutes

100

Paper-III English – Descriptive (To be typed with help of keyboard)

90 minutes

100

Total

 

300

RBI Grade B Notification 2023 - Interview Process

  1. Candidates will be shortlisted for the interview, based on the aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). 

  2. The minimum aggregate cut off marks for being shortlisted for an interview will be decided by the Board in relation to the number of vacancies.

  3. Roll No. of the candidates shortlisted for interview will be published on RBI website at the appropriate time and interview call letters will be sent on registered email ID. 

  4. Interview will be of 75 marks. 

  5. Candidates shall be required to undergo a Psychometric Test conducted by the Bank before appearing for the Interview.

  6. No marks will be allotted for the same and this will not form part of the final selection criteria. 

  7. Candidates may opt for an interview either in Hindi or English. 

  8. Final Selection will be through a merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview and grace marks as applicable as per extant rules.

RBI Grade B Notification 2023 Syllabus

Candidates can check the RBI Grade B Notification 2023 syllabus for Phase-1 and Phase-2 selection rounds. The detailed syllabus as per the RBI Grade B Notification 2023 pdf is given below.

Download RBI Grade B Syllabus 2023 PDF

RBI Grade B Notification 2023 Admit Card

RBI Grade B admit cards for Phase 1, Phase 2 exams, and interview will be released separately. The admit cards will be released 10-15 days prior to the exams of respective stages. Visit the official website of RBI  to download the call letter.

English Free Study Materials PDF

Reading Comprehension

Word Rearrangement

Cloze Test

Word Swap

Sentence Rearrangement

Match the column

Word Usage

Error Spotting

Starters

Sentence Improvement

Misspelt

Jumbled Sentence

Pairs of Words

Single Fillers

Double Fillers

   

 

RBI Grade B Notification 2023 Result

RBI announces Grade B Phase 1 and Phase 2 result 2023 separately on the official website of RBI. Candidates who have appeared for the RBI Grade B examination can check the result by following the steps given below.

RBI Grade B Notification 2023 Cut Off

The RBI Grade B cut off 2023 will be set by the Reserve Bank of India. It will be released along with the result for each stage. Check the RBI Grade B Phase 1, phase 2, & final cut off provided below.

RBI Grade B Cut Off Details

RBI Grade B Notification 2023 Salary

The salary details as per the RBI Grade B notification 2023 pdf are:

  • Selected Candidates will draw a starting basic pay of Rs.55,200/-p.m. in the pay scale of Rs. 55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B.

  • They will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family allowance, and Grade Allowance as per rules in force from time to time.

  • At present, initial monthly gross emoluments are Rs.1,16,914/- (approximately).

  • The House Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank

RBI Grade B Salary 2023

RBI Grade B  Notification 2023 PDF - FAQs

Check the FAQs regarding the RBI Grade B notification 2023 pdf.

Q: What is the RBI Grade B Notification 2023 expected date?

The official RBI Grade B notification 2023 pdf is out on 9th May 2023.

Q. What is the RBI Grade B recruitment 2023 selection process?

RBI Grade B recruitment 2023 selection process comprises phase 1, phase 2 & interview.

Q. What is the RBI Grade B age limit 2023?

Yes, there is an age limit. candidates must be between 21-30 years of age. However, for the reserved category candidates, there is age relaxation as well.

Q. What is the last date to apply for RBI Grade B notification 2023?

The last date to apply for the RBI Grade B notification 2023 is 16th June 2023 (till 06:00 p.m.).

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