RBI Grade B Notification 2024: The Reserve Bank of India conducts regular recruitment for RBI Grade B officers. It is an entry-level job that requires a graduate degree in a relevant field. The age limit is 21-30 years. There are three rounds of selection Phase 1, Phase 2, and Interview. Phase 1 and Phase 2 levels are online exams to check the knowledge of candidates in General Awareness, Reasoning, and English subjects. The interview is the final round in selection to get RBI Grade B officers appointed in the organization. We expect RBI Grade B Notification 2024 to be out in May/June 2024. Candidates can bookmark this article get latest updates on RBI recruitment.
RBI Grade B Notification 2024 is expected to be released in April/May 2024 on RBI’s official website www.rbi.org.in. To get selected as Assistant Manager in the Reserve Bank of India, candidates have to qualify for three rounds of selection Phase 1, Phase 2, and Interview. It is the right time to start preparing for RBI Grade B 2024 to give sufficient time to study and take mocks. For all updates regarding the exam, candidates should bookmark this blog post.
A brief highlight on the RBI Grade B Notification comprising all important pointers selection process, age limit, and educational qualification is covered in the table. Interested applicants can get a glimpse of the exam. Interested candidates targeting RBI Grade B should keep a check on all the latest updates.
RBI Grade B Notification 2024 Overview | |
Exam Conducting Organization | Reserve Bank of India |
Exam Name | RBI Grade B |
Total Posts | To be Notified |
Selection Process | Phase 1, Phase 2 & Interview |
RBI Grade B Notification Release Date | April/May 2024 |
Educational Qualification | Bachelor/Master Degree |
Age Limit | 21 years-30 years |
Salary | Rs. 55,200/- Monthly |
RBI Official Website Link | www.rbi.org |
Telegram Channel Link | https://t.me/RegulatoryPM |
The detailed PDF of RBI Grade B Notification is to be released on the official website in April/May 2024. Candidates should check the notification PDF before applying for desirable positions. The PDF document consists of all officially announced details of the RBI Grade B officer recruitment process. It is a document released by the Reserve Bank of India to start the recruitment process of Grade B officers. Once the notification is live on RBI’s website, aspirants can get a direct link to download the PDF.
RBI Grade B Notification 2024 PDF (Inactive)
Targeting RBI Grade B needs knowledge of important exam dates. Candidates preparing for the exam should know all updates on the exam timeline. They should not miss anything essential to regret in the future. We have prepared a table on RBI Grade B Important Dates. So that, candidates can keep them updated on notification and exam dates.
RBI Grade B Notification 2024 Important Dates | |
Particulars | Exam Dates |
RBI Grade B Short Notice | To be Notified Soon |
RBI Grade B Notification | To be Notified Soon |
RBI Grade B 2024 Online Application Dates | To be Notified Soon |
RBI Grade B Phase 1 Exam Date | To be Notified Soon |
RBI Grade B Phase 2 Date of Exam | To be Notified Soon |
A total of 291 posts is released for RBI Grade B in 2023. Detailed post-wise information is available in the table format given below. In 2024, the expected vacancy in 2024 is 250+ posts. The post-wise vacancies will be available after the release of RBI Grade B Notification 2024.
RBI Grade B Vacancy 2023 | No. of Posts |
RBI Gr. B Officer (DR) – General | 222 |
RBI Gr. B Officer (DR) – DEPR | 38 |
RBI Gr. B Officer (DR) – DSIM | 31 |
Total | 291 |
The apply online link is active once the RBI Grade B Notification is live on the website. Candidates can get a direct application online link to proceed with the process. It is advised to check eligibility criteria details carefully to avoid any issues with the online application process.
RBI Grade B Notification 2024 Apply Online Link (Inactive)
Candidates should follow the steps for online application for RBI Grade B Notification. The online process starts after the notification is active on the website. We provide a direct apply online link in the blog to guide candidates with a convenient application process. Follow RBI Grade B Apply Online steps to complete the online application process successfully.
New Candidates can start the RBI Grade online application process and should have an active email address and mobile to get intimations regarding the exam. RBI provides a provisional registration number and password on registered contact details. Candidates need to follow the official website for all updates on recruitment.
After completing the registration process, candidates have to proceed with form filling. They should have a valid registration number and password to continue with the online application. Candidates who have registered earlier can use provisional registration details to log in on RBI’s official website.
Many candidates struggle with uploading documents in the RBI Grade B application form. We provided a complete guideline to facilitate candidates to upload necessary documents.
The last and final step in the RBI Grade B application process is fee payment. Candidates have to make the required fee payment Rs. 850 (General) and Rs. 100 (SC/ST/PwD) categories. The application is accepted only for making fee payments online.
Candidates belonging to the General & OBC category have to pay an online application fee of Rs. 850. SC/ST/PwD category candidates have to pay an application fee of Rs. 100.
RBI Grade B Notification 2024 Application Fees | |
Category | Application Fee |
General/OBC | Rs. 850/- + 18% GST |
Staff@RBI | Nil |
SC/ST/PWD | Rs. 100/- + 18% GST |
Before applying online, candidates should note the list of documents required for the RBI Grade B online application process. Candidates have to upload a photograph, signature, left-hand thumb impression, and handwritten declaration in a desirable format.
Documents Required For RBI Grade B Notification 2024 | |
Documents Required | Requirements |
Photograph | Size: 4.5cm × 3.5cm Colored photograph White background No red eyes. Caps, hats, and dark glasses not allowed Dimension: 200 x 230 pixels Image Size: 20 Kb-50 Kb |
Signature | With blue/black ink White paper Dimension:140 x 60 pixels Image Size10kb – 20kb |
Left thumb impression | On white paper with black or blue ink. Image Size: 20kb – 50kb |
Handwritten Declaration | Size: 4.5cm × 3.5cm Colored photograph White background No red eyes. Caps, hats, and dark glasses are not allowed Dimension: 200 x 230 pixels Image Size: 20 Kb-50 Kb |
Candidates are required to fulfill the eligibility criteria requirements for the RBI Grade B exam. Before applying online, look at important details regarding education criteria, age limit, and nationality in RBI Grade B Notification 2024.
Candidates have scored 60% marks in bachelor’s/master’s degree from a recognized college/university for RBI Grade B (General) posts. Refer to the table given below to know all the details on education criteria requirements.
RBI Grade B Education Criteria | |
RBI Grade B Officer (DR) – General | Candidate should have 60% marks scored in Graduate/Postgraduate degrees in all semesters. SC/ST/PWD: 50% Marks |
RBI Grade B Officer (DR) – DEPR | 55% Marks in Master’s Degree Economics/Econometrics/Quantitative Aptitude/Integrated Economics Course/Finance aggregate marks in all semesters. |
RBI Grade B Officer (DR) – DSIM | 55% marks in Master’s Degree in Statistics/Quantitative Aptitude/Mathematical Statistics aggregate marks in semesters of all years. PGDBA (Postgraduate Diploma in Business Analytics): Min 55% marks. Institutions offering PGDBA courses are IIT Kharagpur, IIM Calcutta, and ISI Kolkata. |
Candidates have to fulfill the required nationality criteria before applying online for RBI Grade B respective posts.
RBI defined a minimum age limit of 21 years and a maximum age limit of 30 years for general category candidates to appear in the RBI Grade B exam. Candidates who belong to the reserved category are provided upper-age relaxations as per government regulations.
The Reserve Bank of India provides age relaxation of different categories based on government norms to apply for RBI Grade B posts.
RBI Grade B Age Relaxation | |
Category | Age Relaxation |
SC/ST | 5 years |
OBC | 3 years |
Physically Handicapped | 10 years |
PH + OBC | 13 years |
PH + SC/ST | 15 years |
Aspirants who want to give RBI Grade B 2024 should know the selection process. The RBI Grade B officer selection process comprises three stages: Phase 1, Phase 2, and Interview. Knowing the selection process is useful to start exam preparation and give sufficient time for mock test practice. In preparing for the competitive exam RBI Grade B, candidates should apply a smart approach to studying together for Phase 1 and 2 exams. Start with answer writing and General Awareness topics for Phase 1 and 2.
RBI Grade B Notification 2024 Selection Process | |
Phase 1 | Mode of Exam: Online Questions Type: Objective Based Questions Total Marks: 200 Marks Sections: Quantitative Aptitude, English, General Awareness, and Reasoning Time: 120 Minutes Total Number of Questions: 200 Questions Correct Answer Marks: 1 Mark Wrong Answer: 1/4 Negative Marking |
Phase 2 | Phase 2 Mode of Exam: Online Questions Type: Objective & Descriptive Sections: English, Finance & Management, Economic & Social Issues Time: English (90 Mins), Economic & Social Issues (120 Mins), and Finance & Management (120 Mins) Total Marks: 300 Marks |
Interview | The last Round of the RBI Grade B selection process is the interview round. It carries 75 marks value in the recruitment process. |
Candidates interested in applying for RBI Grade B 2024. They should meet eligibility criteria requirements such as age limit (21-30 years) with a bachelor/master’s degree in a relevant field. The Reserve Bank of India kept a limit on the number of attempts for candidates appearing in the RBI Grade B exam. Candidates belonging to the General category are eligible to appear 6 times. There is no limit on number of attempts for candidates in categories SC/ST/PwD.
RBI Grade B Number of Attempts | |
Category | No. Of Attempts |
UR | 6 Attempts |
SC/ST/PwD/OBC | No Limit |
The Reserve Bank of India conducts Phase 1 and 2 exams online mode. To excel in the RBI Grade B exam, candidates should know Phases 1 and 2 paper pattern. It gives an idea of section-wise weightage and marks allotted in two levels of the selection process.
Phase 1 exam is a qualifying and objective-based exam conducted online for RBI Grade B. Candidates have to face 200 questions in a time duration of 120 minutes. Questions are asked from sections General Awareness, Quantitative Aptitude, English, and Reasoning. A negative mark is 0.25 marks. Interested candidates preparing for Phase 1 can check the RBI Grade B Exam Pattern in the table.
RBI Grade B Exam Pattern Phase 1 | |||
Sections | Questions | Marks | Time |
General Awareness | 80 | 80 | 25 |
Quantitative Aptitude | 30 | 30 | 25 |
English Language | 30 | 30 | 25 |
Reasoning | 60 | 60 | 45 |
Total | 200 | 200 | 120 mins |
RBI Grade B Phase 2 exam is conducted online. Questions asked in objective and descriptive format from English Writing Skills, Economic & Social Issues, and Finance & Management. Take a look at RBI Grade B Exam Pattern Phase 2.
RBI Grade B Exam Pattern Phase 2 | |||
Sections | Questions | Marks | Time |
Paper I: Economic and Social Issues: 50% Objective+50% Descriptive | 30 Objective Questions6 Descriptive (4 Needs to be Answered) | 100 | 120 Mins |
Paper II: English Writing Skills | 3 | 100 | 90 Mins |
Paper III: Finance & Management50% Objective+50% Descriptive | 30 Objective Questions6 Descriptive (4 Needs to be Answered) | 100 | 120 Mins |
RBI Grade B exam syllabus covers topics to study for Phase 1 and Phase 2 exams. The Reserve Bank of India conducts online exams in Phases 1 and 2. The list of subjects covered in Phase 1 includes General Awareness, English, Quantitative Aptitude, and Reasoning. In RBI Grade B Phase 1, questions asked in an objective-based format. The second round of the selection process is Phase 2. The questions format is objective and descriptive in three sections English, Finance & Management, and Economic & Social Issues. We have covered detailed syllabus section-wise for RBI Grade B Phase 1 and 2 exams.
We have compiled the RBI Grade B Syllabus Phase 1 exam of 4 sections English, Reasoning, General Awareness, and Quantitative Aptitude in the table format given below. Candidates get topic-wise details for Phase 1 sections to start preparation and boost scores.
RBI Grade B Syllabus 2024 For Phase 1 | |
English | Grammar Vocabulary Error Spotting Comprehension Passage Making Jumble Words Sentence Framing Fill in the Blanks |
Quantitative Aptitude | Mensuration Time and Work Average, Ratio, Percentages Speed, Distance and Time Mixture and Allegations Permutation and Combination Data Interpretation Probability |
General Awareness | Banking terms, rates, processes Government Schemes, Agreement & Deals Static GK Financial & Economics News Current Affairs Economic Terms Banking & Financial Awareness Monetary Policies |
Reasoning | Puzzles Seating Arrangement Directions and Distance Data Sufficiency Blood Relations Syllogism Inequality Coding-Decoding |
In Phase 2, questions asked from three sections in English, Economic & Social Issues, and Finance & Management. The pattern of questions covered is objective and descriptive. Check the list of topics to study RBI Grade B for the Phase 2 exam covered in the table.
Subjects | List of Topics |
English Language | Essay Writing Precis Writing Reading Comprehension |
Economic & Social Issues | Economics Growth and Development Measurement of growth: National Income and per capita income Sustainable Development and Environmental issues Poverty Alleviation and Employment Generation in India Economic Reforms in India IMF and World Bank Monetary and Fiscal Policy Industrial and Labour Policy Regional Economic Cooperation Multiculturalism Social Culture in India Urbanization and Migration Gender Issues Demographic Trends Privatization Role of Economic Planning Balance of Payments Globalization Opening up of the Indian Economy International Economic Institutions Social Justice Positive Discrimination in favor of the underprivileged Social Sectors in India Social Movements Indian Political System Human Development Health & Education |
Finance & Management | Finance Financial System Regulations of Banks & Financial Institutions Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc, Banking System in India Financial Markets Primary and Secondary Markets Reserve Bank of India- functions, and conduct monetary policy Risk Management in Banking Sector Basics of Derivatives Forward, Futures, and Swap Changing Landscape of Banking sector Public Sector Reforms Portfolio Investment Recent Developments in the Financial Sector Public Sector Reforms Union Budget Role of e-governance in addressing the issues of corruption and inefficiency in the government sector Direct and Indirect taxes GST 13th Financial Commission & GST Finance Commission Fiscal Responsibility and Budget Management Act (FRBM) Disinvestments Financial Inclusion- use of technology Alternate source of finance Private and social cost-benefit Public-Private Partnership Corporate Governance in Banking Sector Inflation Definition Trends, estimates, consequences, and remedies (control): WPI, CPI – components, and trends Management The Management Processes; Planning, Organisation, Staffing, Directing, and Controlling The Role of a Manager in an Organization Leadership: The Tasks of a Leader; Leadership Styles Performance Appraisal, Potential appraisal, Leadership Theories Goals of HRD Human Resource Development Successful Leader vs Effective Leader Concept of HRD and development Feedback and Performance Counseling Training and Development Career Planning Employee Welfare Rewards Motivation, Morale & Incentives Theories of Motivation How Managers Motivate Concept of Morale Factors Determining Morale Role of Incentives in Building Morale Communication Steps in the Communication Process Communication Channels Oral vs Written Communication Barriers to Communication Role of Information Technology Verbal vs Nonverbal Communication Upward, Downward & Lateral Communication Corporate Governance Mechanisms of Corporate Governance Factors Affecting Corporate Governance |
Candidates selected as RBI Grade B Officers draw Rs. 55,200/- monthly salary. The pay scale includes the perks and benefits added to the basic salary. Check the salary bifurcation given below: 55200-2850(9)-80850-EB-2850 (2) – 86550-3300(4)-99750 (16 years). RBI Grade B Officers are eligible to get Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, and House Rent Allowance as per the rules and regulations. The initial monthly emoluments of an RBI Grade B Officer is Rs. 1,16,914/- (approximately). The house rent allowance is 15% of the basic pay if the Reserve Bank of India (RBI) does not provide the accommodation.
RBI Grade B 2024 Salary | |
Basic Pay | Rs 55,200/- p.m. |
RBI Grade B Payscale | Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years) |
Allowances | Dearness Allowance Local allowance House Rent Allowance Family allowance Grade Allowance |
RBI Grade B Gross Emoluments | Rs 1.08 Lakhs |
Interested applicants applying online for RBI Grade B should select exam centres in the online application process. Candidates please note exam centres allotment is done on first come first serve purposes. Choose your RBI Grade B Exam Centre based on preference for Phase 1 and 2. Once centre is selected will not be changed. If any circumstances happen on exam centers change, RBI holds the right to intimate candidates of centre change requirements.
Candidates can choose online examination centres for RBI Grade B Phase 1 while applying online. Take a look at the list of centres in the table.
State/UT | RBI Grade B Phase 1 Exam Centres |
Andman & Nicobar | Port Blair |
Andhra Pradesh | Guntur, Kakinada, Tirupati, Chirala, Kurnool, Nellore, Vijaywada, Rajahmundry, Vizianagaram Vishakhapatnam |
Arunachal Pradesh | Naharlagun city |
Assam | Dibrugarh, Guwahati, Jorhat, Silchar, Tezpur |
Bihar | Arrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna |
Chandigarh | Chandigarh and Mohali |
Chattisgarh | Raipur, Bhilai, Bilaspur |
Daman & Diu | Rajkot |
Goa | Panaji |
Gujarat | Ahmedabad, Anand, Mehsana, Gandhi Nagar, Rajkot, Surat, Vadodara |
Haryana | Ambala, Hissar, Kurukshetra |
Himachal Pradesh | Hamirpur, Solan, Shimla |
Jammu & Kashmir | Jammu |
Ladakh | Leh |
Jharkhand | Bokaro, Dhanbad, Hazaribaug,Jamshedpur, Ranchi |
Karnataka | Bengaluru, Gulbarga, Hubli, Mangalore, Mysore, Shimoga, Udipi |
Kerala | Kannur, Kochi, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrichur,Palakkad, Thiruvananthapuram, Kollam |
Punjab | Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala |
Madhya Pradesh | Bhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain |
Maharashtra | Amravati, Chhatrapati Sambhajinagar (Aurangabad), Jalgoan, Kolhapur, Mumbai / Navi Mumbai / Thane, Nagpur, Nasik, Pune |
Meghalaya | Shillong |
Mizoram | Aizawl |
Nagaland | Kohima |
New Delhi | Delhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram |
Orissa | Balasore, Berhampur (Ganjam),Bhubaneswar, Cuttack, Rourkela, Sambalpur |
Rajasthan | Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur |
Sikkim | Gangtok-Bardang City |
Tamil Nadu | Chennai, Coimbatore, Erode, Madurai, Virudhunagar, Salem, Namakkal, Thiruchirapalli, Tirunelvelli |
Telangana | Hyderabad- Rangareddy, Karimnagar, Warangal |
Puducherry | Puducherry |
Uttar Pradesh | Agra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzzafarnagar, Varanasi |
Uttarakhand | Dehradun, Haldwani, Roorkee City |
West Bengal | Asansol, Kolkata, Greater Kolkata, Kalyani, Siliguri |
Tripura | Agartala |
Candidates are required to choose examination centres for the Phase 2 exam during the online application process. Be quick to apply online to get your desired exam centre. We have provided list of centres for the RBI Grade B Phase 2 exam.
RBI Grade B Cut Off is the minimum qualifying mark required to secure in Phase 1, Phase 2, and Interview. The Reserve Bank of India releases separate cut off marks after every level of the selection process during the recruitment exercise. RBI Grade Cut Off marks are based on factors of exam difficulty level, no. of candidates, and total vacancies.
Candidates can get RBI Grade B Final Cut Off 2023 marks to know the aggregate marks scored in the Phase 2 written exam and interview. The minimum marks are calculated category-wise for General, OBC, SC, ST, EWS, and PwD.
RBI Grade B Final Cut Off 2023 Marks | ||||||
Stage of Recruitment | Gen | OBC | SC | ST | EWS | PwD |
Aggregate marks in Written examination (Paper- I, II, and III) and interview taken together (Out of a total of 375 marks) | 229.00 | 221.75 | 213.75 | 203.25 | 194.00 | 202.75(Gen)167.75(OBC) No PwBD candidate qualified in SC, ST and OBC category |
The Reserve Bank of India provides pre-exam training to SC/ST/OBC/PwD candidates free of cost for Phase 1 and 2 exams. Candidates who want to avail of this facility provided by RBI can send an email to Director/General Manager of the Reserve Bank of India. Applications for RBI Grade B Pre-Exam Training are accepted through online mode. Candidates are advised to follow the necessary instructions to apply for training. The training sessions are provided to candidates for Phases 1 and 2. Those who successfully qualify for Phase 1 can take pre-exam training for the Phase 2 exam.
Candidates should approach the RBI Grade B exam smartly. Start preparing for Phase 1 and 2 levels together. With around 100 days left for the RBI exam, aspirants should note what to study and how to study for Phases 1 and 2. Practice answer writing and give time to solve mocks for Phase 1. Don’t miss the value of the General Awareness section for two rounds of the selection process. Questions are covered from Finance & Banking current affairs of 6 to 8 months.
Aspirants who want to become RBI Grade B Officer in 2024 should make a schedule to study English, Reasoning, Quantitative Aptitude, and General Awareness for Phase 1. Start improving writing for Phase 2 with a dedicated plan to cover 1-2 descriptive writing in sections Economic & Social Issues, Finance & Management, and English. Take General Awareness as a top priority in RBI Grade B Preparation Strategy 2024. This section covers major weightage in Phase 1 and 2 levels of the selection process. For interview round, candidates should know RBI and its working, economic updates, banking news, and self-introduction tips.
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RBI Grade Notification 2024 is to be released in April/May 2024.
Candidates can download the RBI Grade B Notification 2024 PDF link in the blog.
Candidates should have 60% marks in bachelor’s degree to apply for RBI Grade B.
The age limit to apply for RBI Grade B 2024 is 21 years to 30 years.
The selection process of RBI Grade B 2024 Phase 1, Phase 2, and Interview.
RBI Grade B Phase 1 subjects are Quant, Reasoning, English, and General Awareness.
The total marks allotted to RBI Grade B Phase 1 is 200 marks.
120 minutes is for the RBI Grade B Phase 1 exam.
1/4 mark is deducted for a wrong attempt in RBI Grade B Phase 1.
RBI Grade B Phase 2 subjects English, Finance & Management, and Economic & Social Issues.
The RBI Grade B Gross Salary is Rs. 1,16,914 (approx).
The basic salary of RBI Grade B officer is Rs. 55,200.
Perks and benefits provided to RBI Grade B include DA, HRA & Medical.
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