RBI Grade B Notification 2024
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RBI Grade B Notification

RBI Grade B Notification 2024: The Reserve Bank of India (RBI) conducts a recruitment drive to hire RBI Grade B Officers annually. The job of a Grade B is entry-level posts. Candidates with a graduate/postgraduate degree and an age limit of 21-30 years can apply for RBI Grade B. Target for such competitive exams demands knowledge of the selection process, exam pattern, and syllabus. Candidates can bookmark the RBI Grade B Notification 2024 blog to get the latest updates.

RBI Grade B Notification 2024

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.

RBI Grade B Notification 2024 Overview

A brief highlight on RBI Grade B Notification 2024 comprising all important pointers selection process, age limit, and educational qualification is covered in the table. Interested applicants can get a glimpse of RBI Grade B exam.

RBI Grade B Notification 2024 Overview
Exam Conducting OrganizationReserve Bank of India
Exam NameRBI Grade B
Total PostsTo be Notified
Selection ProcessPhase 1, Phase 2 & Interview
RBI Grade B Notification 2024 DateApril/May 2024
Educational QualificationBachelor/Master Degree
Age Limit21 years-30 years
SalaryRs. 55,200/- Monthly
RBI Official Website Linkwww.rbi.org
Telegram Channel Linkhttps://t.me/RegulatoryPM

RBI Grade B Notification 2024 PDF

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. 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)

RBI Grade B Notification 2024 Important Dates

Candidates can take a look at important dates of RBI Grade B 2024. The exam dates will be released after RBI Grade B Notification 2024.

RBI Grade B Notification 2024 Important Dates
Particulars Exam Dates
RBI Grade B Short NoticeTo be  Notified Soon
RBI Grade B Notification 2024To be  Notified Soon
RBI Grade B 2024 Online Application DatesTo be  Notified Soon
RBI Grade B Phase 1 Exam DateTo be  Notified Soon
RBI Grade B Phase 2 Date of ExamTo be  Notified Soon

RBI Grade B Vacancy 2024

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 2023No. of Posts
RBI Gr. B Officer (DR) – General 222
RBI Gr. B Officer (DR) – DEPR 38
RBI Gr. B Officer (DR) – DSIM31
Total291

RBI Grade B Notification 2024 Apply Online Link

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)

Steps To Apply Online for RBI Grade Notification 2024

Candidates should follow the list of steps for online application for RBI Grade B Notification 2024. The online process starts after the notification is active on the website.

Step 1: Visit the Reserve Bank of India’s official website www.rbi.org.in.

Step 2: Click on the Opportunities option to apply to @RBI Current Vacancies.

Step 3: Click on the New Registration Link.

Step 4: It navigates candidates to a new page to register using an active mobile number and email ID.

Step 5: A provisional register number and password are provided to candidates to proceed with the online application process.

Step 6: Enter all details properly while filling out the application form.

Step 7: Save all details filled in the application process.

Step 8: Upload the required documents photograph, signature, thumb impression, and handwritten declaration.

Step 9: Pay the online fee after checking all information.

Step 10: Click on the FINAL SUBMIT option.

Step 11: Keep the hard copy of the application form and payment e-receipt for future reference.

RBI Grade B Notification 2024 Application Fees

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.

  • Candidates have to make online payments through debit card/credit card/mobile wallet/net banking.
  • Don’t refresh the window while making payment online.
  • No payment is refunded.
RBI Grade B Notification 2024 Application Fees
CategoryApplication Fee
General/OBCRs. 850/- + 18% GST
Staff@RBINil
SC/ST/PWDRs. 100/- + 18% GST

Documents Required For RBI Grade B Notification 2024

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 RequiredRequirements
PhotographSize: 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
SignatureWith blue/black ink
White paper
Dimension:140 x 60 pixels
Image Size10kb – 20kb
Left thumb impressionOn white paper with black or blue ink.
Image Size: 20kb – 50kb
Handwritten DeclarationSize: 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

RBI Grade B 2024 Eligibility Criteria

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.

 RBI Grade B Educational Criteria

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) – DSIM55% 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.

RBI Grade B Nationality

Candidates have to fulfill the required nationality criteria before applying online for RBI Grade B respective posts.

  • Indian Citizen
  • Subject to Bhutan
  • Subject to Nepal
  • Tibetan refugees came to India on 1st January 1962 to permanently settle in India.
  • India-origin person migrated from Pakistan, Burma, Sri Lanka, Zambia, Malawi, Zaire, Ethiopia, and Vietnam. The person came to India to permanently settle in India.

RBI Grade B Age Limit 

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.

  • Min Age Limit: 21 years
  • Max Age Limit: 30 years

RBI Grade B Age Relaxation

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

RBI Grade B 2024 Selection Process

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 2024 Selection Process
Phase 1Mode 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 2Phase 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
InterviewThe last Round of the RBI Grade B selection process is the interview round. It carries 75 marks value in the recruitment process.

RBI Grade B Number of Attempts

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
CategoryNo. Of Attempts
UR6 Attempts
SC/ST/PwD/OBCNo Limit

RBI Grade B 2024 Exam Pattern

Candidates have to qualify for the three levels of the RBI Grade B exam Phase 1, 2, and Interview to join RBI as Grade B level officers. Take a look at the detailed RBI Grade B 2024 Exam Pattern for Phase 1 and 2 exams.

RBI Grade B Exam Pattern Phase 1

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
SectionsQuestionsMarksTime
General Awareness808025
Quantitative Aptitude303025
English Language303025
Reasoning606045
Total200200120 mins

RBI Grade B Exam Pattern Phase 2

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
SectionsQuestionsMarksTime
Paper I: Economic and Social Issues: 50% Objective+50% Descriptive30 Objective Questions6 Descriptive (4 Needs to be Answered)100120 Mins
Paper II: English Writing Skills310090 Mins
Paper III: Finance & Management50% Objective+50% Descriptive30 Objective Questions6 Descriptive (4 Needs to be Answered)100120 Mins

RBI Grade B 2024 Syllabus

RBI Grade B exam syllabus covers vast concepts related to English, General Awareness, Economics, Finance, and Management. We prepared separate sections on the detailed overview of Phase 1 and 2 exam syllabus.

RBI Grade B Syllabus Phase 1

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.

RBI Grade B Syllabus Phase 1
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

RBI Grade B Syllabus Phase 2

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.

SubjectsList of Topics
English LanguageEssay Writing
Precis Writing
Reading Comprehension
Economic & Social IssuesEconomics
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 & ManagementFinance
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

RBI Grade B 2024 Salary

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 PayscaleRs. 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 

RBI Grade B 2024 Exam Centres

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.

Online Examination Centres for RBI Grade B Phase 1

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/UTRBI Grade B Phase 1 Exam Centres
Andman & NicobarPort Blair
Andhra PradeshGuntur, Kakinada, Tirupati, Chirala, Kurnool, Nellore, Vijaywada, Rajahmundry, Vizianagaram Vishakhapatnam
Arunachal Pradesh Naharlagun city
Assam Dibrugarh, Guwahati, Jorhat, Silchar, Tezpur
BiharArrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna
ChandigarhChandigarh and Mohali
ChattisgarhRaipur, Bhilai, Bilaspur 
Daman & DiuRajkot
GoaPanaji
GujaratAhmedabad, Anand, Mehsana, Gandhi Nagar, Rajkot, Surat, Vadodara
HaryanaAmbala, Hissar, Kurukshetra
Himachal PradeshHamirpur, Solan, Shimla
Jammu & KashmirJammu
LadakhLeh
JharkhandBokaro, Dhanbad, Hazaribaug,Jamshedpur, Ranchi
KarnatakaBengaluru, Gulbarga, Hubli, Mangalore, Mysore, Shimoga, Udipi
KeralaKannur, Kochi, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrichur,Palakkad, Thiruvananthapuram, Kollam
PunjabAmritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala
Madhya PradeshBhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain
MaharashtraAmravati, Chhatrapati Sambhajinagar (Aurangabad), Jalgoan, Kolhapur, Mumbai / Navi Mumbai / Thane, Nagpur, Nasik, Pune
MeghalayaShillong
MizoramAizawl
NagalandKohima
New DelhiDelhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram
OrissaBalasore, Berhampur (Ganjam),Bhubaneswar, Cuttack, Rourkela, Sambalpur
RajasthanAjmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur
SikkimGangtok-Bardang City
Tamil NaduChennai, Coimbatore, Erode, Madurai, Virudhunagar, Salem, Namakkal, Thiruchirapalli, Tirunelvelli
TelanganaHyderabad- Rangareddy, Karimnagar, Warangal
PuducherryPuducherry
Uttar PradeshAgra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzzafarnagar, Varanasi
UttarakhandDehradun, Haldwani, Roorkee City
West BengalAsansol, Kolkata, Greater Kolkata, Kalyani, Siliguri
TripuraAgartala

Online Examination Centres for RBI Grade B Phase 2

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.

  • Ahmedabad – Gandhi Nagar
  • Guwahati
  • Lucknow
  • Bengaluru
  • Hyderabad
  • Mumbai- Navi Mumbai
  • Bhopal
  • Jaipur
  • Nagpur
  • Bhubaneswar
  • Raipur
  • New Delhi- NCR
  • Kolkata
  • Jammu
  • Patna
  • Chandigarh-Mohali
  • Kanpur
  • Pune
  • Chennai
  • Kochi
  • Thiruvananthapuram

RBI Grade B 2024 Cut Off

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.

  • Difficulty Level of Exam: RBI Grade B Cut Off marks are determined by the difficulty level of the exam Phase 1 and 2. The Reserve Bank of India uploads cut off marks category-wise and subject-wise for Phase 1, Phase 2, and Interview. In RBI Grade B Phase 1 2023, major changes happened in the General Awareness section. Questions are asked in lengthy form many candidates are unable to attempt those questions. So, the cut off was low.
  • Total RBI Grade B Vacancies: To determine the cut off marks, the total number of vacancies in RBI Grade B recruitment is an important factor.
  • No. of Candidates Appeared in Exam: The total number of candidates appeared in RBI Grade B Phase 1 and Phase 2 exams. Depending on candidate number cut off marks are prepared section-wise and category-wise.

RBI Grade B Pre-Exam Training

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.

RBI Grade B Pre-Exam Training Form of Application

RBI Grade B 2024 Study Plan

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.

RBI Grade B Preparation Strategy 2024

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 B Notification 2024 FAQs

When will RBI Grade B Notification 2024 released?

RBI Grade Notification 2024 is to be released in April/May 2024.

How can I download the RBI Grade B Notification 2024 PDF?

Candidates can download the RBI Grade B Notification 2024 PDF link in the blog.

What is the age limit to apply for RBI Grade B 2024?

The age limit to apply for RBI Grade B 2024 is 21 years to 30 years.

What is the selection process for RBI Grade B 2024?

The selection process of RBI Grade B 2024 Phase 1, Phase 2, and Interview.

What is a list of subjects in RBI Grade B Phase 1?

RBI Grade B Phase 1 subjects are Quant, Reasoning, English, and General Awareness.

Is negative marking for the wrong attempt in RBI Grade B Phase 1?

1/4 mark is deducted for a wrong attempt in RBI Grade B Phase 1.

What is the minimum education required to apply for RBI Grade B?

Candidates should have 60% marks in bachelor’s degree to apply for RBI Grade B.

What is the basic salary of RBI Grade B?

The basic salary of RBI Grade B officer is Rs. 55,200.

Are there perks & benefits provided to RBI Grade B officers?

Perks and benefits provided to RBI Grade B include DA, HRA & Medical.

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