RBI Grade B Recruitment 2023
RBI Grade B Notification 2023: The Reserve Bank of India released the RBI Grade B Notification(detailed) on 9th May 2023 for recruiting eligible candidates for filling Grade B General, DEPR, and DSIM Posts. The candidates applied for the 291 vacancies offered by RBI Grade B Notification 2023 on the official website @rbi.org.in. 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. For the convenience of the candidates, RBI has already announced the exam dates for Phases 1 and 2. The RBI Grade B Phase 1 exam is to be conducted on 9th July 2023. Bookmark this article to get the details of RBI Grade B Notification 2023 and candidates can also download the RBI Grade B 2023 Notification PDF.
RBI Grade B 2023 Notification- Overview
Reserve Bank of India is all set to recruit eligible candidates and has released the official RBI Grade B Notification 2023 on its official website. The candidates can go through the RBI Grade B 2023 Notification highlights from the below table.
|RBI Grade B 2023 Notification|
|Organization||Reserve Bank of India|
|Name of Exam||RBI Grade B Officer Exam|
|Online Registration||09th May to 16th June 2023|
|Job Location||All Over India|
|No of Attempts||6|
RBI Grade B 2023 Notification PDF
Reserve Bank of India (RBI) issued a short notice in the employment newspapers regarding 291 Grade B Officer vacancies on 26th April 2023 along with the online registration dates & Exam Date. The detailed RBI Grade B 2023 Notification PDF is released on 09th May 2023 on the official website @rbi.org.in. The official notification includes eligibility criteria, exam patterns, and other important details. We have provided below the Snippet of RBI Grade B 2023 on Short notice and the detailed RBI Grade B 2023 Notification PDF download link also.
RBI Grade B 2023- Important Dates
The candidates can find the important dates related to RBI Grade B 2023 Notification in the table given below to avoid missing out on any important events and important dates.
|RBI Grade B Notification|
|RBI Grade B Notification||26th April 2023 (Short)
9th May 2023 (Detailed)
|RBI Grade B Apply Online 2023 Starts||09th May 2023|
|Last date to submit the online application form||09th June 2023 (6.00 PM)|
|Last date to submit the online application form (Extended)||16th June 2023|
|RBI Admit Card for Phase-I Exam||29th June 2023|
|RBI Grade B 2023 Exam Dates: Phase I & II|
|Officers in Gr B (DR)- General Phase-I – Online Examination||09th July 2023|
|Officers in Gr B (DR)- Phase-II – Paper I, II & III Online Examination||30th July 2023|
|Officers in Gr B (DR) – DEPR- Phase I – Paper – I – Online Examination||16th July 2023|
|Officers in Gr B (DR)- DEPR- Phase-II – Paper I, II & III Online Examination||02nd September 2023|
|Officers in Gr B (DR)- DSIM- Phase I – Paper – I – Online Examination||16th July 2023|
|Officers in Gr B (DR)- DSIM- Phase I – Paper – II & III – Online Examination||19th August 2023|
|RBI Grade B Final Result 2023||To be notified|
RBI Grade B 2023 Exam Date Out
RBI Grade B 2023 Exam date Out: Reserve Bank of India (RBI) has released the RBI Grade B Exam date 2023 along with the official notification. The RBI Grade B 2023 Phase 1 Exam will be conducted on 9th July 2023 and the Phase 2 Exam will be conducted on 30th July and 16th July 2023 for General, DEPR, and DSIM posts. Candidates who have not yet applied for the RBI Grade B 2023 Exam can also apply for the post @rbi.org.in. The last date to apply is 9th June 2023. The link to apply for the RBI Grade B 2023 recruitment is provided below.
RBI Grade B 2023 Vacancy
The RBI Grade B Vacancy 2023 has already been announced along with the RBI Group B Notification 2023 pdf. The total number of vacancies available for the RBI Grade B 2023 Exam is 291, and they are distributed across different posts, which include Officers in Grade ‘B’ (DR)–(General) with 222 vacancies, Officers in Grade ‘B’ (DR)–DEPR with 38 vacancies, and Officers in Grade ‘B’ (DR)–DSIM with 31 vacancies
|RBI Grade B Vacancy 2023|
|Officers in Grade ‘B’ (DR)–(General)||222|
|Officers in Grade ‘B’ (DR)–DEPR||38|
|Officers in Grade ‘B’ (DR)–DSIM||31|
RBI Grade B Category-wise Vacancies 2023
RBI Grade B Vacancy 2023 announced with the RBI Group B Notification 2023 pdf. The total number of vacancies announced for the RBI Grade B 2023. This year Let’s have a look at the vacancy distribution for RBI Grade B 2023 Exam. The RBI Grade B category-wise vacancies for SC/ST/OBC/EWS are given below.
|RBI Grade B Category-wise Vacancy 2023|
|Officers in Grade ‘B’ (DR)–(General)||109||17||25||49||22||222|
|Officers in Grade ‘B’ (DR)–DEPR||14||6||4||11||3||38|
|Officers in Grade ‘B’ (DR)–DSIM||9||5||8||6||3||31|
RBI Grade B 2023 Online Application
The RBI Grade B online application process started on 09th May 2023 and the apply online window remained open till 09th June 2023 according to the RBI Grade B Notification 2023. Applicants applied through the official website or from the direct link provided below.
RBI Grade B Application Form 2023
RBI Grade B Application Form 2023 will be available on the official website of the Reserve Bank of India. Candidates are required to fill out the application form with utmost care and mindfulness. Before filling out the RBI Grade B 2023 Application form, candidates are required to register on the portal. After registration, you can continue with the RBI Grade Application form and fill out your personal details, upload photos, signatures, handwritten declarations, etc., and pay the application fee to complete the online application process.
RBI Grade B Application Fee
Candidates can check the category-wise Application Fee for the RBI Grade B 2023 in the table below. The RBI Grade B Application Fee can be paid online through a debit/credit card, or any other payment gateway as mentioned by RBI in its official notification. This application fee is non-refundable.
|Staff of RBI||Nil|
RBI Grade B 2023 Eligibility Criteria
Candidates should be able to fulfill the mentioned requirements to be able to apply online for RBI Grade B Exam. It is important that the candidates check out the detailed eligibility criteria before filling out the application form.
The candidate must be a citizen of India or a subject of Nepal or Bhutan, or a Tibetan refugee who is permanently settled in India before January 1, 1962, or a person of Indian origin who has migrated from either Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam intending to reside permanently in India.
RBI Grade B Age Limit
The RBI Grade B Minimum and Maximum age limit are as shown below along with the age relaxation for the reserved category candidates.
Minimum age limit: 21 years
Maximum age limit: 30 years
Age Relaxation is as per Govt. norms as given below:
|Physically Handicapped||10 years|
RBI Grade B Educational Qualifications
Given below are the educational qualification requirements to join RBI as a Grade B officer as per the vacancies in RBI Grade B Recruitment 2023.
(a) Officers in Grade ‘B’ (DR)–(General): Minimum 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters/years
(b) Officers in Grade ‘B’ (DR)–DEPR: 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 recognized Indian or Foreign University /Institute; OR PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; OR 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 recognized Indian or Foreign University /Institute.
(c) Officers in Grade ‘B’ (DR)–DSIM: 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 (aggregate of all semesters/years) OR Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from a reputed Institute OR M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks (aggregate of all semesters/years) OR 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 Exam Number of attempts
The RBI has specified the number of attempts for each category. Check the number of attempts category-wise below.
- General Candidates: 6 Attempts,
- SC/ ST/ OBC/ PWD Candidates: No bar on the number of attempts.
RBI Grade B 2023 Selection Process
The RBI Grade B selection process consists of three stages –
- Phase I
- Phase II
Phase I comprises objective-type questions on the English language, quantitative aptitude, reasoning, and general awareness. Phase II is divided into three papers covering economic and social issues, English writing skills, and finance and management. Finally, candidates who clear Phase II are called for the Interview stage. A thorough understanding of the RBI Grade B selection process can help candidates prepare more effectively and increase their chances of success in the exam.
RBI Grade B Exam Pattern
RBI Grade B 2023 Exam will be conducted in three phases:
- Phase-I or Prelims;
- Phase-II or Mains
Candidates are required to clear all three phases to get a confirmed post as a Grade B Officer in the Reserve Bank of India. The Final merit list will be based on candidates’ performance in the main exam and interview round.
RBI Grade B Exam Pattern For Prelims Exam
- The RBI Grade B Prelims exam will be 200 marks with a total time duration of 120 minutes.
- There will be a specific sectional duration which will be mentioned in the admission letter.
- There will mainly be four sections
RBI Grade B Exam Pattern For Mains Exam
The candidates who qualify for the Prelims will be eligible to appear for the mains exam or Phase 2.
- There are three separate papers in the main exam.
- For RBI Grade B Officers in Gr B (DR)- General, candidates have to appear for papers I, II, and III.
- For RBI Grade B Officers in Gr B (DR)- DEPR & DSIM, candidates have to appear for Paper-II and III.
- Paper I & III are 50% Objective & 50 % descriptive while Paper- II is Descriptive only.
- Each paper will be 100 marks.
- The English paper is a descriptive test.
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II, and Paper-III of the Phase II exam. The interview process will carry 75 marks.
RBI Grade B Syllabus
As you know that there will be three phases for the selection of RBI Grade B Officers. The first two are the written tests and the third is the Interviews.
- The RBI Grade B phase-1 exam is an objective type examination conducted online. It will have 4 sections: General Awareness, English Language, Quantitative Aptitude, and Reasoning
- The RBI Grade B Phase 2 Exam is both objective & descriptive type. This phase will focus on Economic & Social Issues, English Language, and Finance & Management
|Reasoning||Quantitative Aptitude||English Language||General Awareness|
Machine Input Output
Ordering and Ranking
Arrangement and Pattern
Direction and Distance
|Ratio and ProportionAverage
Time and Work
Speed, Distance and Time
Permutation and Combination
Fill in the Blanks
Indian Financial System
Indian Banking System
RBI Grade B Salary Structure
The candidates selected for the post of Officer through the RBI Grade B 2023 Exam will be given a salary of 12-14 Lac annually. The Exact Pay Scale for the RBI Grade B Officer is Rs 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750. 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.
After the completion of these nine years, the officers will get into the executive band wherein the basic pay will increase to Rs. 80,850/- and then again for the next two years there will be an increment of Rs. 2850/- and further an increment of Rs. 3300/- for the following 4 years. Thus a candidate will be ending up with the basic pay of Rs. 99,750/- and this is when he/she doesn’t even go through any promotion.
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’re joining to the post of Officer in RBI.
RBI Grade B 2023 Admit Card
Candidates who are going to appear in the exam must download RBI Grade B Admit Card from the direct link or official website. The admit card for RBI Grade B Exam is issued to candidates separately for Prelims & Mains. Candidates who successfully submit their RBI Grade B Online Application Form will be issued a Prelims Call Letter and the Mains Admit Card is issued to candidates who will qualify for the prelims round of the RBI Grade B 2023 Exam.
RBI Grade B Exam Centers
|RBI Grade B 2023 Exam Centers for Phase I Exam|
|Andaman & Nicobar||Port Blair||Madhya Pradesh||Bhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain|
|Andhra Pradesh||Guntur, Kakinada, Tirupati, Chirala, Kurnool, Nellore, Vijaywada, Rajahmundry, Vizianagaram Vishakhapatnam||Maharashtra||Amravati, Chhatrapati Sambhajinagar (Aurangabad), Jalgoan, Kolhapur, Mumbai / Navi Mumbai / Thane, Nagpur, Nasik, Pune|
|Assam||Dibrugarh, Guwahati, Jorhat, Silchar, Tezpu||Meghalaya||Shillong|
|Bihar||Arrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna||Mizoram||Aizawl|
|Chhattisgarh||Raipur, Bhilai, Bilaspur (CG)||New Delhi||Delhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram|
|Daman & Diu||Rajkot||Orissa||Balasore, Berhampur (Ganjam),
Bhubaneswar, Cuttack, Rourkela, Sambalpur
|Goa||Panaji||Rajasthan||Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur|
|Gujarat||Ahmedabad, Anand, Mehsana, Gandhi Nagar, Rajkot, Surat, Vadodara||Sikkim||Gangtok-Bardang City|
|Haryana||Ambala, Hissar, Kurukshetra.||Tamil Nadu||Chennai, Coimbatore, Erode, Madurai,
Virudhunagar, Salem, Namakkal,
|Himachal Pradesh||Hamirpur, Solan, Shimla||Telangana||Hyderabad- Rangareddy, Karimnagar, Warangal|
|Jammu & Kashmir||Jammu||Tripura||Agartala|
|Jharkhand||Bokaro, Dhanbad, Hazaribaug,
|UP||Agra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzzafarnagar, Varanasi|
|Karnataka||Bengaluru, Gulbarga, Hubli, Mangalore, Mysore, Shimoga, Udipi||Uttarakhand||Dehradun, Haldwani, Roorkee City|
|Kerala||Kannur, Kochi, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrichur,
Palakkad, Thiruvananthapuram, Kollam,
|West Bengal||Asansol, Kolkata, Greater Kolkata, Kalyani, Siliguri|
|Punjab||Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala|
RBI Grade B 2023 Result
RBI Grade B Result for the Prelims Exam will be released by the Reserve Bank of India soon after the Prelims Exam has been conducted. The marks secured by the candidates in the RBI Grade B Exam in Prelims, Main Exam, and Interview will be available on the Bank’s website only after the declaration of the final result. The merit list is prepared in descending order of the marks obtained by candidates after the interview process is complete.
RBI Grade B Cut Off
The cut-off for RBI Grade B 2023 will be released after each phase of the examination is completed. The cut-off for the Prelims exam will be released first followed by the cut-off for the Mains exam. Candidates can evaluate their marks and their chances of selection by matching their scores with the cut-off list released by RBI. In the meanwhile, you can have a look at the previous year’s cut-off to get an idea as to how much would you need to secure to get through RBI Grade B Exam 2023.
RBI Garde B Previous Year Papers
RBI Grade B Previous Year Papers are an essential resource for aspirants preparing for the prestigious RBI Grade B exam. These papers provide insight into the exam pattern and help aspirants familiarize themselves with the types of questions asked. By practicing previous year’s papers, candidates can identify their strengths and weaknesses, and improve their time-management skills. With our comprehensive collection of RBI Grade B Previous Year Papers, candidates can boost their preparation and increase their chances of success in the exam. Start practicing today to ace the RBI Grade B exam!
How to Prepare for RBI Grade B?
Candidates who want to become an RBI Grade B Manager in the Reserve Bank of India will have to appear for the Phase I, Phase II, and Interview stages. It is of vital importance that the candidates plan their preparation for the exam. Only a 2-month gap is there between the date of the online application and the Phase I exam which is to be conducted on 9th July 2023. Here, are some of the most important points that the candidate should keep in mind while preparing for the exam:
- Go through the entire RBI Grade B Latest syllabus as mentioned in the official notification and the RBI Grade B Previous Year Question papers. It will help in giving you an idea of what is asked in the exam.
- After that, sort out all the chapters that are there in Economic and Social Issues, and Finance & Management. Make a study plan to cover all the chapters thoroughly.
- Focus on Current Affairs, Government Schemes, RBI Reports and Indices, and other topics important from the exam point of view.
- Also, keep practicing questions for Quantitative Aptitude, Reasoning, English, and Current Affairs.
- Join a Mock Test series to assess your preparation on a real-time basis.
- Have the confidence that you will clear the exam and be consistent with your preparation.
RBI Grade B 2023- FAQs
Q1. Is RBI Grade B conducted twice a year?
Ans. No, the Reserve Bank of India conducts RBI Grade B Exam once in a year for General, DEPR, and DSIM vacancies.
Q. What is the age limit for posts announced under RBI Grade B Recruitment 2023?
Ans. The minimum age limit- is 21 years and the Maximum age limit- is 30 years. Age Relaxation as per RBI norms.
Q. Can final-year students apply for RBI Grade B Recruitment 2023?
Ans. No, only candidates who have completed their graduation can apply for RBI Grade B Posts.
Q. How many attempts are specified to appear in RBI Grade B Officer Exam?
Ans. For general candidates, there are 6 attempts specified, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates
Q. Is there any negative marking for RBI Grade B Exam?
Ans. Yes, there is a negative marking of 0.25 marks for every incorrect answer in RBI Grade B.
Q. What is the selection procedure followed for RBI Grade B Posts?
Ans. The selection will be done based on three stages:
- Phase-I or Prelims;
- Phase-II or Mains