RBI Grade B Notification 2024 – Exam Dates, Syllabus, Application Procedure, Cutoff

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RBI Grade B Notification 2024

The Reserve Bank of India issues the RBI Grade B Notification to recruit candidates for the position of Officer Grade ‘B’ (DR)–General, DEPR, and DSIM. It is expected that the RBI Grade B Notification 2024 will be released in March 2024. Aspirants preparing for the RBI Grade B Exam 2024 should be acquainted with all the particulars including eligibility criteria, exam pattern, syllabus, number of attempts, selection process, application fees, etc., discussed in the article below.

RBI Grade B Recruitment 2024

RBI Grade B Recruitment 2024 is published on the official website of the Reserve Bank Of India, @www.rbi.org.in. To get the final selection as RBI Grade B Officer candidates, need to clear the given stages of the recruitment process: Phase I, Phase II, and Interview. It is the right time for aspirants to commence the preparation for RBI Grade B 2024 to ensure sure shot selection. Candidates need to bookmark the post as we will provide the latest updates related to RBI Grade B Recruitment 2024.

RBI Grade B 2024: Overview

A brief highlight of RBI Grade B 2024 comprising the important points from the recruitment perspective has been discussed in the given table.

RBI Grade B 2024
OrganizationReserve Bank Of India
Exam NameRBI Grade B
PostGrade B
VacancyTo Be Notified
CategoryRecruitment
Language Of ExamEnglish
Selection ProcessPhase I, Phase II, and Interview
Application ModeOnline
Age Limit21 to 30 Years
SalaryBasic Pay: ₹55,200/- p.m
RBI Grade B Exam Date 2024Will Be Released Soon
Official Website@www.rbi.org.in

RBI Grade B 2024 Notification PDF

Reserve Bank of India (RBI) will issue the RBI Grade B 2024 Notification PDF along with the online registration dates and Exam Date. The detailed RBI Grade B 2024 Notification PDF is expected in April 2024 on the official website @rbi.org.in. The official notification includes eligibility criteria, exam patterns, and other important details. We will be providing below the detailed RBI Grade B 2024 Notification PDF download link once it is released officially.

RBI Grade B 2024- Important Dates

The candidates can find the important dates related to the RBI Grade B 2024 Notification in the table given below to avoid missing out on any important events and important dates.

RBI Grade B Notification
EventDate
RBI Grade B NotificationApril 2024
RBI Grade B Apply Online 2024 Start DateApril 2024
Last date to submit the online application formTBA
Last date to submit the online application formTBA
RBI Admit Card for Phase-I ExamTBA
RBI Grade B 2024 Exam Dates: Phase I & II
Officers in Gr B (DR)- General Phase-I – Online ExaminationTBA
Officers in Gr B (DR)- Phase-II – Paper I, II & III Online ExaminationTBA
Officers in Gr B (DR) – DEPR- Phase I – Paper – I – Online ExaminationTBA
Officers in Gr B (DR)- DEPR- Phase-II – Paper I, II & III Online ExaminationTBA
Officers in Gr B (DR)- DSIM- Phase I – Paper – I – Online ExaminationTBA
Officers in Gr B (DR)- DSIM- Phase I – Paper – II & III – Online ExaminationTBA
RBI Grade B Final Result 2024TBA

RBI Grade B 2024 Vacancy

The RBI Grade B Vacancy 2024 has already been announced along with the RBI Group B Notification 2024 pdf. The total number of vacancies available for the RBI Grade B previous year exam was 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. Candidates can check the RBI Grade B previous year vacancy for an idea in the table below.

Please Note: The table below shows the RBI Grade B Vacancy for the previous year (2023) as the RBI Grade B Vacancy 2024 has not been notified yet.

RBI Grade B Vacancy (Previous Year)
Post NameVacancy
Officers in Grade ‘B’ (DR)–(General)222
Officers in Grade ‘B’ (DR)–DEPR38
Officers in Grade ‘B’ (DR)–DSIM31
Total291

RBI Grade B 2024 Online Application

The RBI Grade B 2024 Online Application dates will be notified in the RBI Grade B Notification 2024. Candidates need to fill out the RBI Grade B 2024 Online as no other modes of application will be accepted. The direct link to apply for the RBI Grade B 2024 will be shared below once it is released officially.

RBI Grade B Application Form 2024

RBI Grade B Application Form 2024 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 2024 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 2024 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.

CategoryApplication Fee
SC/ST/PWDRs. 100
Gen/OBC/EWSRs. 850
Staff of RBINil

RBI Grade B 2024 Eligibility Criteria

Candidates should be able to fulfill the mentioned requirements to be able to apply online for the RBI Grade B Exam. It is important that the candidates check out the detailed eligibility criteria before filling out the application form.

Nationality

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:

CategoryAge Relaxation
SC/ST5 years
OBC3 years
Physically Handicapped10 years
PH+OBC13 years
PH+SC/ST15 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 2024.

(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 2024 Selection Process

The RBI Grade B selection process consists of three stages –

  1. Phase I
  2. Phase II
  3. Interview.

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 2024 Salary Structure

The candidates selected for the post of Officer through the RBI Grade B 2024 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 end 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 join the post of Officer in RBI.

FAQs

When will RBI Grade B Notification 2024 be released?

RBI Grade B Notification 2024 is expected to be released in March 2024.

What is the selection process for RBI Grade B 2024?

The selection process for RBI Grade B comprises the given stages: Phase I, Phase II, and Interview.

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

The minimum age limit to apply for RBI Grade B Notification 2024 is 21 Years.

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