RBI Grade B Notification 2023: RBI Grade B Notification 2023: The Reserve Bank of India conducts the RBI Grade B recruitment process every year. The RBI will start the online application process on its official website for recruiting eligible candidates for filling Grade B Officers Posts. Selection for RBI Grade B Officers will be done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview. Bookmark this article for all the updates regarding RBI Grade B Notification 2023.
RBI Grade B Recruitment 2023
RBI Grade B is a national-level government exam which is conducted by the Reserve Bank of India (RBI) for aspirants who have been looking forward to being a part of the Banking sector. RBI offers a lucrative salary and respectful job profile to Grade B Officer post is one of the main reasons for the increasing competition. RBI Grade B Notification 2023 will be released for various posts including-
- Officers in Grade ‘B’ (DR) – (General)
- Officers in Grade ‘B’ (DR) – DEPR
- Officers in Grade ‘B’ (DR) – DSIM
RBI Grade B 2023 Notification
Reserve Bank of India (RBI) will release RBI Grade B 2023 notification PDF for the post of Grade B Officer Exam to recruit eligible candidates at the official website of https://www.rbi.org.in. It is an excellent opportunity for graduates who are looking for an opportunity in the Reserve Bank of India (RBI). RBI Grade B 2023 exam has a three-phase selection process. Candidates who get selected after Phase-I & Phase-II of the exam are called for the final interview process. Download RBI Grade B last year’s Notification PDF given below.
RBI Grade B 2023- Overview
Reserve Bank of India is all set to recruit eligible candidates for RBI Grade B 2023 on its official website. The candidates can go through the RBI Grade B 2023 Notification highlights from the below table.
|Name of the Exam||RBI Grade B 2023|
|Exam Conducting Body||Reserve Bank of India|
|Exam Category||Regulatory Body Exam|
|Vacancies for Grade B Officers (DR) for Generalist Post||Expected vacancies: 150 – 200|
|Language of Exam||English and Hindi|
|Periodicity||Once a Year|
|Selection Process||Phase 1 (Prelims), Phase 2 (Mains), Interview|
|Maximum Number of Attempts||6 for a General Category Candidate(If you have attempted the Phase 1 exam 6 times, then you are not eligible.)|
|Online Registration Start Date||Expected in April 2023|
|Last Date to Apply||Expected in April 2023|
|RBI Grade B Exam Date 2023 for Phase 1 (DR) General||Tentatively – May 2023|
|RBI Grade B 2023 Exam Date for Phase 2 (DR) General||Tentatively – June 2023|
|Eligibility – Age Limit||21 to 30 Years|
|Eligibility – Education||Graduation in any discipline with a minimum of 60% marks for General candidates or Post Graduation in any discipline with a minimum of 55% marks.|
This was a brief overview of the RBI Grade B 2023 Notification. Now let’s take a look at the overview of the RBI Grade B Notification for the year 2022.
RBI Grade B 2023- Important Dates
Reserve Bank of India will release the RBI Grade B 2023 Online Registration dates, Exam Date and other important dates along with the official RBI Grade B Notification 2023. All the important dates for RBI Grade B 2023 will be updated here once it has been released by RBI.
|Event||RBI Grade B 2023 Exam Date (Expected)|
|Registration Open||April 2023|
|Registration Last Date||April 2023|
|RBI Grade B Phase 1Admit Card||May 2023|
|RBI Grade B Exam Date 2023 (Phase 1) for (DR) General||May 2023|
|RBI Grade B Phase 1 Result||May 2023|
|RBI Grade B Phase 2 Admit Card||June 2023|
|RBI Grade B 2023 Exam Date (Phase 2) for (DR) General||June 2023|
RBI Grade B 2023 Exam Date
RBI Grade B exam date 2023 for all posts will be released along with its RBI Grade B Notification. The tentative exam dates for both prelims and mains and interview rounds for RBI Grade B 2023 Officer Exam will be updated below.
|RBI Grade-B Events||Date|
|Officers in Gr B (DR)- General||Phase-I – Online Examination||—|
|Phase-II – Paper I, II & III Online Examination||—|
|Officers in Gr B (DR) – DEPR||Phase I – Paper – I – Online Examination||—|
|Phase II – Paper – II & III Online/Written Examination||—|
|Officers in Gr B (DR)- DSIM||Phase I – Paper – I – Online Examination||—|
|Phase II – Paper – II & III Online/Written Examination||—|
|Interview Process||To be notified|
|Declaration of Final result||To be notified|
RBI Grade B 2023 Online Application
The online application process for RBI Grade B 2023 exam will start along with the release of the RBI Grade B Notification 2023. The candidates have to submit online application forms to get registered themself for RBI Grade B Exam 2023. All candidates who are interested to apply for RBI Grade B 2023 exam can fill the online application by clicking on the link given below when the RBI Grade B application process starts.
RBI Grade B 2023 Application Fees
A total of Rs. 850/- is the application fee to be paid by candidates belonging to the General and OBC category for RBI Grade B 2023 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.
RBI Grade B 2023 Selection Process
RBI Grade B 2023 Exam is conducted in three phases, while the Prelims examination is Objective in nature while the Mains examination would comprise of the objective as well as descriptive test
- Phase-I exam
- Phase-II exam and
- Interview process
RBI Grade B 2023 Exam Pattern
Candidates are required to clear all three phases in order to get a confirmed post as a Grade B Officer in the Reserve Bank of India.
RBI Grade B Exam Pattern For Prelims Exam
- The RBI Grade B Prelims exam will be of 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
|General Awareness, Quantitative Aptitude, English Language, Reasoning||200||200||2 hours (120 minutes)|
- A total time of 120 minutes will be given for the prelims exam. However, separate time will be allotted for each test. O detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letter for RBI Grade B 2023 prelims exam.
- Candidates have to secure minimum marks separately for each test as well as in aggregate.
RBI Grade B Mains Exam Pattern
|S No||Sections / Subjects||Paper Type||Maximum Marks||Duration (minutes)|
|1.||Paper I: Economics and Social Issues||50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard)||50|
|2.||Paper II: English (Writing Skills)||Descriptive (3 questions)||100||90 minutes|
|3.||Paper III: Finance and Management||50% Objective Type and 50% Descriptive||50|
RBI Grade B Officer Interview Process
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 50 marks.
RBI Grade B 2023 Eligibility Criteria
Candidates are required to follow the given criteria (as per the previous year RBI Grade B Notification) to be eligible for RBI Grade B 2023 Exam:
RBI Grade B Citizenship & Nationality
• Must be a citizen of India
• Must be a subject of Nepal
• Must be a subject of Bhutan
• Must be a Tibetan Refugee who came to India before 1st January 1962 and has the intention of settling permanently in India.
• A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
RBI Grade B Age Limit
RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam 2023. For candidates possessing M.Phil. and Ph.D. qualifications, the upper age limit will be 32 and 34 years respectively.
RBI Grade B Age Relaxation
Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.
|Physically Handicapped||10 years|
|PH + OBC||13 years|
|PH + SC/ST||15 years|
RBI Grade-B Educational Qualification
|Posts||Minimum Educational Qualifications|
|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 Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.Note:• Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination.• Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.OR• Any such full-time course from a recognized University / Institute that is taken after graduation and is at least of 2 years’ duration / recognized by the Government as equivalent to post-graduation will be eligible for admission to the examination.|
|Officers in Grade ‘B’ (DR) – DEPR||• Essential: a. 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 recognised Indian or Foreign University /Institute.ORb. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.ORc. 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 recognised Indian or Foreign University /Instituted. (i) Candidates having Master’s Degree 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.|
|Officers in Grade ‘B’ (DR) – DSIM||Essential:a. A 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 in aggregate of all semesters / years.ORb. 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.ORc. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years.ORd. 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 Number of Attempts
The number of attempts for a general candidate to appear for the RBI Grade B Exam is 6 (six) while for SC/ST/PWD/EXSM there is no limit for appearing in the exam unless they reach the maximum age level.
RBI Grade B 2023 Exam Preparation
To score high in RBI Grade B 2023 Exam, it is really necessary for each and every candidate to look into the latest exam pattern and the change in the syllabus so that preparation can be done accordingly.
RBI Grade B 2023 Important Links
|RBI Grade B 2023 Notification||RBI Grade B Syllabus|
|RBI Grade B Result||RBI Grade B Previous Year Papers|
|RBI Grade B Cut Off||RBI Grade B Exam Date|
|RBI Grade B Salary||RBI Grade B Admit card|
RBI Grade B 2023- FAQs
Q1. When will RBI Grade B Notification 2023 be released?
No exact dates have been announced by RBI to release RBI Grade B Notification 2023.
Q2. What is the Application Fee for RBI Grade B 2023 Exam?
Rs. 850/- is the application fee for the General and OBC categories. Rs. 100/- for candidates belonging to SC/ST/PWD category.
Q3. Does the RBI Grade B exam have negative markings?
There will be negative marks for wrong answers. About 0.25 marks will be deducted as negative marking system for each wrong answer in both the RBI Grade B Preliminary and Main examination.