RBI Grade B 2023 Notification (Out) for 291 Posts | Eligibility, Exam Date, Application Form

 The officials of the Reserve Bank of India (RBI) have released the RBI Grade B Notification 2023 PDF to recruit eligible candidates for the Grade B Officer posts. The candidates who will be preparing for the RBI Grade B Exam 2023 must go through all the sections in this post to get a clear idea about the RBI Grade B Exam Pattern 2023, Syllabus, and other details related to RBI Grade B Recruitment 2023. As per the RBI Grade B 2023 Notification the RBI Grade B Application Form can be submitted through online mode from 9th May 2023 to 9th June 2023.

RBI Grade B 2023 Notification – Overview

Latest RBI Grade B Notification PDF
Organization NameReserve Bank of India (RBI)
Post NameGrade B Officer
Post Count291 Posts
Exam NameRBI Grade B Officer Exam
RBI Grade B Application Form Start Date9th May 2023
RBI Grade Application Form End Date9th June 2023
Mode of ApplicationOnline
CategoryBank Jobs
Job LocationAcross India
Selection ProcessOnline Examination, Interview
Official Websiterbi.org.in

RBI Grade B Vacancy 2023

S.NoName of the PostNumber of Posts
1.Officers in Grade ‘B’(DR)- General222
2.Officers in Grade ‘B’(DR)- DEPR38
3.Officers in Grade ‘B’(DR)- DSIM31
Total291 Posts

RBI Grade B Notification 2023 – Important Schedule

RBI Grade B 2023: Important Dates
EventsDates
RBI Grade B Apply Online 2023 Start Date9th May 2023
RBI Grade B Online Application Last Date9th June 2023 (6 pm)
Online Payment of Application Fees Last Date9th June 2023 (6 pm)
RBI Grade B Phase I Call Letter
Officers in Gr B (DR)- General Phase-I – Online Examination9th July 2023
Officers in Gr B (DR)- General Phase-II (Paper I, II & III Online Examination)30th July 2023
Officers in Gr B (DR) – DEPR- Phase I Exam Date (Paper I & II Online Examination)16th July 2023
Officers in Gr B (DR)- DEPR- Phase-II Exam Date (Paper I & II Written Examination)2nd September 2023
Officers in Gr B (DR)- DSIM- Phase I Exam Date (Paper I Online Examination)16th July 2023
Officers in Gr B (DR)- DSIM- Phase II Exam Date ( Paper II & III Online / Written Examination)19th August 2023

RBI Grade B Recruitment 2023 – Educational Qualifications

S.NoName of the PostEducational Qualifications
1.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 in any discipline/ Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ ST/P wBD applicants) in aggregate of all semesters/ years.
2.Officers in Grade ‘B’ (DR) – DEPR
  • A Master’s Degree in Economics (or any other master’s degree where “Economics” is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics) OR
  • A Master’s Degree in Finance (or any other master’s degree where “Finance” is the principal constituent* of the curriculum/ syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance)
3.Officers in Grade ‘B’ (DR) – DSIM
  • A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in 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 one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR
  • Master’s degree course in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR
  • Four-year Bachelor’s degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR
  • Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme.

RBI Grade B 2023 – Salary Details

Pay Scale: Selected Candidates will draw a starting basic pay of ₹55,200/-p.m. in the pay scale of ₹55200-2850(9)-80850-EB-2850 (2) – 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B and they will also be eligible for Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, House Rent Allowance as per rules in force from time to time. At present, initial monthly gross emoluments (without HRA) are Rs. 1,16,914/- (approximately) The House Rent Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.

RBI Grade B Recruitment 2023 – Age Limit

Candidates should possess a minimum of 21 years and a maximum of 30 years of age to apply for the vacancies of RBI Grade B Notification 2023.

RBI Grade B 2023 Notification – Selection Process

Following is the RBI Grade B Selection Process according to the post wise.

Officers in Grade ‘B’ (DR) – (General)

  • Phase-I online Examination (Objective Type)
  • Phase-II Online Examination
  • Interview

Officers in Grade ‘B’ (DR) – DEPR/ DSIM

Selection will be through Online/ Written Examination (WE) and interview.

RBI Grade B 2023 – Notification, Application Form

RBI Grade B Notification 2023 PDF – Important Links
To Check The RBI Grade B 2023 Notification PDFClick Here
For RBI Grade B 2023 Online ApplicationClick Here 

RBI Grade B Exam Pattern 2023

RBI Grade B 2023 Exam Pattern for Officers in Grade ‘B’ (DR) – (General) post.

RBI Grade B Phase 1 Online Exam Pattern – (Objective Type)

S. NoSection AskedNo. of QuestionsMaximum MarksDuration
1.General Awareness2002002 hours
2.Quantitative Aptitude
3.English Language
4.Reasoning

RBI Grade B Phase 2 Online Exam Pattern

S. NoPaperTypeDurationMarks
1.Paper-I: Economic & Social Issues.Objective30 min50
Descriptive90 min50
2.Paper-II: English (Writing Skills) – 3 QuestionsDescriptive90 min100
3.Paper-III: General Finance and ManagementObjective30 min50
Descriptive90 min50

RBI Grade B 2023 Exam Pattern for Officers in Grade ‘B’ (DR) – DEPR is given below.

Officers in Grade 'B' (DR) - DEPR, DSIM Exam Pattern

RBI Grade B 2023 Exam Pattern for Officers in Grade ‘B’ (DR) – DSIM is given below.

Officers in Grade 'B' (DR) - DSIM Exam Pattern

RBI Grade B Officer 2023 Interview

  • Interview: Candidates will be shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). The minimum aggregate cut off marks for being shortlisted for Interview will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for interview will be published on RBI website at appropriate time and interview call letters will be sent on registered email ID.
  • Interview will be of 75 marks.

NOTE:

  • The No. of attempts for General Candidates is 6 Attempts,
  • For SC/ ST/ OBC/ PWD Candidates, there is no limitation on the number of attempts.

RBI Grade B Exam 2023 – Application Fee

  • For SC/ ST/ PWD Candidates – Rs. 100/- + 18%GST
  • For Gen/ OBC/ EWS Candidates – Rs. 850/- + 18%GST
  • For RBI Staff – Nil

RBI Grade B 2023 Admit Card

The Reserve Bank of India (RBI) will release separate admit cards for Phase-I and Phase-II exams for RBI Grade B 2023. Candidates who qualify for the Phase-I exam will receive the admit card for the Phase-II exam. The RBI Grade B Admit Card will be available on the official website of RBI, and no call letters will be sent to candidates via mail or post.

RBI Grade B Result 2023

The RBI Grade B 2023 Exam results will be announced after the completion of each phase of the exam. In order to be eligible for the interview process, candidates must clear both the Phase-I and Phase-II exams. A merit list is prepared based on the marks obtained by candidates, in descending order, after the interview process is completed. The final selection is based on the candidate’s performance in the interview.

RBI Grade B Cut Off Marks

RBI Grade B Cut Off 2022 for Phase-I Exam 
Section Category 
GENERAL/UR EWS OBC SC ST PwBD (OH/HI/VH/MD) 
GENERAL AWARENESS
(Maximum Marks = 80)
12.0012.008.006.256.256.25
REASONING
(Maximum Marks = 60)
9.009.006.004.754.754.75
ENGLISH LANGUAGE
(Maximum Marks = 30)
4.504.503.002.252.252.25
QUANTITATIVE APTITUDE
(Maximum Marks = 30)
4.504.503.002.252.252.25
TOTAL SCORE/ Aggregate
(Maximum Marks = 200)
63.7563.7560.2555.2550.7549.75