RBI Grade B Recruitment

RBI Grade B Recruitment 2017 for as many as one hundred and sixty one positions has been announced and the online registrations began from May 3rd, 2017. RBI Grade B recruitment is one of the most awaited notifications of the year. A lot of aspirants were waiting desperately for the SBI Clerk recruitment and LIC AOO recruitment for this year, which somehow have not been out as of now. Instead RBI Grade B recruitment has been released. The exam will be held early this year which is both a good and a bad thing. Good because the entire exam cycle will take place in time. Bad because the aspirants have almost 1.5 months to prepare. It is advised that you start preparing for RBI Grade B exam starting this moment. It is a highly competitive exam but the job profile is excellent. Go for it.

CLICK HERE TO VIEW OFFICIAL PATTERN OF RBI GRADE B EXAM
CLICK HERE TO VIEW PRESCRIBED SYLLABUS FOR RBI GRADE B EXAM
CLICK HERE TO VIEW USEFUL BOOKS FOR RBI GRADE B EXAM

RBI Grade B Recruitment 2017

The highlights of this year’s RBI Grade B recruitment are as follows –

Organizing Body  Reserve Bank of India (RBI)
Total Vacancies 161
Date of Phase I Exam June 17th, 2017
Date of Phase II Exam July 7th, 2017
Commencement of Online Registration May 3rd, 2017
Minimum Percentage Required 60%
Total Number of Attempts  6
Official Website www.rbi.org.in
Latest Exam Pattern View Here
Latest Prescribed Syllabus View here

RBI Grade B Recruitment 2017: Terms You Should Know

 DR Direct Recruitment
 DEPR Department of Economics and Policy Research
 DSIM Department of Statistics and Information Management

RBI Grade B Recruitment 2017: Post Wise Vacancies

Officers in Grade ‘B’ (DR) – (General) 145
Officers in Grade ‘B’ (DR) – DEPR 12
Officers in Grade ‘B’ (DR) – DSIM 4

RBI Grade B Recruitment 2017: Category Wise Vacancies

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

Unreserved (General) 73
OBC 39
SC 22
ST 11

Officers in Grade ‘B’ (DR) – DEPR

Unreserved (General) 09
OBC 03
SC 00
ST 00

Officers in Grade ‘B’ (DR) – DSIM

Unreserved (General) 01
OBC 00
SC 01
ST 02

RBI Grade B Recruitment 2017: Application Process

CLICK HERE TO APPLY FOR RBI GRADE B 2017

RBI Grade B Recruitment 2017: Online Registration Dates

RBI Grade B – DR May 3rd , 2017
RBI Grade B – DEPR May 5th, 2017
RBI Grade B – DSIM May 5th, 2017

The last date to submit the online applications is May 23rd, 2017 up to midnight.

RBI Grade B Recruitment 2017: Exam Dates

Officers in Gr B (DR) – General

EVENT DATE
Phase-I Online Examination June 17th, 2017
Phase-II Online Examination July 7th, 2017

Officers in Gr B (DR) – (DEPR)

EVENT DATE
Phase-I Online Examination June 17, 2017
Paper – II & III Online/Written Examination July 6 and / or 7, 2017

Officers in Gr B (DR) – (DSIM)

EVENT DATE
Phase-I Online Examination June 17, 2017
Paper – II & III Online/Written Examination July 6 and / or 7, 2017

RBI Grade B Recruitment 2017: Pay Scale

Under RBI Grade B recruitment , selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 applicable to Officers in Grade B
Dearness Allowance, Local allowance, House Rent Allowance, Family allowance, and Grade Allowance will also be provided as per rules in force from time to time.
At present, initial monthly Gross emoluments are approximately Rs. 67,933/-

RBI Grade B Recruitment 2017: Selection Procedure

The RBI Grade B Exam for the year 2017 will be held in 3 stages –

Stage 1 Phase I Exam
Stage 2 Phase II Exam
Stage 3 Interview

RBI Grade B Recruitment 2017: Academic Qualifications

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

A minimum of 60% marks (50% in case of SC/ST/PWD) 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.

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 recognised Indian or Foreign University /Institute.
SC,ST and PWD candidates having second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters / years in Master’s Degree examination or equivalent recognized qualifications are eligible to apply.

Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.

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

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

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

M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in 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 Recruitment 2017: Number of Attempts

Candidates belonging to unreserved i.e. General Category, who had already appeared 6 times for Phase-I Examination for this post in the past, are not eligible to apply.
No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them.

RBI Grade B Recruitment 2017: Age Criteria

A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the 1st of May, 2017 under RBI Grade B Recruitment.

RBI Grade B Recruitment 2017: Age Incentives

Candidates with PhD 32 years
Candidates with M.Phil 34 years
Candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India. Extent of number of completed years of such experience subject to a maximum of three years.
SC/ST Candidates 5 years
OBC Candidates 3 years

 

RBI Grade B Recruitment 2017: Official Notification

DOWNLOAD THE OFFICIAL RBI GRADE B NOTIFICATION HERE

RBI Grade B Recruitment 2017: Free Assistance for Candidates

RBI will arrange free of cost combined pre-examination training for Phases I and II of the examination for SC/ST/OBC/PWD candidates, at some of the centres where the Bank has its offices. Candidates who desire to avail of the training may apply (by post or email) separately to the Regional Director/General Manager, Reserve Bank of India at any one of the centres mentioned in the notification.

Under RBI Grade B recruitment, Candidates should not send their application for training to the Reserve Bank of India Services Board’s Office (Board) as the Board will not entertain such applications.

RBI Grade B Recruitment 2017: Grievance Redressal 

In case of any problem in filling up the form, payment of fee/intimation charges, or in downloading of Admission Letter, queries may be made through the link http://cgrs.ibps.in. Do not forget to mention ‘RBI Officer-in Grade ‘B’-DR’ in the subject of the email.

 RBI Grade B Recruitment: Frequently Asked Questions

 Q1.  What does DR mean under RBI Grade B Recruitment ? DR stands for Direct Recruitment.
 Q2. Are the dates of examinations fixed under RBI Grade B Recruitment ? Yes. However in case of any changes RBI will upload a notice on their official website.
Q3. Do Ex Service Men get age relaxation under RBI Grade B Recruitment ? Yes. Up to a period of 5 years. However, The age concession will not be admissible to Ex-servicemen and Commissioned Officers including ECOs/SSCOs, who are released on own request.
 Q4. When will the admits cards be issued ?  About a fortnight before the exam.
 Q5. Are there any backlog vacancies under RBI Grade B recruitment 2017 ? Under RBI Grade B recruitment, there are 2 vacancies.

RBI Grade B Recruitment 2017: Comparison with 2016

RBI Grade B Recruitment 2017 RBI Grade B Recruitment 2016
Total Vacancies are 161 Total Vacancies were 163
Link for online registration commencement is May 3rd Link for online registration commencement is July 18th
Phase I exam will be held on June 17th Phase I exam was held on September 4th
Phase II exam will be held on July 7th Phase II exam was held on September 19th