Reserve Bank of India (RBI) has released RBI Grade B Notification 2023 on 26th April 2023 for various posts including Officers in Grade ‘B’ (DR) – (General), Officers in Grade ‘B’ (DR) – DEPR, and Officers in Grade ‘B’ (DR) – DSIM. RBI conducts RBI Grade B Officer Exam for the selection of eligible graduates for the position of Grade B officer in its various branches all across the country. As the Reserve Bank of India offers an excellent pay scale and a reputed job profile, it lures thousands of candidates every year to take this examination. RBI Grade B 2023 Exam is an excellent opportunity for graduates who are looking for a job in the Reserve Bank of India (RBI). RBI Grade B 2023 exam has a three-phase selection process- Phase 1, Phase 2 and Interview.

RBI Grade B 2023 Notification Out for 291 Vacancies, Check Exam Date, Eligibility



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RBI Grade B Notification 2023 Out

Reserve Bank of India (RBI) has issued a short notice in the employment newspapers regarding 291 Grade B Officer vacancies on 26th April 2023. The online registration dates and exam dates along with post-wise vacancies has been depicted through RBI Grade B Notification 2023. The snippet of the RBI Grade B 2023 Notification published has been shared below for reference.




RBI Grade B 2023 Notification PDF

Reserve Bank of India (RBI) will upload the detailed RBI Grade B notification 2023 PDF on 09th May 2023 for the post of Grade B Officer Exam at the official website of https://www.rbi.org.in. The link to download RBI Grade B Notification PDF will be shared below as soon as released on the official website.

RBI Grade B Notification 2023 Summary

To know in exam summary about RBI Grade B Exam 2023, the candidates can refer to the below exam summary table containing the important information about RBI Grade B Recruitment 2023.

RBI Grade B 2023
OrganisationReserve Bank of India
Exam NameRBI Grade B 2023
PostsGrade B Officers
Vacancies291
CategoryGovt Jobs
Online Registration 09th May to 09th June 2023
Recruitment BasisDirect Recruitment
Selection ProcessPhase I, Phase II & Interview
RBI Grade B SalaryRs. 55,200/- Basic Pay [Revised]
Number of Attempts06
Job LocationAcross India
Official websitehttps://www.rbi.org.in/


RBI Grade B 2023- Important Dates

Reserve Bank of India has released the RBI Grade B 2023 Online Registration dates, Exam Date and other important dates along with the official RBI Grade B Notification 2023 on 26th April 2023. All the important dates for RBI Grade B 2023 will be updated here once it has been released by RBI.

RBI Grade-B 2023: Important Dates
EventsDates
Release of RBI Grade B Notice26th April 2023
RBI Grade B Apply Online 2023 Starts09th May 2023
Online Application Last Date09th June 2023 (6 pm)
Online Payment of Application Fees Last Date09th June 2023 (6 pm)
RBI Grade B Phase-I Call Letter
RBI Grade B Phase-I Exam Date 202309th & 16th July 2023
RBI Grade B Phase-II Exam Date 202330th July, 2nd September, 19th August 2023


RBI Grade B 2023 Exam Date Out

RBI Grade B exam date 2023 for all posts has been released along with its RBI Grade B Notification 2023. The exam dates for both prelims and mains and interview rounds for RBI Grade B 2023 Officer Exam has been updated below.

RBI Grade-B Exam Dates 2023
RBI Grade-B EventsDate
Officers in Gr B (DR)- GeneralPhase-I – Online Examination09th July 2023
Phase-II – Paper I, II & III Online Examination30th July 2023
Officers in Gr B (DR) – DEPRPhase I – Paper – I – Online Examination16th July 2023
Phase II – Paper – II & III Online/Written Examination02nd September 2023
Officers in Gr B (DR)- DSIMPhase I – Paper – I – Online Examination16th July 2023
Phase II – Paper – II & III Online/Written Examination19th August 2023
Interview ProcessTo be notified
Declaration of Final resultTo be notified


RBI Grade B Vacancy 2023

Reserve Bank of India (RBI) has announced 291 vacancies for the RBI Grade B 2023 exam along with its official RBI Grade B Notification 2023. Let’s have a look at the post-wise vacancy distribution for RBI Grade B 2023 Exam. 

RBI Grade B Vacancy 2023
PostsVacancies
Officers in Grade ‘B’ (DR)–(General)222
Officers in Grade ‘B’ (DR)–DEPR38
Officers in Grade ‘B’ (DR)–DSIM31
Total 291


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 Application Fees
Category Application Fee
General/OBC Rs. 850/-
SC/ST/PWD Rs. 100/-
Staff@RBI Nil


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 Education Qualification

RBI Grade B Education 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 recognised University / Institute that is taken after graduation and is at least of 2 years’ duration / recognised 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.

OR

b. 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.

OR

c. 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 /Institute

d. (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.

OR

b. 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

c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years.

OR

d. 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 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.
RBI Grade B Age Relaxation
Category Age relaxation
SC/ST 5 years
OBC 3 years
Physically Handicapped 10 years
PH + OBC 13 years
PH + SC/ST 15 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 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 Prelims Exam Pattern

The prelims exam of RBI Grade-B Officer 2023 comprises a single Paper for 200 marks. A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.


RBI Grade B Prelims Exam Pattern 2023
SNo Section Asked No. of Questions Maximum Marks Duration
1. General Awareness 200 200 Composite time of 2 hours
2. Quantitative Aptitude
3. English Language
4. Reasoning

Note: 
  • 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.

RBI Grade B Mains Exam Pattern 2023
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
50Total-100
30
90Total-120
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
50Total-100
30
90Total-120

RBI Grade B 2023 Exam Syllabus

The RBI Grade B Syllabus for the prelims exam is similar to the other Bank Exams. The major sections from which the questions are asked are:
  • Reasoning
  • Quantitative Aptitude
  • General Awareness and
  • English Language
RBI Grade B 2023 Exam Syllabus
English Quantitative Aptitude Reasoning General Awareness
Grammar Mensuration Puzzles Banking & Financial Awareness
Vocabulary Time and Work Seating Arrangement Monetary Policies
Error Spotting Average, Ratio, Percentages Directions and Distance Economic Terms
Comprehension Speed, Distance and Time Data Sufficiency Current Affairs
Passage Making Mixture and Allegations Blood Relations Financial & Economics News
Jumble Words Permutation and Combination Syllogism Static GK
Fill in the Blanks Data Interpretation Coding-Decoding Government Schemes, Agreement & Deals
Sentence Framing Probability Inequality Banking terms, rates, processes

RBI Grade B Salary 2023

Reserve Bank of India offers a lucrative salary to its employees which is the major reason for lakhs of aspirants to appear in the exam. RBI Grade B is the Managerial Profile for Officers in Grade B (General) – DR, DEPR, and DSIM in the Common Seniority Group (CSG) that is responsible for the smooth functioning of the member banks in the Reserve Bank of India. As per RBI Grade B RBI Grade B gross salary has been increased to Rs. 1,08,404 (approximately). In this article, we have covered the complete RBI Grade B Salary Structure as per the previous RBI Grade B notification including basic pay, deductions, allowances, perks and in-hand salary.

RBI Grade B Salary Structure

The RBI Grade B starting basic pay scale is Rs. 55,200. The pay scale for RBI Grade B Officer is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). The RBI Grade B Salary Structure has been tabulated below to give a clear vision about your doubts about RBI Grade B Salary.

RBI Grade B Salary Structure
RBI Grade B ParticularAmount
Basic PayRs. 55,200
Grade AllowancesRs. 6,800
Dearness AllowancesRs. 23,144
Housing AllowanceRs. 5273
CVPS Incentives Rs. 827
Special Prerequisite AllowancesRs. 1465
Special Allowances- Direct RecruitRs. 1800
Local Compensatory AllowancesRs. 3664
Meal AllowanceRs. 160
Gross PayRs. 1,08,404

RBI Grade B Salary- Deductions

An employee gets net pay after a deduction of a fixed amount from their gross salary. From the gross RBI Grade B Salary Rs. 1,08,404, the deduction of Rs. 26,436 amount is done for which the complete details have been mentioned in the below table.
DeductionsAmount
EE NPS Contrib AmountRs. 6509
Prof Tax-split periodRs. 200
BF EE NPS Monthly ContribRs. 13,018
House Rent RecoveryRs. 620
Meal Coupon DeductionRs. 400
MAFRs. 300
RBI Officers AssociationRs. 40
Sports Club MembershipRs. 30
Income FaxRs. 5319
Total DeductionsRs. 26,436

RBI Grade B Exam Centers

The examination for RBI Grade B 2023 will be held at the following examination centre and the candidates have to fill their choices of preference while submitting their applications.

RBI Grade B Exam Centers for Phase-I Exam

States /UTs RBI Grade B Exam Centers for Prelims
Andaman & Nicobar Port Blair
Andhra Pradesh & Telangana Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram
Arunachal Pradesh Itanagar, Naharlagun city
Assam Dibrugarh, Guwahati, Jorhat, Silchar
Bihar Bhagalpur, Muzaffarpur, Patna
Chandigarh Chandigarh
Chattisgarh Raipur, Bhilai
Daman & Diu Jamnagar
Goa Varna
Gujarat Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara
Haryana Hissar, Karnal, Rohtak
Himachal Pradesh Dharamsala, Shimla
Jammu & Kashmir Jammu
Jharkhand Bokaro, Dhanbad, Jamshedpur, Ranchi
Karnataka Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi
Kerala Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil
Lakshadweep Kavaratti
Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur
Maharashtra Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur
Manipur Imphal
Meghalaya Shillong
Mizoram Aizawl
Nagaland Kohima
New Delhi Delhi –NCR
Orissa Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur
Puducherry Cuddalore, Villupuram
Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala
Rajasthan Ajmer, Jaipur, Jodhpur, Kota, Udaipur
Sikkim Gangtok, Bardang City
Tamilnadu Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin
Tripura Agartala
Uttar Pradesh Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi
Uttarakhand Dehradun, Haldwani, Nainital, Roorkee City
West Bengal Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri

RBI Grade B Exam Centers for Phase-II Exam

Name of the Examination Cities
Ahmedabad Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai
Chandigarh Nagpur
Chennai New Delhi
Guwahati Patna
Hyderabad Pune
Jaipur Thiruvananthapuram

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