RBI Recruitment 2024 Grade B Notification, Apply Online, Vacancies

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RBI Recruitment 2024: The Reserve Bank of India is a crucial part of India’s financial system and is responsible for conducting recruitment for various positions. The upcoming recruitment notification in 2024 is expected to announce around 500 vacancies, attracting many candidates interested in a career with the RBI. The RBI Grade B vacancy holds significance as it determines the cutoff scores and success probabilities for candidates. Prospective candidates should stay updated with the latest information and intricacies associated with the RBI Grade B vacancies as the official notification is expected to be released in mid-March 2024.

This article provides information on RBI Recruitment 2024, including educational qualifications, age criteria, selection processes, and salary structures.

RBI Recruitment 2024 Notification

The Reserve Bank of India (RBI) is about to announce the highly anticipated RBI Grade B 2024 notification, opening up a new era of opportunities for aspiring candidates. With approximately 500 vacancies expected to be available, the comprehensive notification is anticipated to be published in March 2024. Once the application process begins, interested candidates can take advantage of this opportunity by registering on the online application portal located at rbi.org.in.

Check the official RBI Recruitment 2024 Notification here.

RBI Recruitment 2024 Notification, RBI Grade B Recruitment 2024

The online registration for the RBI Recruitment 2024 is anticipated to begin soon. Interested candidates are encouraged to participate in this highly competitive examination organized by the RBI. The recruitment process includes a series of stages, such as the Preliminary Examination (Phase-I), Main Examination (Phase-II), and an Interview phase.

OrganizationReserve Bank Of India
Post NameGrade B posts
Vacancies500 Posts (expected)
Online Application StartMarch 2024 (expected)
Last Date to ApplyTo be released

RBI Grade B Vacancy 2024

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Last year, the RBI Grade B announced a total of 291 vacancies, with 222 positions for General DR, 38 for General DEPR, and 31 for General DSIM. Looking ahead to the RBI Grade B Vacancy 2024, we can expect the number of vacancies to increase to approximately 500, as detailed below:

Post NameExpected Vacancies
General DR300
General DEPR100
General DSIM100

Note: These anticipated vacancies are subject to change pending the release of the official notification.

RBI Recruitment 2024 Eligibility

The eligibility criteria for RBI Recruitment 2024 are carefully crafted to suit the specific needs of each position within the RBI Grade B examination. Below is a comprehensive overview of the eligibility criteria.

Educational Qualifications:

  • For the post of Officer in Grade B(DR)- General, candidates must hold a graduation degree in any discipline or an equivalent professional qualification with a minimum of 60% marks.
  • For the post of Officer in Grade B(DR)- DEPR, candidates must possess a master’s degree in economics and quantitative economics with a minimum aggregate of 55% marks across all semesters.
  • For the post of Officer in Grade B(DR)- DSIM, candidates must acquire a master’s degree in Mathematics or Statistical Mathematics with a minimum aggregate of 55% marks.

Age Limit:

  • Candidates applying for the Reserve Bank of India must meet the age criteria prescribed by the institution. As per the guidelines, candidates must be at least 21 years old and not exceed 30 years of age as of May 01, 2023.
  • Those with an M.Phil qualification can take advantage of an extended upper age limit of 32, while those with a PhD qualification can benefit from an extended upper age limit of 34.

Apply Online For RBI Recruitment 2024

The application process for RBI Recruitment 2024 mandates adherence to the following steps:

  1. Log on to the official website of RBI at Opportunities.rbi.org.in.
  2. Navigate to the “Current Vacancies” tab on the homepage.
  3. Please click on the provided link to access the direct recruitment for Grade ‘B’ officers’ posts in the year 2024.
  4. Finish your registration by completing and submitting the application form. Ensure you upload all required documents and pay the examination fee.
  5. Save the filled application form on your device.
  6. Generate a printout for future reference.

Application fees: The application fee for General/OBC/ESWS categories is Rs. 850, while for SC/ST/PwBD categories it is Rs. 100. After you finish filling out the application form, proceed to the payment section to submit the necessary fees. Once your payment is confirmed, you will receive an email confirming the submission of your application.

RBI Grade B Recruitment 2024 Salary

The candidates who have been chosen for the RBI Recruitment 2024 Grade B positions receive an attractive remuneration package. They are entitled to a starting monthly basic pay of Rs. 55,200. On top of that, they are eligible for several allowances including grade pay, inflation allowance, local compensatory allowance, special grade pay, educational allowance, and housing rent allowance, as per the prevailing regulations.

Currently, the approximate initial monthly emoluments (excluding HRA) come up to an impressive Rs. 1,16,914. However, if the bank does not provide housing accommodation, a 15% housing rent allowance is added to this amount.

Selection Process For RBI Recruitment 2024

The RBI Recruitment 2024 Grade B exam selection process consists of three distinct phases:

  1. Phase 1 – Online Objective Test: This stage is a crucial qualifying round, requiring candidates to meet sectional cutoffs. It consists of 200 questions to be answered within a time limit of 120 minutes.
  2. Phase 2 – Online Objective Test: This stage requires thorough preparation, with both objective and descriptive sections. Each section is given a specific timeframe to ensure meticulousness.
  3. Group Discussion and Interview: The final phase entails a thorough assessment through group discussions and individual interviews, resulting in the merging of scores from this phase and Phase 2 to establish the ultimate outcome.

The forthcoming RBI Recruitment 2024 presents a gateway of opportunities for aspiring candidates seeking a rewarding career in the banking sector. With an exhaustive understanding of the eligibility criteria, application process, selection methodology, and associated remuneration, candidates are poised to embark on their journey towards realizing their aspirations within the esteemed corridors of the Reserve Bank of India. As the recruitment drive unfolds, may diligent preparation and unwavering determination pave the path to success for all prospective applicants.

2 thoughts on “RBI Recruitment 2024 Grade B Notification, Apply Online, Vacancies”

  1. Is there relaxation in upper Age limit for SC/ST/OBC beyond the maximum age stipulated?
    Those already in service with PSU Banks, should submit their application proper channel?

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