भारतीय ररज셍व बℂक Reserve Bank of India
Career With RBI About Us
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai. We have 31 offices including sub-offices located across the nation.
We are a full service Central Bank handling a variety of functions. For more information, please go through the information brochure. RBI does much more than you thought ! Supervisor of the Monetary Authority Financial System
Developmental & Regulatory Role
Currency Management
Overseeing Payments & Settlements Systems Banker to the Foreign Exchange Government & Banks Management Major Milestones….
1935 1969 1997 1998 Nationalisation of Ad hoc Treasury Operations begin 1974 1985 Multiple 14 major bills phased out on April 1 Introduction Financial indicator commercial ending of priority market approach for banks (six more automatic… sector reforms monetary 1950 were lending begin with policy India embarks nationalised in … on planned targets Sukhamoy adopted economic Chakravarty 1993 development. and Vaghul Exchange rate becomes The Reserve Committee market determined Bank becomes Reports active agent and participant
1973 1991 RBI India faces 1949 1966 strengthens balance of 1994 1997 Nationalisation Cooperative exchange payment Board for Regulation of of the Reserve banks come controls by crisis; pledges Financial Non-Banking Bank; Banking under RBI amending gold to shore Supervision Finance Regulation Act regulation Foreign 1975 up reserves. set up Companies enacted Exchange Regional Rupee strengthened Regulation Act Rural Banks devalued (FERA) set up Major Milestones….
2004 2010 2002 Transition to Year-long Platinum Jubilee Clearing Corporation of a full-fledged celebrations India Limited (CCIL) daily liquidity 2005 commences clearing and adjustment Focus on 2016 2019 settlement in government facility (LAF) financial 2007 RBI Act was amended to RBI securities completed. inclusion and RBI empowered to establish the Monetary introduces Market increasing the regulate Payment Policy Committee to set Ombudsman Stabilisation outreach of System scheme for Scheme (MSS) the banking digital introduced to sector transactions sterilise capital flows
2018 2020 RBI transfers 2000 2006 2008/9 RBI Pro-active surplus fund NEFT & Foreign of ₹ 1.76 Exchange empowered efforts to RTGS 24*7 2003 2004 to regulate minimise crore with the Management Fiscal Responsibility Real Time money, forex, impact recommendati Act replaces and Budget Gross ons of Bimal G-sec and of global 2011 FERA Management Settlement Jalan gold related financial Positioning RBI Act enacted System securities market crisis Committee commences as a knowledge institution Opportunities at RBI- A Career in Finance and Public Policy
Life with RBI is not just another job.
It’s a commitment. Commitment to serve the nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves. What to expect in a career at RBI?
Team up with the best minds
Spearhead reforms
Touch the lives of millions
Do research that matters
Join the global mainstream Highlights of work at RBI
Belongingness Intellectual Equal Make a Supportive HR Fulfillment Opportunity Difference Climate Employer
Think Together RBI Stability
Attractive Rewarding Skill Social Esteem Career Compensation Enhancement Perquisites & Benefits
In addition to the monthly emoluments, the Bank offers various perquisites and benefits* such as :
Bank's accommodation (subject to availability)
Reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility.
Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility.
Leave Fare Concession, Loans and Advances at concessional rates of interest for Housing, Vehicle, Education, Consumer Articles, Personal Computer, etc.
* subject to eligibility and extant terms & conditions Work Culture
RBI emphasizes on its accommodative work culture and boasts of a bouquet of employee friendly policies including those designed especially for lady employees.
Maternity benefits
Office pick-up Women- and drop Centric Special facility (for odd hardship leave working hours) Policies
Flexi-work hours Our Presence
The RBI has 31 Offices and sub-offices - most of them in state capitals. Its Central Office is in Mumbai. It has two training establishments - one each in Chennai and Pune. In addition, it also has four Zonal Training Centres, one each in Mumbai, New Delhi, Kolkata and Chennai.
During your career, you will get a chance to work in different departments and centers. Grade ‘B’ -DR-General Stream Selection Process
a) Phase I - Objective Type MCQ Test with 4 modules viz. General Awareness, Quantitative Aptitude, Reasoning, English Language
b) Phase II – Mixed Pattern - Paper I Economic & Social Issues Paper II English Descriptive Paper III Finance & Management c) Interview
Note: We also have recruitment in specialised streams. For details, please visit our website https://rbi.org.in How to apply?
Candidates are advised to ensure their eligibility for the posts before applying.
Candidates are required to apply ONLINE only through the Bank's website https://rbi.org.in
Visit the URL “Recruitment for the post of “Officers in Gr.’B’ (DR) General/DEPR/DSIM” on Bank's website i.e. www.rbi.org.in >Opportunities@RBI >Current Vacancies > Vacancies and click on the hyperlink “Online Application Form”
Candidates will have to enter their details and upload the photograph, signature, left thumb impression and a hand-written declaration in the online application form as per the specifications given Thank you!