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  • Last Modified 02-05-2023

RBI Grade B Notification 2023 Released: Check Vacancy, Exam Dates

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RBI Grade B Notification 2023: The Reserve Bank of India (RBI) released the RBI Grade B official notification for recruitment of officers in Grade ‘B’ (DR)- General, DEPR, and DSIM. The notification includes all the important details about the exam, such as exam date, number of posts, application form dates, and so on. We have provided all latest updates on the notification release and other details in this article.

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RBI conducts the Grade B officer exam every year to select suitable candidates for its branches across the country. In this article, candidates can find all the important related to the RBI Grade B notification. Continue reading this article to know everything about the RBI Grade B vacancy, phase-wise exam dates, and other crucial details.

RBI Grade B Notification Details 2023 

Every year, RBI conducts recruitment for Grade B Officer posts. Candidates can check this article to get complete details on RBI Grade B Recruitment exam. Find dates, eligibility, selection process, salary, syllabus, exam pattern, and other details. But before getting into the detailed information, let us first go through the overview of the RBI Grade B 2023 recruitment process below:

ParticularsDetails
Name of RecruitmentRBI Grade B
Name of PostOfficer Grade B – General, Officer in Grade B – DEPR, and Officer Grade B – DSIM
Conducting BodyReserve Bank of India (RBI)
Level of ExamNational-level Exam
Frequency of ExamAnnual
Job LocationAnywhere in India
Application ModeOnline
Selection Process  Phase I, Phase II, and Interview
Official Website rbi.org.in

RBI Grade B 2023 Notification Release Date

Candidates can check the table below to know the important dates of various events as per the RBI Grade B notification 2023:

EventsDates
RBI Grade B Admit Card 2023 (General)- Phase 1To be Announced
Officers in Gr B (DR)- General Phase I ExamJuly 9, 2023
RBI Grade B Admit Card 2023 (General)- Phase 2To be Announced
Officers in Gr B (DR)- General Phase II ExamJuly 30, 2023
RBI Grade B Admit Card 2023 DEPR- Phase 1To be Announced
Officers in Gr B (DR) – DEPR Phase I ExamJuly 16, 2023
Release of Phase II DEPR Admit CardTo be Announced
Officers in Gr B (DR) – DEPR Phase II ExamSeptember 2, 2023
RBI Grade B Admit Card 2023 DSIM- Phase 1To be Announced
Officers in Gr B (DR) – DSIM Phase I ExamJuly 16, 2023
Release of Phase II DSIM Admit CardTo be Announced
Officers in Gr B (DR) – DSIM Phase II ExamAugust 19, 2023
Interview DatesTo be Announced

RBI Grade B Vacancies

The official RBI Grade B vacancies 2023 will be released along with the notification. However, candidates can check the previous year’s vacancy to get an idea for this year’s recruitment. Candidates can check the previous year’s RBI Grade B vacancies from the table below:

PostsVacancy
Officers in Grade ‘B’ (DR) – General222
Officers in Grade ‘B’ (DR) – DEPR38
Officers in Grade ‘B’ (DR) – DSIM31
Programme Coordinator (College of Supervisors) on contract basis2
Communication Consultant Media Analyst on contract basis1
Total294

RBI Grade B Eligibility Criteria 2023

The RBI Grade B 2023 notification clearly specifies the set of eligibility criteria that a candidate must fulfil if they want to successfully apply for the RBI Grade B exam. A brief of the RBI Grade B eligibility criteria is given below:

Nationality

Candidates having valid proof of Indian citizenship, and are citizens of any Indian state only can apply for the examination. Also, subjects of Bhutan and Nepal are also eligible to apply for the examination with valid consent from the central government.

Educational Qualification

A major change has been introduced in the norms of the RBI Grade B eligibility criteria by the officials. Earlier, it was mandatory to hold a minimum percentage in Classes 10 and 12 in order to apply for the RBI Grade B exam. But from now on there are no such minimum percentage criteria for 10th and 12th standards. The requisite educational qualification is required for pursuing the next stage of the selection process.

CategoryEducational Qualification
Officers in Grade ‘B’ (DR) GeneralA graduation degree with a minimum of 60% marks is required (50% for SC/ST/PWD). Or post-graduation with equivalent technical qualification marks with a minimum of 55% marks in aggregate.
Officers in Grade ‘B’ (DR) DEPRMaster’s degree in economics with a minimum of 55% marks.
Officers in Grade ‘B’ (DR) DSIMMaster’s degree in statistics/mathematical statistics/mathematical economics/econometrics/statistics and informatics from IIT-Kharagpur/ applied statistics and informatics from IIT-Bombay with a minimum of 55% marks.

Age Limit

  • Candidates must be a minimum of 21 years and a maximum of 30 years of age.
  • However, candidates belonging to different categories have some age relaxations.

Maximum Number of Attempts

  • The unreserved/general category can only appear for the Phase I exam 6 times. After that, he/she is not allowed to apply for the exam.
  • Candidates belonging to SC/ST/OBC/PwD/EWS can appear as many times as they want within the permissible age limit.

RBI Grade B Application Process 2023

Once the RBI Grade B Notification 2023 is released, candidates can apply online for the post of Grade B Officer. Given below are the steps on how to apply for the RBI Grade B exam 2023:

  • 1st Step: Visit the official website of RBI.
  • 2nd Step: Click the option to apply online for the RBI Grade B exam.
  • 3rd Step: Fill in all the required fields and upload the necessary documents.
  • 4th Step: Once the form is filled, pay the application fee. Once the application fee is paid, the RBI Grade B application process is complete.

Application Fees for RBI Grade B

Check the category-wise application fees below:

CategoryApplication Fee
SC/ ST/ PwD CandidatesRs. 100/-
General/ OBC/ EWS CandidatesRs. 850/-

RBI Grade B Exam Pattern & Syllabus 2023

Reserve Bank of India has set the RBI Grade B exam pattern and syllabus for the recruitment exam. Candidates who wish to appear in the RBI Grade B exam must know the RBI Grade B syllabus and exam pattern thoroughly. The RBI Grade B syllabus and exam pattern for recruitment has been slightly different from that of previous years. Aspiring candidates can check the details in the linked articles.

The exam pattern and syllabus are different for DR (General), DEPR and DSIM. Aspirants are advised to look at the RBI Grade B Notification 2023 syllabus before starting their preparation for the examination.

RBI Grade B Preparation Tips

The competition for the RBI Grade B exam has become intense in the last few years as the number of candidates applying for the exam has surged. Therefore candidates must diligently prepare for the exam by making a systematic study and revision plan. Candidates should also take a sufficient number of the RBI Grade B mock tests to increase their confidence to attempt the actual exam.

Some of the best RBI Grade B preparation tips that have proven helpful for candidates have been listed below:

  • Refer to the best preparation material and books.
  • Prepare a timetable and give equal time for studying each subject. 
  • Attempting RBI Grade B previous year papers help to know the standard of the exam.
  • Solving RBI Grade B mock tests is highly recommended to analyse their performance and understand the type of questions asked in the exam.

RBI Grade B Result 2023

The RBI Grade B result is declared in the form of a PDF that contains the list of candidates who have been selected to appear for the final interview process. Candidates can check the RBI Grade B exam result at the official website of RBI.

RBI Grade B Salary 2023

The basic pay of a Grade B Officer in RBI is ₹ 55,200/- p.m. Furthermore, the pay scale is ₹ 55200-2850 (9)-80850-EB-2850 (2)-86550-3300 (4)-99750 (16 years). Apart from handsome pay, the employees working as Grade B Officers in RBI are provided multiple perks, benefits, and allowances.

Some of the allowances are Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance. Furthermore, the bank also pays the House Allowance of 15% of the basic pay, if they do not provide any accommodation. Thus, after considering all these perks, the initial monthly gross emoluments of RBI Grade B Officers are ₹ 1,08,404/- (approximately). Candidates can visit the linked article to know the detailed RBI Grade B salary structure.

RBI Grade B Probation Period

Once a candidate qualifies for all three phases of the Grade B Officer exam, they are appointed for a 2-year probation period. The duration of this probation period can be extended up to 4 years if RBI is not satisfied with the employee’s performance.

RBI Contact Details

Check out the contact details in case of any query related to the post of RBI Grade B recruitment: 

Helpline: 1800-222-366
Contact Timing: 9:30 A.M to 6:00 P.M on working days

Also, Check the following:

RBI Grade B Application FormRBI Grade B Admit Card
About RBI Grade B RecruitmentRBI Grade B Preparation Strategy
RBI Grade B Previous Year PapersCut-off of RBI Grade B
Books for RBI Grade BRBI Grade B Eligibility

FAQs on RBI Grade B Notification 2023

Find below some frequently asked questions related to the RBI Grade B Recruitment 2023:

Q: When will the official notification for the RBI Grade B officer recruitment 2023 be released?

Ans: The RBI is expected to release the RBI Grade B official notification soon on its official website.

Q: What posts are available under the RBI Grade B? 

Ans: The exam of RBI Grade B is conducted mainly for the three categories, namely Officers in Grade B (DR) – General, Officers in Grade B (DR) – DEPR, and Officers in Grade B (DR) – DSIM.

Q: Which subjects are covered in the RBI Grade B recruitment exam? 

Ans: The subjects covered under the RBI Grade B recruitment preliminary exam as per the official notification are  General Intelligence & Reasoning, General Awareness, and English Comprehension, and the subjects covered under the Grade B mains exam are English Language, Economics, and Social Issues.

Q: What is the selection procedure for the RBI Grade B officer?

Ans: The selection process for RBI Grade B Officers involves three phases. These three phases are the preliminary examination (Phase 1), main examination (Phase 2), and Interview. After the interview, the authorities will issue a final merit list of selected candidates.

Q: What allowances are given to the selected candidates apart from the RBI Grade B level basic salary? 

Ans: Apart from the RBI Grade B basic salary candidates will receive the Medical Allowance, Local Allowance, House Rent Allowance, Grade Allowance, Family Allowance, and Dearness Allowance.

We hope this article on RBI Grade B Notification 2023 has provided you with all the information related to the examination.

Stay tuned to Embibe for the latest updates related to the RBI Grade B Exam 2023.

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