RBI Grade B Recruitment 2024, Notification to be Out on 18 July

Every year, the Reserve Bank of India (RBI) conducts a national-level exam for recruiting eligible candidates for Grade B General, DSIM, and DEPR posts. The RBI Grade B Notification 2024 pdf with complete details is announced to be released on 18th July 2024 at www.rbi.org.in Those who wish to be hired at this bank for Grade B posts must be looking out for details related to this recruitment drive and have landed at right place. Here, you will get every important t information such as details related to eligibility criteria, selection process, application fees, and some other details as well.

RBI Grade B Notification 2024

A press release has been released by the Reserve Bank of India (RBI) on 26th June 2024 announcing that the RBI Grade B Notification 2024 pdf will be released on 18th July 2024. The detailed notification pdf will be released on the official website of the Reserve Bank of India https://www.rbi.org.in/. Once the notification pdf is released officially, the direct link to download the RBI Grade  Notification 2024 PDF will also be updated here.

RBI Grade B Notification 2024- Important Dates

Reserve Bank of India will release the RBI Grade B 2024 Online Registration dates, Exam Date and other important dates along with the official RBI Grade B Notification pdf on 18th July 2024. We will be sharing all the important dates of RBI Grade B 2024 in the table below to get a glance.

RBI Grade B Vacancy 2024

Reserve Bank of India (RBI) is going to announce the number of vacancies to be filled through the RBI Grade B Exam 2024 along with the detailed RBI Grade B Notification 2024. The vacancy details for RBI Grade B DR (General/DEPR/DSIM) will be notified category-wise and post-wise and it is expected that the the total number of vacancies will be around 300. Last year, it was 291.

RBI Grade B Recruitment 2024 Online Form

The online registration process for RBI Grade B Recruitment 2024 is expected to begin after 18th July 2024, interested candidates will be able to fill out their application form through https://www.rbi.org.in/. Candidates will also be provided with the direct link to apply for RBI Grade B Recruitment 2024 once the registration begins officially. All interested candidates must note that authorities will only call up candidates to appear for selection process whose online form will be correct and per terms of the Reserve Bank of India.

Application Fees for RBI Grade B Recruitment 2024

While filling out RBI Grade B Application Form 2024, candidates will be required to pay an application fee through online payment mode. Candidates must note that Reserve Bank of India will not accept any application without a prescribed fee. Those belonging to the General/EWS and Other Backward Classes will have to pay Rs. 850/- and those who are from SC/ST and PwBD categories will pay Rs. 100/-.

Note:- RBI Staff are exempted from paying application fees.

Eligibility Criteria for RBI Grade B 2024

Every candidate must meet certain eligibility criteria prescribed by Reserve Bank of India for RBI Grade B Recruitment 2024, including age limit and educational qualifications as parameters. For the upcoming recruitment drive, details regarding eligibility requirements will be mentioned in RBI Grade B Notification pdf.

Age Limit (As on 01/01/2024)

Candidates who are at least a minimum of 21 years of age as on 1st January 2024 and not more than 30 years are eligible to apply for General, DSIM, and DEPR posts under RBI Grade B Recruitment 2024.

Note: Exam Authority will also provide age relaxations of a few years for reserved categories. For example, OBC candidates will get 3 years of relaxation in the upper age limit and SC/ST candidates will get 5 years of age relaxation.

Educational Qualifications

For Officers in Grade ‘B’ (DR) – (General): Candidates must have a Bachelor’s degree in with at least 60% marks (50% for SC/ST/PwBD candidates) or a Master’s degree with at least 55% marks (pass marks for SC/ST/PwBD candidates) from a recognized university are also eligible.

For RBI Grade B (DEPR) Officers (Department of Economic and Policy Research): Candidates must have a Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course / Finance with at least 55% marks (pass marks for SC/ST/PwBD candidates).

For RBI Grade B (DSIM) Officers (Department of Statistics and Information Management): Candidates must have a Master’s Degree in Statistics / Mathematical Statistics / Mathematical Economics / Econometrics / Statistics & Informatics from IIT-Kharagpur / Applied Statistics & Informatics from IIT-Bombay with at least 55% marks (pass marks for SC/ST/PwBD candidates) or an equivalent grade from a recognized university. Alternatively, a Master’s Degree in Mathematics with at least 55% marks (pass marks for SC/ST/PwBD candidates) or an equivalent grade from a recognized university, and a one-year post-graduate diploma in Statistics or related subjects from an institute of repute.

RBI Grade B Selection Process 2024

Every year, a large number of candidates apply for RBI Recruitment 2024 for Grade B posts. To make the selection of eligible candidates easier, authorities follow a three-stage selection process. The candidates selected for various Grade B posts have to undergo a prelims exam, mains exam, and an interview. 

1. Prelims Exam:- The first phase of the selection process involves a prelims exam for 200 marks, candidates are required to score minimum qualifying marks.

2. Mains Exam:- Shortlisted candidates will appear for a mains exam specific for each post, and includes three papers.

3. Interview:- The candidates’ final selection is based on an interview round of 75 marks. Only the candidates passing prelims and mains examination will appear for a final selection round.