RBI Grade B 2023
RBI Grade B Notification 2023: The Reserve Bank of India conducts the RBI Grade B recruitment process every year. The RBI will starts the online application process on its official website for recruiting eligible candidates for filling Grade B Officers Posts. Selection for RBI Grade B Officers will be done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview. Bookmark this article for all the updates regarding RBI Grade B Notification 2023.
RBI Grade B 2023- Overview
Reserve Bank of India is all set to recruit eligible candidates for RBI Grade B 2023 on its official website. The candidates can go through the RBI Grade B 2023 Notification highlights from the below table.
|RBI Grade B 2023 Notification|
|Organization||Reserve Bank of India|
|Name of Exam||RBI Grade B Officer Exam|
|Vacancies||To be Notified|
|Online Registration Starts||To be Notified|
RBI Grade B 2023 Notification
The detailed notification will be published soon for RBI Grade B vacancies depicting online registration & exam dates. The official notification pdf for RBI Grade B 2022 will be released soon on the official website @rbi.org.in. The official notification includes eligibility criteria, exam pattern, and other important details. Download RBI Grade B last year’s notification pdf given below.
RBI Grade B 2023- Important Dates
|RBI Grade B Notification||To be notified|
|RBI Grade B Apply Online 2023 Starts|
|Last date to submit the online application form|
|RBI Admit card for Phase-I Exam|
|Officers in Gr B (DR)- General Phase-I – Online Examination|
|Officers in Gr B (DR)- Phase-II – Paper I, II & III Online Examination|
|Officers in Gr B (DR) – DEPR- Phase I – Paper – I – Online Examination|
|Officers in Gr B (DR)- DEPR- Phase-II – Paper I, II & III Online Examination|
|Officers in Gr B (DR)- DSIM- Phase I – Paper – I – Online Examination|
|Officers in Gr B (DR)- DSIM- Phase I – Paper – II & III – Online Examination|
|RBI Grade B Final Result 2022|
RBI Grade B 2023 Vacancy
RBI Grade B Vacancy 2023 will be announced with the Group B notification pdf. The total number of vacancies will be announced for the RBI Grade B 2023 soon. Last year, RBI introduced 294 vacancies this year. Let’s have a look at the vacancy distribution for RBI Grade B 2022 Exam.
|Post Name||RBI Grade B Vacancies|
|Officers in Grade ‘B’(DR)- General||109||32||15||59||23||238|
|Officers in Grade ‘B’(DR)- DEPR||11||04||5||8||3||31|
|Officers in Grade ‘B’(DR)- DSIM||7||7||5||4||2||25|
RBI Grade B 2023 Online Application
The RBI Grade B online applications will be activated soon to accept online applications from the eligible candidates. Applicants can apply from the official website or from the direct link provided below. The candidates are suggested to apply for the various posts on or before the last date to avoid the last-minute hassle.
RBI Grade B Application Fee
Candidates can check the category-wise Application Fee for the RBI Grade B 2023 in the table below.
|Staff of RBI||Nil|
RBI Grade B 2023 Eligibility Criteria
Candidates should be able to fulfill the mentioned requirements to be able to apply online for RBI Grade B Exam.
The candidate must be a citizen of India or a subject of Nepal or Bhutan, or a Tibetan refugee who is permanently settled in India before January 1, 1962, or a person of Indian origin who has migrated from either Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam intending to reside permanently in India.
RBI Grade B Age Limit
Minimum age limit: 21 years
Maximum age limit: 30 years
Age Relaxation is as per Govt. norms as given below:
|Physically Handicapped||10 years|
RBI Grade B Educational Qualifications
Given below are the educational qualification requirements to join RBI as a Grade B officer as per the vacancies in RBI Grade B Recruitment 2023.
(a) Officers in Grade ‘B’ (DR)–(General): Minimum 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters/years
(b) Officers in Grade ‘B’ (DR)–DEPR: 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 recognized Indian or Foreign University /Institute; OR PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; OR 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 recognized Indian or Foreign University /Institute.
(c) Officers in Grade ‘B’ (DR)–DSIM: 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 (aggregate of all semesters/years) OR Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from a reputed Institute OR M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks (aggregate of all semesters/years) OR 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 Exam Number of attempts
The RBI has specified the number of attempts for each category. Check the number of attempts category-wise below.
- General Candidates: 6 Attempts,
- SC/ ST/ OBC/ PWD Candidates: No bar on number of attempts.
RBI Grade B Exam Pattern
RBI Grade B 2023 Exam will be conducted in three phases:
- Phase-I or Prelims;
- Phase-II or Mains
Candidates are required to clear all three phases to get a confirmed post as a Grade B Officer in the Reserve Bank of India. The Final merit list will be based on candidates’ performance in the main exam and interview round.
RBI Grade B Exam Pattern For Prelims Exam
- The RBI Grade B Prelims exam will be of 200 marks with a total time duration of 120 minutes.
- There will be a specific sectional duration which will be mentioned in the admission letter.
- There will mainly be four sections
RBI Grade B Exam Pattern For Mains Exam
The candidates who qualify for the Prelims will be eligible to appear for the mains exam or Phase 2.
- There are three separate papers in the main exam.
- For RBI Grade B Officers in Gr B (DR)- General, candidates have to appear for Paper I, II, and III.
- For RBI Grade B Officers in Gr B (DR)- DEPR & DSIM, candidates have to appear for Paper-II, and III.
- Paper I & III are 50% Objective & 50 % descriptive while Paper- II is Descriptive only.
- Each paper will be of 100 marks.
- The English paper is a descriptive test.
RBI Grade B Officer Interview
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II, and Paper-III of the Phase II exam. The interview process will carry 75 marks.
RBI Grade B Syllabus
As you know that there will be three phases for the selection of RBI Grade B Officers. The first two being the written tests and the third being the Interview.
The RBI Grade B phase-1 exam is an objective type examination conducted online. It will have 4 sections: General Awareness, English Language, Quantitative Aptitude, and Reasoning
The RBI Grade B Phase II Exam is both objective & descriptive type. This phase will focus upon Economic & Social Issues, English Language and Finance & Management
|Reasoning||Quantitative Aptitude||English Language||General Awareness|
Machine Input Output
Ordering and Ranking
Arrangement and Pattern
Direction and Distance
|Ratio and ProportionAverage
Time and Work
Speed, Distance and Time
Permutation and Combination
Fill in the Blanks
Indian Financial System
Indian Banking System
RBI Grade B Salary Structure
The candidates selected for the post of Officers through the RBI Grade B 2023 Exam will be given a salary of 12-14 Lac annually. The Exact Pay Scale for the RBI Grade B Officer is Rs 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750. Candidates will have a Basic Pay of Rs. 55,200/- in which he/she will get an increment of Rs. 2850/- till nine years of their service.
After the completion of these nine years, the officers will get into the executive band wherein the basic pay will increase to Rs. 80,850/- and then again for the next two years there will be an increment of Rs. 2850/- and further an increment of Rs. 3300/- for the following 4 years. Thus a candidate will be ending up with the basic pay of Rs. 99,750/- and this is when he/she doesn’t even go through any promotion.
Apart from the Basic Pay, multiple allowances such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, etc. are also provided to candidates post they’re joining to the post of Officer in RBI.
RBI Grade B 2023 Admit Card
Candidates who are going to appear in the exam must download RBI Grade B Admit Card from the direct link or official website. The admit card for RBI Grade B Exam will be issued to candidates separately for Prelims & Mains. Candidates who successfully submit their RBI Grade B Online Application Form will be issued a Prelims Call Letter and the Mains Admit Card will be issued to candidates who will qualify for the prelims round of the RBI Grade B 2022 Exam.
RBI Grade B 2023 Result
RBI Grade B Result for the Prelims Exam will be released by the Reserve Bank of India soon after the Prelims Exam has been conducted. The marks secured by the candidates in the RBI Grade B Exam in Prelims, Main Exam, and Interview will be available on the Bank’s website only after the declaration of the final result. The merit list is prepared in descending order of the marks obtained by candidates after the interview process is complete.
RBI Grade B Cut Off
The cut off for RBI Grade B 2023 will be released after each phase of the examination is completed. The cut-off for the Prelims exam will be released first followed by the cut-off for the Mains exam. Candidates can evaluate their marks and their chances of selection by matching their scores with the cut-off list released by RBI. In the meanwhile, you can have a look at the previous year’s cut-off to get an idea as to how much would you need to secure to get through RBI Grade B Exam 2023.
RBI Grade B 2023- FAQs
Q1. When will RBI Grade B Notification 2023 release?
Ans. No exact dates has been announced by RBI to release RBI Grade B Notification 2023.
Q. What is the age limit for posts announced under RBI Grade B Recruitment 2023?
Ans. Minimum age limit- 21 years and the Maximum age limit- 30 years. Age Relaxation as per RBI norms.
Q. Can final year students apply for RBI Grade B Recruitment 2023?
Ans. No, only candidates who have completed their graduation can apply for RBI Grade B Posts.
Q. How many attempts are specified to appear in RBI Grade B Officer Exam?
Ans. For general candidates, there are 6 attempts specified, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates
Q. Is there any negative marking for RBI Grade B Exam?
Ans. Yes, there is a negative marking of 0.25 marks for every incorrect answer in RBI Grade B.
Q. What is the selection procedure followed for RBI Grade B Posts?
Ans. The selection will be done based on three stages:
- Phase-I or Prelims;
- Phase-II or Mains