RBI Grade B 2023 Notification: The Reserve Bank of India (RBI) conducts the RBI Grade B 2023 Officer Exam annually to recruit eligible candidates for the position of Grade B officer in its various branches across the country. The attractive pay scale and reputed job profile offered by the Reserve Bank of India attract thousands of candidates to appear for this examination every year. However, there are only a limited number of RBI Grade B vacancies available for this position, making it crucial for candidates to prepare effectively for the RBI Grade BÂ exam. The selection process for RBI Grade B Officers includes a country-wide competitive examination in three phases, namely the Preliminary and Main examination, followed by an interview.
You Can Also Check: RBI Grade B Previous Papers & RBI Grade B Syllabus
RBI Grade B Notification 2023
The Reserve Bank of India (RBI) will publish the RBI Grade B notification 2023 PDF to recruit eligible candidates for the post of Grade B Officer Exam on the official website https://www.rbi.org.in. It is a great chance for graduates seeking employment opportunities in the Reserve Bank of India (RBI). The RBI Grade B 2023 exam comprises a three-phase selection process, and candidates who pass Phase-I & Phase-II are invited for the final interview process.
RBI Grade B Recruitment 2023
The Reserve Bank of India (RBI) conducts the RBI Grade B exam at a national level for candidates aspiring to join the banking sector. The Grade B Officer post in RBI offers an attractive salary and a respectable job profile, which is why the competition for this exam is increasing every year. The RBI Grade B Notification 2023 will be released for various posts, including:
- Officers in Grade ‘B’ (DR) – (General)
- Officers in Grade ‘B’ (DR) – DEPR
- Officers in Grade ‘B’ (DR) – DSIM
RBI Grade B Exam Details
| RBI Grade B 2023 | |
| Organization | Reserve Bank of India |
| Exam Name | RBI Grade B 2023 |
| Posts | Grade B Officers |
| Category | Government Jobs |
| RBI Grade B 2023 Online Registration | To be announced |
| Selection Process | Phase I, Phase II & Interview |
| RBI Grade B Salary | Rs. 55,200/- Basic Pay [Revised] |
| Job Location | Across India |
| Official website | rbi.org.in |
RBI Grade B 2023- Important Dates
| RBI Grade-B 2023: Important Dates | |
|---|---|
| Events | Dates |
| Release of RBI Grade B Notification | To Be Updated |
| RBI Grade B Online Application Form Starts | To Be Updated |
| RBI Grade BOnline Application Last Date | To Be Updated |
| RBI Grade B Online Payment of Application Fees Last Date | To Be Updated |
| RBI Grade B Phase-I Admit Card | To Be Updated |
| RBI Grade B Phase-I Exam Date | To Be Updated |
| RBI Grade B Phase-II Admit Card | To Be Updated |
| RBI Grade B Phase-II Exam Date | To Be Updated |
RBI Grade B 2023 Exam Date
The RBI Grade B Exam Date for 2023 has not been officially announced yet. However, as per the RBI Exam Calendar, the exam is tentatively scheduled to be conducted in the first half of 2023. The exact dates for the Prelims, Mains, and Interviews will be announced with the release of the official notification. Candidates are advised to keep a check on the RBI official website for the latest updates regarding the exam dates.
| RBI Grade-B Exam Dates 2023 | ||
| RBI Grade-B Events | Date | |
| Officers in Gr B (DR)- General | Phase-I – Online Examination | — |
| Phase-II – Paper I, II & III Online Examination | — | |
| Officers in Gr B (DR) – DEPR | Phase I – Paper – I – Online Examination | — |
| Phase II – Paper – II & III Online/Written Examination | — | |
| Officers in Gr B (DR)- DSIM | Phase I – Paper – I – Online Examination | — |
| Phase II – Paper – II & III Online/Written Examination | — | |
| Interview Process | To be notified | |
| Declaration of Final result | To be notified | |
RBI Grade B 2023 Vacancy
RBI will release the total number of vacancies for the upcoming RBI Grade B 2023 exam through its official notification. In the previous year, RBI announced 294 vacancies. Candidates can refer to the vacancy distribution for the RBI Grade B 2022 Exam.
| Posts | Number of Vacancies | |||||
| GEN/UR | SC | ST | OBC | EWSs | TOTAL | |
| 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 |
| Total | 127 | 43 | 25 | 71 | 28 | 294 |
RBI Grade B 2023 Eligibility Criteria
RBI Grade B Citizenship & Nationality
The eligibility criteria for the candidate are as follows:
- Must be an Indian citizen
- Must be a Nepalese citizen
- Must be a Bhutanese citizen
- Must be a Tibetan refugee who arrived in India before January 1, 1962, with the intention of settling permanently in India.
- A person of Indian origin who migrated from Pakistan, Burma, Sri Lanka, Kenya, Tanzania, Uganda, Zambia, Malawi, Zaire, Ethiopia, or Vietnam with the intention of permanently settling in India.
RBI Grade B Age Limit
The RBI Officer (Grade ‘B’) examination has a minimum age requirement defined by the RBI. To apply for the RBI Grade B exam 2023, candidates must be between the ages of 21 years and 30 years, inclusive. However, for candidates with M.Phil. and Ph.D. qualifications, the upper age limit will be 32 and 34 years, respectively.
RBI Grade B Age Relaxation
The Board has decided to provide relaxation in the upper age limit to candidates belonging to the reserved category, in accordance with the rules.
| Category | Age relaxation |
| SC/ST | 5 years |
| OBC | 3 years |
| Physically Handicapped | 10 years |
| PH + OBC | 13 years |
| PH + SC/ST | 15 years |
RBI Grade-B Educational Qualification
RBI Grade-B Educational Qualification
| Posts | Minimum Educational Qualifications |
| Officers in Grade ‘B’ (DR) – (General) | Candidates should have a graduation degree in any discipline or an equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PwBD applicants). Alternatively, candidates with a post-graduation degree or an equivalent technical qualification should have a minimum of 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.
Note: Candidates who have completed a full-time course of at least 3 years’ duration from a recognized university or institute after Class XII or possess professional and technical qualifications recognized by the government as equivalent to professional and technical graduation are eligible for admission to the examination. In addition, candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India are also eligible to apply for the post. Alternatively, candidates who have completed a full-time course of at least 2 years’ duration from a recognized university or institute after graduation, or have a qualification recognized by the government as equivalent to post-graduation, are eligible for admission to the examination. |
| Officers in Grade ‘B’ (DR) – DEPR | a. To be eligible for the exam, candidates should possess a Master’s Degree in Economics, Econometrics, Quantitative Economics, Mathematical Economics, Integrated Economics Course, or 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 b.PGDM/MBA in Finance with an aggregate of at least 55% marks or an equivalent grade from a recognized Indian or foreign University/Institute. OR c.A Master’s Degree in Economics in any of the sub-categories such as 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. d. (I) Candidates who possess a Master’s Degree along with teaching or research experience from a recognized Indian or Foreign University/Institute will be eligible for relaxation in the upper age limit to the extent of the number of years of such experience, subject to a maximum of three years. However, the probationary period will not be included while calculating the experience. |
| Officers in Grade ‘B’ (DR) – DSIM | Essential:
a. To be eligible, 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 a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years. OR b. A 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 post-graduate diploma in Statistics or related subjects from a reputable Institute. OR c. A minimum of 55% marks in aggregate of all semesters/years in M. Stat. Degree from the Indian Statistical Institute. OR d.A minimum of 55% marks or equivalent grade in aggregate of all semesters/years is required for admission to the Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta. |
RBI Grade B 2023 Online Application
The commencement of the online application process for the RBI Grade B 2023 exam is set to coincide with the release of the RBI Grade B Notification 2023. To register for the RBI Grade B Exam 2023, candidates must submit their application forms online. Once the application process for the RBI Grade B 2023 exam begins, interested candidates may access the online application form through the provided link and complete it.
RBI Grade B 2023Â – Apply Online Link
| RBI Grade B – Important Link | |
| RBI Grade B 2023 Application Form Link | rbi.org.in |
| AVIEW Home Page | aview.in |
RBI Grade B 2023 Selection Process
The RBI Grade B 2023 Exam is divided into three phases. The Prelims examination consists of objective-type questions, whereas the Mains examination consists of both objective and descriptive tests.
- Phase-I exam
- Phase-II exam and
- Interview process
RBI Grade B 2023 Salary
The RBI Grade B Officer’s pay scale is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). This indicates that the basic pay will be Rs. 55,200/- with an annual increment of Rs. 2850/- for the first nine years of service. After nine years, the basic pay will be Rs. 80,850/-, and for the next two years, an annual increment of Rs. 2850/- will be given, followed by an annual increment of Rs. 3300/- for the following four years, resulting in basic pay of Rs. 99,750/-. This is the pay scale without any promotions. Additionally, various emoluments, including Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, etc., will also be provided.
RBI Grade B 2023 Exam Pattern
In the RBI Grade B 2023 exam, there is a negative marking of 0.25 marks for each incorrect answer in the objective type papers of both Prelims and Mains examinations. However, there is no negative marking for unanswered questions or for questions that are left unattempted.
Prelims
| SNo | Section Asked | No. of Questions | Maximum Marks | Duration |
| 1. | General Awareness | 200 | 200 | Composite time of 2 hours |
| 2. | Quantitative Aptitude | |||
| 3. | English Language | |||
| 4. | Reasoning |
Mains
| S No | Sections / Subjects | Paper Type | Maximum Marks | Duration (minutes) |
| 1. | Paper I: Economics and Social Issues | 50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard) | 50 50Total-100 |
30 90Total-120 |
| 2. | Paper II: English (Writing Skills) | Descriptive (3 questions) | 100 | 90 minutes |
| 3. | Paper III: Finance and Management | 50% Objective Type and 50% Descriptive | 50 50Total-100 |
30 90Total-120 |
RBI Grade B 2023 Exam Syllabus
The syllabus for RBI Grade B 2023 Exam is vast and covers various topics. Here are the major sections that will be covered in the exam:
| English | Quantitative Aptitude | Reasoning | General Awareness |
| Grammar | Mensuration | Puzzles | Banking & Financial Awareness |
| Vocabulary | Time and Work | Seating Arrangement | Monetary Policies |
| Error Spotting | Average, Ratio, Percentages | Directions and Distance | Economic Terms |
| Comprehension | Speed, Distance and Time | Data Sufficiency | Current Affairs |
| Passage Making | Mixture and Allegations | Blood Relations | Financial & Economics News |
| Jumble Words | Permutation and Combination | Syllogism | Static GK |
| Fill in the Blanks | Data Interpretation | Coding-Decoding | Government Schemes, Agreement & Deals |
| Sentence Framing | Probability | Inequality | Banking terms, rates, processes |
Candidates should prepare for each section thoroughly to qualify for the RBI Grade B 2023 Exam.
RBI Grade B 2023 Exam Centers
RBI Grade B Exam Centers for Phase-I Exam
| States /UTs | RBI Grade B Exam Centers for Prelims |
| Andaman & Nicobar | Port Blair |
| Andhra Pradesh & Telangana | Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram |
| Arunachal Pradesh | Itanagar, Naharlagun city |
| Assam | Dibrugarh, Guwahati, Jorhat, Silchar |
| Bihar | Bhagalpur, Muzaffarpur, Patna |
| Chandigarh | Chandigarh |
| Chattisgarh | Raipur, Bhilai |
| Daman & Diu | Jamnagar |
| Goa | Varna |
| Gujarat | Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara |
| Haryana | Hissar, Karnal, Rohtak |
| Himachal Pradesh | Dharamsala, Shimla |
| Jammu & Kashmir | Jammu |
| Jharkhand | Bokaro, Dhanbad, Jamshedpur, Ranchi |
| Karnataka | Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi |
| Kerala | Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil |
| Lakshadweep | Kavaratti |
| Madhya Pradesh | Bhopal, Gwalior, Indore, Jabalpur |
| Maharashtra | Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur |
| Manipur | Imphal |
| Meghalaya | Shillong |
| Mizoram | Aizawl |
| Nagaland | Kohima |
| New Delhi | Delhi –NCR |
| Orissa | Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur |
| Puducherry | Cuddalore, Villupuram |
| Punjab | Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala |
| Rajasthan | Ajmer, Jaipur, Jodhpur, Kota, Udaipur |
| Sikkim | Gangtok, Bardang City |
| Tamilnadu | Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin |
| Tripura | Agartala |
| Uttar Pradesh | Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi |
| Uttarakhand | Dehradun, Haldwani, Nainital, Roorkee City |
| West Bengal | Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri |
RBI Grade B Exam Centers for Phase-II Exam
| Name of the Examination Cities | |
| Ahmedabad | Jammu |
| Bengaluru | Kanpur |
| Bhopal | Kochi |
| Bhubaneswar | Lucknow |
| Kolkata | Mumbai |
| Chandigarh | Nagpur |
| Chennai | New Delhi |
| Guwahati | Patna |
| Hyderabad | Pune |
| Jaipur | Thiruvananthapuram |
RBI Grade B 2023 Admit Card
The RBI Grade B Admit Card 2023 will be released for Phase-I and Phase-II exams separately. Only candidates who have qualified for the Phase-I exam of RBI Grade B will receive the admit card for the Phase-II Exam. The RBI will publish the RBI Grade B Admit Card on its official website, and candidates will not receive RBI Grade B Call Letters via mail or post.
RBI Grade B 2023 Exam Preparation
In order to achieve a high score in the RBI Grade B 2023 Exam, it is essential for every candidate to be familiar with the latest exam pattern and any changes in the syllabus. Candidates can adapt their preparation accordingly by solving mock test papers to self-evaluate and prepare effectively for the upcoming exam.
RBI Grade B 2023 Cut Off
The RBI Grade B Cut Off 2023 will be released after the declaration of the results of each phase of the examination. Candidates who score marks equal to or more than the RBI Grade B Cut Off will be eligible for the subsequent phase of the examination. The final cut off will be decided based on the cumulative marks of all phases of the examination. The RBI Grade B Cut Off 2023 will depend on various factors such as the difficulty level of the exam, the number of vacancies, and the number of candidates appearing for the exam. Check the previous year cut off from below table.
| RBI Grade-B Cut-Off 2022 for Phase-I Exam | ||||||
| Section | Category | |||||
| GENERAL/URÂ | EWSÂ | OBCÂ | SCÂ | STÂ | PwBD (OH/HI/VH/MD)Â | |
| GENERAL AWARENESS (Maximum Marks = 80) |
12.00 | 12.00 | 8.00 | 6.25 | 6.25 | 6.25 |
| REASONING (Maximum Marks = 60) |
9.00 | 9.00 | 6.00 | 4.75 | 4.75 | 4.75 |
| ENGLISH LANGUAGE (Maximum Marks = 30) |
4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 |
| QUANTITATIVE APTITUDE (Maximum Marks = 30) |
4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 |
| TOTAL SCORE/ Aggregate (Maximum Marks = 200) |
63.75 | 63.75 | 60.25 | 55.25 | 50.75 | 49.75 |
RBI Grade B 2023 Result
The RBI Grade B 2023 exam result will be declared on the official website of the Reserve Bank of India. The results will be announced separately for each phase of the exam. Candidates who have appeared for the exam can check their results by visiting the official website and entering their registration number and password. The RBI Grade B result 2023 will display the candidate’s scores, qualifying status, and cut-off marks for each phase of the exam. Candidates who qualify for all the phases of the exam will be called for the interview round. The final selection of candidates will be based on their performance in the interview round.
RBI Grade B 2023 – FAQ
What is the age limit to apply for RBI Grade B Exam?
The age limit to apply for RBI Grade B Exam is between 21 to 30 years.
What is the pay scale of an RBI Grade B Officer?
The pay scale of RBI Grade B Officer is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years).
When will the RBI Grade B 2023 Notification be released?
The RBI Grade B 2023 Notification is expected to be released in the second quarter of 2023.