RBI Grade B 2023 Notification, Exam Date, Eligibility

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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 B 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

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 2023 – 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/UR  EWS  OBC  SC  ST  PwBD (OH/HI/VH/MD) 
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.

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