Dear Aspirants,

RBI Grade B 2019 full notification has been released. RBI Grade B Recruitment 2019 is released for the recruitment for Officers in Grade ‘B’(DR)- General, Officers in Grade ‘B’(DR)- DEPR, Officers in Grade ‘B’(DR)- DSIM.

Important Dates

EventsImportant Dates**
Website Link Open For Online Registration of Applications and Payment of Fees/Intimation ChargesSeptember 21-October 11, 2019
1. Officers in Gr B (DR) – GeneralPhase-I – Online ExaminationNovember 9, 2019
Phase-II – Paper I, II & III Online ExaminationDecember 1, 2019
2. Officers in Gr B (DR) – DEPR*Phase I – Paper – I – Online ExaminationNovember 9, 2019
Phase II – Paper – II & III
Online/Written Examination
December 2, 2019
(To be confirmed in Admit cards)
3. Officers in Gr B (DR) – DSIM@Phase I – Paper – I – Online ExaminationNovember 9, 2019
Phase II – Paper – II & III
Online/Written Examination
December 2, 2019
(To be confirmed in Admit cards)

 

Vacancies Details

PostNumber of Vacancies
Unreserved i.e., General (GEN/UR)Scheduled Castes (SC)Scheduled Tribes (ST)Other Backward Classes (OBC) $EWSs @TOTAL
1. Officers in Grade ‘B’(DR)- General6525114015156^
2. Officers in Grade ‘B’(DR)- DEPR9315220^^
3. Officers in Grade ‘B’(DR)- DSIM1124#4223

$ Candidates belonging to OBC category but coming in the ‘Creamy Layer’ are not entitled to OBC reservation. They should indicate their category as ‘General (GEN)’.
@Reservations for Economically Weaker Sections (EWSs) in recruitment is governed by Office Memorandum No.36039/1/2019-Estt(Res) dated 31.01.2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India.
Disclaimer: “EWSs vacancies are tentative and subject to further directives of Government of India and outcome of any litigation. The appointment is provisional and is subject to the Income & Asset certificate being verified through proper channels”. Benefit of reservation under EWSs category can be availed upon production of an ‘Income and Asset Certificate’ issued by a Competent Authority on the format prescribed by Government of India.
^Out of 156 vacancies for Grade ‘B’ (DR)-General, 7 vacancies are reserved for Persons with Benchmark Disability (PwBD) Category, viz. 2 vacancies for candidates of blindness and low vision; 1 vacancy for deaf and hard of hearing; 2 vacancies for locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy; and 2 vacancies for multiple disabilities from amongst persons, as detailed below in para 1 of Note for PwBD candidates.
^^Out of 20 vacancies for Grade ‘B’(DR)-DEPR, 1 vacancy is reserved for PwBD candidate under deaf and hard of hearing.
# includes 3 backlog vacancies.

Pay Scale

Selected Candidates will draw a starting basic pay of ₹ 35,150/- p.m. in the scale of Rs. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately ₹ 77,208/-(approx.)

Age

A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the 1st of September 2019 i.e., he/she must have been born not earlier than 2nd September 1989 and not later than 1st September 1998. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.

(b) The upper age-limit prescribed above will be relaxed.

Exam Fees

Sr. No.CategoryChargesAmount*
1.SC/ST/PwBDIntimation Charges only₹ 100/-
2.GEN/OBC/EWSsApplication fee including intimation charges₹ 850/-
3.STAFF@NilNil

Education Qualification

PostsMinimum Educational Qualifications (as on 01-09-2019):
1. Officers in Grade ‘B’ (DR) – (General)

• A minimum of 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

2. Officers in Grade ‘B’ (DR) – DEPREssential:

  1. 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 recognised Indian or Foreign University /Institute; OR

  2. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR

  3. 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 recognised Indian or Foreign University /Institute.

Note: SC, ST and PwBD candidates having second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters / years in Master’s Degree examination or equivalent recognized qualifications are eligible to apply.

Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.

Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.

d. (i) Candidates having Master’s Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

(ii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

3. Officers in Grade ‘B’ (DR) – DSIMEssential:

  1. 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 equivalent grade in aggregate of all semesters / years; OR

  2. Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR

  3. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; OR

  4. 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.

Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c) and (d) above is 50% or an equivalent grade in aggregate of all semesters/ years.

Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.

Note: (i) Candidates possessing M.Phil. and Ph.D qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.

(ii) Candidates with research / teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

Note I: The candidate must hold a degree of any of the Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be deemed as a University under Section-3 of the University Grants Commission Act, 1956, or possess an equivalent qualification from a Foreign University recognized by the Association of Indian Universities.

Note II: Some Universities/Institutes/Boards do not award Class or percentage of marks and allot Aggregate Grade Points (e.g. CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines criteria for conversion of Aggregate Grade Point into percentage of marks, the same will be accepted. However, where the University/Institute/ Board does not define criteria for conversion of Aggregate Grade Point into percentage of marks, in the degree/passing certificates, the undefined parameter(s) would be worked out as under:

Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10-point scaleAggregate Percentage of Marks
6.7560%
6.2555%
5.7550%

Note III: Aggregate Grade Point or percentage of marks where awarded would mean aggregate over the entire duration of the course.

Note IV: Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per Note II above.

Note V: The relaxation in minimum educational qualifications for SC/ST/PwBD candidates mentioned above is subject to reservation of vacancies under the respective post and category and identification of posts for PwBD as notified above.

IV. Number of Attempts: Candidates belonging to unreserved i.e. General Category, who have already appeared Six times for Phase-I Examination for this post/s in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PwBD/EWSs, if the posts are reserved for them.

Selection Process

Selection for the aforementioned posts will be done through ONLINE examinations in Phase – I and Phase – II and interview. Detailed scheme of selection is given at Appendix – II (Gr. B(DR)-General) / Appendix – Ill (Gr. B(DR)-DEPR) and Gr. B(DR)-DSIM) which are available on the Bank’s website www.rbi.org.in.