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RBI 294 Officers Grade-B (General) Phase-2 Online Exam Result Download

Vacancy Circular No:

Reserve Bank of India (RBI)
invites applications for recruitment of 294 Grade B Officer

294 Grade B Officer

Job Location:

Central Office Building
Shahid Bhagat Singh Marg
, Mumbai, 400001 Maharashtra
Last Date: 18 April 2022
Employment Type: Full Time

Number of Vacancy: 294 Posts

RBI Jobs For Freshers
RBI Jobs For Freshers Recruitment 2022 Details
Job Role 294 Grade B Officer
Education Requirement Any Graduate, M.A, M.Sc
Total Vacancy 294 Posts
Job Locations Mumbai
Age Limit A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the January 01, 2022 i.e., he/she must have been born not earlier than January 02, 1992 and not later than January 01, 2001.
Experience 3 - 8 years
Salary 55200 - 99750(Per Month)
Posted on 30 Mar, 2022
Last Date To Apply 18 Apr, 2022

Educational Qualification: Any Graduate, M.A, M.Sc, MBA/PGDM

Direct Recruitment for the post of Officers in Grade ‘B’ (Direct Recruit-DR) (On Probation-OP) (General/DEPR/DSIM) Streams- Panel Year 2022

1. Post Name: Officers in Grade ‘B’

2. No of Posts: 294 

i. Officers in Grade ‘B’(DR)- General: 238

ii. Officers in Grade ‘B’(DR)- DEPR: 31

iii. Officers in Grade ‘B’(DR)- DSIM: 25

3. Minimum Educational Qualifications (as on January 01, 2022):

i. Officers in Grade ‘B’(DR)

a. Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.

b. Note: Graduation Level:

Any such course from a recognised University / Institute that is taken after Class XII and is at least of 3 years’ duration/ candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.

c. Post-Graduation Level:

Any such course from a recognised University / Institute that is taken after Graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to professional or technical Post-graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.

ii. Officers in Grade ‘B’(DR)- DEPR: Essential:

a. A Master's Degree in Economics (or any other master's degree where "Economics" is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics) OR

b. A Master's Degree in Finance (or any other master's degree where "Finance" is the principal constituent* of the curriculum / syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance) OR

c. PGDM / MBA with specialization# in Economics / Finance.

For a) to c) above, minimum 55 per cent marks or an equivalent grade in aggregate of all semesters / years from a recognized Indian or foreign University / Institute.

"Principal constituent" with respect to syllabus / curriculum means half or more of the total courses / electives / credits must be in Economics or Finance.

Specialization" in Economics / Finance means a third or more of the total courses / electives / credits in the second year must be in Economics / Finance.

iii. Officers in Grade ‘B’(DR)- DSIM: Essential:

a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR

b. 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

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

d. 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

4.  Pay Scale:

Selected Candidates will draw a starting basic pay of ₹ 55,200/-p.m. in the pay scale of Rs. 55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) 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 1,08,404/- (approximately) The House Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.

Pay Scale:
INR
55200 - 99750(Per Month)

Age Limit: A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the January 01, 2022 i.e., he/she must have been born not earlier than January 02, 1992 and not later than January 01, 2001.

Selection Procedure

1. Selection for the aforementioned posts will be done through ONLINE examinations in Phase - I and Phase - II and interview.

2. The Board does not furnish the mark-sheet to candidates. Marks obtained in Phase-I (Online exam) will be made available on the website (www.rbi.org.in) in an interactive mode, after shortlisting of candidates for Phase-II.

3. However, the marks obtained in Phase-II Examination and Interview will be made available on the Bank's web-site in an interactive mode only after declaration of the final result.

How to Apply:

1. Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts. Reserve Bank of India Services Board, hereinafter referred to as 'Board’, would admit to the Examinations all the candidates applying for the post with the requisite fee/intimation charges (wherever applicable) based on the information furnished in the ONLINE application and shall determine their eligibility only at the final stage i.e. interview stage

2. If at that stage, it is found that any information furnished in the ONLINE application is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for interview, claim any reimbursement towards travelling and can be removed from service without notice if he/she has already joined the Bank.

3. Candidates are required to apply ONLINE only through the Bank's website www.rbi.org.in. No other mode for submission of application is available.

4. Website Link Open For Online Registration of Applications and Payment of Fees/Intimation Charges: March 28, 2022 to April 18, 2022 (till 6:00 PM)

5. Detailed instructions for PwBD candidates regarding availing services of scribe and allotment of extra/compensatory time will be made available on the Bank's website (www.rbi.org.in) at the time of uploading of Admission Letters for examinations

6. The Online Applications can be filled up to April 18, 2022 till 06:00 PM.

(a) Candidates are required to apply only online using the website www.rbi.org.in and no other means/mode of application will be accepted. Detailed instructions for filling up online applications are available at which is available on the Bank’s website www.rbi.org.in.

i. The applicants are advised to submit a single application; however, if due to any unavoidable situation, if he/she submits another/multiple applications, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicant’s details, examination centre, photograph, signature, left thumb impression and handwriting undertaking, fee etc.

ii. The applicants who are submitting multiple applications should note that only the last completed applications with higher RID shall be entertained by the Board and fee paid against one RID shall not be adjusted against any other RID.

(b) All candidates, whether already in Government Service, Government owned industrial undertakings or other similar organisations, whether in a permanent or temporary capacity or as work charged employees other than casual or daily rated employees or those serving under the Public Enterprises are required to submit an undertaking in the Online application that they have informed in writing to their Head of Office/Department that they have applied for the Examination.

i. Candidates should note that in case a communication is received from their employer by the Board withholding permission to the candidates applying for/appearing at the examination, their application will be liable to be rejected/candidature will be liable to be canceled. At the time of joining, the recommended candidates will have to bring proper discharge certificates from their PSU/Government/Quasi-Government employer.


Important Dates:

Published on: 30 March 2022

Last date for application is: 18 April 2022

RBI 294 Officers Grade B Phase-1 Online Exam Admit Card

RBI 294 Officers Grade-B (General) Phase-2 Online Exam Result Download

For more details, please refer to official notification at

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About The Reserve Bank of India Recruitment

About The Reserve Bank of India

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.

Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

Official Address:
The Reserve Bank of India Central Office Building, Shahid Bhagat Singh Marg, Mumbai - 400001 Mumbai, Maharashtra 400001
Phone: 022 - 2260 1000
Fax: 022 - 2266 0358

The Reserve Bank of India was established on 1st April 1935. Its headquarters is located in Mumbai, Maharashtra.
Reserve Bank of India (RBI) controls the monetary policy of the Indian rupee. RBI was nationalised in the year 1949.
RBI plays an important part in the development strategy of the Government of India. It is a member bank of the Asian Clearing Union. RBI is also active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion (AFI).

The Reserve Bank of India recruitment offers great career opportunities for several posts such as Security Guard, Superintending Engineer (Vigilance), Chief Financial Officer, Junior Engineer (Civil), Junior Engineer (Electrical), Research Officer, Assistant Manager (Rajbhasha), Manager (Technical-Civil), Assistant Manager (Security), Medical Consultant, Fireman, Officer (General), Assistant.

Interested candidates can pursue courses in 10th standard, Chartered Accountant, Diploma in Civil Engineering or Degree in Civil Engineering, Diploma in Electrical or Electrical and Electronic Engineering or Degree in Electrical or Electrical and Electronic Engineering, MBBS degree in the allopathic system of medicine, 7th Std. pass, Bachelor's Degree or Master's Degree OR A Doctorate Degree OR Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor's Degree OR A Postgraduate Diploma in Management / MBA, Bachelor Degree in any discipline, for a great career at The Reserve Bank of India.

Frequently Asked Questions (FAQs)

How many vacancies are there?

There are 294 vacancies in total. 294 Grade B Officer: 294 Posts,

What is the Pay Scale for 294 Grade B Officer?

The Payscale is as follows 294 Grade B Officer: INR 55200 - 99750(Per Month),

When can I can apply for 294 Grade B Officer job at The Reserve Bank of India

You can go through the offical document provided, and follow the instructions to apply online. Always follow the dates mentioned in the official PDF.

Where will I be placed if selected?

The selected candidate will be placed in Central Office Building Shahid Bhagat Singh Marg, Mumbai

What is The Reserve Bank of India 294 Grade B Officer: 294 Posts, Application Last Date

The last date to apply for The Reserve Bank of India 294 Grade B Officer: 294 Posts, is 18th April, 2022

How can I apply for this job?

Complete information regarding this job is given on this page. Link to official document is also provided. The candidates are adivsed to go through it thorouly before Apply Online. If the job interests you and you are eligible for 294 Grade B Officer, then click on the apply online link given below. You can apply online. Remember the last date to apply for this job is 18th April, 2022