RBI Grade B Recruitment 2024 : Comprehensive Guide

Thanks to the Reserve Bank of India, applicants interested in the banking sector have great opportunities to build a career in this department. To outperform the competition, applicants must as well as-versed in the RBI Grade B exam 2023. To successfully pass the screening processes and land the desired position, aspirants must begin studying for the exam.

All details concerning the exam are drive from the notification of the previous year’s examination. For the most recent RBI Grade B Recruitment notification, syllabus, and exam pattern, please refer to our latest jobs notification page.

The authorized website has posted the 2022 RBI Grade B final result. On 21st October 2022, the roll number of applicants selected for an interview was made public. The aspirants who cleared the interview round can continue in the selection process and pursue their goals. To be able to pass the specified selection process, they must successfully head start their preparations.

What has changed for RBI Grade B in 2023?

The Reserve Bank of India doesn’t always throw unexpected curveballs at applicants throughout the hiring process. To prepare effectively for the exam and follow the path to success in addition applicants must take notice of all the latest changes.

  • RBI has made available the Assistant Manager positions along with the Grade B officer positions for the first time.
  • The application fee for the Assistant Manager position is Rs 600 for OBC, general, and EWS applicants.
  • Additionally, the RBI Grade B pay has increased from Rs 35, 150 to Rs 55, 200 per month.

RBI Grade B 2023 Recruitment: New Information

The latest notification for RBI Grade B Recruitment 2023 will be soon released by the authority on its official website. Moreover, all information regarding the RBI Grade B exam is urged for aspirants. They may begin to properly and efficiently prepare.

You can either navigate to the authorized website to receive the notification. Furthermore, bookmark this page to receive the most recent notification. To ensure they don’t miss any important information and to improve their study plan, applicants for the RBI Grade B recruitment exam should be well-versed in the most recent announcements and updates.

An Overview of the RBI Grade B Exam for 2023

The table below shows the detailed knowledge for the RBI Grade B exam. Candidates can view the relevant information and make a note of it by viewing the supplied pertinent parameters. The applicants will be able to formulate and execute an impeccable exam strategy. It helps in an accurate and appropriate analysis of all the exam-related details too.

An Overview of RBI Grade B Exam 2023

Exam Organising Agency (RBI) Reserve Bank of India
Profile RBI Grade B Officer
Official Notification Release Date
Frequency of Examination Annually
Openings (in 2022) 303
RBI Grade B openings in 2023
Selection Criteria Prelims Exam, Main Exam, and Interview
Exam Mode Online
Language Supported Hindi & English
Job Area Anywhere in India
Help desk Number of RBI 011-23711333

Job Openings in RBI Grade B 2023

Due to the RBI’s delay in issuing the announcement. The RBI published 238 open positions in its RBI Recruitment for Grade B Posts 2022 notification from the previous year. Below is a summary of the anticipated openings for the Grade B RBI Recruitment in 2023:

Profile Expected Openings
Officer (DR) RBI Grade B DSIM 25
Officer (DR) RBI Grade B General   150 – 30
Officer (DR) RBI Grade B DEPR 30
Total openings 200 – 255

Eligibility Requirements of RBI Grade B

Aspirants who are interested in and wish to apply for the RBI Grade B Recruitment 2023 must review the requirements and only do so if they meet the minimum requirements fixed by the RBI.

RBI Grade B Maximum Age

The applicants for the RBI Grade B Exam 2023 must be between the ages of 20 and 30. The aspirants applying for the position must be at least 21 years old as of 1st January 2023. The RBI Grade B officer’s age requirement is as follows:

  •       maximum age of 30 years
  •       minimum age of 21 years

Age Relaxation for RBI Grade B (Category Wise)

Some reserved categories are given the upper age relaxation. The following list includes the many categories for which there is an age relaxation for eligibility:

Category Maximum age relaxation
Ex-Employees 5 years
OBC 3 Years
Ex-Servicemen 5 Years
Aspirants from J & K 5 Years
Disabled Person 10 Years
SSCOs/ ECOs 5 Years
ST/ SC  5 Years

RBI Grade B Requirements for Education

The following is a list of the educational requirements to be able to apply for the RBI Grade-B Exam in 2023:

  •       Graduation from any graduate program in grade B (general).
  •       Grade B (DEPR): Post-graduate Degree in Econometrics, Economics, Quantitative Economics, Integrated Economics Course, Mathematical Economics, and Finance.
  •       (DSIM) Grade B: Post-graduate degree in mathematical statistics, statistics, econometrics, and mathematical economics.

    Number of Attempts for RBI Grade B

    While there are no restrictions for applicants who are ST/ SC/OBC/EWS/ PwBD, the General aspirants are only allowed to participate in the RBI Grade B Phase I exam six times.

Application Process for RBI Grade B Recruitment in 2023

The Reserve Bank of India will publish the application on its official website once it is available for RBI Grade B Recruitment, which has not yet been uploaded. The form can only be submitted electronically as a soft copy. All aspirants who wish to apply for the RBI Grade B Recruitment may do so by going to the official website as soon as the application is made available.

The following is the application procedure for the RBI Grade B Recruitment: –

  •       Visit the Reserve Bank of India’s authorised website at www.rbi.org.in.
  •     Click on the “Click Here for New Registration” link located in the top right corner of the authorised website’s homepage.
  •     After clicking, the applicants will be taken to a new window where they must enter all the necessary information.
  •     Verify the data you entered after providing all the necessary credentials. All applicants are urged to carefully and thoroughly review the registration form for any mistakes. Furthermore, no one is permitted to make changes after submitting the form.
  •       Once you have reviewed the form, press the “SAVE” option.
  •       You must now pay the desired fees.
  •       The form will automatically be submitted after you submit the registration fee.

When the application is successfully submitted, the aspirant will get a text message or email as a notification alert. Take a printout of the registration form and payment information. Before the planned day of the preliminary exam, aspirants have 10 days to download their admit cards or hall tickets for RBI Grade B examination.

Registration Fee for RBI Grade B Recruitment 2023

The applicant must pay for the application form in the final step of the registration process. Only through internet banking through the Reserve Bank of India’s authorised website is it possible to pay the application fee for the RBI Grade B Recruitment 2023.

Applicants can use NEFT, debit/credit card, or internet banking to pay the registration fee online. The applicants must print off the application form for future use after making the payment successfully.

Category Registration Fee
ST/ SC/Disabled Rs. 100/-
General       Rs. 850/-
OBC Rs. 850/-

Selection Criteria for RBI Grade B Recruitment 2023

There are three stages to the RBI Grade-B selection procedure. Phases I, II, and the interview stage. To take the Phase-II exam, the applicant must pass the Phase-I exam. They will be invited to the interview round if they pass Phase II of the examination. The final decision regarding which applicants to choose is made based on both their overall exam and interview performance.

PayScale & other Benefits of the RBI Group D 2023

One of the greatest pay structures in the banking industry is for RBI Grade B officers. The starting compensation for RBI Grade B officers will be Rs 77,208, including a basic pay of Rs 35,150. The applicants will stay encouraged to apply for jobs with RBI because of the RBI Grade B in-hand compensation.

The applicants must succeed in the RBI Grade B phase I, phase II, and interview stages to become part of the RBI. The candidates must complete a large number of practise exams to prepare for these exams adequately.

Numerous advantages are given to RBI Grade B officials, including

  •       a prestigious job description
  •       a reasonable salary
  •       Other RBI compensation and perks

Most Recommended Books for RBI Grade B

Best RBI Grade B books will be helpful for exam preparation. It is crucial to prepare thoroughly to pass the RBI Grade B test in one attempt because it is one of the most prestigious competitive banking exams. However, selecting the best books for the candidates can be challenging. The majority of applicants are perplexed when it comes to buying books. The hopefuls are advised by experts to select straightforward novels. The list of RBI Grade B books for the various exam phases and disciplines is presented here.

Subjects Best Preparation Books
Reasoning Ability
  • Analytical Reasoning by M. K. Pandey
  • Test of Reasoning by Edgar Thorpe
  • A modern approach to Non-Verbal & Verbal Reasoning written by R. S. Aggarwal
  • A New Approach to Reasoning: Non-Verbal, Verbal & Analytical by B.S.Sijwali 
Quantitative Aptitude
  • Sarvesh K. Verma’s Quantum CAT Book
  • R.S Agarwal’s Quantitative Aptitude for Competitive Examinations.
  • Rajesh Verma’s Fast Track Objective Arithmetic
  • M. Tyra’s Magical Book on Quicker Maths
English Language       

 

 

·       Objective English by S. P. Bakshi

·       High School English Composition & Grammar written by Wren and Martin

·       Norman Lewis’s Word Power Made Simple

 

General Awareness
  • Manorama Yearbook (latest edition) by Malayala Manorama
  • Kurukshetra Magazine
  • Monthly magazines
  • Banking Awareness by Arihant Experts
  • Lucent’s General Knowledge by Dr. Binay Karna

Helpful Tips for the RRB Grade B exam

Candidates might review the following basic advice to pass the RRB Grade B exam:

Knowledge of the Exam Pattern and Syllabus

Candidates should be familiar with the exam format and syllabus before starting their preparation. Candidates can better understand the exam’s overall structure by familiarising themselves with its pattern.

Do Lots of Practice

The only way to get high exam grades is to practise. Candidates should spend as much time as possible practising sample questions, past years’ papers, and mock exams. This will increase one’s knowledge of a subject and assist in overcoming last-minute anxiety.

Give the study schedule top priority

Prioritizing the study plan is essential. Determine how much time you should spend on each topic after making a list of the ones you wish to review. Pay attention to what you have already studied and understood.

Take note of your prior mistakes.

A candidate must analyse their mistakes after each mock test they take. They should make an effort to understand by examining where they are lacking.

FAQs

Is the notification for the RBI Grade B Officer released each year?

Yes, notifications for RBI Officer Grade B Officers are published annually. The RBI organises the RBI Grade B test every year to fill a sizable number of vacant positions with Grade B personnel.


What is the registration fee for the RBI Grade B Examination 2023?

Each category has a different registration fee required for the RBI Grade B Examination. There is an exception for RBI staff; there is no application cost required of RBI Staff. The application fee is Rs. 850 for General/OBC/EWSs and Rs. 100 for SC/ST/PWDs.


Can graduating seniors apply for the RBI Grade B recruiting in 2023?

No, only graduates are eligible to apply for the RBI Grade B Recruitment 2023.


Is RBI Grade B challenging to pass?

In comparison to other banking exams, RBI Grade B has a higher level of competition. Although the RBI Grade B Prelims structure is simpler, passing the RBI Grade B Mains is highly challenging. For RBI Grade B mains, applicants must practise writing answers a lot if they want to pass the exam on their first attempt.


What is the RBI Grade B Recruitment Exam's scoring system?

In the RBI Grade B Recruitment Examination Phase 1 exam, negative marking is present. For each wrong response in phase 1, 0.25 points will be deducted.


How many chances does a candidate get to take the RBI Grade B Recruitment Exam?

You have six attempts if a candidate is in a general category. The conducting authority does not specify a maximum number of attempts for categories like SC/ST/OBC/PWD/EWS, and there is no attempt limit for these categories.


How old must you be to take the RBI Grade B exam?

The age requirements for the RBI Grade B exam are 21 to 30 years


Can engineers apply for the 2023 RBI Grade B recruitment?

Engineers may apply for RBI Grade B Officer positions in 2023. This exam is open to applicants from all fields