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RBI Grade B Notification 2024, Vacancies, Application & Exam Dates

Last updated on 26-Feb-2024

RBI Grade B Notification 2024

RBI Grade B 2024 Notification is expected to be released around March/April 2024. Till then, the candidates can have an idea of the RBI Grade B Exam from the 2023 Notification. Aspirants must also note that they have ample time with them as of now to prepare well for the RBI Grade B 2024. Go through the complete blog to know the dates, exam pattern, syllabus, and more.

RBI Grade B Latest Updates/ Overview for 2023 Cycle

Before moving on to the RBI Grade B 2024 Overview, let us understand the overview of the 2023 cycle (ongoing cycle).

  • 13th December 2023: RBI Grade B Final Result for Generalist Post was out.
  • 28th August 2023: RBI Grade B Phase 2 Result for Generalist Post was out.
  • 30th July 2023: RBI Grade B Phase 2 Exam for Generalist Post was conducted.
  • 24th July 2023: RBI Grade B Phase 2 Admit Cards for Generalist Post were released.
  • 18th July 2023: RBI Grade B Phase 1 Result for Generalist Post was out.
  • 9th July 2023: RBI Grade B Phase 1 Exam Generalist/DEPR/DSIM Posts was conducted.
  • 6th July 2023: RBI Grade B Phase 1 Admit Cards for DEPR/ DSIM Posts were released.
  • 29th June 2023: RBI Grade B Phase 1 Admit Cards for Generalist Post were released.
  • 6th June 2023: RBI Grade B Application Date Extension Notice was out.
  • 9th May 2023: RBI Grade B Detailed Notification 2023 was released on RBI's website.
  • 26th April 2023: RBI Grade B Short Notification 2023 was out in newspapers.

Download RBI Grade B Notification 2023 (Detailed)

RBI Grade B Notification 2024 - Overview

The RBI Grade B Notification 2024 will be out in the month of March/April 2024. However, candidates must take this as tentative. As you must be a beginner, let us tell you that RBI usually releases exam dates along with the RBI Grade B Notification itself. Although we have provided the tentative exam dates you will have to wait for the exact RBI Grade B 2024 Exam Dates.

ParticularsDetails
Exam NameRBI Grade B Exam 2024
Exam Conducting BodyReserve Bank of India 
Exam CategoryRegulatory Body Exam
Exam LevelNational
Exam ModeOnline
Vacancies 150 - 200 (Expected)
Language of ExamEnglish and Hindi
PeriodicityOnce a Year
Selection ProcessPrelims, Mains & Interview
Maximum Number of Attempts6 for a General Category Candidate 
Note: If you have already attempted the Phase 1 exam 6 times, then you are not eligible.
Online Registration Start DateMarch/April 2024 
Last Date to Apply April/May 2024
RBI Grade B Exam Date 2024 for Phase 1June/July 2024
RBI Grade B Exam Date 2024 for Phase 2 July 2024
Eligibility - Age Limit 21 to 30 Years
Eligibility - EducationGraduation in any discipline with a minimum of 60% marks for General candidates or  Post Graduation in any discipline with a minimum of 55% marks.
Application FeeRs 850 for General Category Candidate

Download RBI Grade B 2024 : The Complete Guide Here

RBI Grade B Notification 2024 - Important Dates

You will have to fill up the online application form to be able to take the exam. 

Important EventsDates (Expected)
Commencement of online registration of applicationMarch/April 2024
Closure of registration of applicationApril/May 2024
Closure for editing application detailsApril/May 2024
Last date for printing your applicationApril/May 2024
Online Fee PaymentApril/May 2024
RBI Grade B Exam Date 2024 for Phase 1June/July 2024
RBI Grade B Exam Date 2024 for Phase 2July 2024

Important Note: The aspirants must note that all the details mentioned in this blog are as expected as the official detailed notification is yet to be out. The information will be updated here as and when the notification is released.

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RBI Grade B Notification PDF 2024

As of now the 2023 notification is not released, till then, you can download the RBI Grade B Notification 2023 from the direct link given below. The details of the 2024 Exam will be updated in the 2024 notification.

Download RBI Grade B Notification 2023 (Detailed)

RBI Grade B Vacancy 2024

A total of 291 vacancies were announced for the RBI Grade B (DR) generalist category in the RBI Grade B Notification 2023. You can check the expected vacancies for the RBI Grade B 2024 exam here.

Post Name Vacancies (2024)Vacancies (2023)
RBI Gr. B Officer (DR) - General TBU222
RBI Gr. B Officer (DR) - DEPR TBU38
RBI Gr. B Officer (DR) - DSIMTBU31
TotalTBU291

RBI Grade B Notification 2024 - Eligibility Criteria

Candidates, intending to apply for RBI Grade B 2024 exam should ensure that they fulfill the minimum eligibility criteria as specified by RBI in their advertisement.

RBI Grade B Eligibility Criteria - Age Limit

The minimum age to apply for the RBI Grade B officer exam is 21 years. You should have completed 21 years of age as of the 1st of January 2024 (Expected).

The maximum age to apply for the RBI Grade B officer exam is 30 years of age. This means you should not be 30 years of age as of the date mentioned in the official notification pdf.

RBI Grade B Age Relaxation

The upper age limit extension for RBI Grade B exam aspirants is as mentioned below: 

CategoryRelaxation
SC/ST5 years
OBC3 years
Ex-Servicemen5 years
ECOs/SSCOs5 years
PwD10 years (Gen/EWS)
13 years (OBC)
15 years (SC/STs)
Experienced Candidates - Scheduled Commercial Banks, Public Sector Insurance Companies, All India Financial Institutions, RBIThe upper age limit should not exceed 33 years including experience
Ex-employees of banks going into termination and/or liquidation/ personnel retrenched from Govt Offices with at least 1 yr service5 years
Candidates with M.Phil2 years
Candidates with PhD4 years

RBI Grade B Eligibility Criteria - Educational Qualification

To meet RBI Grade B Eligibility, the candidates will have to fulfill the educational qualification as well. Below we have given the post-wise RBI Grade B Educational Qualification 2024, do check it out.

(a) Officers in Grade ‘B' (DR)–(General):

Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or PostGraduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in the aggregate of all semesters/years.
Note:
Graduation Level:
Any such course from a recognized University / Institute that is taken after Class XII and is at least of 3 years duration/ candidates possessing professional or technical qualifications which are recognized 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.
Post-Graduation Level:
Any such course from a recognized University / Institute that is taken after Graduation and is at least of 2 years duration / recognized 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.

(b) Officers in Grade ‘B' (DR)–DEPR: 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, and 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).

For a) and b) above, a minimum of 55 percent marks or an equivalent grade is required in aggregate of all semesters/years from a recognized Indian or foreign University / Institute.

(c) Officers in Grade ‘B' (DR)–DSIM: 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 a one-year postgraduate diploma in Statistics or related subjects from an Institute of repute; OR
c. Master's degree course in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR
d. Four-year Bachelor's degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR
e. Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme.

FAQs

Q. What is the selection procedure followed for RBI Grade B exam?

A. The RBI Grade B exam is conducted in three stages: Phase I (Prelims), Phase 2 (Mains), and the Interview round.

Q. What is the minimum qualification required for RBI Grade B? +

A. You will need a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor's degree OR a minimum of 55% percentage in your Post Graduation if you are a postgraduate (pass marks for SC/ST/PwBD applicants).

Q. Will there be RBI Grade B exam in 2024? +

A. Yes, the RBI Grade B exam will be conducted in 2024.

Q. How many times can I attempt RBI Grade B exam? +

A. If you are a general category candidate, you have 6 attempts, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates. By 6 attempts, it means you should have taken the RBI Grade B Phase 1 exam 6 times. If you have already taken the RBI Grade B Phase 1 exam 6 times, then you are not eligible to apply.

Q. Is there any negative marking in RBI Grade B exam? +

A. Yes, there is negative marking in Phase 1 of the RBI Grade B exam. There is a negative marking of 0.25 marks for every incorrect answer in RBI Grade B Phase 1.

Q. What is the Application Fee for RBI Grade B 2024 Exam? +

Expected Application fee for the RBI Grade B is as follows:
For GEN/OBC/EWSs - Rs 850 + 18% GST
For SC/ST/PwBD - Rs 100 + 18% GST
For RBI Staff - Nil.
There will be no application fee for the RBI staff.

Q. How is Oliveboard's Course for RBI Grade B exam preparation? +

A. Oliveboard's RBI Grade B online course is at present the best course for your preparation.
The course is curated by Riti Maám and this course covers all your preparation needs:
ESI & FM Video Lessons, LIVE Revision Classes, Descriptive Mock Tests with Expert Evaluation, ESI & FM Topic Tests, Descriptive Ans-Writing Platform, ESI & FM Study Notes, Current Affairs Capsules, Descriptive English Preparation, Model Descriptive Answers, Objective Mock Tests, Interview Preparation and much more.
Toppers have trusted and so can you!

Q. Do I need a minimum of 60% criteria in my 10th and 12th class in order to apply for the RBI Grade B exam? +

A. No, your 10th and 12th class/standard marks/percentage do not matter. You will need a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor's degree OR a minimum of 55% percentage in your Post Graduation if you are a postgraduate (pass marks for SC/ST/PwBD applicants).

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