RBI Grade B Notification 2024 Out for 94 Vacancies, Exam Date

RBI Grade B Notification was out on 25th July 2024 & the Phase 1 was held on 8th September 2024. RBI had released the official RBI Grade B Notification PDF to fill 94 vacant positions. Candidates needed to apply for the exam only through online mode. The apply online link was available on the RBI’s official website at www.rbi.org.in till 16th August 2024 (6:00 PM). RBI Grade B Exam Date 2024 had also been released.

Download RBI Grade B Phase 1 Score Card

RBI Grade B Notification 2024 Out

The detailed RBI Grade B Notification 2024 PDF was out on July 25, 2024. Any graduate candidate aged between 21 and 30 years as of 1st July 2024 could apply for RBI Grade B 2024 exam. The RBI Grade B last date was 16th August 2024. The Phase 1 exam of RBI Grade B General post was on September 8, 2024 while the Phase 1 exam for DEPR/DSIM department was on September 14, 2024. The Phase 2 exam for General post is scheduled on October 19, 2024. The selection process of RBI Grade B Officer is a three-staged process. These three stages are Prelims, Mains, and an Interview. 

Download RBI Grade B Notification 2024 PDF 

RBI Notification 2024

Latest Updates: All the details are mentioned in the detailed RBI Notification 2024.

  • RBI Grade B Phase 1 Scorecard & Cut Off has been released on 1st October 2024.
  • RBI Grade B Result for Prelims has been released on 20th September 2024. Download the result PDF.
  • RBI Grade B Admit Card 2024 had been released on 29th August 2024. Check out the link to download the admit cards.
  • RBI Exam Date 2024: The RBI Exam Date 2024 is out for both the phases and all the departments. The phase 1 will be conducted on 8th September 2024 (DR General) and 14th September 2024 (DEPR, DSIM).

Download RBI Grade B PYQ PDF

RBI Grade B Officer News

The latest RBI Grade B Officer News is that the RBI Grade B Phase 1 Cut Off & Scorecard for DR General is released on 1st October 2024. The phase 1 exam was held on 8th September 2024. Only those candidates who cleared the Phase 1 exam will go further in the selection process. The reference date for the calculation of the age limit and other eligibility was 1st July 2024.

RBI Grade B Phase 2 Trend Analysis & Preparation Roadmap

RBI Grade B Notification 2024 – Summary

To grab a position as RBI Grade B Officer, a candidate will have to come in the merit list of this exam. The basic pay for the appointed RBI Officer is Rs 55,200. Check out the complete summary on RBI Grade B Notification 2024 in the table below:

ParticularsRBI Grade B Exam Details
Exam NameRBI Grade B 2024
Exam Conducting BodyReserve Bank of India 
Exam CategoryRegulatory Body Exam
Exam LevelNational
Exam ModeOnline
RBI Vacancy 202494
Language of ExamEnglish and Hindi
PeriodicityOnce a Year
Selection ProcessPrelims, Mains & Interview
Maximum Number of Attempts6 for a General Category Candidate
Notification Release Date19th July 2024
RBI Grade B Registration Start Date25th July 2024
RBI Grade B Last Date16th August 2024 (6:00 PM)
RBI Grade B Exam Date 2024 for Phase 18th September 2024 (DR General)
14th September 2024 (DEPR, DSIM)
RBI Grade B Exam Date 2024 for Phase 219th October 2024 (DR General)
26th October 2024 (DEPR, DSIM)
Age Limit 21 to 30 Years
EducationGraduation/ Post Graduation in any discipline 

RBI Vacancy 2024

We have provided the RBI Vacancy 2024 along with the last 6 years vacancies data in the table below. The number of vacancies are released separately for the General, DEPR & DSIM departments. Check out the table given below to know the detailed RBI Vacancy 2024. 

YearsGeneralDEPRDSIMTotal
20246621794
20232223831291
20222383125294
20212702923322
20191562023199
20181272217166
2017145124161

RBI Vacancy 2024 – Category Wise

The detailed distribution of vacancies is also out. Check out the detailed category wise RBI Vacancy 2024:

CategoryGeneralDEPRDSIM
UR2782
SC1011(1)
ST46(3)4(4)
OBC195
EWS61
Total66217

RBI Grade B Exam Date 2024

RBI Grade B Exam Date 2024 is out. The phase 1 for General posts was on 8th September 2024 whereas for DEPR/ DSIM posts, it was on 14th September 2024. The candidates who will clear the Phase 1 will appear in the Phase 2 exam. The exam date for Phase 2 of RBI Grade B is 19th October 2024 for General posts and 26th October 2024 for DEPR/DSIM posts. Also Download Summary of RBI Annual Report.

EventsRBI Grade B Exam Date 2024
RBI Exam Date 2024 for Grade B (DR)- General (Phase 1)8th September 2024
RBI Grade B Exam Date 2024 for Phase 1 (DR)- DEPR, DSIM 14th September 2024
RBI Exam Date 2024 for Grade B (DR)- General (Phase 2)19th October 2024
RBI Grade B Exam Date 2024 for Phase 2 (DR)- DEPR, DSIM26th October 2024

RBI Grade B Application Form 2024

The RBI Grade B Application Form can be filled by following only a few steps. Filling up the RBI Grade B Application Form involves the following steps-

Direct Link to fill RBI Grade B Application Form {Inactive Now}

  • Begin by registering on the official RBI website.
  • Complete the application form by filling in all required details.
  • Upload your photo and signature as per the specified guidelines.
  • Upload a scanned image of your left hand thumb impression.
  • Upload a scanned copy of your handwritten declaration as specified.
  • Pay the application fee through the available online payment options.
  • Review all the details and submit the application form.

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RBI Grade B Application Fee 2024

The RBI Grade B Application Fee varies according to the category. Staff of RBI are exempted from paying the RBI Grade B application fee. The fee can be paid online through a debit/credit card or any other payment gateway as mentioned by RBI. Please note that this application fee is non-refundable.

CategoriesRBI Grade B Application Fee
SC/ST/PWDRs. 100 plus GST
Gen/OBC/EWSRs. 850 plus GST
Staff of RBINil

RBI Grade B Eligibility 2024

RBI Grade B Notification comes with the detailed RBI Grade B Eligibility. The reference date for the calculation of RBI Grade B Eligibility 2024 is 1st July 2024. Check out the detailed RBI Grade B Eligibility below.

RBI Grade B Eligibility – Nationality

As far as the nationality is concerned, the candidates must be

  • Indian citizens or
  • A subject of Nepal/ Bhutan or a Tibetan refugee or
  • An Indian origin person who have migrated from other countries to permanently settle in India, etc
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RBI Grade B Eligibility 2024 – Age Limit

The candidates must be aged between 21 and 30 years as of the reference date. This simply means that the candidates must not exceed the age limit of 30 years. However, certain age relaxations have been provided to some candidates. Check out the detailed RBI Grade B Eligibility 2024.

RBI Grade B Eligibility 2024 – Educational Qualifications

Along with the age limit criteria, the candidates must also check out the educational qualification details. Below are the details of RBI Grade B Educational Qualification for all three departments.

PostRBI Grade B Educational Qualification
RBI Grade B Generalist OfficerGraduation/ Post Graduation in any discipline /Equivalent technical or professional qualification.
Graduation: Minimum 60% marks (50% for SC/ST/PwBD applicants)
Post Graduation: Minimum 55% marks (pass marks for SC/ST/PwBD applicants)
RBI Grade B DEPR Officera. Master’s Degree in Economics or equivalent OR
b. A Master’s Degree in Finance or equivalent

Minimum of 55% marks or an equivalent grade is required in aggregate.
RBI Grade B DSIM Officera. A Master’s Degree in Statistics or equivalent OR
b. Master’s Degree in Mathematics or equivalent OR
c. Master’s degree course in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, OR
d. 4 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 OR
e. 2 years Post Graduate Diploma in Business Analytics (PGDBA)

Minimum of 55% marks or an equivalent grade is required in aggregate.

RBI Grade B Selection Process

To grab a position as RBI Grade B Officer, a candidate will have to go through three stages of the selection process. Following are the stages of selection process:

  • Phase 1 (Prelims Exam)
  • Phase 2 (Mains Exam)
  • Phase 3 (Interview)

RBI Grade B Exam Pattern

One must be aware of the exam pattern for both the phases. Below are the detailed exam patterns for both the phases.

RBI Grade B Exam Pattern for Phase 1

Before moving on to the detailed RBI Grade B Exam Pattern for Phase 1, check out some of the highlights below for Phase 1 exam:

  • Sectional Timings – Yes
  • No of Questions – 200
  • Time Duration – 120 minutes
  • No of Marks – 200
  • No of Sections – 4
  • Negative Marking – Yes, 1/4th or 0.25
SectionsQuestionsMarksDuration
Reasoning606045 minutes
GA808025 minutes
English 303025 minutes
Quants303025 minutes
Total200200120 minutes

RBI Grade B Exam Pattern for Phase 2

Check out some of the highlights on RBI Grade B Exam Pattern for Phase 2 exam:

  • No. of Papers – 3 (Paper 1,2&3)
  • Nature of Questions – Objective & Descriptive
  • Time Duration – 120 minutes for Paper 1 & 3 and 90 minutes for Paper 2
  • No of Marks – 100 for each paper
  • Paper 1 (ESI) will have 50 marks for objective test & 50 marks for descriptive test. The duration of the objective test is 30 minutes and descriptive test is 90 minutes.
  • Paper 2 (English) will be of 100 marks and the duration will be 90 minutes.
  • Paper 3 (FM) will have 50 marks for objective test & 50 marks for descriptive test. The duration of the total test is 120 minutes.
PapersType of test
Paper 1 – ESI50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)
Paper 2 – English (Writing Skills)Descriptive Test
Paper 3 – Finance and Management50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)

RBI Grade B Interview 2024

Check out the important details of RBI Grade B Interview in the table below:

Important PointsRBI Grade B Interview 2024
Shortlisting CriteriaCandidates will be shortlisted for the interview based on the aggregate of marks obtained in Phase 2 (Paper 1 + Paper 2 + Paper 3).
Interview MarksThe interview will comprise 75 marks.
Psychometric TestCandidates must undergo a Psychometric Test conducted by the Bank before the Interview. No marks will be allotted for this test, and it will not form part of the final selection criteria.
Interview LanguageCandidates may opt for an interview either in Hindi or English.

RBI Grade B Syllabus 2024

The Phase 1 exam consists of four sections whereas the phase 2 exam consists of three sections. The detailed RBI Grade B Syllabus has been provided, the candidates can just click on the link attached to know the detailed syllabus and hence download the RBI Grade B Syllabus PDF.

RBI Grade B Cut Off 2024

It is extremely important to understand the RBI Grade B Cut Off for previous years. For the last few years, the Phase 1 Cut Off details have been provided and if you want the RBI Grade B Cut Off details for all the previous years, then check out the link attached. 

YearsGAReasoningEnglishQuantsOverall
20231294.54.554.25
20221294.54.563.75
202116126666.75
201920157.57.5122
201820157.57.5105.75
201716.5116.75478
201620157.57.598.5
201520157.57.588.5

RBI Grade B Salary

Every aspirant who prepares for this exam wants to know about its salary because at the end, it is all about the financial stability. The salary structure for a RBI Grade B Officer starts with the basic pay of Rs 55,200 which after increments reaches to Rs 99,750 after 16 years. In the basic pay, several allowances are added and some deductions are made which finally constitutes the RBI Grade B Salary to be in lakhs. The gross salary without HRA stands at Rs 1,22,717 (approximately).

RBI Grade B Job Profile

As an RBI Grade B Officer, you play a crucial role in maintaining the financial stability and economic growth of the country. The job involves various responsibilities, including monetary policy formulation, regulation and supervision of banks, financial inclusion initiatives, and managing currency and foreign exchange. With a competitive salary, numerous perks, and opportunities for career growth, this role is ideal for individuals seeking a challenging yet rewarding career in the financial sector.

  • Formulating and implementing monetary policies.
  • Supervising and regulating financial institutions.
  • Conducting economic research and analysis.
  • Managing the issuance and circulation of currency.
  • Overseeing foreign exchange markets.
  • Ensuring financial stability and economic growth.
  • Implementing government schemes related to financial inclusion.
  • Conducting audits and inspections of banks and financial institutions.
  • Collaborating with national and international financial organizations.
  • Providing expert advice on economic policies.
  • Managing public debt and government accounts.
  • Handling customer service issues related to banking and finance.

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RBI Grade B Preparation Tips

Preparing for the RBI Grade B exam requires a strategic and disciplined approach. This competitive exam demands a comprehensive understanding of various subjects, including economics, finance, and general awareness. To excel, it is crucial to have a well-structured study plan that covers all the essential topics and includes regular practice and revision. Here are some effective preparation tips:

  • Attempt RBI Grade B Mock Test regularly to familiarize yourself with the exam pattern and manage time effectively.
  • Practice RBI Grade B Previous Year Papers to understand the types of questions asked and the level of difficulty.
  • Revise important topics frequently to ensure you retain the information.
  • Stay updated with current affairs, especially those related to economics, finance, and banking.
  • Read newspapers, magazines, and online articles to enhance your general awareness.
  • Use standard textbooks and reliable study materials for thorough preparation.
  • Focus on understanding concepts rather than rote learning.
  • Join online forums or study groups to discuss and clarify doubts.
  • Manage your time efficiently, balancing work and study if you are a working professional.
  • Stay positive, motivated, and consistent in your preparation efforts.

RBI Grade B Officer Career Growth

Becoming an RBI Grade B Officer is a prestigious achievement, offering excellent career growth and opportunities. Here’s a detailed look at the career progression for an RBI Grade B Officer.

  1. Manager (Grade B Officer)
  2. Assistant General Manager (AGM)
  3. Deputy General Manager (DGM)
  4. General Manager (GM)
  5. Chief General Manager (CGM)
  6. Executive Director (ED)
  7. Deputy Governor (DG)
  8. Governor

RBI Grade B Exam Centers

As lakhs of candidates appear in the RBI Grade B Exam, the prelims exam will be conducted at various centers. Following is the list of RBI Grade B Exam Centers that you will have to fill while filling up the application forms.

State /UTRBI Grade B Exam Centers
Andaman & NicobarPort Blair
PunjabAmritsar, Bhatinda, Jalandhar, Ludhiana, Patiala
Andhra PradeshGuntur/ Vijayawada, Kakinada, Tirupati, Kurnool, Nellore, Rajahmundry, Vizianagaram, Vishakhapatnam
Madhya PradeshBhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain
MaharashtraAmravati, Chhatrapati Sambhajinagar (Aurangabad), Jalgoan, Kolhapur, Mumbai- Navi Mumbai / Thane/ MMR, Nagpur, Nasik, Pune , Satara, Sangli
Arunachal PradeshNaharlagun
ManipurImphal
AssamDibrugarh, Guwahati, Jorhat, Silchar, Tezpur
MeghalayaShillong
BiharArrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna, Gaya
MizoramAizawl
ChandigarhSAS Nagar (Mohali)
ChhattisgarhRaipur, Bhilai, Bilaspur (CG)
NagalandKohima, Dimapur
Daman & DiuRajkot
New DelhiDelhi / NCR, Ghaziabad, Noida & Greater Noida, Faridabad, Meerut, Gurugram
GoaPanaji
OdishaBalasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Rourkela, Sambalpur
GujaratAhmedabad/Gandhinagar, Anand, Mehsana, Rajkot, Surat, Vadodara
RajasthanAjmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur, Bharatpur
HaryanaAmbala, Hissar, Kurukshetra
SikkimGangtok
Tamil NaduChennai, Coimbatore, Erode, Madurai, Virudhunagar, Salem,      Namakkal, Thiruchirapalli, Tirunelvelli, Thanjavur, Vellore
Himachal PradeshHamirpur, Solan, Shimla, Bilaspur
TelanganaHyderabad/Secundarabad, Karimnagar, Warangal , Mehbubnagar
Uttar PradeshAgra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Moradabad, Muzaffarnagar, Varanasi
Jammu & KashmirJammu, Srinagar
TripuraAgartala
LadakhLeh
JharkhandBokaro, Dhanbad, Hazaribagh, Jamshedpur, Ranchi
UttarakhandDehradun, Haldwani, Roorkee
KarnatakaBengaluru, Gulbarga, Hubballi/Dharwad, Mangaluru, Mysuru, Shivamogga, Udupi
West BengalAsansol, Kolkata, Greater Kolkata, Kalyani, Siliguri
KeralaKannur, Ernakulam, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrissur, Palakkad, Thiruvananthapuram, Kollam
PuducherryPuducherry
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RBI Grade B Notification 2024 – FAQs

Q1. Is the detailed RBI Grade B Notification 2024 Out?

Yes, the detailed notification of RBI Grade B 2024 was out on 25th July 2024. However, the short notification was out on 19th July 2024.

Q2. Is RBI Grade B Vacancy released every year?

Yes, the RBI Grade B Vacancy is generally released every year for three departments i.e. General, DEPR, DSIM.

Q3. What is the Phase 1 of RBI Grade B 2024?

The phase 1 of RBI according to the RBI Grade B Notification consists of 4 sections i.e. General Awareness, Reasoning, Quantitative Aptitude and English.

Q4. How many seats are there in RBI Grade B 2024?

The total number of seats as mentioned in RBI Grade B Notification 2024 is 94.

Q5. Is RBI Grade B tough than CA?

It is very tough to comprehend which of these two is difficult as both the exams are from different fields and are considered tough.

Q6. How is the selection of RBI Grade B Officers done?

For the selection as RBI Grade B Officer, one will have to go through three stages i.e. Phase 1 (Prelims), Phase 2 (Mains) and Phase 3 (Interview).

Q7. Is RBI Grade B Salary high?

Yes, the starting RBI Grade B salary is INR 55,200, with a pay scale of INR 55,200-2850(9)-80,850-EB-2850 (2)-86,550-3300(4)-99,750 (16 years).

Q8. What is the official website of RBI Grade B Notification 2024?

The official website of RBI Grade B Notification 2024 is www.rbi.org.in.

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