RBI Grade B 2019: RBI Grade B Notification, Eligibility, Salary And More Details

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RBI Grade B 2019 Notification Out!!

The long wait is finally over and RBI Grade B notification has finally been released for the post of RBI Grade B Officer (DR)- General, DEPR & DSIM @rbi.org.in. All the job aspirants preparing for competitive jobs were eagerly waiting for the official notification of RBI Grade B. A good number of vacancies has been announced by RBI for the Grade B Officer (DR) – General post. RBI is the Central Bank of India and thus an RBI Grade B job is chased by many. As the RBI Grade B recruitment notification has finally been released, all those candidates who were eagerly waiting should be on their toes now. Without wasting a second, you should start applying online from 21st September 2019. RBI Grade B 2019 Exam will consist of three stages: Phase 1, Phase 2 & Interview. Once the application process will end, RBI will be releasing the admit cards for Phase 1 Examination which will be an online examination. The RBI Grade B Phase 1 Exam has been scheduled to be held on 9th November 2019. Read on to know more details about the RBI Grade B 2019 Notification.

RBI Grade B Exam Dates & Events 2019

RBI has released the official notification for RBI Grade B 2019 Exam and the online application is going to start soon from 21st September 2019. The complete details of the RBI Grade B examination process is as follows:

Events Important Dates
Online Registration of Applications & Payment of Fees/Intimation Charges September 21 – October 11,2019
Officers in Gr B (DR)- General Phase I – Online Examination November 9,2019
Phase II – Paper 1, 2 & 3 Online Examination December 1, 2019
Officers in Gr B (DR) – DEPR Phase I – Paper – 1 – Online

Examination

November 9,2019
Phase II – Paper 2 & 3

Online / Written Examination

December 2, 2019

(to be confirmed later in admit cards)

Officers in Gr B (DR) – DSIM Phase I – Paper – 1 – Online

Examination

November 9,2019
Phase II – Paper 2 & 3

Online / Written Examination

December 2, 2019

(to be confirmed later in admit cards)

RBI Grade B Vacancy Details 2019

The much awaited RBI Grade B recruitment notification has finally been released and it is extremely important to stay updated with all the important exam related information. The most important information in a recruitment notification is RBI Grade B vacancy 2019. The vacancies have been announced for three categories of RBI Grade B post: RBI Gr B (DR) – General , DEPR ( Department of Economic and Policy Research) & DSIM ( Department of Statistics and Information Management). The vacancy details are given below:

Post                                     Number of Vacancies
Unreserved

i.e.

General

(GEN/UR)

Scheduled

Castes

(SC)

Scheduled

Tribes

(ST)

Other

Backward

Classes

(OBC)$

EWSs

@

TOTAL
Officers in Grade

‘B’(DR)- General

65 25 11 40 15 156^
Officers in Grade

‘B’(DR)- DEPR

9 3 1 5 2 20^^
Officers in Grade

‘B’(DR)- DSIM

11 2 4# 4 2 23

$ Candidates belonging to OBC category but coming in the ‘Creamy Layer’ are not entitled to OBC reservation. They will be supposed to 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. 

^- 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. 

RBI Grade B 2019 Eligibility Criteria

RBI Grade B is one of the most important examinations of the year and therefore you should not leave any important information before you go on with the RBI Grade B online application. Ensuring your eligibility is the first step in the examination process, failing which you will not be able to complete your application.

RBI Grade B Educational Criteria

A candidate who is willing to apply for RBI Grade B 2019 Exam should possess the educational qualification as mentioned in the RBI Grade B 2019 notification as given below:

Posts Minimum Educational Qualification
Officers inGrade ‘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
Officers in

Grade ‘B’ (DR) – DEPR

Essential:a. 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

b. 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

c. 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.

d. (i) Candidates having a 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, the probationary period will not be reckoned.

Officers in

Grade ‘B’ (DR) – DSIM

Essential:a. 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

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.

Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10-point scale Aggregate Percentage of Marks
6.75 60%
6.25 55%
5.75 50%

RBI Grade B 2019 Age Criteria

Candidates applying for RBI Grade B 2019 Notification will also have to follow an age criteria failing which he/she will not stand eligible for the RBI Grade B Exam.

  • A candidate should be within the age limit of 21 years – 30 years as on 1st September 2019.

RBI Grade B 2019 Selection Process

RBI follows a fixed system of selection by conducting the examination process in simple stages. There will be three main stages in the selection process:

  • Phase I – Online Examination
  • Phase II – Online Examination
  • Phase III – Interview

Note: There will be sectional timings fixed for each test.

RBI Grade B 2019 Online Application Process

Before you start RBI Grade B online application process, you should be well aware of the complete application process. Each and every candidate needs to apply online for RBI Grade B 2019 Exam. The last date for the online application is 11th October 2019. Below are the steps for RBI Grade B online application process:

  • Visit  https://opportunities.rbi.org.in  and here once the registration is open, you will be redirected to RBI’s application portal.
  • Register yourself for the first time on the portal.
  • Provide basic information about yourself such as Name, Age, Contact Particulars such as Phone, Address and Email ID.
  • A photograph, signature, left thumb impression and a handwritten declaration should be uploaded, as per specifications provided therein.
  • Provide your educational qualification information and then save & preview your application form for any errors.
  • Payment of the fees can be made through Credit / Debit Card or Netbanking.
  • Once the form is submitted, you will receive an email with your login credentials.

Note: Make sure you have a valid email address & mobile number before you start registering yourself.

RBI Grade B 2019 Number of Attempts

Similar to SBI PO Examination, RBI also mentions a limit for the number of times a candidate belonging to a particular category can appear for the exam.

Category Number of Attempts
General 6 attempts
SC/ST/PWD/EXSM No limit

RBI Grade B 2019 Salary

As the official RBI Grade B recruitment notification is out now, all the candidates must be curious and eager to know about all the RBI Grade B related information. Whenever you choose a particular job for yourself, the main attraction lies in the ‘salary’. This is one point that makes RBI Grade B a well-preferred job among all. 

  • An RBI Grade B Officer is entitled to receive a salary within the pay scale of: Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400.

Apart from this you will also be eligible for an increment of Rs 1750 which will continue upto 9 years of your service. After 9 years, you will be eligible under the ‘executive band’.

RBI Grade B 2019 Preparation Strategy

RBI Grade B being one of the most important examinations of all times, surely needs significant attention. Though there are a number of sources of information and preparation these days, it is also more puzzling to choose the right one for yourself. Your first step while moving ahead with the RBI Grade B exam preparation should be penning down few notes on RBI Grade B preparations strategy. After this you should go ahead with the right study material for yourself.

To make the task easier for you, ixamBee is providing RBI Grade B Online Course 2019 which consists of all the required content which will make your preparation phase easier and better.

Also, you need to ensure that you practice enough with RBI Grade B free mock tests and get ahead of all others.

                Check RBI Grade B 2019 Official Notification PDF Here

Also Read:

RBI Grade B Phase I Preparation Strategy

RBI Grade B Phase II Preparation Strategy

Full Form of RBI With All Details

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