The Reserve Bank of India has released the RBI Notification 2023 on its official website, www.rbi.org.in, for 291 RBI Grade B officers for the different posts, such as Grade B (DR) General, DEPR, and DSIM posts. The RBI Grade B Online Application link is active, and the candidates can submit their application forms from 9th May onwards. RBI has extended the date to apply online for RBI Grade B 2023 is extended the last to apply online for RBI Grade B 2023 Recruitment from 9 June to 16 June 2023.
RBI Grade B Notification 2023 Update as of 26.04.2023: On 26th April 2023, the Reserve Bank of India (RBI) released the much-awaited RBI Grade B Advertisement Notification for 291 vacancies. Reserve Bank of India will release the RBI Assistant Notification PDF on its official website @www.rbi.org.in along with other details such as the eligibility criteria, reservation of vacancies, scheme of selection and submission of online application, and other information on 09th May 2023. The recruitment process for the Grade B Officers Posts is conducted every year by the RBI. Aspiring candidates can find all the latest updates and details related to RBI Grade B 2023 on the official website. The selection procedure for the RBI Grade B Officers involves a country-wide competitive Examination in three phases, which include a Preliminary and Main examination followed by an Interview
RBI Grade B Notification 2023 Update as of 21.04.2023: Reserve Bank of India will soon release the official notification to invite applications from eligible Indian aspirants for the Recruitment of Grade B Officer vacancies in the Reserve Bank of India for the year 2023. Detailed notification of RBI Grade B vacancies depicting online registration & exam dates was anticipated to be released in March 2023, but it has not yet been issued. RBI is expected to release the RBI Grade B 2023 Notification tentatively on 25th April on its official website, www.rbi.org.in as per the official sources. The RBI Grade B examination is now eagerly awaited, as an official notice from RBI has invited tenders for the notification’s publication in leading newspapers. This is an opportune moment for candidates to focus on their preparation and utilize the additional time given to them. All information regarding RBI Grade B 2023 will be updated here in the Veranda Race blog as soon as the notification is released. The official RBI Grade B notification includes eligibility criteria, exam patterns, and other important details.
The RBI Grade B examination is held annually by the Reserve Bank of India to select Officers in Grade B (General) – DR, DEPR, and DSIM in the Common Seniority Group (CSG). An RBI Grade-B position is a fantastic choice for those who are seeking a well-known company to work for, as well as employment stability and good compensation. It is the most esteemed position in the banking industry. Candidates could submit an application for the RBI Grade B Recruitment 2023 if they are interested in working as an officer in the banking industry. View the most recent news on RBI Grade B here RBI Grade B Recruitment is considered Premium Recruitment as the Posts offer lucrative benefits and High Salaries compared to the other posts like Probationary Officers and Probationary Clerks.
This RBI Grade B Recruitment 2023 conducts a Three Phase Selection Procedure with an entirely different exam pattern followed by Other Bank Exams.
Candidates who are eager to apply for the RB Grade B 2023 recruitment exam are advised to check the detailed recruitment notification and the changes carefully before applying.
Interested and eligible candidates are advised to apply for the RBI Grade B Vacancies on or before the last date.
| RBI Grade B 2023- Important Details | |
| Organisation | Reserve Bank of India |
| Exam Name | RBI Grade B 2023 |
| RBI Posts 2023 | Grade B Officers |
| RBI Grade B Vacancies | 291 |
| Language of Exam | English |
| Category | Govt Jobs |
| RBI Grade B Online Registration | 09th May to 16th June 2023 (6.00 pm) |
| RBI GRADE B Recruitment Basis | Direct Recruitment |
| RBI GRADE B Selection Process | Phase I, Phase II & Interview |
| RBI Grade B Salary | Rs. 55,200/- Basic Pay [Revised] |
| RBI Grade B Job Location | Across India |
| Official website | https://www.rbi.org.in/ |
The RBI Grade B is one of the most important banking examinations offered nationwide. The RBI Grade B exams are among the nation’s most difficult and competitive government employment admission exams and each year, thousands of candidates take the test the applicant would need to put in a lot of effort and be persistent and determined to pass the exam. Read further to know the important and key points regarding the RBI Grade B Notification 2023.
Reserve Bank of India (RBI) will announce the total number of vacancies for the RBI Grade B 2023 exam along with its Official Notification 2023. Last year, RBI introduced 294 vacancies. Let’s have a look at the vacancy distribution for RBI Grade B 2022 Exam.
| Posts | Number of Vacancies on 2022 | |||||
| GEN/UR | SC | ST | OBC | EWSs | TOTAL | |
| Officers in Grade ‘B’(DR)- General | 109 | 32 | 15 | 59 | 23 | 238 |
| Officers in Grade ‘B’(DR)- DEPR | 11 | 04 | 5 | 8 | 3 | 31 |
| Officers in Grade ‘B’(DR)- DSIM | 7 | 7 | 5 | 4 | 2 | 25 |
| Total | 127 | 43 | 25 | 71 | 28 | 294 |
Posts | No of Vacancies on 2023 |
Officers in Grade ‘B’(DR)- General | 222 |
Officers in Grade ‘B’(DR)- DEPR | 38 |
Officers in Grade ‘B’(DR)- DSIM | 31 |
Total | 291 |
RBI Grade B Recruitment Events | Important Dates | |
1. Officers in Gr B (DR)- General | Phase-I – Online Examination | 09th July 2023 |
Phase-II – Paper I, II & III Online Examination | 30th July 2023 | |
2. Officers in Gr B (DR) – DEPR* | Phase I – Paper – I – Online Examination | 16th July 2023 |
Phase II – Paper – II & III Online/Written Examination | 02 September 2023 | |
3. Officers in Gr B (DR)- DSIM@ | Phase I – Paper – I – Online Examination | 16th July 2023 |
Phase II – Paper – II & III Online/Written Examination | 19th August 2023 | |
RBI provides generous pay and additional benefits. According to the guidelines, candidates who are chosen are also qualified for Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance. Below is the pay for RBI Grade B.
Parameters | Salary structure (In INR) |
Basic pay | 35,150 |
Payscale | 35,150-1,750 (9)-50,900-EB-1,750 (2)-54,400-2,000 (4)-62,400 |
Allowances | Indemnity Allowance, Local Allowance, Housing Rent Allowance, Family Allowance, and Grade Allowance |
Initial monthly gross emoluments | 77, 208 |
Selected Candidates will draw a starting basic pay of ₹35,150/-p.m. in the pay scale of Rs. 35150-1750(9)-50900-EB-1750 (2) – 54400-2000(4)-62400 (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 ₹83254/- (approx). The House Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.
According to the guidelines established by the Board, candidates who fall within the reserved category will have their upper age restrictions relaxed.
Category | Age relaxation |
SC/ST | 5 years |
OBC | 3 years |
Physically Handicapped | 10 years |
PH + OBC | 13 years |
PH + SC/ST | 15 years |
You must meet the requirements for RBI Grade B eligibility in order to apply for the 2023 RBI Grade B test. A minimum of 60% marks (or an equal grade in the case of SC/ST/PWD) or an equivalent grade in a Bachelor’s degree are required to be qualified for the position of RBI Grade B Officer, according to the RBI Grade B 2022.
In addition, if you are applying in the specialized sectors for RBI Grade B 2023, a Postgraduate degree in your subject or an MBA in Finance is required.
|
Educational Criteria |
A minimum 60 percent grade point average (50% for SC/ST/PWD applicants) is required for graduation in any discipline or equivalent technical or professional qualification. |
The syllabus for RBI Grade B Officers is generally split into two sections. Four topics are covered in the RBI Grade B Phase 1 syllabus, while three papers—Economic and Social Issues, Finance and Management, and Descriptive English—are covered in RBI Grade B Phase 2.
To keep your RBI Grade B preparation at its best, you should stay up to date on the RBI Grade B Officer syllabus and attempt to cover as many topics as you can.
Phase 1 (Objective) | Quantitative Aptitude/ English/ General Awareness/ Reasoning |
Phase 2 (Objective and Descriptive) | Paper 1 – Issues in Economics and Society (ESI) Paper 2 – English (Writing Skills) Paper 3 – Finance and Management |
Selection of the candidates for the RBI Grade B Officer consisting of Three Tier Process. A two phase Online Written Examination followed by Personal Interview.
Complete Details about the RBI Grade B Selection Procedure and Exam Pattern can be found here.
| Sr. No. | Category | Charges | Amount* |
| 1. | SC/ST/PwBD | Intimation Charges only | Rs 100/- |
| 2. | GEN/OBC/EWSs | Application fee including intimation charges | Rs 850/- |
| 3. | STAFF@ | Nil | Nil |
Candidates who are interested to apply for RBI Grade B 2023 exam can fill out the online application by clicking on the link given below. The Online application of RBI Grade B will be active when the RBI Grade B official notification pdf is officially out.
Ans: RBI Grade B 2023 Notification has been released on 26 April.
Ans: RBI Grade B 2023 Notification has been released on 26 April for 291 vacancies
Ans: The RBI Grade B 2023 examination is the finest entry-level position available in the nation if you're interested in government employment. Working with RBI is considered a symbol of respect and dignity in society because it is recognised as the banker of the banks as well as the architect of India's economy.
Ans: Yes, if applicants use the proper preparation methods, they can pass the RBI Grade B test on the first attempt. government employment. Working with RBI is considered a symbol of respect and dignity in society because it is recognised as the banker of the banks as well as the architect of India's economy.
Ans: 1. The RBI Grade B Officer 2023 preliminary exam is an online test with a total of four components.
2. The Preliminary Exam has a total of 200 points and 120 minutes to be completed. There are 200 total marks assigned to each component.
Ans: This examination is quite well-liked. Most often, every applicant who takes the SBI PO test also applies for this position. Although the exam difficulty is lower and there isn't an interview or a descriptive round, the format is identical to the SBI PO exam.
SSC MTS post, 34 out of 46 successful candidates shortlisted for appointment are from Veranda RACE Institute. More than 600 Race students have cleared the recent IBPS PO Mains, 2856 + cleared TNPSC Group 2 prelims and 3050 + Students cleared SBI Clerk Prelims we are awaiting a good result in the upcoming results for TNPSC group 4 exams too in 2023.
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