RESERVE BANK OF INDIA – DIRECT RECRUITMENT FOR THE POST OF OFFICERS IN GRADE ‘B’ (Direct Recruit-DR) (On Probation-OP) (General/DEPR/DSIM) STREAMS- PANEL YEAR 2022

Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts. Reserve Bank of India Services Board, hereinafter referred to as ‘Board’, would admit to the Examinations all the candidates applying for the post with the requisite fee/intimation charges (wherever applicable) based on the information furnished in the ONLINE application and shall determine their eligibility only at the final stage i.e. interview stage. If at that stage, it is found that any information furnished in the ONLINE application is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for interview, claim any reimbursement towards travelling and can be removed from service without notice if he/she has already joined the Bank

   EventsImportant date
   Online Registration of Applications and Payment of Fees/Intimation Charges   March 28, 2022 to April 18, 2022 (till 6:00 PM)
  Officers in Gr B (DR)- General   Phase-I – Online Examination   May 28, 2022
   Phase-II – Paper I, II & III Online Examination  June 25, 2022
Officers in Gr B (DR)- DEPR*/DSIM@Phase-I – Paper I Online Examination  July 02, 2022 (Date to be confirmed in Admit Card
Phase-II – Paper II & III Online/Written Examination  August 06, 2022# (Date to be confirmed in Admit Card)

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ELIGIBILITY CONDITIONS:
I. Nationality: a candidate must be either:

i.a citizen of India, or

ii. a subject of Nepal, or
iii. a subject of Bhutan, or
iv. a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or
v. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
Provided that a candidate belonging to categories (ii), (iii), (iv) and (v) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination, but the offer of appointment may be given only after the necessary eligibility certificate is issued to him/her by the Government of India.

II. Age Limit (As on January 01, 2022):
a) A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the January 01, 2022 i.e., he/she must have been born not earlier than January 02, 1992 and not later than January 01, 2001.
b) The upper age-limit prescribed above will be relaxed:
i. up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe if the posts are reserved for them;
ii. up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates if the posts are reserved for them;
iii. up to a maximum of five years for ex-employees of banking institutions whose services had to be terminated for reasons of economy or because of bank going into liquidation and personnel retrenched from Government Offices after at least one year’s service and currently registered with Employment Exchange;
iv. up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years Military Service as on January 01, 2022 and have been released;

a. on completion of assignment (including those whose assignment is due to be completed within one year from January 01, 2022) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or
b. on account of physical disability attributable to Military Service; or
c. on invalidment.
v. up to a maximum of five years in the case of ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on January 01, 2022 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate that they can apply for civil employment and that they will be released on three months’ notice on selection from the date of receipt of offer of appointment.
vi. For Gen/EWSs up to a maximum of 10 years in the case of PwBD. For SC/ST PwBD candidates up to a maximum of 15 years and for OBC PwBD candidates up to a maximum of 13 years, subject to reservation of vacancies under the respective post. Relaxation in upper age limit for PwBD will be subject to the posts having been identified suitable for such disabilities.
vii. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.viii. For candidates having experience as an officer in Scheduled Commercial Banks, Public Sector Insurance Companies and All India Financial Institutions (AIFI) namely Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB) and Small Industries Development Bank of India (SIDBI), as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned. For details, please refer Note IV below.
ix. For eligible staff candidates, the relaxation in age limit is according to RBI circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013. x. For recruitment to the post of Gr. B (DR)-DEPR/DSIM candidates having Master’s Degree with Research/Teaching experience at a recognised Indian/Foreign University/Institute will be eligible for relaxation in upper age to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

Minimum Educational Qualifications: The following minimum educational qualifications are prescribed for the posts:

 Posts Minimum Educational Qualifications (as on January 01, 2022):
 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 Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Note:
Graduation Level:
Any such course from a recognised University / Institute that is taken after Class XII and is at least of 3 years’ duration/ candidates possessing professional or technical qualifications which are recognised 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 recognised University / Institute that is taken after Graduation and is at least of 2 years’ duration / recognised 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.
 Officers in Grade ‘B’ (DR) – DEPR Essential:
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, 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) OR
c. PGDM / MBA with specialization# in Economics / Finance.
For a) to c) above, minimum 55 per cent marks or an equivalent grade in aggregate of all semesters / years from a recognized Indian or foreign University / Institute.
“Principal constituent” with respect to syllabus / curriculum means half or more of the total courses / electives / credits must be in Economics or Finance.
“Specialization” in Economics / Finance means a third or more of the total courses / electives / credits in the second year must be in Economics / Finance.
Note I: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b) and (c) above is 50% marks or an equivalent grade in aggregate of all semesters / years.
Desirable: A Doctorate Degree in Economics, or research or teaching experience in economics, or publication in the field/area of Economics in standard journals.
Note II: (i) Candidates having M.PhiI Degree and Doctorate Degree from a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.
(ii) Candidates having Master’s Degree with research / teaching experience at a recognized Indian / Foreign University / Institute in economics 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, probationary period will not be reckoned.
(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.
Officers in Grade ‘B’ (DR) – DSIMEssential:
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 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.
Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c) and (d) above is 50% or an equivalent grade in aggregate of all semesters/ years.
Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.
Note: (i) Candidates possessing M.Phil. and Ph.D qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.
(ii) Candidates 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, probationary period will not be reckoned.
(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

APPLICATION FEE AND INTIMATION CHARGES:

 Sr.No.Category Charges Amount* 
 1. SC/ST/PwBD Intimation Charges only ₹100/-
 2.
 GEN/OBC/EWSs Application fee including intimation charges ₹850/-
 3.  STAFF@Nil Nil
  1. HOW TO APPLY
    (a) Candidates are required to apply only online using the website www.rbi.org.in and no other means/mode of application will be accepted. Detailed instructions for filling up online applications are available at Appendix-I which is available on the Bank’s website www.rbi.org.in. The applicants are advised to submit a single application; however, if due to any unavoidable situation, if he/she submits another/multiple applications, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicant’s details, examination centre, photograph, signature, left thumb impression and handwriting undertaking, fee etc. The applicants who are submitting multiple applications should note that only the last completed applications with higher RID shall be entertained by the Board and fee paid against one RID shall not be adjusted against any other RID.
    (b) All candidates, whether already in Government Service, Government owned industrial undertakings or other similar organisations, whether in a permanent or temporary capacity or as work charged

employees other than casual or daily rated employees or those serving under the Public Enterprises are required to submit an undertaking in the Online application that they have informed in writing to their Head of Office/Department that they have applied for the Examination. Candidates should note that in case a communication is received from their employer by the Board withholding permission to the candidates applying for/appearing at the examination, their application will be liable to be rejected/candidature will be liable to be cancelled. At the time of joining, the recommended candidates will have to bring proper discharge certificates from their PSU/Government/Quasi-Government employer.
NOTE 1: While filling in his/her Application Form, the candidate should carefully decide about his/her choice of centre for the Examination. If any candidate appears at a centre other than the one indicated by the Board in his/her Admission Letter, the papers of such a candidate will not be evaluated and his/her candidature will be liable to cancellation.
NOTE 2: Suitable provisions for information regarding use of scribes by the blind candidates and candidates with Locomotor Disability including Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and Muscular Dystrophy and candidates with multiple disabilities (as provided under Note II for PwBD candidates under Para 1) where dominant writing speed is affected to the extent of slowing the performance of function (minimum of 40% impairment) have been made in the online application at the time of the initial online application itself.

See Also :

RBI Officer in Grade B

MPPEB Recruitment Group 3

IBPS RRB Recruitment 2022

By Editor

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