(This advertisement and the link to apply Online can be accessed on RBI Website www.rbi.org.in)
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 2023
IMPORTANT INSTRUCTIONS
‘Build your Nation. Build your career’
Life with RBI is not just another career. It's a commitment. Commitment to serve the Nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves.
Come to RBI if you are looking for an ecosystem that encourages continuous learning, an equal opportunity work environment, a supportive HR climate and, of course, an attractive compensation structure.
We are a full service Central Bank handling a variety of functions. An exciting array of job roles are handled by our officers in Grade ‘B’ depending upon their postings. For more on this, please click / type the following URL in your browser https://opportunities.rbi.org.in/scripts/roles.aspx
1. Candidates to Ensure their Eligibility for the Posts:
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. Such candidates can be removed from Bank’s services without notice if he / she has already joined the Bank.
2. Mode of Application:
Candidates are required to apply ON LINE only through the Bank's website www.rbi.org.in. No other mode for submission of application is available.
Brief Instructions for filling up the "Online Application Form" are given in Appendix-I.
4. Help Facility: In case of any problem in filling up the form, payment of fee/intimation charges, or in
downloading of Admission Letter, queries may be made through the link http://cgrs.ibps.in
Do not forget to mention 'RBI Officers in Grade 'B'-' DR' GENERAL/DEPR/DSIM (as applicable), in the
subject of the email.
5. Use of MOBILE PHONES and other electronic devices BANNED:
(a) The use of any mobile phone (even in switched off mode), pager or any electronic equipment or
programmable device or storage media like pen drive, smart watches etc. or camera or blue tooth
devices or any other equipment or related accessories either in working or switched off mode capable
of being used as a communication device during the examination is strictly prohibited. Any infringement
of these instructions shall entail disciplinary action, including ban from future examinations.
(b) Candidates are advised in their own interest not to bring any of the banned items including mobile
phones/pagers to the venue of the examination, as arrangement for safe-keeping cannot be assured.
(c) Candidates are advised not to bring any valuable/costly items to the Examination Halls, as safe-
keeping of the same cannot be assured. The Board will not be responsible for any loss in this regard.
(d) Use of calculators is not permitted in Phase I for Gr B (DR) General and Paper I for DEPR / DSIM of
this examination. However, non-programmable electronic calculator will be made available online on the
screen for Paper II DSIM candidates only.
6. Corrigendum: Please note that Corrigendum, if any, issued on the above advertisement, will be
published only on the Bank's website www.rbi.org.in.
SERVICE CONDITIONS/ CAREER PROSPECTS:
I. Pay Scale: Selected Candidates will draw a starting basic pay of ₹55,200/-p.m. in the pay scale of ₹55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B and they will also be eligible for Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, House Rent Allowance as per rules in force from time to time. At present, initial monthly gross emoluments (without HRA) are Rs. 1,16,914/- (approximately) The House Rent Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.
Note: For candidates possessing very high academic or professional qualification / experience of significant value to the Bank, the Bank may, at its sole discretion, consider granting up to four advance increments. The Board, at its sole discretion, may consider requests for higher emoluments because of higher qualification/special experience of value to the Bank at the interview stage only. Such information may be furnished in the Bio-data Form in the appropriate column. The number of increments will be maximum four. The Board/Bank will not entertain any request received after the interview.
II. Seniority: Candidates selected from recruitment for the post of Officer in Gr. B (DR) GENERAL stream will join General Cadre and candidates selected from recruitment for the post of Grade B (DR) DEPR/DSIM stream will join DEPR/DSIM Cadre.
III. Perquisites: Bank's accommodation, subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility. Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility. Interest free festival advance, Leave Travel Allowance (once in two years for self, spouse and eligible dependents). Loans and Advances at concessional rates of interest for Housing, Vehicle, Education, Consumer Articles, Personal Computer, etc.
IV. Selected candidates will be governed by the 'Defined Contribution New Pension Scheme (NPS) which is mandatory for all employees joining the services of the Bank on or after January 01, 2012', in addition to the benefit of Gratuity.
V. At certain centres, limited number of residential quarters are available. Facility for securing residential accommodation on lease, however, exists at all centres.
VI. Initial appointment will be on probation for a period of two years. At Bank's discretion, the probationary period may be extended up to a maximum period of four years.
VII. There are reasonable prospects for promotion to higher grades.
VIII. Selected candidates are liable to be posted and transferred anywhere in India.
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 May 01, 2023):
a) A candidate must have attained the age of 21 years and must not have attained the age of 30 years on May 01, 2023 i.e., he/she must have been born not earlier than May 02, 1993 and not later than May 01, 2002.
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 Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs) who have rendered at least five years Military Service as on May 01, 2023 and have been released;
a. on completion of assignment (including those whose assignment is due to be completed within one year from May 01, 2023) 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 May 01, 2023 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. up to a maximum of 10 years in the case of Gen/ EWSs PwBD candidates. 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) viz., Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), Small Industries Development Bank of India (SIDBI) and National Bank for Financing Infrastructure and Development (NaBFID), 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, as per RBI circular CO.HRMD.No. G132 / 17000 /05.01.01/2013-14 dated June 9, 2014, 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.
Note I: - Candidates belonging to either the SC or the ST or the OBC category who are also covered under clauses of para 3(II)(b) (iv), (v) and (vi) above, viz. those coming under the category of Ex-servicemen or PwBD, will be eligible for grant of cumulative age-relaxation under both categories. Other than these two categories, cumulative age relaxation will not be available either under the above items or in combination with any other items.
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