Bank Regulatory Exams 2021: List of Regulatory Bodies in India with their Heads Details

By : Apoorva Gupta

Updated : Sep 9, 2021, 8:25

Bank Regulatory Exams are one of the most admired exams in the country by graduates. There are many regulatory bodies in India conducting recruitments on a yearly basis to fulfill the manpower requirements in the banks. Almost every sector here has its own Regulatory Body. Some of the important regulatory bodies in India are RBI, NABARD, SEBI, UPSC, and more.

A government job is a dream for all aspirants preparing for it. One of the most popular choices to choose Bank regulatory body exams is job security as well as lifestyle. Thus, a fair knowledge of these Bank Regulatory Bodies is a must in order to achieve your dream goal.

The bank regulatory body exams are conducted in three different stages which are Prelims, Mains, and Interview. Aspirant's knowledge in the English Language, Quantitive Aptitude, Reasoning Ability, General Knowledge, Computer Awareness is tested for various Government Exams including RBI Grade B, NABARD Grade A, SEBI Grade A, UPSC EPFO, and more.

Thus, all the job seekers for government exams can find here the list of Bank Regulatory Bodies and prepare for the exams like RBI Grade B, UPSC EPFO, NABARD Grade A, NABARD Grade B, IRDAI, SIDBI, etc. in a much-sorted manner with us.

What is a Regulatory Body?

A regulatory body is a public organization and is a government body that is set up to exercise regulatory functions. The main function of Regulatory Bodies in India is to regulate and supervise the various activities such as imposing requirements, conditions, or restrictions, setting the standard for activities, and enforcing in these areas or obtaining compliance.

The primary goal of a regulatory body is to protect the public from frauds, such as providing and enforcing adequate standards for health and safety in an organization. Unlike professional organizations, which require regulating, a regulatory body is created on the basis of a legal mandate or legislation. These regulatory bodies are funded by levies and have their own staff and premises.

List of Regulatory Bodies in India and their Heads

Regulatory BodiesAbbreviationSectorHeadquartersHead Person
Reserve Bank Of IndiaRBIBanking And Finance Monetary PolicyMumbaiShaktikanta Das
Securities and Exchange Board of IndiaSEBISecurities (Stock) & Capital MarketMumbaiAjay Tyagi
Insurance Regulatory and Development AuthorityIRDAIInsuranceHyderabadSubhash Chandra Khuntia
National Bank For Agriculture and Rural DevelopmentNABARDFinancing Rural DevelopmentMumbaiHarsh Kumar Bhanwala
Union Public Service Commission: Employees’ Provident Fund OrganisationUPSC EPFOProvident FundNew DelhiSunil Barthwal
Small Industries Development Bank Of IndiaSIDBIFinancing Micro Small and Medium-Scale EnterprisesLucknowSivasubramanian Ramann
National Housing BankNHBFinancing HousingNew DelhiDakshita Das
Food Safety and Standards Authority Of IndiaFSSAIFoodNew DelhiRita Teaotia

SEBI Grade A Cut Off 2018 | SEBI Grade A Syllabus 2020 | SEBI Grade A Eligibility

Reserve Bank of India (RBI)

RBI is the financial system in India is an independent regulatory body in different fields namely banking, capital market, insurance, commodity market, and pension funds. Primarily, in India, the regulation of banks and financial institutions is governed by the Banking Regulation Act, 1949.

Securities and Exchange Board of India (SEBI)

Securities and Exchange Board of India (SEBI) is a statutory body established on April 12, 1992, under the SEBI Act 1992 completely owned by the government of India. The primary function of SEBI is to safeguard the interests of investors in securities exchange and regulate the securities market. The headquarters of SEBI is located in Mumbai whereas the branch offices are located in Delhi, Kolkata, and Chennai.

Insurance Regulatory and Development Authority of India (IRDAI)

IRDAI established under the Insurance Regulatory and Development Authority Act, 1999, is an autonomous statutory body tasked with regulating and promoting the insurance and re-insurance industries in India. The headquarters of IRDAI is in Hyderabad, it is a 10-member body consisting of a Chairman, five full-time members, and four part-time members appointed by the government of India.

Bank Regulatory Exams Salary

Posts

Salary offered

RBI Grade B Officer Salary

The pay scale is ₹ 35,600/- p.m. on the scale of ₹ 35150-17 50(9)-50900-EB-17 50(2)- 54400-2000(4)-62400.

NABARD Grade A Salary

The pay scale is ₹ 28,150/- per month on the scale of 28150-1550(4) -34350-1750(7) – 46600 –EB - 1750(4)- 53600-2000(1)-55600

SEBI Grade A Salary

The pay scale of SEBI Grade A officer is ₹ 28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600- 2000(1)-55600 (17 years).

UPSC EPFO SalaryAt the entry-level, he/she will receive ₹ 47600/- (pre-revised Pay Band 2 ₹ 9300-34800/-Grade Pay Rs. 4800/-. The total salary Including allowances will amount to ₹ 85,508.

Bank Regulatory Exams Syllabus

You can check the preliminary syllabus for bank regulatory exams held in India.

English LanguageQuantitative AptitudeReasoning Ability
  • Reading Comprehension
  • Sentence Completion
  • Sentence Correction
  • Double Fillers
  • Phrase/Word Replacement
  • Data Interpretation
  • Quantity I and Quantity II
  • Miscellaneous Questions (Simple Interest/Compound Interest, Mixtures/Alligation, Percentage, Quadratic Equation, Time and Work, Profit, Loss and Discount, Probability, Mensuration, and Time, Speed, and Distance.)
  • Puzzle & Seating Arrangement
  • Input-Output
  • Logical Reasoning
  • Data sufficiency
  • Inequality
  • Coding-Decoding
  • Syllogism
  • Miscellaneous Questions

Bank Regulatory Exams Mock Tests

NABARD Grade A Mock TestRBI Grade B Mock Test
IRDAI Mock TestUPSC EPFO Mock Test

Bank Regulatory Exams Online Course

RBI Grade B Online CoachingNABARD Grade A Online Coaching
SEBI Online CoachingUPSC EPFO Online Coaching

Download the BYJU's Exam Prep app for Regulatory Bank Exam Preparation.

Sep 9Regulatory Bodies

Bank Regulatory Exams 2021: List of Regulatory Bodies in India with their Heads Details FAQs

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  • A bank regulatory body is a public organization and is a government body that is set up to exercise regulatory functions. The main function of Regulatory Bodies in India is to regulate and supervise the various activities such as imposing requirements, conditions, or restrictions, setting the standard for activities, and enforcing in these areas or obtaining compliance.

  • Given below are some of the most important regulatory bodies for bank exams: 


    • RBI Grade B
    • NABARD Grade B
    • RBI Grade B
    • UPSC EPFO
    • SIDBI
    • IRDAI
    • SEBI, etc.
  • Some of the bank regulatory body exams are  RBI Grade B, UPSC EPFO EO/AO, NABARD Grade A, NABARD Grade B, IRDAI, SIDBI, etc.

  • The basic pay for the bank regulatory bodies begins from Rs. 35150. You also get additional perks, benefits, allowances as well.

  • The bank regularly body syllabus consist of English Language, Quantitative Aptitude, Reasoning Ability, Banking General Awareness.

  • Yes, current affairs related to banking are asked in the bank regulatory body exams.

  • The headquarters of some of the important regulatory bodies in India is given below: 

    • Securities and Exchange Board of India (SEBI): Mumbai
    • Insurance Regulatory and Development Authority (IRDAI): Hyderabad
    • National Bank For Agriculture and Rural Development (NABARD): Mumbai 
    • Union Public Service Commission: Employees’ Provident Fund Organization (UPSC EPFO): New Delhi
    • Small Industries Development Bank Of India (SIDBI): Lucknow
    • Food Safety and Standards Authority Of India (FSSAI): New Delhi
  • The primary goal of a bank regulatory body is to protect the public from frauds, such as providing and enforcing adequate standards for health and safety in an organization. A regulatory body is created on the basis of a legal mandate or legislation.

  • The selection process for banking regulatory bodies is done through the following stages: 

    • Prelims Exam
    • Mains Exam
    • Interview
    • Group Discussion (If required)

Posted by:

Apoorva GuptaApoorva GuptaMember since May 2019
Computer Science Graduate, IIIT 2016