RBI Grade B Notification 2022 Out: Download Official Notification PDF

By Amrit Gouda|Updated : March 26th, 2022

RBI Grade B Notification 2022: RBI has recently released the full notice regarding RBI Grade B 2022 notification in a newspaper. A total of 303 vacancies has been announced out of which 238 vacancies are announced for Officers in Grade ‘B’(DR)- General. RBI will release the detailed RBI Grade B Notification 2022 PDF on the official website on 28th March. The online application and fee payment will start from 28th March until 18th April 2022.

Along with the RBI Grade B Notification, the Reserve Bank of India (RBI) has also released the application form date, Phase 1, phase 2, interviews, and other important dates. For more details, you can download the RBI Grade B notification 2022 PDF here to know the total vacancies, important dates, direct apply online link, exam fee, eligibility, and exam pattern. 

Table of Content

RBI Grade B Notification 2022 Overview

Every recruitment notice has an overview. Students should read the RBI Grade B Notification 2022 summary to learn about the organization, the number of positions available, application fees, exam dates, and other important information. In the table below, we'll go over each important element of the notification and exam in detail.

CategoryOverview
Name of the examRBI Grade B
Conducting bodyReserve Bank of India
Post nameGrade B
vacancies303
Notification release date25 March 2022
Mode of examOnline
Frequency of examonce in a year
Stages of examPhase 1, phase 2, and interview
Level of examNational
Exam languageEnglish, Hindi

To know all the details regarding RBI Grade B notification, kindly watch the below session taken by expert faculty of BYJU'S Exam Prep.

RBI Grade B Notification 2022 Release Dates

The exact schedule for the RBI Grade B Notification 2022 has been released along with the official advertisement. For the convenience of applicants, the notification release date and other important dates are mentioned here. The table below contains all of the important dates for the interested candidates.

EventDate
RBI Grade B Notification 2022 Release date21st March 2022
Release of online application form28th March 2022
Last date to submit the online application form18th April 2022
RBI Admit card for Phase-I ExamMay 2022
Officers in Gr B (DR)- General Phase-I – Online Examination28th May 2022
Officers in Gr B (DR)- Phase-II – Paper I, II & III Online Examination25th June 2022
Officers in Gr B (DR) – DEPR- Phase I – Paper – I – Online Examination02nd July 2022
Officers in Gr B (DR)- DEPR- Phase-II – Paper I, II & III Online Examination06th August 2022
Officers in Gr B (DR)- DSIM- Phase I – Paper – I – Online Examination02nd July 2022
Officers in Gr B (DR)- DSIM- Phase I – Paper – II & III – Online Examination06th August 2022
RBI Grade B Mains Result
Interview Process
Declaration of the final result

To watch concept classes and chapter-wise sessions by exam-qualified experts, you can try our RBI Grade B Online Coaching.

Download RBI Grade B Recruitment 2022 Notification PDF

You can click the below link to download the full notification. You can have a look at the official short notice published by RBI in a newspaper.

RBI Grade B Notification 2022 PDF Link

RBI Grade B Notification 2022 Vacancy

Let's discuss the RBI Grade B vacancy 2022. The authority has announced a total of 303 vacancies for different posts. Please go through the below table.

Posts

Number of Vacancies

PWD Category

Unreserved i.e., General (GEN/UR)

Scheduled Castes (SC)

Scheduled Tribes (ST)

Other Backward Classes (OBC)$

EWSs

@

TOTAL

A

B

C

D

1. Officers in Grade ‘B’(DR)- General

109321559232385 (3)7 (4)6 (3)4 (2)

2. Officers in Grade ‘B’(DR)- DEPR

1145 (3)8331--1 (1)1

3. Officers in Grade ‘B’(DR)- DSIM

77 (4)5 (4)422511(1)-1 (1)

4. Assistant Manager - Rajbasha

321006-(1)--

4. Assistant Manager - Protocol & Security

12(1)0003----

Total

-----303----
 

RBI Grade B Eligibility Criteria 2022

Age Limits:

Minimum Age: 21 Years

Maximum Age: less than 30 Years

  • The cut-off date to consider the age is 01/01/2022.

The age relaxation as per category is given below:

CategoryAge Relaxation
SC/ST5 years
OBC3 years
Physically Handicapped10 years
PH+OBC13 years
PH+SC/ST15 years

Educational Qualifications:

The following minimum educational qualifications are prescribed for the posts:

Posts

Minimum Educational Qualifications:

1. 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 / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.

Note:

Any such full-time course from a recognized University / Institute that is taken after Class XIIth and is at least of 3 years duration/ candidates possessing professional and technical qualifications which are recognized by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination.

Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.

 

OR

·    Any such full-time course from a recognized University / Institute that is taken after graduation and is at least of 2 years duration / recognized by the Government as equivalent to post-graduation will be eligible for admission to the examination.

2. 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 recognized 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 recognized 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 recognized Indian or Foreign University /Institute.

Note: SC, ST, and PwBD candidates having second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters/years in Master's Degree examination or equivalent recognized qualifications are eligible to apply.

Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.

Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.

d.   (i) Candidates having Master's Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in the upper age limit to the extent of a number of years of such experience subject to a maximum of three years. For experience, the probationary period will not be reckoned.

(ii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

3. 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 postgraduate 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 the 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 PhD qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.

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 a number of years of such experience subject to a maximum of three years. For experience, the probationary period will not be reckoned.

The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

You can practice Mock tests in the BYJU'S Exam Prep RBI Grade B test series.

RBI Grade B Selection Process

There are three stages in the RBI Grade B selection Process. Candidates have to qualify for each stage to get the final selection. Unlike the previous year, RBI has made some major changes in the phase-2 exam. This year RBI has introduced a subjective paper along with the objective. Check the exam pattern and other changes details in the RBI Grade B selection process.

  1. Preliminary Phase (Objective)
  2. Mains Examination (Objective+ Subjective)
  3. Interview

Exam Pattern for RBI Grade B Prelims (General)

Time of total of 120 minutes will be given, However, there will be sectional timing for each section. Each candidate has to score minimum qualified marks which will be decided by the bank(both aggregate and in each section) Those who will secure the minimum marks will be qualified for phase 2.

Name of SubjectNo. of QuestionsMaximum MarksTime Duration
General Awareness808025 Minutes
English Language303025 Minutes
Quantitative Aptitude303025 Minutes
Reasoning Ability606045 Minutes
Total200200120 Minutes

Exam pattern for Phase-2(General)

For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each). In the case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, the candidate answers more than 4 questions in descriptive, the first 4 shall be evaluated

Name of Paper

Type of Paper

Time (Minutes)

Number of questions

Marks

Paper-I:

Economic                     and Social Issues

50% Objective Type

50% Descriptive, answers to be

typed with the help of the keyboard

30

90

Total-120

@

50

50

Total-100

Paper-II:

English                 (Writing Skills)

Descriptive, answers to be typed with the help of the keyboard

90

3

100

Paper-III:

Finance                     and Management

50% Objective Type and 50% Descriptive, answers to be typed

with the help of the keyboard

30

90

Total-120

@

50

50

Total-100

RBI Grade B Interview

The last and final round will be an interview. Candidates who will qualify for both phase-1 and phase-II will be called for the interview process. Candidates will be shortlisted for the interview round based on their performance in phase-II (Paper 1+ Paper 2+ Paper 3). The interview round will consist of 75 Marks. Minimum cut-off aggregate marks for being shortlisted for the final round will be decided by the organizing authority.

Note: Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview and grace marks as applicable as per extant rules.

RBI Garde B Salary Details

RBI is one of the banking institutions which offers the most decent salary, perks, and other benefits to its employees. No doubt, it is the highest paying institution when it comes to emoluments and other benefits. Depending on the place of the posting RBI Grade B officer is entitled to draw a salary package of 18 lac P.A (Approximately). It can be more or equal in other metropolitan cities. Check the salary breakup of RBI Grade B Officer below.

  • Selected candidates will be paid INR 55,200/-p.m. as a beginning basic pay in the pay range INR 55,200-2850(9)-80,850-EB-2850 (2) - 86,550-3300(4)-99,750 (16 years) applicable to Officers in Grade B.
  • According to the rules in effect at the time, they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance.
  • Initial monthly gross emoluments are INR 1,08,404/- at the moment (approx).

Check the list of the Allowances and perquisites given to RBI officers.

AllowancesPerquisites
  • Dearness Allowance
  • Local Allowance
  • House Rent Allowance
  • Family Allowance
  • Grade Allowance
  • Medical Allowance
  • Bank Accommodation
  • Reimbursement of expenses for maintenance of vehicle for official purpose
  • Leave Fare Concession
  • Loans and Advances at concessional rates
  • Furnishing of Residence
  • Fuel Allowance

RBI Grade B Application Fees 2022

Application fees as mentioned below is mandatory for the aspirants. However, there is no application fees for the RBI Staff members if they satisfy the mandatory eligibility conditions. Make sure you pay the application fee before the deadline to make your registration process complete.

Category

Charges

Amount*

SC/ST/PwBD

Intimation Charges only

₹ 100/-

GEN/OBC/EWSs

Application fee including intimation charges

₹ 850/-

STAFF@

Nil

Nil

RBI Grade B Apply Online 2022

Interested and eligible candidates will be able to apply online by visiting the below link. They need to fill out the application form by following the required guidelines.

RBI Grade B Recruitment 2022 Application Form Link (will be updated)

How to Apply Online for RBI Grade B Notification 2022?

Eligible candidates can apply online for the RBI Grade B 2022 Examination in their appropriate stream. Candidates are not required to submit a paper copy of their completed online application to RBI.

  1. Go to the career page on the RBI official website.
  2. Click on "Apply Online".
  3. A new window will be opened.
  4. Now click on "New Registration". and enter all the required details.
  5. Now you will have to log in with your credentials.
  6. Fill out the application form and attach your supporting documentation.
  7. Upload and submit a high-quality scanned copy of all required documents.
  8. Complete the application fee payment process online to pay your application fees.
  9. Keep the completed application form and fee payment receipt as a PDF soft copy or print it off for future use after making successful fee payment.

This was all from our side regarding the RBI Grade B Official Notification. For further details on the same stay tuned with us. 

Related Links

RBI Grade B

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RBI Grade B Cut Off

RBI Grade B Preparation Tips

RBI Grade B Question Papers

RBI Grade B Books

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FAQs

  • RBI has recently released the full notice regarding RBI Grade B 2022 notification in a newspaper. A total of 303 vacancies has been announced out of which 238 vacancies are announced for Officers in Grade B General. RBI will release the detailed advertisement on the official website on 28th March 2022.

  • As per the short notification released by RBI, the RBI Grade B Phase 1 exam will be conducted on 28th May 2022. RBI has also released other important exam details like apply online date, online fee payment date, Phase 2 date, etc.

  • RBI has recently released the full notice regarding RBI Grade B 2022 notification in a newspaper. A total of 303 vacancies has been announced out of which 238 vacancies are announced for Officers in Grade B General. RBI will release the detailed advertisement on the official website on 28th March 2022.

  • There are three stages in the RBI Grade B selection Process 2022. Candidates have to qualify for each stage to get the final selection. The Phase 2 exam will be both subjective and objective. Check the exam pattern and other changes details in the RBI Grade B selection process.

    1. Phase 1 (Objective)
    2. Phase 2 (Objective+ Subjective)
    3. Interview
  • Selected candidates will be paid INR 55,200/-p.m. as a beginning basic pay in the pay range INR 55,200-2850(9)-80,850-EB-2850 (2) - 86,550-3300(4)-99,750 (16 years) applicable to Officers in Grade B. According to the rules in effect at the time, they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance. Initial monthly gross emoluments are INR 1,08,404/- .

  • Once the Reserve Bank of India(RBI) activates the online application link, interested candidates can start applying. Interested and eligible candidates will be able to apply online by visiting the link given in this blog. They need to fill out the application form by following the required guidelines.

  • Application fees as mentioned below is mandatory for the aspirants. However, there are no application fees for the RBI Staff members if they satisfy the mandatory eligibility conditions. The application fee for SC/ST is Rs. 100 and for Gen/OBC/EWS the application fee is Rs. 850.

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