RBI Officer Grade B Recruitment Notification 2023; Apply Online for 291 Posts

RBI Officer Grade B Recruitment Notification
RBI Officer Grade B Recruitment Notification

RBI Grade B Notification

On April 26, 2023, RBI Grade B Short Notice is released! On May 9, 2023, a comprehensive notification will be released. You may reach greater heights as a result of passing the RBI Grade B 2023 test. The RBI conducts an examination each year to select officers for its Manager cadre, commonly known as RBI Grade B officials. For your reference, we have included all the pertinent details concerning the RBI Grade B 2023 Exam in this blog article. Additionally, download the 2023 RBI Grade B Notification.

  • Beginning on May 9, 2023, applicants will have until June 9, 2023 to submit their applications.
  • Phase 1 of the RBI Grade B Exam will be held on July 9th, 2023, and Phase 2 will be held on July 30th, 2023, for General Posts. The exam dates for other posts are shown below.
  • Phase 1 (Prelims), Phase 2 (Mains), and Interview are the three phases of the RBI Grade B Selection Process.
  • The three positions of Generalist, DEPR, and DSIM are included in the RBI Grade B Vacancy.

Table of Contents

RBI Grade B Notification Dates Details

Check out the below-given table to know how much time we have for the preparation.

Phase 1 Exam Date (For General Posts): 9th July 2023

Phase 2 Exam Date (For General Posts): 30th July 2023

RBI Grade B Notification 2023 Out

On April 26, 2023, the RBI Grade B Short Notice was published. Candidates will be able to submit their applications online between May 9 and June 9, 2023. For general posts, Phase 1 will take place on July 9, 2023, and Phase 2 on July 30, 2023. There are 291 open positions in all. Phase 1 of DEPR will begin on July 16, 2023, while Phase 2 will begin on September 2, 2023. Phases 1 and 2 of the DSIM will take place on July 16 and August 19, respectively, in 2023.

RBI Grade B 2023 Notification Overview

On April 26, 2023, the RBI released its Grade B Notification on its official website. We will assist you in gaining a quick understanding of the topics covered by the RBI Grade B Notification. Also take notice that the RBI Grade B 2023 Notification has been published for a number of positions, including:

  • Officers in Grade ‘B’ (DR) – (General)
  • Officers in Grade ‘B’ (DR) – DEPR
  • Officers in Grade ‘B’ (DR) – DSIM

For RBI Grade B Officers

Name of the Exam: RBI Grade B 2023

Exam Conducting Body: Reserve Bank of India 

Exam Category: Regulatory Body Exam

Exam Level: National

Exam Mode: Online

Vacancies for RBI Grade B 2023 Officers: 291

Language of Exam: English and Hindi

Periodicity: Once a Year

Selection Process: Phase 1 (Prelims), Phase 2 (Mains), Interview

Official Website: https://www.rbi.org.in/

Maximum Number of Attempts: 6 for a General Category Candidate(If you have attempted the Phase 1 exam 6 times, then you are not eligible.)

Online Registration Start Date: 9th May 2023

Last Date to Apply: 9th June 2023

RBI Grade B Exam Date 2023 for Phase 1: 9th July 2023 for General and 16th July 2023 for DEPR, DSIM

RBI Grade B 2023 Exam Date for Phase 2: 30th July 2023 for General and 2nd September 2023 for DEPR and 19th August 2023 for DSIM

Age Limit: 21 to 30 Years

Education: Graduate in any field with a minimum grade point average of 60% for general applicants, or postgraduate in any field with a minimum grade point average of 55%.

RBI Grade B Notification 2023 Important Dates

The dates for RBI Grade B in 2023 are shown below. You may view the updated dates here.

Sr.EventRBI Grade B 2023 Exam Date
1.Notification26th April 2023 (Short)
9th May 2023 (Detailed)
2.Registration Open9th May 2023
3.Registration Last Date9th June 2023
4.RBI Grade B Phase 1Admit CardJune/ July 2023
5.RBI Grade B Exam Date 2023 (Phase 1) 9th July 2023 (General)
16th July 2023 (DEPR, DSIM)
6.RBI Grade B Phase 1 ResultTo be notified
7.RBI Grade B Phase 2 Admit CardJuly 2023
8.RBI Grade B 2023 Exam Date (Phase 2)30th July 2023 (General)
19th August 2023 (DSIM)
2nd September 2023 (DEPR)
9.RBI Grade B Phase 2 Result DateTo be updated
10.RBI Grade B Interview DateTo be updated
11.RBI Grade B Final Result DateTo be updated

RBI Grade B Post wise Vacancies 2023

The RBI Grade B Notification 2023 has a total of 291 openings for Grade B Officers. You may view the available RBI Grade B positions here.

Sr.Post Name RBI Grade B Vacancies 
1.RBI Gr. B Officer (DR) – General 222
2.RBI Gr. B Officer (DR) – DEPR 38
3.RBI Gr. B Officer (DR) – DSIM31

RBI Grade B Exam Dates 2023

The notice is issued on April 26, 2023, and candidates who are diligently studying for the next RBI Grade B Exam must take note of this date. The notice and the RBI Grade B Vacancy 2023 have both been made public.

Sr.RBI Grade B Exam Dates 2023Dates
1.RBI Grade B Phase 1 Admit Card Date 2023June/July 2023
2.RBI Grade B Phase 1 Exam Date 20239th July 2023
3.RBI Grade B Phase 2 Admit Card Date 2023July 2023
4.RBI Grade B Phase 2 Exam Date 202330th July 2023
5.RBI Grade B Interview Admit Card Date 2023To be updated
6.RBI Grade B Interview Date 2023To be updated

RBI Grade B Notification 2023: Eligibility Criteria

Candidates planning to apply for the RBI Grade B test in 2023 should make sure they meet the minimal requirements outlined by RBI in their announcement. If they failed to meet the RBI Grade B Eligibility requirements, their application may be rejected at any point throughout the RBI Grade B Recruitment 2023 selection process.

RBI Grade B Age Limit 2023

The minimum age to apply for the RBI Grade B officer test is 21, according to the RBI Grade B Age Limit 2023. As of January 1st, 2023, you ought to be at least 21 years old.

The RBI Grade B officer test has a 30-year age limit for applicants. This suggests that you shouldn’t be older than 30.

RBI Grade B 2023 Category Wise Age Relaxations

For those preparing for the RBI Grade B test, the maximum age restriction extension is as follows:

For SC/ST : 5 years

For OBC : 5 years

For Ex-Servicemen : 5 years

For ECOs/SSCOs : 5 years

For PwD : 10 years

For Experienced Candidates (Scheduled Commercial Banks, Public Sector Insurance Companies, All India Financial Institutions, RBI): Number of years of experience (cannot be more than 33 years)

For Ex-employees of banks going into termination and/or liquidation/ personnel retrenched from Govt Offices with at least 1 yr service : 5 years

RBI Grade B Education Qualification 2023

For RBI Grade B (DR) – (General)

You must receive a minimum of 60% on your Bachelor’s degree (or an equal grade in the case of SC, ST, or PWD candidates) OR a minimum of 55% on your postgraduate degree (pass grades for SC, ST, or PWD applicants).

The cumulative total for all semesters/years will be used to determine the minimal qualifying percentage, or an equivalent grade, for the Bachelor’s degree.

1. Graduation Level:

Candidates with professional or technical qualifications that are recognised by the government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to achieving the minimum marks specified above. Such courses must be taken from a recognised university or institute after Class XII and be at least three years in length.

2. Post-Graduation Level:

Any such post-graduate course from a recognised university or institute that is at least two years long and recognised by the government as being equivalent to a professional or technical post-graduation will be eligible for admission to the examination, provided that the student receives the minimum marks outlined above.

RBI Grade B Preparation Strategy 2023

The candidates must check out the below points to know the RBI Grade B Preparation Strategy.

  1. English: Your goal is to complete 25 questions in 18 to 20 minutes..
  2. General Awareness: You have 20 minutes to complete 65–70 questions with excellent accuracy. If you are unsure about some of the answers, don’t worry or answer incorrectly. There is space for 10 to 15 questions.
  3. Quantitative Aptitude: In 25 to 30 minutes, you must aim to answer at least 15 questions correctly. Move on to the next section after answering 15 correctly, and if time allows, return to answer 3–4 more correctly.
  4. Reasoning: If all are answered correctly, a minimum of 35 questions must be answered. Alternatively, 40 accurate questions will take 45 to 50 minutes..

RBI Grade B Online Application 2023

To be eligible to take the exam, you must complete the online application.

Sr,Important EventsDates
1.Commencement of online registration of application9th May 2023
2.Closure of registration of application9th June 2023
3.Closure for editing application detailsJune 2023
4.Last date for printing your applicationJune 2023
5.Online Fee Payment9th May to 9th June2023

 RBI Grade B Application Form

There are five parts on the RBI Grade B application form. The processes for completing the RBI Grade B Officer Application Form are as follows:

Prerequisites for Applying Online

  • Passport-size photo that has been scanned in accordance with the rules
  • Scan of the Signature
  • documents that prove your address, your schooling, etc.
Application Fees/ Intimation Charges
  • Rs 850-/ For General/OBC/EWS Candidates
  • Rs 100-/ For SC/ST/PWD Candidates
  • No application fee for the RBI Staff

RBI Grade B Exam 2023 Apply Online Process

Every year, the application procedure is the same. The procedures listed below will help you comprehend the online application procedure.

1 Go to the RBI’s official website.

2 The “RBI Grade B Officer Application Form Released” notice can be clicked. You’ll be taken to a new page where you may register online.

3 Click on ‘Click Here for New Registration’.

4 Enter the necessary information, such as Name, Address, Age, Contact Information, and Email Address. Next, select Save and Next. Following successful registration, a registration number and password will be shown on the screen. Candidates are urged to retain or write down their registration number and password for further use.

5 Upload the photo and signature in accordance with the directions in the notice pdf.


6 Include information on his or her educational history, including degrees (high school, graduate, etc.), grades (as listed on the mark sheet), and any relevant job experience.

7 Verify all of the data that was entered into the form. Candidates must carefully study and verify for any inaccuracies on the application form. This is important because after you click the submit button, you won’t be able to make any further changes.

8 The ‘Save’ button should be clicked.

9 Paying the application fee. The payment must be done online using a debit card, credit card, or net banking. The application cost must be paid before your application form is deemed “submitted.”

Upon successfully submitting the application form, the candidate will receive an email or text message as a notice alert. Take a printout of the application form and payment information. Prior to the planned day of the preliminary test, candidates have 10 days to download their RBI Grade B admit cards or hall tickets.

RBI Grade B Selection Process 2023

The selection procedure for RBI Grade B is as follows:

  • Prelims which is Phase I
  • Mains which is Phase II
  • The interview which is Phase III

RBI Grade B Exam Pattern (Phase 1: Prelims)

The Reasoning, General Awareness, Quantitative Aptitude, and English Language components make up the RBI Grade B Prelims test. The table below contains the comprehensive test schedule.

Sr.SectionsTotal QuestionsMarksDuration
1.Reasoning606045 minutes
2.General Awareness808025 minutes
3.English Language303025 minutes
4.Quantitative Aptitude303025 minutes
Total200200120 minutes

RBI Grade B Notification 2023: – Negative Marking

The RBI Grade B Exam 2023 (Phase 1) contains negative marking. Each inaccurate or incomplete response will result in a deduction of one-fourth of the total points for that question.

RBI Grade B Exam Pattern Phase 2 Mains

There are three papers in the RBI Grade B Mains exam: Paper 1, Paper 2, and Paper 3. While Paper 2 is entirely descriptive in nature, Paper 1 and 3 contain both objective and descriptive questions. The tabular version of the detailed format is shown below.

For the General Posts

Sr.PapersType of testTotal MarksDuration
1.Paper 1 : Economic and Social Issues50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)
50 marks
50 marks
30 mins
90 mins
2.Paper 2 : English (Writing Skills)Descriptive Test100 marks90 mins
3.Paper 3 : Finance and Management50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)
50 marks
50 marks
120 minutes

RBI Grade B Phase 3: Interview

The number of candidates chosen for the interview will depend on how well they fared overall in Phase 2 (Paper 1 + Paper 2 + Paper 3). The Board will set the minimal overall cut-off score in proportion to the number of openings in order to be selected for an interview.At the proper time, the RBI website will publish the applicant roll numbers who have been selected for interviews, and interview invitations will be sent to the registered email addresses.

The interview will comprise 75 marks.  

Before attending the interview, the candidate must take a psychometric test administered by the bank. This will not be part of the final selection criterion and no points will be given for it.

Candidates have the option of an English or a Hindi interview.

The final selection will be made using a merit list that will be created by aggregating the candidates’ scores from the Phase 2 exam, the interview, and any relevant grace points.

RBI Grade B Syllabus 2023

Candidates must only use the approved syllabus as a starting point for their preparation for the RBI Grade B Exam. Nevertheless, the 2023 RBI Grade B Notification has not yet been made public.

Syllabus for RBI Grade B Phase 1

Phase 1 is separated into four portions, therefore we’ve included a detailed description of each subject’s curriculum below.

Syllabus for RBI Grade B Quantitative Aptitude

Quantity-based questions (Q1, Q2, Q3, etc.), data sufficiency, simplification, approximation, quadratic inequalities, and number series (missing and incorrect no. series) are all examples of data interpretation.
Partnership, Average, Ages, Profit & Loss, Time & Work, Speed & Distance, Boat & Stream, Trains, Simple Interest and Compound Interest, Percentage, Ratio & Proportion, are all significant topics in arithmetic.

Curriculum for RBI Grade B in Reasoning

Alphanumeric Series, Order and Ranking, Direction Sense, Alphabet Test, Data Sufficiency, Inequalities, Seating Arrangement, Puzzle, Syllogism, Blood Relations, Input-Output, Coding-Decoding, and Logical Reasoning are some of the tests that are available.

English Language Syllabus for Grade B at RBI

Cloze Test, Fillers, Spotting the Errors, Para Jumbles, New Pattern Questions, Phrases and Idioms, Word Rearrangement, Column Based Questions, Sentence Improvement, Paragraph Completion, Grammar, and Reading Comprehension are all types of exam questions.

General Awareness Syllabus for RBI Grade B  
  • Daily News (for Phase 1 & 2)
  • Static GK (for Phase 1)
  • Economic Survey (for Phase 1 & 2)
  • Union Budget (for Phase 1 & 2)
  • Census 2011 (for Phase 1 & 2)
  • SECC 2011 (for Phase 1 & 2)
  • Important RBI Notifications, Circulars, Reports (for Phase 2 – high priority, Phase 1 – fewer chances)
  • Government Schemes (Union & State Govt schemes, Phase 1 & 2)
General Awareness – Specific Topics for Current Affairs
  • Appointments/Committees/Constituencies
  • Sports
  • Awards/Film Festivals
  • Meetings/Summits
  • Schemes/Campaigns/Portals
  • International News/India’s initiative with other countries
  • Miscellaneous – Ports/Industrial Parks, museums, Power plants, nuclear plants, any missile launch, etc
  • Reports/Indices
  • Obituary
  • Banking Terminology
  • Headquarters of Banks
  • Economic and Financial news (like news related to Monetary Policy; Important Guidelines)
  • Census Data
  • Socio-Economic Caste Census
  • Union Budget
  • Economic Survey

Topics that are marked in bold are specific to Phase 1.

General Awareness – Specific Topics for Static GK
  • Biography/Autobiography
  • Abbreviations
  • Festivals
  • Stadiums
  • National Parks / Sanctuaries
  • Books
  • Sports
  • Places of Importance like World Heritage Sites/Lakes/Rivers/Mountains/Temples
  • Currency
  • Headquarters
  • Capitals
  • National and International Days/Themes
  • Dams
  • Miscellaneous
  • Airports

RBI Grade B Phase 2 Syllabus

The Phase 2 test will only be open to the applicants who pass the Phase 1 exam. The whole RBI Grade B Exam Syllabus for Phase 2 is provided here.

Economic and Social Issues (ESI) Syllabus for RBI Grade B

Growing & Developing:

Growth is measured in terms of national income, per capita income, India’s efforts to combat poverty and create jobs, and environmental concerns.

India’s economy:

Economic History of India – Changes in Monetary and Fiscal Policy since Reforms in 1991 – Priorities and Recommendations of Economic Survey and Union Budget – Indian Money and Financial Markets: Linkages with the Economy – Role of Indian Banks and Reserve Bank in the Development Process – Public Finance – Political Economy – Industrial Developments in India – Indian Agriculture – Services Sector in India.

Globalisation (c)

IMF and World Bank, WTO, Regional Economic Cooperation, International Economic Issues, Opening up of the Indian Economy, Balance of Payments, Export-Import Policy, and International Economic Institutions.

d) India’s Social Structure:

Multiculturalism, Demographic Trends, Urbanisation and Migration, Gender Issues, Social Justice: Positive Discrimination in Favour of the Underprivileged, Social Movements, Indian Political System, Human Development, Social Sectors in India, Health and Education.

RBI Grade B Descriptive English Syllabus

The English paper must be structured to evaluate writing abilities, such as topic expression and comprehension, essay writing, letter writing, precise writing, etc.

RBI Grade B Finance and Management Syllabus

System of Finance

Bank and financial institution regulators, The Reserve Bank of India implements monetary policy, Indian Banking System: Structure and Issues, Institutions of finance, such as SIDBI, EXIM Bank, NABARD, NHB, etc. The banking industry is changing, Effects of the 2007–2008 global financial crisis and India’s reaction

Financial Markets

Primary and Secondary Markets, Functions, Instruments, and Recent Developments (Forex, Money, Bond, Equity, etc.).

General Subjects:

Risk Control in the Banking Industry, Fundamentals of derivatives general trends and most recent advances in international banking and the global financial markets, Financial Inclusion, Alternative Financing Sources, Private and Social Cost-Benefit Analysis, Public-Private Cooperation, The significance of e-governance in tackling issues of corruption and inefficiency in the government sector, corporate governance in the banking industry, The Union Budget: Ideas, Methods, and Major Trends Definition, patterns, projections, effects, and solutions (control) for inflation Finding a balance between inflation and growth through monetary and fiscal policy; WPI, CPI – components and trends; FinTech


Management Foundations & Organisational Behaviour:

a brief overview of management; Scientific, administrative, human relations, and systems approaches to management have evolved in management theory; Nudge theory; managerial duties and responsibilities.

Organisational behaviour definition & idea; Personality:

The Big Five model of personality, meaning-related components, the idea of reinforcement, and perception-related concepts like perceptual mistakes.


Concept, significance, Content theories (such as Herzberg’s two-factor theory, McCllelands’ theory of needs, Alderfers’ ERG theory, and Maslow’s need theory), and Process theories (such as the Adams equity theory and Vroom’s expectation theory).


Emotional intelligence: concept, importance, dimensions; theories of trait, behavioural, contingent, charismatic, transactional, and transformational leadership. Johari Window and Transactional Analysis are used to analyse interpersonal relationships; Conflict: Definition, Causes, Categories, and Resolution; Organisational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model). Organisational Change: Concept, Kurt Lewin Theory of Change.

Corporate governance and workplace ethics:

What ethics are, and why do ethical issues arise in business. ethical theories By evaluating the rights, obligations, and societal costs and benefits, utilitarianism Integrating usefulness, rights, justice, and compassion, as well as justice and fairness, Virtue ethics, teleological theories, egoism theory, and relativism theory are alternatives to moral principles. Business ethics include compliance, finance, human resources, marketing, and other areas. Introduction, Organisation Structure and Ethics, Board of Directors’ Role, Best Practises in Ethics Programme, Code of Ethics, Code of Conduct, etc. are some of the topics covered in “Ethical Principles in Business.”

corporate leadership:

Corporate governance mechanisms and factors that influence them.


Steps in the Communication Process; Communication Channels; Verbal vs Nonverbal Communication; Upward, Downward, and Lateral Communication; Oral versus Written Communication; Verbal versus Nonverbal Communication; Communication Roadblocks and the Function of Information Technology.

RBI Grade B Salary 2023

The monthly pay for an RBI Grade B officer is shown in the table below. Please look at this.
According to a recent wage revision for RBI Grade B employees, the base salary has increased to Rs. 55,200/- per month on a scale of Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years), and the gross monthly earnings would be around Rs. 1.08 Lakhs.

RBI Grade B Salary Structure

It is crucial to comprehend the RBI Grade B Salary Structure. See the information provided below for a thorough breakdown of the 2023 RBI Grade B Exam Salary Structure based on the 2023 RBI Grade B Notification.

RBI Grade B Officer’s Basic Pay: Rs 55,200/- p.m.

Payscale for an RBI Grade B Officer: Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years)

RBI Grade B Salary – Allowances Given :

  • Dearness Allowance,
  • Local allowance,
  • House Rent Allowance,
  • Family allowance and
  • Grade Allowance

The RBI Grade B in-hand salary is Rs 80,000/- (approximately).

Although the RBI Grade B officer’s base salary is Rs 55,200 per month and their gross monthly emoluments are Rs 1,085,000, they continue to get additional benefits and allowances, bringing their total compensation up to Rs 2 lakhs per month.

RBI Grade B Admit Card 2023 – Download Link

At least 10 to 15 days prior to the test date, RBI Grade B 2023 admit cards for the online exam of Phase 1 and Phase 2 will be released on the official website of RBI. To get call letters for the RBI Grade B online test, candidates must go to the official RBI website. The ability to download call letters will also be announced by email or SMS.

The applicant must make use of:

(i) Registration Number/Roll Number, 

(ii) Password/Date of Birth for downloading the call letter.

The official download link for your RBI Grade B 2023 Phase 1 test admission cards will be published here.

RBI Grade B Cut Off – Complete Details

The RBI announces the grade B exam cut-off each year. We’ve compared the cutoff scores by year in the table below.

Year-Wise Cut Off Marks Comparison for General/UR Category

Soon after the test is over, the RBI Grade B Cut Off for the year 2023 will be made public. For each phase, RBI will publish RBI Grade B Cut Off. The cut off will aid applicants in assessing their likelihood of selection or the minimum score required to pass the exam. The phase-wise distribution is shown below.

For the Phase 1 Exam
1.General Awareness
(Max. Marks = 80)
(Max. Marks = 60)
3.English Language
(Max. Marks = 30)
4.Quantitative Aptitude
(Max. Marks = 30)
5.Phase 1 Cut-Off Marks
(Max. Marks = 200)
For Phase 2 and the Interview

Candidates who pass Phase 1 will take the exam and interview in Phase 2. The 2023 deadline will be revised after the phases have been completed. View the Cut Off Comparison from the prior year below.

Sr.Recruitment Stage202120192018201720162015
1.Aggregate Cut–Off Marks in Paper 1, Paper 2, and Paper 3 (Out of 300)187.75193.25201.25196.75176.75197
2.Aggregate Marks in Written Examination (Paper- 1, 2, and 3) and Interviews were taken together (Out of 375)252.25238.25248.5245.75225.50244

RBI Grade B Notification 2023: FAQs

Can I take the RBI Grade B 2023 test several times?

There is no restriction on the number of attempts for SC/ST/OBC/PWD applicants, while there are six attempts available to general category candidates.

Does the RBI Grade B Exam carry a penalty grade?

Yes, the RBI Grade B exam’s Phase 1 carries a negative marking system. The RBI Grade B Exam for Phase 1 carries a negative marking policy of 0.25 points for each erroneous response.

What will the application fee for the RBI Grade B exam in 2023 be?

The following is the estimated application cost for the RBI Grade B:
For GEN/OBC/EWSs, 850 rupees; for SC/ST/PWDs, 100; and for RBI Staff, nil.
For RBI workers, there is no application cost.

Do I need to meet the 60% requirement in both my 10th and 12th grades to apply for the RBI Grade B exam?

No, the 60% requirement only applies to graduate and postgraduate marks and grades (with 50% for SC, ST, and PWD).


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