Why RBI Jobs? RBI as an Institution!-www.KiranBookStore.com-Flat-40%OFF on all Books

21 Oct 2015

Why RBI Jobs? RBI as an Institution!

The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935. The RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union. The bank is also active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion (AFI). The Reserve Bank of India has four zonal offices at Chennai, Delhi, Kolkata and Mumbai. It has 19 regional offices and 9 sub-offices. There are three autonomous institutions run by RBI namely National Institute of Bank Management (NIBM), Indira Gandhi Institute for Development Research (IGIDR), Institute for Development and Research in Banking Technology (IDRBT).

The Reserve Bank of India performs this function under the guidance of the Board for Financial Supervision (BFS). The institution is also the regulator and supervisor of the financial system and prescribes broad parameters of banking operations within which the country's banking and financial system functions. Its objectives are to maintain public confidence in the system, protect depositors' interest and provide cost-effective banking services to the public.

The bank issues and exchanges currency notes and coins and destroys the same when they are not fit for circulation. The objectives are to issue bank notes and giving public adequate supply of the same, to maintain the currency and credit system of the country to utilize it in its best advantage, and to maintain the reserves. RBI lends to the commercial banks through its discount window to help the banks meet depositors' demands and reserve requirements for long term.

The Reserve Bank of India (RBI) is one of the premier employers of India. As the nation's money market and bank, the RBI offers handsome career options, both in terms of salary, benefits, and quality of life.


Compared to other government jobs, including the Civil Services, employment at the RBI is highly predictable and generally brighter with less bureaucracy and corruption. Reserve Bank employees generally work a five-day week at postings in metros or state capitals. RBI work environments are easily adjustable and the pay packages are the best in the industry pay packages. Let us talk about details.


Seniority levels for RBI officers are divided six into groups (A to F):

Groups A and B are the most junior levels. Officers for these groups are recruited directly almost every year. College graduates and postgraduates are recruited for group B through examinations conducted by the Reserve Bank of India Services Board. Groups C and D are levels requiring more experience. Direct recruitment for these levels occurs almost every year. Group F is the most senior level and includes officers such as Deputy-Governor and Governor. These officers are collectively are called Class-I employees.

RBI also has a large number of class-III and class-IV employees, which work as service staff and other subordinate levels. Strangely, there is no class-II level in RBI.


According to different Grades Most of the time Salary Includes:

Basic Pay, Local and Family Allowance, Grade and Special Allowance, Monthly Reimbursements: Educational- Household-and-Telephone, Conveyance Expenses, Official Car and House A/C, Annual Reimbursements: Medical, Book Grant and Briefcase, Easy Loans for Car,Bike, or PC Purchase, and many more...

How to Join as an Officer in RBI?

Time to time RBI announces direct recruitment for Grade B posts which you may consider as an Entry level for an Officer’s cadre. Time to time there are minor but vital changes in the recruitment process. We must go thoroughly according to the latest Syllabus and Question pattern while preparing for the Exam. The written tests may be divided in multiple phases. And the final Interview, clearing which you will be deemed to be a part of this Esteemed Organization. Each step should be crossed with utmost care. Keep visiting the RBI websites for the latest updates and read the information carefully. This Book is prepared keeping the Phase I of the selection of RBI Grade B Exam.

We believe that the past records of our organization Kiran Prakashan Pvt Ltd along with our research and coaching partner KICA-Kiran Institute of Career Achievements your success is nearby.

Best wishes




RBI Officers Job

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