RBI Grade- B Exam
Working with RBI gives you a whole new perspective on various banking, economic and cultural dimensions. But that isn’t where it ends: you also get to work with experienced, qualified people who’ve driven the country’s economy for decades.
You get an opportunity to work on a wider canvas of operations, you are involved in formulation of policies having nationwide implications. You get a multi-disciplinary job content and an opportunity to contribute to nation building
Team up with the Best
You get to be a member of a team that shapes the financial policies. You work with the government and top level financial minds. You work with international organisations to contribute to thinking on global best practices
Spearhead the Reforms
You initiate and monitor reforms and changes in India’s financial environment and manage an economy in transition. Your job offers the challenge of driving a nation on the move.
You get an opportunity to interact with some of the brightest minds across sectors of economy and across the globe. You even negotiate treaties with multi lateral bodies or guide other emerging economies. In domestic seminars and conferences you represent your institution and internationally you represent your country.
Touch the lives of millions
Your everyday job can make a difference to a farmer, a small entrepreneur, an exporter, an industry, a financial entity, or even a common man.
Do Research that Matters
You do research that induces policy changes. You have information and data at your fingertips.
Do you want just another job, or a wider canvas in Finance and Public Policy?
As the central bank of the country, the RBI is the one of the architects of the nation’s economy and its decisions touch everyday lives of all Indians. From ensuring stability of interest rates and exchange rates to providing adequate liquidity for productive sectors and ensuring adequate supply of currency, the Reserve Bank of India also monitors flow of credit to desired sectors and ensures orderly development of financial markets and institutions. Through a wide range of functions, the Reserve Bank of India contributes to nation-building.
The Reserve Bank of India constantly works towards keeping inflation under check and ensuring adequate supply of liquidity for the productive sector as also towards financial stability.
Supervisor of the Financial System
Prescribes regulations for sound functioning of banks and financial institutions, including non-banking finance companies
– Promotes best practices in risk management and corporate governance to protect depositors’ interest and to enhance public confidence in the financial system of the country
– Encourages use of technology in banks to provide cost-effective service to consumers.
Issuer of Currency
Ensures good quality coins and currency notes in adequate quantity
– Mops up notes and coins unfit for circulation
– Advises the Government on designing of currency notes with the latest security features.
Manager of Foreign Exchange
Formulates policies to facilitate external trade and payments, facilitates foreign investments in India and Indian investments abroad and promotes orderly development of foreign exchange markets.
Banker to the Government
Maintains accounts of central and state governments. Performs merchant banking function for the central and the state governments
– Encourages development and orderly functioning of Government securities market
– Advises central and state governments in better cash management.
Work towards establishment of modern, robust, efficient, secure and integrated payment and settlement system for the country.
Ensures adequate liquidity in the financial system and in individual banks, on a daily basis
– Performs lender of the last resort function.
Performs a wide range of functions to support national objectives such as ensuring orderly growth and development of financial markets and institutions, creating institutions to serve specialised financial needs and extending the organised financial sector to all parts of the economy.
Serves as the primary source of information on Indian economy and financial system
– Analyses the issues and problems affecting the Indian economy
– Renders advice for policy formulation and shaping monetary, banking and financial policies
– Prepares the Bank’s publications
– Warehouses data to enable decision-making.