RBI Recruitment 2023 | Apply Link for Technical and Non-technical

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RBI Recruitment 2023: Reserve Bank of India (RBI) has released a notification for the Lateral Recruitment of Consultants/ Subject Specialists/ Analysts –on contract basis.

Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts. The Reserve Bank of India Services Board, hereinafter referred to as ‘Board’ would admit applications from all the candidates applying for these posts with the requisite fee/intimation charges (wherever applicable) on the basis of the information furnished in the ONLINE application and shall determine their eligibility only at the interview stage.

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The Reserve Bank of India Services Board (Board) invites applications from eligible candidates for Lateral Recruitment of Consultants/ Subject Specialists/ Analyst on contract basis for the below mentioned positions/ areas in Reserve Bank of India (RBI/Bank) and Deposit Insurance & Credit Guarantee Corporation (DICGC).

The name of the posts are –

Data Scientists
Data Engineer
IT Security Expert
IT System Administrator Department of Information Technology
IT Project Administrator- -Department of Information Technology
Network Administrator
Economist (Macroeconomic modelling)
Data Analyst (Applied Mathematics)
Data Analyst (Applied Econometrics)
Data Analyst (TABM/HANK Models)
Analyst (Credit Risk)
Analyst (Market Risk)
Analyst (Liquidity Risk)
Sr. Analyst (Credit Risk)
Sr. Analyst (Market Risk)
Sr. Analyst (Liquidity Risk)
Analyst (Stress Testing)
Analyst (Forex & Trade)
IT – Cyber Security Analyst
Consultant – Accounting
IT Project Administrator Department of Government and Bank Accounts

Posts in DICGC –

Consultant – Accounting / Tax
Business Analyst
Legal Consultant
IT System Administrator

Educational Qualification for RBI Recruitment:

The educational qualification for the applications of RBI –in detail below;

Data Scientists –

Masters in Statistics/ Econometrics / Mathematics / Mathematical Statistics / Data Sciences / Finance / Economics. (Or) BE/B.Tech in Computer Science Engineering from an Indian University recognized by Government bodies/ AICTE or a similar Foreign University / Institute.

Data Engineer –

BE / B Tech in Computer Science / IT / Electricals and Electronics or equivalent OR MCA from an Indian University recognized by Government bodies/ AICTE or a similar Foreign University / Institute.

IT Security Expert –

BE / B.Tech / M Tech in Computer Science/IT/Electricals and Electronics or equivalent OR MCA.
IT System Administrator Department of Information Technology –
BE / B.Tech / M Tech in Computer Science / IT / Electricals and Electronics or equivalent OR MCA
IT Project Administrator- -Department of Information Technology –
BE / B.Tech / M Tech in Computer Science / IT / Electricals and Electronics or equivalent OR MCA

Network Administrator –

BE / B.Tech / M Tech in Computer Science / IT / Electricals and Electronics or equivalent OR MCA

Economist (Macroeconomic modelling) –

Ph.D. in Economics with an application of Dynamic Stochastic General Equilibrium (DSGE modelling)

Data Analyst (Applied Mathematics) –

M.Sc. in Mathematics/ Applied Mathematics

Data Analyst (Applied Econometrics) –

M.A./M.Sc or Ph.D in Applied Econometrics/ Statistics/ Economics

Data Analyst (TABM/HANK Models) –

Ph.D or Masters with proven specialised knowledge in area of Theoretical Agent-Based Models (TABMs) / Heterogenous Agent New Keynesian (HANK) / Representative Agent New Keynesian (RANK) / Dynamic Stochastic General Equilibrium (DSGE) models

Analyst (Credit Risk) –

Post Graduate Degree in Statistics / Econometrics / Mathematics / Mathematical Statistics / Finance / Economics or MBA / PGDBA / PGPM / PGDM from an Indian University/Institute recognized by Government bodies AICTE or a similar Foreign University /Institute.

Analyst (Market Risk) –

Analyst (Liquidity Risk) –

Sr. Analyst (Credit Risk) –

Sr. Analyst (Market Risk) –

Sr. Analyst (Liquidity Risk) –

Analyst (Stress Testing) –

Analyst (Forex & Trade) –

Post Graduate Degree in Economics or Commerce or MBA / PGDBA / PGPM / PGDM from a recognised Indian or Foreign University / Institute

IT – Cyber Security Analyst –

BE / B Tech / M Tech in Computer Science/ IT / Electricals and Electronics or equivalent OR MCA with specialisation in Information Security / IT Risk Management/ Information Assurance / Cyber security and Digital Threat Management.

Consultant – Accounting –

Qualified Chartered Accountants
IT Project Administrator Department of Government and Bank Accounts –
BE / B Tech / M Tech in Computer Science or IT

Posts in DICGC –

Consultant – Accounting / Tax –

Certified Chartered Accountant (CA) or Company Secretary (CS)

Business Analyst –

MBA (Finance) / PGDBA (Finance) / PGDM / PhD in Quantitative Economics or Finance / Chartered Financial Analyst (CFA)

Legal Consultant – LLB / LLM

IT System Administrator – Postgraduate degree in Computer Application / M.Tech in IT or Computer Science

Age Limit:

The age limit for the applications of RBI –in detail below;

Sr. No.	Area/ Position	Name of the post	Age
Sr. No.	Area/ Position	Name of the post	Min	Max
Posts in RBI
1.	Data Analytics	Data Scientist	25	35
2.	Data Analytics	Data Engineer	25	35
3.	IT Security Administration	IT Security Expert	27	36
4.	IT System Administration	IT System Administrator- -Department of Information Technology	27	36
5.	IT Project Administration	IT Project Administrator- Department of Information Technology	27	36
6.	Mainframe System Administration / Virtualised Environment Administration/ Database Administration	Network Administrator	27	36
7.	Expert in Dynamic Stochastic General Equilibrium (DSGE) Modelling	Economist (Macro-economic modelling)	26	40
8.	Applied Mathematics	Data Analyst (Applied Mathematics)	23	35
9.	Applied Econometrics	Data Analyst (Applied Econometrics)	26	35
10.	Area of Theoretical Agent-Based Models (TABMs) / Heterogenous Agent New Keynesian (HANK) / Representative Agent New Keynesian (RANK) / Dynamic Stochastic General Equilibrium (DSGE) models	Data Analyst (TABM/HANK Models)	23	35
11.	Credit Risk Analytics	Analyst (Credit Risk)	30	40
12.	Market Risk Analytics	Analyst (Market Risk)	30	40
13.	Liquidity Risk Analytics	Analyst (Liquidity Risk)	30	40
14.	Credit Risk Analytics	Sr. Analyst (Credit Risk)	30	40
15.	Market Risk Analytics	Sr. Analyst (Market Risk)	30	40
16.	Liquidity Risk Analytics	Sr. Analyst (Liquidity Risk)	30	40
17.	Stress Testing	Analyst (Stress Testing)	30	40
18.	Forex and Trade Finance	Analyst (Forex & Trade)	30	40
19.	IT and Cyber Security Analytics	IT – Cyber Security Analyst	30	40
20.	Accounting Hub	Consultant – Accounting	25	40
21.	Integration between CBS and Govt. systems	IT Project Administrator- Department of Government and Bank Accounts	27	40
Posts in DICGC
1.	Taxation and Accounting Matters	Consultant – Accounting / Tax-DICGC	30	40
2.	Bank Analyst	Business Analyst-DICGC	30	40
3.	Legal	Legal Consultant-DICGC	30	40
4.	IT Systems & Digital Payments	IT System Administrator-DICGC	30	40

Salary Amount / Emoluments for RBI Recruitment:

Equivalent Grade	Annual Compensation range*
C	₹36.96 lakh to ₹45.84 lakh p.a.
D	₹51.60 lakh to ₹57.24 lakh p.a.

Application Fee & Intimation Charges:

Sr. No.	Category	Charges	Amount*
1.	SC /ST / PwBD	Intimation Charges only	Rs.100/- + 18% GST
2.	GEN/OBC/EWS	Application fee including intimation charges	Rs.600/- + 18% GST
3.	STAFF@	Nil	Nil

Application Procedure for the Recruitment of RBI:

How to apply for the recruitment of Reserve Bank of India –in detail below;

Firstly, go to the official website of RBI: Link
Secondly, click on the online application link (Link Below)
Thirdly, fill up the application details
Fourthly, scan & upload the documents
After that, pay the application fee
At last, submit it.

Selection Procedure:

What is the selection process for the recruitment of Reserve Bank of India (RBI) –in detail below;

Selection will be through preliminary screening/shortlisting by a Screening Committee followed by document verification and interview.

RBI Services Board reserves the right to limit the number of candidates commensurate with the number of vacancies called for Interviews by enhancing the minimum educational qualifications/minimum work experience requirement as indicated above or through any other appropriate method.

Hence, merely fulfilling the minimum requirements laid down for the post would not automatically entitle any candidate for an interview. The decision of the Board in this respect shall be final.

No correspondence will be entertained in this regard. Candidates shortlisted for the Interview will be issued an Interview Call letter from email id ([email protected]) and their candidature will be subject to submission and verification of documents submitted in support of their claim with regard to the eligibility for age, category, qualification, experience, etc.