RBI Grade B Notification 2020

The RBI Grade B Exam which is the most awaited banking exam of the year will be released by RBI very soon. The RBI Grade B Notification 2022 is expected in February/March 2022. The details regarding RBI Grade B vacancies, exam dates, exam centres, application form etc. will be updated once the notification is released by the RBI.

The RBI Grade B Notification for the year 2021 was released. The last RBI Grade B notification specifies the important recruitment details including the exam dates, eligibility, criteria, vacancy distribution, etc. In this article, we shall discuss the Grade B notification 2021 in detail.

Latest Update: On January 25, 2021, the Reserve Bank of India has released an official announcement about the RBI Grade B recruitment to appoint 322 candidates to the Officer cadre post.

Candidates can download the RBI Grade B Notification 2021 given below, released on January 28, 2021:

RBI Grade B 2021 Notification PDF:-Download PDF Here 

 Start your revision now with the Free Online RBI Grade B Mock Test Series.

Also, refer to the links given below and ace the Grade B Officer exam 2021:

The Reserve Bank of India is the conducting body for the RBI Grade B exam and candidates willing to join the banking sector. RBI provides the best opportunity in the form of the Grade B Officer exam.

For more information regarding the RBI exams, candidates can visit the linked article.

Table of Contents:

  1. RBI Grade B Notification 2021
  2. RBI Grade B Exam Dates 2021
  3. RBI Grade B Application Process
  4. RBI Grade B Eligibility Criteria
  5. RBI Grade B Probation
  6. RBI Grade B Vacancy
  7. RBI Grade B Exam Pattern & Syllabus
  8. RBI Grade B Salary
  9. RBI Grade B Result
  10. RBI Grade B Preparation

Given below is the information regarding the RBI Grade B exam:

RBI Grade B Exam 
Post Grade B Officer
Conducting Body Reserve Bank of India
Level of Exam National Level
Frequency of Exam Annual
Job Location Anywhere in India
RBI Grade B Notification (2021) January 25, 2021

Candidates can check the latest notifications regarding the Government exams 2021 at the linked article.

Government Exam 2022

RBI Grade B Notification 2021

Official RBI Grade B notification 2021 released on January 25, 2021, by the  Reserve Bank of India. Since the Officer cadre exam was not held in 2020, the last recruitment notification was released on September 20, 2019.

All the important details including the exam dates, eligibility, salary, probation, list of exam centres, the online application process, etc. are announced along with the official notification itself.

Given below is the Grade B notification PDF 2021. Aspirants who are looking forward to appearing for the exam can refer to the same and get all the relevant information about the recruitment process:

RBI Grade B Notification 2021 PDF:-Download PDF Here

RBI Grade B Exam Dates 2021

The important exam dates for the RBI Grade B recruitment 2021 have been announced by the conducting body. Candidates can refer to the table below for the same:

RBI Grade B Officer Exam 2021
Events Important Dates (Tentative)
RBI Grade B Notification 2021 January 25, 2021
Phase I Exam March 6, 2021
Phase II Exam March 31, 2021

April 1, 2021

Interview To Be Notified Later

To know the detailed RBI Grade B exam dates, candidates can visit the linked article.

RBI Grade B Application Process

Once the RBI Grade B Notification is released, candidates can apply online for the post of Grade B Officer. Given below are the steps to complete the RBI Grade B application process:

  1. Visit the official website of RBI.
  2. Click the option to apply online for the RBI Grade B exam.
  3. Fill in all the required fields and upload the necessary documents.
  4. Once the form is filled, pay the application fee. Once the application fee is paid, the RBI Grade B application process is complete.
RBI Grade B Application Fee
SC/ST/PwD Rs. 100
General/OBC/EWS Rs. 850

For more information regarding RBI Recruitment, candidates can visit the linked article.

RBI Grade B Eligibility Criteria

The RBI Grade B notification mentions a set of eligibility criteria that a candidate needs to fulfil to apply for the RBI Grade B exam.

Given below is the RBI Grade B eligibility criteria in brief:

  1. Nationality- Candidate must be a citizen of India or a subject of Nepal or Bhutan
  2. Educational Qualification- The applicant must at least hold a Bachelor’s degree from a Government Recognised University
  3. Age Limit- The candidates must at least be 21 years and maximum 30 years of age. However, certain age relaxations are provided to candidates belonging to different categories.

For more information regarding the RBI Grade B Eligibility criteria, candidates can visit the linked article.

RBI Grade B Probation

It must be known that if a candidate belonging to Unreserved/General category has already appeared for the Phase I exam six times, then he/she is not allowed to apply for the exam. This does not apply to candidates belonging to SC/ST/OBC/PwBD/EWS.

However, once the candidate manages to qualify all the three phases of Grade B Officer exam, they are appointed for a probation period of 2 years. This probation period can be extended up to 4 years if the RBI is not satisfied by the employee’s performance.

RBI Grade B Vacancy

A total of 199 RBI Grade B vacancies were released for the year 2019 and 322 vacancies have been released for 2021 recruitment.

The detailed distribution of vacancies for each post (Gen/DSIM/DEPR) as mentioned in the official notification released on January 28, 2021, is given below: 

RBI Grade B Vacancy 2021

Given below is the RBI Grade B vacancy distribution 2019:

RBI Grade B Vacancy 2019-20

Candidates can know more about the RBI Vacancy for both Assistant and Grade B Officer at the linked article.

RBI Grade B Exam Pattern & Syllabus

The conducting body sets the RBI Grade B exam pattern and syllabus. The syllabus is vast, and for candidates to appear in the RBI Grade B exam, it is important to know the RBI Grade B syllabus and exam pattern well.

Certain changes have been made in the RBI Grade B syllabus and exam pattern for the 2021 recruitment. Aspirants can visit the linked article and check the detailed revised selection scheme for the Officer cadre exam.

RBI Grade B Salary

The basic pay of a Grade B Officer in RBI is Rs. 35,150. The pay scale is 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400. 

Multiple perks, benefits and allowances are provided to the employees working as a Grade B Officer in RBI.

To know the detailed RBI Grade B Salary structure, candidates can visit the linked article.

RBI Grade B Result

The RBI Grade B result is declared within a month of the date of examination. Candidates can check the RBI Grade B exam result at the official website of RBI.

The final result for the RBI Grade B recruitment 2019-21 was released on November 4, 2020. Aspirants can get all the relevant information about the RBI Grade B result at the linked article.

RBI Grade B Preparation

The RBI Grade B exam is conducted at a national level, and the number of candidates applying for the exam has massively increased over the past few years. Following which the competition has also increased.

Given below are a few tips that shall prove to be helpful for the RBI Grade B preparation:

  1. Candidates must set a time table and give equal time for the preparation of each subject. 
  2. Solving RBI Grade B mock tests is recommended to candidates to analyse their performance and understand the type of questions asked in the exam.
  3. Refer to the best preparation material and books. 
  4. RBI Grade B previous year papers shall help candidates know the standard of the exam.
  5. To prepare for the General Awareness part of the syllabus, candidates can refer to the Banking Awareness page to know the syllabus and get some study material.

Candidates preparing for the RBI Grade B exam 2021 must start their preparation, and for any update regarding the RBI Grade B notification, candidates can check this page.

Related Links:

RBI Exam Pattern RBI Grade B Admit Card RBI Assistant
Bank Exam Syllabus RBI Assistant Syllabus RBI Assistant Admit Card

Frequently Asked Questions on RBI Grade B Notification

Q1

Q 1. When did the RBI Grade B Notification 2021 release?

Ans. The RBI Grade B recruitment announcement was made on January 25, 2021, whereas the official notification released on January 28, 2021.
Q2

Q 2. Are there a fixed number of attempts for the RBI Grade B exam?

Ans. Candidates belonging to the General category are eligible to attempt for the RBI Grade B exam 6 times.
Q3

Q 3. What are the important books for the RBI Grade B exam preparation?

Ans. Given below is a list of books that candidates can consider to prepare for the RBI Grade B exam: Indian Economy by Mishra & Puri, Major economic newspapers and Economic and Political Weekly, An introduction to Economics – A W Stonier and DC Hauge, Financial Management – Prasanna Chandra, Public Finance – K K Andley and Sundaram and 1984 Riot Victims – 5 years.

The above-mentioned books are few among the many options that are available for candidates. To get a detailed RBI Grade B Booklist, candidates can visit the linked article.

Q4

Q 4. Where can an employee be posted once recruited as an RBI Grade B Officer?

Ans. An RBI Grade B Officer can be posted to any RBI branch across the country. There are a total of 31 Regional Offices, and the Central Office is located in Mumbai.

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