RBI Recruitment 2023 for Subject Specialists/ Consultants/ Analysts: Salary up to Rs 57.24 Lacs per annum, Check Application Process

  • Designation: Subject Specialists/ Consultants/ Analysts
  • Salary: 36.96 lacs - 57.24 lacs - Year
  • Last Date: Tuesday July 11, 2023
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RBI Recruitment 2023 for Subject Specialists/ Consultants/ Analysts: Salary up to Rs 57.24 Lacs per annum, Check Application Process

RBI Recruitment 2023: The Reserve Bank of India, famously known as RBI, is looking for highly intelligent and energetic applicants for lateral recruitment available for various disciplines/areas of Specialists/ Consultants/Analysts. The recruitment is being conducted for RBI and DICGC (Deposit Insurance & Credit Guarantee Corporation). As per the available official notification in the public domain for RBI Recruitment 2023, some of the posts available through this recruitment drive are Data Engineer, Network Administrator, Analyst (Credit Risk), Consultant-Accounting,  Business Analyst, etc. RBI has issued a total of 66 vacant seats for the above-mentioned posts, 62 in RBI and 04 in DICGC.

According to the official advertisement for RBI Recruitment 2023, the application is to be submitted online through RBI’s official website. The online application portal for this recruitment is active since 21st June 2023. The minimum age requirement for positions available with the RBI varies from 23 years to 30 years and the maximum age requirement varies from 35 years to 40 years. For the positions available with the DICGC, the minimum and maximum ages required are 30 and 40, respectively.

As stated in the RBI Recruitment 2023 official advertisement, some of the posts are available at Grade C and some are available at the Grade D level of the organization. The applicants hired for the Grade C posts will receive a yearly remuneration in the range of Rs 36.96 lacs to Rs 45.84 lacs while the Grade D applicants will get Rs 51.60 lacs to Rs 57.24 lacs per annum. Except for Data Analyst (Applied Mathematics) post, all other posts are open only for experienced applicants.

The RBI Recruitment 2023 official notification mandates that applicants must pay Rs 600 (plus 18% GST) as an application processing fee to apply. RBI will hire suitable applicants for the available vacancies through preliminary shortlisting/screening and an interview. Applicants who want to work at the prestigious RBI must visit its official website to apply. The last date for submitting the fully filled application form along with fee payment is 11th July 2023.

Table of Content
  1. Post and Vacancy Available for RBI Recruitment 2023
  2. Age Criteria Applicable for RBI Recruitment 2023
  3. Mandatory Qualification for RBI Recruitment 2023
  4. Experience Requirement for RBI Recruitment 2023
  5. Online Application Form Fee for RBI Recruitment 2023
  6. Remuneration Receivable for RBI Recruitment 2023
  7. Hiring Procedure for RBI Recruitment 2023
  8. Applying Process for RBI Recruitment 2023

Post and Vacancy Available for RBI Recruitment 2023

As per RBI Recruitment 2023 official advertisement, RBI is looking for highly intelligent and energetic applicants for lateral recruitment available for various disciplines/areas of Specialists/ Consultants/Analysts. RBI has issued a total of 66 vacant seats for the above-mentioned posts, 62 in RBI and 04 in DICGC.

RBI Recruitment 2023- Vacancy Details for RBI Posts

RBI Recruitment 2023- Vacancy Details for DICGC Posts

Age Criteria Applicable for RBI Recruitment 2023

The RBI Recruitment 2023 official advertisement notice mentions that the minimum age requirement for positions available with the RBI varies from 23 years to 30 years and the maximum age requirement varies from 35 years to 40 years. For the positions available with the DICGC, the minimum and maximum ages required are 30 and 40, respectively. The age limit per post is tabulated below:

RBI Recruitment 2023- Age Requirement

Mandatory Qualification for RBI Recruitment 2023

The mandatory qualification that a candidate must possess to apply for various posts as per the requirements mentioned in RBI Recruitment 2023 advertisement notice is:

IT Security Expert: 

Aspirants must be in possession of an MCA degree

OR

Applicants must have earned an M.Tech/B.Tech/B.E degree in IT/Computer Science/Electricals and Electronics or equivalent from a recognized academic institution.

Data Analyst (Applied Econometrics):

Aspirants must have earned a Ph.D. or M.Sc/MA in Statistics/Applied Econometrics/Economics from a recognized academic institution.

Sr. Analyst (Credit Risk):

Aspirants willing to apply for this job role must have acquired a Post Graduate Degree in Econometrics / Mathematics / Statistics / Finance / Economics / Mathematical Statistics or MBA / PGDM / PGPM / PGDBA from a recognized academic institution.

Analyst (Forex & Trade):

Applicants must be in possession of a post-graduate degree in commerce or Economics or an MBA / PGDM / PGPM / PGDBA from a recognized academic institution.

Legal Consultant-DICGC

Aspirants must have obtained a degree in LLB or LLM from a recognized academic institution.

Applicants are advised to go through the official notification (attached below) to observe the detailed qualifications (desirable and mandatory) required for all posts.

Experience Requirement for RBI Recruitment 2023

Except for Data Analyst (Applied Mathematics) post, all other posts are open only for experienced applicants. As mandated by the available notice for RBI Recruitment 2023, the experience requirements for various posts are:

IT Security Expert: 

Aspirants should have at least 05 years of experience in the relevant domain.

Data Analyst (Applied Econometrics):

Aspirants should have at least 05 years of work experience in the relevant domain of Applied Statistics or Econometrics or equivalent.

Sr. Analyst (Credit Risk):

Applicants must have gained at least 07 years of experience in Risk Management or relevant domains.

Analyst (Forex & Trade):

Applicants should have at least 05 years of work experience in commercial banks, financial services organizations, or equivalent domains.

Legal Consultant-DICGC

Aspirants must have gained at least 05 years of experience in the legal department.

Applicants are advised to go through the official notification (attached below) to observe the detailed experience (desirable and mandatory) and work profile required for all posts.

Online Application Form Fee for RBI Recruitment 2023

Based on the advertisement released for RBI Recruitment 2023, aspirants who hail from General, OBC, or EWS categories will have to pay Rs 600 (plus 18% GST) as an application fee, while SC, ST, and PwBD candidates need to pay Rs 100 (plus 18% GST).

Remuneration Receivable for RBI Recruitment 2023

The RBI is known for paying handsome salaries to its employees. For this recruitment too, the RBI Recruitment 2023 official advertisement states that the applicants hired for the Grade C posts will receive a yearly remuneration in the range of Rs 36.96 lacs to Rs 45.84 lacs while the Grade D applicants will get Rs 51.60 lacs to Rs 57.24 lacs per annum.

Hiring Procedure for RBI Recruitment 2023

The official notification for RBI Recruitment 2023 states that the RBI will hire suitable applicants for the available vacancies through preliminary shortlisting/screening and an interview.

Applying Process for RBI Recruitment 2023

As mandated by the official advertisement notice for RBI Recruitment 2023, aspirants who are qualified for the available posts must submit their applications through the official website of the RBI (in online mode). The online application portal for this recruitment drive is active since 21st June 2023. Aspirants who are interested must submit their application along with paying the application fee latest by 11th July 2023.