RBI recruitment 2018 – Grade B Officers
RBI invites applications online from eligible candidates through the Bank’s website www.rbi.org.in. for Direct Recruitment for the posts of Officers in Grade ‘B’ (General) – DR, DEPR and DSIM in Common Seniority Group (CSG) Streams – 2018.
Name of the Organisation : Reserve Bank of India (RBI)
- Officers in Grade ‘B’(DR)- General – 127 Vacancies
- DEPR – Officers in Grade ‘B’(DR) – 22 Vacancies
- Officers in Grade ‘B’(DR)- DSIM – 17 Vacancies
Selection Process : Phase I + Phase II + Interview
Important Dates :
Website Link Open For Online Registration of Applications and Payment of Fees/Intimation Charges : July 3, 2018 to July 23, 2018
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 in accordance with the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India’s independence on 15 August 1947, the RBI was nationalised on 1 January 1949.
The bank plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union. The general superintendence and direction of the RBI is entrusted with the 21-member central board of directors: the governor; 4 deputy governors; 2 finance ministry representatives (usually the Economic Affairs Secretary and the Financial Services Secretary); 10 government-nominated directors to represent important elements of India’s economy; and 4 directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi. Each of these local boards consists of 5 members who represent regional interests, the interests of co-operative and indigenous banks.
The fully owned subsidiaries of RBI are Deposit Insurance and Credit Guarantee Corporation of India(DICGC), Bharatiya Reserve Bank Note Mudran Private Limited(BRBNMPL) and National Housing Bank(NHB). It controls different sections of the economy through its subsidiaries.