RBI Grade B Exam is one of the most critical and much-awaited banking exams. A huge number of banking aspirants apply for this recruitment every year. Undoubtedly, there is a tough competition which is why candidates should be well-acquainted with the entire process and related information of the RBI Grade B exam before starting their preparation.
The Reserve Bank of India (RBI) has recently announced 291 job openings for various positions as part of the RBI Grade B recruitment. On 26th April 2023, the detailed notification for RBI Grade B 2023 was released in PDF format on the official website. Interested candidates can submit their online applications for RBI Grade B until 9th June 2023. This opportunity offered by the Reserve Bank of India presents an excellent chance for individuals seeking a career in the banking sector. To excel in the examination and achieve a higher rank, it is crucial for candidates to have a thorough understanding and complete knowledge of the important information pertaining to the RBI Grade B 2023 exam.
It is a yearly process through which the Reserve Bank of India selects eligible and interested candidates for the post of RBI Grade B Officer. The job comes with an attractive salary and added benefits.
As we know good Preparation strategy and proper guidance are very important for the RBI GRADE B exam. There are many coaching institutes For Online RBI GRADE B Preparation in Bangalore. The experience of the faculties varies from institute to institute. Choosing the Best Online RBI GRADE B academy is very important as part of preparation. During this time few of the institutes offer online coaching as well.
About RBI Grade B Coaching in Examination
Selecting the best RBI GRADE B institute is pivotal during exams. A training academy makes students always immerse themselves in the learning process. A professional teacher fascinates aspirants with their teaching methods. The study materials give aspirants rip-roaring. The faculty gathers information from different sources to impart to students as study materials and mock test.
Why to Choose RBI Grade B Coaching in Bangalore?
A lack of preparation always makes you stand behind your peers. Most of the RBI GRADE B Advanced toppers take the online RBI GRADE B coaching and claim it essential for a focussed approach to crack RBI GRADE B. The consequences without Online coaching divert aspirants with a wrong preparation and strategy. Getting the right study materials from mentors are very important to crack the exam.
Top 10 RBI Grade B Coaching Institutes in Bangalore
First in the list of Top 10 RBI Grade B Coaching in Bangalore is:
Plutus Academy is the best Online RBI GRADE B coaching in Bangalore. The academy offers other competitive exams training also along with Online RBI GRADE B. It is the leading training institute in Bangalore.
1. Plutus Academy for RBI Grade B Coaching
It is one of the best coaching for RBI Grade B in Bangalore and conducts online classes with maximum 40-50 students per batch. It also has one of the best faculty and the classes are quite interactive with the best teaching methods.
Contact details and address
Address- Online Classes
Contact Number- 084484 40231
2. The Hinduzone for RBI Grade B Coaching
It is one of the best platforms for RBI Grade B Coaching in Bangalore and has one of the best verified coaching. These coachings have excellent faculty and best study material. The Hinduzone also provides with free counseling from the top counselors for RBI Grade B Coaching.
Contact details and address
Address- Online Classes
Contact Number- 8800222298
3. Yojna IAS for RBI Grade B Coaching
Yojna IAS is a highly renowned coaching center and conducts online classes for the students in Bangalore for RBI Grade B Coaching. It has great interactive and friendly atmosphere with one of the top faculty.
Contact details and address
Address- Online Classes
Contact Number- 621-254-2147
4. Gradeup for RBI Grade B Coaching
It is an online website for RBI Grade B Coaching with one of the top faculty in Bangalore. It conducts coaching both in Hindi and English along with the best quizzes and tests for students.
5. Bank Exams Today for RBI Grade B Coaching
This is also an online website for RBI Grade B Coaching in Bangalore and provides with notes and study material. It also conducts tests and mock tests with one of the best faculty and friendly environment.
6. Olive Board for RBI Grade B Coaching
This online coaching website helps in covering full syllabus within time and has the best faculty. It also provides with mock tests and study material to the students.
7. Anuj Jindal for RBI Grade B Coaching
It comes under the top 10 RBI Grade B Coaching in Bangalore and provides with downloaded PDFs, mock tests and live video sessions for RBI Grade B exam phase I and phase II.
8. Career Launcher for RBI Grade B Coaching
This coaching center in Bangalore conducts online classes 3 times a week with various programs according to one’s suitability. It has one of the best faculty and provides coaching for both phase I and phase II exam.
9. IBT Institute for RBI Grade B Coaching
They provide online coaching for RBI Grade B Exam in Bangalore. It has one of the best faculty and provides interactive classes at the comfort of your home.
What happens after cracking RBI Grade B exam?
RBI Grade B officers start their career with the post of RBI Assistant or Support Staff, after that the career grows in the following way: Assistant Manager, Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Principal Chief General Manager, Executive Director.
Which PG is best for RBI Grade B?
To qualify for the RBI Grade B DEPR exam, candidates must hold a Master’s Degree in Economics, Econometrics, Quantitative Economics, Mathematical Economics, Integrated Economics Course or Finance, with a minimum of 55% marks (50% for SC/ST/PWD)
How to Crack RBI Grade B in First Attempt?
Cracking the RBI Grade B exam in the first attempt is not an easy task, but it is possible with proper planning, preparation, and hard work. Here are some tips that can help you crack the RBI Grade B exam in the first attempt:
Understand the Exam Pattern and Syllabus:
Before initiating your exam preparation, it is essential to understand the exam pattern and syllabus thoroughly. This will help you identify the important topics and allocate your time accordingly. For instance, candidates must cover the high weightage and frequently asked topics first while preparing.
Create a Sound Study Plan:
Once you have a clear understanding of the exam pattern and syllabus, create a study plan that suits your strengths and weaknesses. Divide your time for each subject and section, and try to stick to the plan.
Keep Evaluating your Performance:
Practice is crucial to crack the RBI Grade B exam. Solve as many previous year question papers and mock tests as possible to improve your speed and accuracy. This will help you assess your preparation level and improve on the weaker areas.
Work on Improving Time Management:
Time management is significant while attempting the RBI Grade B exam. After all, this is a lengthy exam. Learn to manage your time effectively while attempting the exam, and try to attempt easy questions first to gain confidence
10. Career Launcher – RBI Grade B Online Coaching
Founded in 1995, Career Launcher is a pioneer Online Coaching Platform in India. The academy offers online preparation as well as classroom coaching with blended coaching classes (Classroom + Online) for the RBI Grade B exam. They also guide their students for various other banking-related exams, SSC, RBI, etc. Their RBI Grade B compressive online classes cover Phase 1 and Phase 2 of the exam.
Career Launcher has highly qualified faculty to provide extensive training programs for aspirants. All training programs are designed in such a way that facilitates the learning of topics and covers the syllabus of phase 1 and phase 2 of the exam. They ensure students get the best preparation experience irrespective of the mode of preparation that they choose.
100+ live sessions having 250+ hours of teaching covering RBI Grade Phase I & Phase II syllabus.
30 mock tests with national benchmarking & detailed analysis.
Comprehensive Study Material covering RBI Grade B syllabus in detail.
Contact Number: 8448-871-455
Email ID: firstname.lastname@example.org
11. Adda247 – Best Online Coaching For RBI Grade B
Adda247 is the finest online learning platform that was established by Anil Nagar in 2016. They provide the best RBI Grade B Online Live Classes with expert guidance and high-quality study materials which allow you access from anywhere and at any time. In addition to courses, They also offer unlimited access to Online Live Classes, mock tests, notes, Video Lectures, eBooks, and interactive quizzes for all bank examinations, including RBI Grade B.
The professors at Adda247, are highly experienced and knowledgeable about the subjects. They may cover the entire syllabus of Reasoning Ability, Quantitative Aptitude, General Awareness, and English portions with less time.
Why should you join Adda247?
Adda247 offers a variety of doubt Classes to assist you in clearing your doubts and improving your score.
They will provide you with an outstanding live discussion experience with qualified teachers from all over the country.
They conduct classes in accordance with the most recent pattern and syllabus.
Video courses are also available.
Contact No: +917678255677
Email ID: email@example.com
12. Byju’s Exam Prep – Best Online Coaching For RBI Grade B
Byju’s Exam Prep, formerly Gradeup is the most comprehensive online preparation platform in India for all exams. The academy offers the Best Online Coaching For RBI Grade B by India’s top faculty with comprehensive study material & latest pattern test series with end-to-end preparation so that they can achieve their goals.
The faculty of the academy is highly qualified to help students prepare efficiently for exams, enabling the highest number of students to succeed. They conduct performance evaluation tests regularly to give the students more concrete visibility of their progress. Therefore, Byju’s Exam Prep is trusted by over 3 crores + of registered aspirants across fields as their guide for entrance tests.
RBI Grade B Online Course – 11600 (12 Months)
RBI Grade B Online Course – 14000 (24 Months)
Why should you join Byju’s exam prep?
The faculty conducts doubt resolution sessions and self-assessment support.
They also provided PDFs, study notes, previous year papers, and complete coverage of the syllabus, in order to score good marks in each section of the RBI Grade B exam.
you will get 24/7 mentor support.
Provides a complete analysis report based on student performance.
Email ID: firstname.lastname@example.org
RBI Grade B Exam Basic Information
Exam Name: RBI Grade B
Post Grade B (DR) for General, DEPR, DSIM Streams
Organization Name: Reserve Bank of India (RBI)
Exam Types: Online Examination
Application Fees: General/ OBC/ EWS – Rs. 850/-
SC/ST/PWD – Rs 100/-
Selection Process Phase 1: Prelims
Phase 2: Mains
Phase 3: Interview
Job Location: India
Category: Government Job
RBI Website: www.rbi.org.inu
RBI Grade B Salary 2023
RBI Grade B job position within the CSG (Central Staffing Group) includes officials in General Grade B – DR, DEPR (Department of Economic & Policy Research), and DSIM (Department of Statistics and Information Management). These officials are responsible for ensuring the smooth functioning of the affiliated RBI banks.
The first salary increment for RBI Grade B officers is granted after completing five years of tenure. To learn more about the RBI Grade B salary structure, job roles, responsibilities, and opportunities for promotion, continue reading.
RBI Grade B Salary Structure 2023
Candidates who successfully clear the RBI Grade B Exam must acquaint themselves with the comprehensive RBI Grade B Salary Structure. RBI not only provides individuals with a prestigious designation and job security but also offers a decent RBI Grade B Salary. The pay scale for this position ranges from Rs. 55,200 to Rs. 85,550 with regular increments and efficiency bar progression, ultimately reaching Rs. 99,750 after 16 years of service.
RBI Grade B Salary Structure
Basic Salary Pay: Rs.55,200
Dearness Allowances: Rs.23,144
Allowance (Meal): Rs.160
Allowance (Housing): Rs.5273
Direct Recruit (Special Allowances): Rs.1800
CVPS Incentives: Rs.827
Regional Compensatory Allowances: Rs.3664
Allowances of Special Prerequisite: Rs.1465
Grade Allowances: Rs.6,800
Total RBI Grade B Gross Pay: Rs.1,08,404
RBI Grade B Salary In Hand 2023
RBI Grade B Salary in hand: In metro cities, the annual CTC for RBI Grade B officers is approximately 20-24 lakhs. For a detailed breakdown, candidates can refer to the monthly RBI Grade B Salary and emoluments provided below:
1. What happens after one joins as an RBI Grade B Officer?
Ans. As you get the call letter to join the Reserve Bank of India, either you are directly sent for training in the Reserve Bank Staff College, Chennai, or directly given your first posting in some RBI Office across the country.
The first posting one gets is mostly in Mumbai, but it might vary depending on the requirements and vacancies.
The first department that one is given the charge of is the “Issue & Banking Department” so that one learns basic banking and knows the nitty-gritty of it.
You get to work in different RBI Offices across the country in various departments. The service experience that you get is very enriching.
2. Where do RBI Grade B officers get posted?
Ans. As such posting preferences are not asked while giving the postings before joining RBI. You must be prepared for all India postings and transfers.
There are four zonal offices of RBI in Mumbai, Kolkata, Delhi, and Chennai.
RBI has nineteen regional offices at Thiruvananthapuram, Patna, Nagpur, Lucknow, Mumbai, Kochi, Kolkata, Jammu, Kanpur, Chennai, Delhi, Guwahati, Bhubaneshwar, Bhopal, Hyderabad, Ahmedabad, Chandigarh, Jaipur, and Bangalore.
Eleven sub-offices of RBI are Agartala, Aizawl, Shillong, Dehradun, Gangtok, Imphal, Panaji, Srinagar, Raipur, Shimla, and Ranchi.
Married people should not put any conditions before joining. Take the appointment letter, join the duty wherever you are posted, and then apply for transfers.
3. What is the career progression (promotions) of an RBI Grade B officer?
Ans. If one continues to work in RBI with sincerity & dedication, then an RBI Grade B Officer can reach up to CGM level post. Few Grade B officers have also managed to reach Executive Director (ED) positions and very few up to Deputy Governors (DG).
- Deputy Governor
- Executive Director
- Principal Chief Manager
- Chief General Manager
- General Manager
- Deputy General Manager
- Asst. General Manager
- Manager (Grade B Officer)
You can reach the level of executive director and if you are lucky enough you can reach the post of deputy governor as well.
For career progression, you need to continuously keep acquiring additional qualifications relevant to the field and your interpersonal relations with other people will also matter.
There is no written test or so to say for promotions from Grade B to Grade C. Your promotion would depend upon vacancies available and you would be interviewed by senior officials.
But for promotions from Grade C to Grade D, there is a written test & and an interview.
The other interview happens when you are promoted from the post of GM to CGM. At that time, there is an interview with the Governor & Deputy governor.