RBI
RBI and IBPS Exam Coaching Centre in Chennai: Shankar Banking Academy
Name of the Recruiting Body : RBI Grade B
Type of Services :RBI Officers (Grade-B)
RBI Grade B Exam:
RBI Grade B exam is one of the most significant banking exams conducted across the country.
This Grade B recruitment exam is the only entry-level officers’ exam that is conducted by the RBI.
The RBI Grade B exam is a three-stage process, and the syllabus for written examinations comprise both an objective and a descriptive portion.
The RBI Grade B Exam has limited vacancies, so it is very important to prepare effectively for this exam. The selection of RBI Grade B Officers will be done through a nationwide competitive examination in three phases, namely - Prelims, Mains examination, and Interview.
The selection for RBI Grade B Officers is done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview. Aspiring candidates who are interested in a career in the banking sector can now begin their preparation in earnest. The RBI Grade B examination is highly prestigious and offers candidates an opportunity to work with the Central Bank of India. RBI conducts RBI Grade B Officer Exam for the selection of eligible graduates for the position of Grade B officer in its various branches all across the country.
The RBI Grade B exam is a nationwide government exam administered by the Reserve Bank of India (RBI). It is aimed at individuals who aspire to work in the banking industry. The Grade B Officer positions at RBI provide a lucrative salary and a prestigious job profile, making it a highly competitive exam. The RBI Grade B Notification 2024 will be released for various posts, including:
- Officers in Grade 'B' (DR) - (General)
- Officers in Grade 'B' (DR) - DEPR
- Officers in Grade 'B' (DR) – DSIM
RBI Grade B- Exam Summary:
Reserve Bank of India (RBI) is solely responsible for conducting the recruitment process for the RBI Grade B 2024 Exam. To learn about the RBI Grade B Exam , candidates can refer to the exam summary table below, which contains important information about the RBI Grade B Recruitment 2024.
| RBI Grade B 2024- Important Details | ||
|---|---|---|
| Organisation | Reserve Bank of India (RBI) | |
| Exam Name | RBI Grade B | |
| Posts | Grade B Officers | |
| Recruitment Basis | Direct Recruitment | |
| Selection Process | Phase I, Phase II & Interview | |
| RBI Grade B Salary | Rs. 55,200/- Basic Pay [Revised] | |
| Job Location | Across India | |
| Official website | https://www.rbi.org.in/ | |
RBI Grade B Application Fees:
A total of Rs. 850/- is the application fee to be paid by candidates belonging to theGeneral and OBC Categories. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD Category.
| Category | Application Fee |
|---|---|
| General/OBC | Rs. 850/- + 18% GST |
| SC/ST/PWD | Rs. 100/- + 18% GST |
| Staff of RBI | Nil |
Age Limit:
RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both ages included) to apply for RBI Grade B Exam. For candidates possessing M.Phil. and PhD qualifications, the upper age limit will be 32 and 34 years respectively.
| RBI Grade B Age Limit Relaxation | |
|---|---|
| Category | Age relaxation |
| SC/ST | 5 years |
| OBC | 3 years |
| Physically Handicapped | 10 years |
| PH + OBC | 13 years |
| PH + SC/ST | 15 years |
Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.
Educational Qualification
Below discussed is the grade-wise education qualification required to apply for various posts released under RBI Grade B Recruitment 2
| RBI Grade B Educational Qualification | |
|---|---|
| Posts | Minimum Educational Qualifications |
| Officers in Grade 'B' (DR) - (General) | Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years. Note: |
Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination. |
|
Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post. (OR) |
|
Any such full-time course from a recognised University / Institute that is taken after graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to post graduation will be eligible for admission to the examination. |
|
| Officers in Grade 'B' (DR) - DEPR | Essential: a. A Master's Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. (OR) |
b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. (OR) |
|
c. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute (OR) |
|
d. (i) Candidates having Master's Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. |
|
| Officers in Grade 'B' (DR) - DSIM | Essential: a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years. (OR) |
b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one-year post-graduate diploma in Statistics or related subjects from an Institute of repute. (OR) |
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c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years. (OR) |
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d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years. |
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RBI Grade B Prelims Exam Pattern:
The prelims exam of RBI Grade-B Officer comprises a single Paper for 200 marks. A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.
| RBI Grade B 2024 Prelims Exam Pattern | |
|---|---|
| Subject Names | General Awareness |
| Quantitative Aptitude | |
| English Language | |
| Reasoning | |
| No. of Questions | 200 |
| Total Marks | 200 |
| Time Duration | 2 Hours |
Note:
1. A total time of 120 minutes will be given for the prelim exam. However, separate time will be allotted for each test. Detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letter for RBI Grade B 2024 prelims exam.
2. Candidates have to secure minimum marks separately for each test as well as in aggregate
RBI Grade B Mains Exam Pattern :
| S.No. | Sections / Subjects | Paper Type | Maximum Marks | Duration (minutes) |
|---|---|---|---|---|
| 1. | Paper I Economic & Social Issues | 50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard) |
50 | 30 |
| 50 | 90 | |||
| Total-100 | 120 minutes | |||
| 2. | Paper II English (Writing Skills) | Descriptive (3 questions) | 100 | 90 minutes |
| 3. | Paper III Finance and Management | 50% Objective Type and 50% Descriptive |
50 | 120 minutes |
| 50 | ||||
| Total-100 |
RBI Grade B Officer Interview Process
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper II, and Paper III of the Phase II exam. The interview process will carry 50 marks.
RBI Grade B 2024 Syllabus:
The RBI Grade B syllabus for the prelims exam is similar to the other Bank Exams. The major sections from which the questions are asked are:
- Reasoning
- Quantitative Aptitude
- General Awareness and
- English Language
| RBI Grade B Exam Syllabus | |||
|---|---|---|---|
| English | Quantitative Aptitude | Reasoning | General Awareness |
| Grammar | Mensuration | Puzzles | Banking & Financial Awareness |
| Vocabulary | Time and Work | Seating Arrangement | Monetary Policies |
| Error Spotting | Average, Ratio, Percentages | Directions and Distance | Economic Terms |
| Comprehension | Speed, Distance and Time | Data Sufficiency | Current Affairs |
| Passage Making | Mixture and Allegations | Blood Relations | Financial & Economics News |
| Jumble Words | Permutation and Combination | Syllogism | Static GK |
| Fill in the Blanks | Data Interpretation | Coding-Decoding | Government Schemes, Agreement & Deals |
| Sentence Framing | Probability | Inequality | Banking terms, rates, processes |
Number of Attempts
The number of attempts for a general candidate to appear for the RBI Grade B Exam is 6 (six) while for SC/ST/PWD/EXSM there is no limit for appearing in the exam unless they reach the maximum age level.
RBI Grade B Salary Structure
The Pay Scale for the RBI Grade B Officer is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). This means that you will be having basic pay of Rs. 55,200/- in which you will get an increment of Rs. 2850/- up to nine years of your service. After the completion of nine years, you will get into the executive band wherein the basic pay will be Rs. 80850/- and then again for the next two years you will get an increment of Rs. 2850/- and further an increment of Rs. 3300/- for the following 4 years thus ending up with the basic pay of Rs. 99,750/- and this is when you don't get any promotion. Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.
Previous year Cut Off for Examinations :
RBI Grade – B 2023
| RBI Grade-B Cut-Off 2023 for Phase-I Exam | |||||||
|---|---|---|---|---|---|---|---|
| Section | Category | ||||||
| GENERAL/UR | EWS | OBC | SC | ST | PwBD (OH/HI/VH/MD) | ||
| GENERAL AWARENESS (Maximum Marks = 80) |
12.00 | 12.00 | 8.00 | 6.25 | 6.25 | 6.25 | |
| REASONING (Maximum Marks = 60) |
9.00 | 9.00 | 6.00 | 4.75 | 4.75 | 4.75 | |
| ENGLISH LANGUAGE (Maximum Marks = 30) |
4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 | |
| QUANTITATIVE APTITUDE (Maximum Marks = 30) |
4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 | |
| TOTAL SCORE/ Aggregate (Maximum Marks = 200) |
54.25 | 54.25 | 54.25 | 52.75 | 44.75 | 40.25 | |
RBI Grade B Mains Cut Off 2023
Reserve Bank of India (RBI) releases RBI Grade B Mains Cut Off along with the final cut-off marks. The RBI Grade B Mains Result was previously announced and the candidates must be now waiting for the release of score card and cut off marks.
| RBI Grade B Phase 2 Cut Off 2023 | ||||||
|---|---|---|---|---|---|---|
| RECRUITMENT STAGE | GENERAL | OBC | SC | ST | EWS | PwBD |
| AGGREGATE CUT – OFF MARKS IN PAPER- I, PAPER-II AND PAPER- III TAKEN TOGETHER IN WRITTEN EXAMINATION FOR SHORTLISTING THE CANDIDATES FOR INTERVIEW (OUT OF TOTAL 300 MARKS). | 169.00 | 169.00 | 156.50 | 148.50 | 169.00 | 148.00 |
RBI Grade B Final Cut Off 2023
Reserve Bank of India (RBI) has released RBI Grade B Phase 3 Cut Off marks category-wise on its official website www.rbi.org.in. RBI Grade B cut off marks are released, the same has been updated here.
| RBI Grade B Final Cut Off 2023 | ||||||
|---|---|---|---|---|---|---|
| RECRUITMENT STAGE | GENERAL | OBC | SC | ST | EWS | PwBD |
| AGGREGATE MARKS IN WRITTEN EXAMINATION (PAPER- I, II AND III) AND INTERVIEW TAKEN TOGETHER (OUT OF TOTAL 375 MARKS) OBTAINED BY THE LAST RECOMMENDED CANDIDATE REGARDING THE NO. OF VACANCIES NOTIFIED IN THE ADVERTISEMENT | 229.00 | 221.75 | 213.75 | 203.25 | 194.00 | 202.75(GEN) 167.75(EWS)No PwBD Candidate qualified in SC, ST and OBC categor |
CONTACT
| Class Room | Admission Office |
|---|---|
| Plot No.1742, 1st Floor, 18th Main Road, Anna Nagar Chennai – 600 040 Contact No. 044 - 45543082 | Shankar IAS Academy Door No 18, Old Plot No 109, New Plot No 259, AL Block, 4th Avenue, Shanthi Colony, Anna Nagar, Chennai ‐ 600040. |
Branch Office
| Adyar-Chennai | Madurai | Trichy | Salem |
|---|---|---|---|
| No-2/23, 3rd Cross Street, Padmanabhanagar, Opposite to Sishya School, Adyar Chennai – 600 020, Tamilnadu 044 - 24 418886 | Plot no:409/B, Mall Super Market, Second floor, Church Road, Anna Nagar, Sathamangalam, Madurai- 625020. Mobile : 97896 22555 [land mark: Suguna Bus Stand, Second left] | N.R.Towers A9( N), Salai Road, Thillai Nagar, Trichy – 620018 Contact : 0431-4976911 | 97896 64555 Land Mark – LIC -Rock fort branch building | No. 207/5 United Arcade, Kauveri Avenue, State Bank Colony, Junction Main Road, Salem – 636 004. Tamil Nadu. Contact : 0427-2441961 | 89400 80039 |
RBI IBPS Exam Training and Coaching Centre in Chennai
For students who wish to crack the RBI IBPS exam, Shankar Banking Academy is the Best RBI Exam Coaching in Chennai and IBPS Exam Training Centre in Chennai. it is imperative to choose a good training and coaching centre. For the exam, 60 percent of the students have to get 60 marks in class 12th. There are many such coaching centers all over Chennai that provide quality education. Choosing a good institute will allow you to improve your score. Below are some of the best options available in the city.
The RBI Grade B Exam is extremely competitive. The best way to achieve the score you desire is to take expert coaching. The exam is difficult and requires rigorous preparation, but with the right training, you will get an edge over your competitors. There are several RBI and IBPS coaching centres in Chennai that provide top-notch quality training. However, there are certain things that you must keep in mind before enrolling in one. While choosing the best one, you should consider factors such as faculty experience, course fees, and the distance from your home.
Shankar Banking Academy is the Best IBPS training centre in Chennai should offer several features and benefits to help you pass the exam. The course includes detailed explanations of the syllabus, mock tests series, application-based worksheets, and dedicated doubt removal sessions. The instructors will also provide guidance on the exam-related rules and regulations. The information handout will provide details of all aspects of the exam, including the eligibility criteria. For candidates who want to excel in this exam, the right course is essential for their success.
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The RBI IBPS Exam Training and Coaching Centre in Chennai is an excellent resource for aspirants who are preparing for the RBI examination. The instructors are experienced and have extensive knowledge of the syllabus. The courses are a great place to start your study. There are many benefits to choosing a good teaching and coaching centre in Chennai. All of the staff members are qualified and can assist you in clearing the RBI IBPS examination.
There are various IBPS Exam Training and Coaching Centres in Chennai. The best one is Shankar Banking Academy is located in a city with a large population. A good institution will have plenty of resources for candidates who are preparing for the bank examination. The syllabus will be covered in a way that is easy for the students. The courses are taught by experienced and skilled teachers. The classes also offer daily current affairs and good study environment.