Hello bright young minds !! In this competitive era we all want job security , a distinct identity with reputation and a decent salary package . Isn’t it ?

Are you all aspiring for the job that not only provides you a good salary package with other decent perks to satisfy you materialistically but also gives you peace of mind and a sense of fullfilment through serving the nation ? But you can’t afford those highly exorbitant coaching institutes neither can make it to UPSC ??….if yes .

Congrats !! You’ve visited the right place .

Through this course I’ll get u to know how with minimum expenditure and maximum efforts in a right direction you can crack such an exam .

It’s RBI grade B officer ( manager post)

Who doesn’t know about RBI . The regulator, the backbone of our economy . !

So here is a short description of that job profile . And what u can achieve through this job .

Experience Intellectual Fulfillment
Your work can make a difference to the entire financial world and touch the lives of millions. Your decisions can make news. For your entire professional lifespan the multi-disciplinary nature of work content ensures that you are continuously facing newer challenges.

Enhance your Skills
You get an opportunity to diversify your skills. You can move between departments and work on areas from formulation of monetary policy to dealings and trading in forex and government bonds, managing public debt and bank accounts to facilitating exchange remittances by residents and non residents, regulating and supervising 34,000 financial entities, spearheading technology within the RBI or in the financial system and even training and researching for self-development.

Be Confident of Stability 
You have a job hopping option within the organisation as you get to serve different departments and offices. You could even go out of the organisation on deputation, including multi-lateral organisation and come back without losing your seniority.

Derive Social Esteem 
Central bank and central bankers command respect and awe. Nationally and internationally. Working with RBI is a career more distinguished than any other in the financial world because you serve the nation rather than making profit for your company.

Think Together 
Participate in the decision making process that encourages collective approach. Come to a work environment that is vibrant with intellectual discussions even at lunch tables. Enrich your mental and physical abilities continuously.

Belong to the Family
Interact with some of the best minds in the government and the financial institutions while at work and build lasting relationships among RBI fraternity at home.

Materialistic benefits

Surely, a post of such a high responsibility comes with plenty of perks. Total cost to company pay package accounts to be around Rs. 18-20 lacs in metro cities like Mumbai, Delhi etc. The gross total amounts to approximately Rs. 67,000 – 80,000 per month.

Along with this hefty salary, you also benefit from a number of perks and allowances. Read below to know more about RBI Grade B Officer’s Perks & Allowances.

• After the appointment, you may reside in RBI Residence. A 2BHK is usually offered in the heart of the city.
• Your posting will always be in state capitals since RBI has it offices only in state capitals or metro cities .
• Foreign posting – Around 8% of young employees get a scholarship to study abroad in emminent institutes like London School of economics , Oxford University , Stanford University, Cambridge University etc .
• If you drive a car, you can also avail fuel allowance of 150 lts.
• Your Annual Medical Allowance shall be Rs. 4,500 upon declaration.
• Your monthly Maid Allowance shall be Rs. 3000.
• RBI also provides Food/Grocery Sodexo Coupons to its employees worth 2000/-
• You shall also be eligible for LTC/LFC Tour Allowance ~ every 2 years along with dependent Family Members.
• And there are numerous other perks that come along with this .

FUTURE PROSPECTS

Did you know, ‘Anand Sinha’ who served as the Deputy Governor of RBI in 2013-14 had joined the organization as a Grade B Officer!

B.P. Kanungo, who was appointed as a Deputy Governor of RBI last year is a non-commerce graduate and joined the organization as RBI Grade B Officer!

Courtesy :Edutap.co.in

Here , you will be starting as manager and will be above from around 3500 employees including RBI assistants and GRADE A officers . If you join n early and is intelligent and hardworking enough to survive the competition then you can reach to the level of DEPUTY GOVERNOR which is just below the GOVERNOR post .

Some extraordinary RBI Grade B Officers are deputed to work with prestigious foreign institutions like IMF and World Bank.

Now , I don’t think I have to explain any further that why job profile like this is becoming popular than UPSC job profiles and B-school packages .

I hope its enough to create that burning desire in your heart to join this organization as RBI grade B officer .

In next post , I’ll share syllabus and strategy . Till then Happy learning !!