Overview:
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India. The Preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as “To regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage”. However the main function includes Monetary Authority, Regulation and supervisor of the financial system, Management of Foreign Exchange, resolve and avoid Issuer of currency, Performing a wide range of promotional functions to support national objectives and a role of Banker to the Government as well as banks. It has the following subsidaries also National Housing Bank(NHB), Deposit Insurance and Credit Guarantee Corporation of India(DICGC), Bharatiya Reserve Bank Note Mudran Private Limited(BRBNMPL).

Recruitment Procedure:
RBI has very specific selection procedure for different posts. So, no generalised description is iven here. Please refer to each job posting for the its selection criteria and sylabus. But remember Life with the RBI is not just another career. It’s a commitment. Commitment to serve the nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves. So, be updated and be prepared.

Career with RBI
Life with the RBI is not just another career. It’s a commitment. Commitment to serve the nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves.

If you’re considering working with us, this is the place where you’ll get all the information you need to decide. Click on the any of the links on the top or bottom panels to learn more about working with us.

Head Office
Reserve Bank of India
Central Office
Mumbai 400 001