Rbi (Reserve Bank Of India) recently released 504 vacancies in 2016 recruitment. If you are looking for latest jobs in central government then these post are very useful for you. You can easily apply for Rbi Assistant Recruitment 2016 if you have good qualification. Today in this article we will tell you complete details of Rbi and Latest Rbi Recruitment 2016. If you have any problem or doubt in this article then you can ask your questions by comment below the article. We will try to solve all query from you.
What Is RBI
RBI which is called ad Reserve Bank of India is a Central Banking Institution of India which is for controlling the monetary policy of Indian Rupee. RBI has started its functions or operations in the year 1935. The head office of the RBI is located at Mumbai. It was originally a private owned organization but, in the year 1949 it has been nationalized and is now under the administration of Government of India. The original share capital of the RBI has been divided in to the 100 which each of them are equally paid. These are initially held by the private shareholders.
The main functions of the RBI include the following:
- Monetary Authority
- Manager of Foreign Exchange
- Regulatory and Supervisor for the Financial System
- Development Role
- Under Research
- Issuer of Currency
- Payment Systems
- Banker to Banks
- Banker to the Government
The RBI maintains the accounts of banking for all the banks that are scheduled. It also carry outs the merchant banking for both state as well as central government and even acts as their banker.
About Notifications from RBI Jobs
Every year RBI releases various notifications for the recruitment of eligible candidates for various posts such as Grade B, Assistant, Engineers, technical attendants, officer scale and for many other posts during the banking season. As every year RBI has come up with many notifications this year also. Many people who are eagerly waiting for the RBI recruitment 2015 can utilize this opportunity. Regarding the notifications and eligibility details of jobs, you should keep updated with the official website.
Recently RBI has released notification for the post of Assistants to fill up 504 vacancies at various offices of RBI. We hope many people have applied for this. In 2015, it also released notifications for the following posts.
- Junior Engineer (Civil, Electrical)
- Part Time Medical Consultant (MC)
- Security Guards and
- Grade “A” and Grade “B” posts
Among these, the posts that come under the Grade-A are Assistant Manager (Rajbhasha), Assistant Manager (Security) and under Grade-B, the posts are Manager (Technical-Civil) and Manager (Technical – Electrical).
For all these posts the qualification and requirements varies. Accordingly the bank will conduct the exams and shortlist the candidates based on the selection process listed in the website. The candidates, who have been qualified and shortlisted through the rounds of selection process, will be appointed in their respective posts at their respective branches of RBI.
But, mainly the RBI board will has this procedure. Mostly for all the class I posts that are for the officers RBI will conduct the examinations/interviews.
It follows two different selection procedures i.e.,
1. For the posts like Research officers in Grade-B and Staff officers in Grade-B, the candidates should follow three rounds of selection process and they include,
- Objective Test
- Written Exam and
2. For the posts that are special such as, Manager (Technical), Assistant Manager (Security), Librarian etc. the candidates can directly attend the interview without passing through the written test.
If you pass through all these rounds of selection process, you will be given an Officer of Appointment from the RBI’s Central Recruitment section. Once you agree for the terms in the letter, you need to complete the formalities which include the medical test, referee report, police verification report and employee’s report.
After all the formalities are completed, you will be given an appointment letter and using that you need to report to the principle, Reserve Bank Staff College (RBSC), Chennai for the Induction training.
This selection process is relatively similar for the respective posts that are given above and for more details you can go through the official website.
So, go through those details and prepare well for the RBI recruitment. For further details, you can visit the official website. Working in such a bank will give you several benefits.
Advantages of Works in Rbi Assistant Recruitment
- You will have an opportunity to work in wide canvas of operations.
- You will have the multi-disciplinary job content as well as the opportunity for contributing to the nation building.
- You can go global where you can interact with brightest minds.
- You can touch the lives of millions of people and
- You will have the data as well as all the information at your finger tips in you are under research which includes the changes in policy.
So, get all these opportunities by qualifying in the RBI Recruitment and feel proud to work with such organization.
For latest jobs of rbi please click here.