RBI Recruitment 2019 @ rbi.org.in
RBI Recruitment aka Reserve Bank of India invites Sarkari Job application for the post of 199 Officer Grade B. Apply Online before 11 October 2019. RBI Job Qualification/ eligibility conditions, how to apply RBI Vacancy & other rules are given below… Official website is www.rbi.org.in
RBI Recruitment 2019 – 199 Grade B Officer Vacancy – Last Date 11 October
|Post Name||Officer Grade B|
|No Of RBI Vacancy||199|
|Pay Scale||35150 – 62400/-|
|rbi.org.in Qualification||Graduate, Post Graduate|
|Age Limit||21 to 30 years|
|Reserve Bank of India Job Location||All India|
About RBI Recruitment
The Reserve Bank of India (RBI) is India’s central banking institution, which controls the monetary policy of the Indian rupee. RBI is constituted on 1 April 1935 through 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 RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union. The bank is also active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion (AFI). The bank is often referred to by the name Mint Street. RBI is also known as banker’s bank. The central bank was an independent apex monetary authority which regulates banks and provides important financial services like storing of foreign exchange reserves, control of inflation, monetary policy.
RBI constituted as 21-member central board of directors: the governor; 4 deputy governors; 2 finance ministry representatives (usually the Economic Affairs Secretary and the Financial Services Secretary); 10 government-nominated directors to represent important elements of India’s economy; and 4 directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi. Each of these local boards consists of 5 members who represent regional interests, the interests of co-operative and indigenous banks. Mr. Urjit Patel is Governor of RBI.
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