RBI Grade B Phase-II 2023 Results and Mains Scorecard out

RBI released the Grade-B Phase-II Results on 28th August 2023. The eligible candidates are called for an interview.  RBI has also released the mains scorecard and mains cut-off for RBI Grade -B. The link for the RBI Grade-B Phase-II results and Mains scorecard are given in this blog.

1. RBI GRADE B 2023 Notification

The Reserve Bank of India published the RBI Grade B Notification on May 9, 2023, to hire qualified individuals for the positions of Grade B General, DEPR, and DSIM. On the official website, rbi.org.in  candidates can apply for the 291 positions made available by the RBI Grade B Notification 2023. The Reserve Bank of India attracts thousands of applicants each year to apply for this examination since it provides a good pay scale and a reputable job profile. The deadline for online registration is June 9th, 2023.

RBI Grade B Notification 2023 has been released for various posts including-

  • Officers in Grade ‘B’ (DR) – (General)
  • Officers in Grade ‘B’ (DR) – DEPR
  • Officers in Grade ‘B’ (DR) – DSIM

Click Here for the RBI GRADE – B 2023 Notification

2. About RBI GRADE B 2023 Exam

The Reserve Bank of India is prepared to hire qualified applicants and has posted the official RBI Grade B Notification 2023 on its website. The RBI Grade B Exam preparation process must be effective. The selection process for RBI Grade B Officers will consist of three phases: a preliminary and a main exam, followed by an interview.

RBI Grade B Exam Pattern For Phase I

The RBI Grade-B Officer 2023 prelim exam consists of one Paper with 200 marks. The total time allotted for answering is 120 minutes. Each test will, however, have its own time allotment. candidates must obtain the required minimum marks in each test.

Name of Subject No. of Questions Duration
General Awareness 200 2hrs
English Language
Quantitative Aptitude
Reasoning Ability
Total 200 120 minutes

RBI Grade B Exam Pattern For Phase 2

Candidates who pass the preliminary exam are qualified to take the main exam, also known as Phase 2. The primary test consists of three distinct papers.

  • Candidates must show up for papers I, II, and III if they are applying to be RBI Grade B Officers in Gr B (DR)-General.
  • Candidates must show up for Papers II and III if they are applying for RBI Grade B Officers in Grade B (DR)- DEPR & DSIM.

Paper II is purely descriptive, whereas Paper I and III are both 50% objective and 50% descriptive. Each exam will have 100 points. The test is in the English Language.

Name of Test Paper Type Maximum Marks Time Allotted
Paper I – Economic and Social Issues 50% Objective Test

50% Descriptive Test



30 mins

90 mins

Paper-II – English (Writing Skills) Descriptive Test 100 90 mins
Paper III – Finance and Management 50% Objective Test

50% Descriptive Test

120 30 mins

90 mins

3. About IACE coaching for RBI GRADE B 2023

It is difficult to pass the RBI Grade B exam on your first try, but it is achievable with careful planning, thorough preparation, and persistence. Here are some important points about the About IACE coaching for RBI GRADE B.

  • IACE is a pioneer in both online preparation and in-person coaching and over the years, our blended coaching classes (in-person + online) have established a strong reputation.
  •  Regardless of the preparation method they select, we make sure that our students get the greatest preparation experience possible.
  •  Although our classroom coaching programs have helped us get to where we are now, 7 out of 12 CL students have chosen to dedicate their preparation to 
  • our online coaching programs, which have so far produced excellent results.

4. RBI GRADE B Exam Highlights

RBI Grade B 2023
Name of Exam RBI Grade B
Posts Available RBI Grade B Officer (DR, DEPR, DSIM)
RBI Full Form Reserve Bank of India
RBI Grade B 2023 Notification Date 26th April 2023
Frequency of Exam Annually
Number of vacancies 291
Selection Process
  • Phase 1
  • Phase 2
  • Interview
Mode of Exam Online
Language of Exam English & Hindi
Job Location Anywhere in India
Official Website https: //rbi.org .in
RBI Help desk 011-23711333


5. RBI GRADE B Online Application & Fee

5.1 Online application process

  • To fill out the online application for RBI Grade B 2023, visit the Reserve Bank of India’s official website.
  • On the Reserve Bank of India’s home page’s upper right-hand corner, click the “CLICK HERE FOR NEW REGISTRATION” link.
  • complete all the required fields and click the Save and Next button at the bottom of the page.
  • Upload your photo and signature in the RBI-approved size and format.
  • Enter your personal information. In this area of the RBI Grade B application form, there are three sub-sections that must be filled out.
  • Review your application form in advance and double-check the details you entered into the RBI Grade B Online Application Form. You may modify the data you’ve supplied if you uncover any mistakes. You cannot alter the form in any way after the data has been saved and uploaded.
  • In order to complete the application cost for the RBI Grade B 2023 Exam, choose your preferred payment option. Credit cards, debit cards, net banking, etc. are all acceptable methods of payment.
  •  Press the Submit button. It has been submitted successfully for you to apply for RBI Grade B in 2023.
Category RBI Grade B Application Fee
General/OBC ₹ 850/-
SC/ST/PWD ₹ 100/-


6. RBI GRADE B Eligibility Criteria

To be eligible for the RBI Grade B 2023 Exam, candidates must meet the requirements below as per the  RBI Grade B Notification.

6.1 Educational Qualification.

Category RBI Grade B Qualification
Officers in Grade ‘B’ (DR) – (General) Degree with 60% marks (50% for SC/ST/PWD) or post-graduation with 55% marks.
Officers in Grade ‘B’ (DR) – DEPR P.G in economics with a minimum of 55% marks.
Officers in Grade ‘B’ (DR) – DSIM P.G. in statistics/mathematical statistics/mathematical economics and informatics from IIT-Kharagpur/ applied statistics and informatics from IIT-Bombay with 55% marks.


 6.2 Age Eligibility

The RBI has set up minimum age requirements for taking the RBI Officer (Grade “B”) examination. To apply for the RBI Grade B exam in 2023, candidates must be between the ages of 21 and 30 (both ages included). The upper age restriction is 32 and 34 years, respectively, for candidates with M.Phil. and Ph.D. qualifications.

RBI Grade B Age Relaxation

Category Age relaxation
SC/ST 5 years
OBC 3 years
Physically Handicapped 10 years
PH + OBC 13 years
PH + SC/ST 15 years


RBI Grade B Citizenship & Nationality

RBI Grade B Citizenship & Nationality • Indian nationality is required.

  • Must be a Nepali citizen
  • Must be a Bhutanese citizen
  • You must be a Tibetan Refugee who arrived in India before January 1, 1962, and you must want to live there permanently.
  • A person of Indian descent went to India with the purpose of staying there permanently from nations including Pakistan, Burma, Sri Lanka, Kenya, Uganda, Zambia, Malawi, Zaire, Ethiopia, and the United Republic of Tanzania (formerly Tanganyika and Zanzibar).

7. RBI GRADE B Important Dates


Events Important Dates
RBI Grade B 2023 Notification PDF Release Date 26th April 2023
RBI Grade B Apply Online 9th May 2023
Last Date for Online Application 9th June 2023 (Till 6:00 p.m.)
Admit card Release Date (Phase 1) 10-15 days before the exam
RBI Grade B Exam Dates 2023 For Phase 1 Officers in Grade ‘B’ (DR) – (General) – 9th July 2023

Officers in Grade ‘B’ (DR) – DEPR – 16th July 2023

Officers in Grade ‘B’ (DR) – DSIM – 16th July 2023

RBI Grade B Exam Dates 2023 For Phase 2 Officers in Grade ‘B’ (DR) – (General) – 30th July 2023

Officers in Grade ‘B’ (DR) – DEPR – 2nd September 2023

Officers in Grade ‘B’ (DR) – DSIM – 19th August 2023

Result Release Date 28th August 2023
Interview Admit Card 2023 To Be Announced
Interview Date To Be Announced
Final result 2023 To Be Announced


8. RBI GRADE B Selection Procedure

The RBI Grade B 2023 Exam is divided into three sections. The Preliminary Examination is Objective in Nature, whilst the Main Examination consists of both an Objective and a Descriptive Test.     

  • Phase-I exam
  • Phase-II exam
  • Interview process

RBI Grade B phase-1: The RBI Grade B phase-1 exam is an online, objective-style test. There will be 4 parts to it: English language proficiency, reasoning, and general awareness

RBI Grade B Phase 2: The RBI Grade B Phase – 2 Exam is a descriptive & objective test. English language, finance, and management will be the main topics of this phase.

RBI Grade B Interview Process: The selection of candidates for the interview will be based on the combined scores in Papers I, II, and III of the Phase II exam. There will be 50 marks given for the interview.

9. RBI GRADE B Syllabus 2022

                                      RBI Grade B Syllabus Phase 1(Prelims)
Section Syllabus
Quantitative Aptitude
English Language
General Awareness
  • Current Affairs
  • Indian Financial Systems
  • Indian Banking Systems
  • Monetary Plans
  • National Institutions
  • Banking Terms


RBI Grade B Syllabus Phase 2 (Mains)
Section Topics
Economic & Social Issues (Objective)
Finance & Management (Objective) (a) Financial System

(b) Financial Markets

(c) General Topics

  • The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance, and Budget Management Act (FRBM), Financial Inclusion- use of technology, Risk Management in the Banking Sector, Basics of Derivatives: Forward, Futures and Swap, Alternate source of finance, private and social cost-benefit, Public-Private Partnership Inflation, Changing Landscape of the Banking sector, Commission, Fiscal Policy, Fiscal Responsibility.
  • Management: its nature and scope
  • Training and Development
  • Rewards
  • Employee Welfare
  • Motivation, Morale and Incentives
  • Theories of Motivation
  • How Managers Motivate
  • Concept of Morale
  • Factors determining Morale
  • Role of Incentives in Building up Morale
  • The Management Processes
  • Planning, Organization
  • Staffing
  • Directing and Controlling
  • A successful Leader versus an effective Leader
  • Human Resource Development: Concept of HRD
  • Feedback and Performance Counselling
  • Career Planning
  • Communication: Steps in the Communication Process
  • Communication Channels
  • Oral versus Written Communication
  • Verbal versus non-verbal Communication
  • upward, downward and lateral communication
  • Barriers to Communication, Role of Information Technology
  • Corporate Governance
  • Leadership: The Tasks of a Leader
  • Leadership Styles
  • Leadership Theories
English Writing Skills (Descriptive) writing skills, understanding of the English language and expression. 

10. RBI GRADE B Vacancy 2023: Category-Wise

There are a total of 291 vacancies in  RBI Grade B 2023 the category-wise vacancies details are given below.

                                                            RBI Grade B Vacancy 2023
Posts General SC ST OBC EWS Total Vacancies
Officers in Grade ‘B’ (DR) – (General) 109 25 17 49 22 222
Officers in Grade ‘B’ (DR) – DEPR 14 4 6 11 3 38
Officers in Grade ‘B’ (DR) – DSIM 9 8 5 6 3 31

11. RBI GRADE B Cut-Off: Previous Year’s Cut-off Marks

The RBI Grade-B Cut-off of 2022 if given below. 

Category RBI Grade B 2022 Cut Off
General 234.50
EWS 187.50
OBC 223.00
SC 202.50
ST 179.00
PwBD General-208.25



12. RBI GRADE B 2023 Salary Structure

The salary structure of RBI Grade-B is given below. 

RBI Grade B Salary Structure
RBI Grade B Particular Amount
Basic Pay Rs. 55,200
Grade Allowances Rs. 6,800
Dearness Allowances Rs. 23,144
Housing Allowance Rs. 5273
CVPS Incentives  Rs. 827
Special Prerequisite Allowances Rs. 1465
Special Allowances- Direct Recruit Rs. 1800
Local Compensatory Allowances Rs. 3664
Meal Allowance Rs. 160
Gross Pay Rs. 1,08,404


13. RBI Grade-B Growth and Promotion

After five years of service, RBI Grade-B Officers receive their first promotion.

  • Earn an annual increase of Rs. 1750 (for up to 9 years)
  • The starting salary after nine years is to obtain a rise of Rs. 50,900: Rs. 1750 each year for the next two years.
  • An additional rise of Rs. 2000 (for the following four years) divided by basic salary results in Rs. 54400.
  • The highest basic wage after 16 years is Rs. 62400. The RBI Grade B Salary is therefore Rs. 62400 (Maximum) when an employee declines any promotions.

14. RBI GRADE B Salary deductions

The salary deduction of RBI Grade-B is given below.

Deductions Amount
EE NPS Contrib Amount Rs. 6509
Prof Tax-split period Rs. 200
BF EE NPS Monthly Contrib Rs. 13,018
House Rent Recovery Rs. 620
Meal Coupon Deduction Rs. 400
MAF Rs. 300
RBI Officers Association Rs. 40
Sports Club Membership Rs. 30
Income Fax Rs. 5319
Total Deductions Rs. 26,436

15. RBI GRADE B 2023 Exam Centre

RBI Grade B prelims examination centers are situated across the states since it is a national wide exam and candidates are selected on the basis of their performance in the preliminary exam.

States /UTs RBI Grade B Exam Centers for Prelims
Andaman & Nicobar Port Blair
Andhra Pradesh & Telangana Kakinada, Tirupati, Chittoor, Vijayawada, Guntur, Narasaraopet, Warangal, Rajahmundry, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram, Hyderabad, Rangareddy-Kodada, Karimnagar.
Arunachal Pradesh Itanagar, Naharlagun city
Assam Dibrugarh, Guwahati, Jorhat, Silchar
Bihar Bhagalpur, Muzaffarpur, Patna
Chandigarh Chandigarh
Chattisgarh Raipur, Bhilai
Daman & Diu Jamnagar
Goa Varna
Gujarat Bhavnagar, Jamnagar, Ahmedabad, Gandhi Nagar, Rajkot, Vadodara, Surat.
Haryana Hissar, Karnal, Rohtak
Himachal Pradesh Dharamsala, Shimla
Jammu & Kashmir Jammu
Jharkhand Bokaro, Dhanbad, Jamshedpur, Ranchi
Karnataka Hubli, Dharwad, Haliyal, Belgaum, Bagalkot, Kolar, Tumkur, Gulbarga, Bidar, Gadag, Mangalore, Mysore, Mandya, Udipi, Bengaluru, Chikaballapur.
Kerala Kasargod, Kochi, Alappuzha, Kottayam,Kannur, Pathanamthitta, Kozhikode,Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil, Malappuram.
Lakshadweep Kavaratti
Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur
Maharashtra Kolhapur, Mumbai, Navi Mumbai, Aurangabad, Thane, Pune, Solapur,Nagpur, Nasik.
Manipur Imphal
Meghalaya Shillong
Mizoram Aizawl
Nagaland Kohima
New Delhi Delhi –NCR
Orissa Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur
Puducherry Cuddalore, Villupuram
Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala
Rajasthan Ajmer, Jaipur, Jodhpur, Kota, Udaipur
Sikkim Gangtok, Bardang City
Tamilnadu Namakkal, Thiruchirapalli, Perambalur, Chennai, Vellore, Coimbatore, Erode, Dindigul Salem,Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin,Tirupur, Madurai, Virudhunagar.
Tripura Agartala
Uttar Pradesh Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi
Uttarakhand Haldwani, Nainital, Dehradun,Roorkee City
West Bengal Durgapur, Kolkata, Greater Kolkata, Berhampore (WB), Howrah, Hooghly, Kalyani, Siliguri


RBI Grade-B Phase II Exam centers
Name of the Examination Cities
Ahmedabad Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai
Chandigarh Nagpur
Chennai New Delhi


16. RBI GRADE B Preparation Tips 2023

 Here are some preparation tips for cracking RBI Grade-B 2023

  • Ensure that you thoroughly review the key ideas and concepts you have already covered. Make certain that you understand the fundamental ideas and principles.
  • As much as possible, complete practice exams daily and exam papers from prior years to boost your performance, and also take mock tests. As a result, your exam anxiety will be lessened and you will have a better sense of the actual exam.
  •  Revise and Update crucial equations, theories, and shortcuts. Your exam efficiency and accuracy will both increase as a result.
  • Read newspapers and keep up with current events to get ready for the general awareness section.
  • You should regularly relax by taking breaks. so that You’ll be able to focus and remain alert throughout the exam.

17. RBI GRADE B 2023 Admit Card & Call Letter

The RBI Grade B Admit Card 2023 will be made available separately for the Phase-I and Phase-II tests. Candidates who have passed the Phase-I test for RBI Grade B will receive their admit cards for the Phase-II test. RBI will release RBI Grade B Admit Card on its official website.

18. RBI GRADE B 2023 Prelims Result

The RBI Grade B 2023 Exam results will be made public following the conclusion of each exam category. Prelims results will be available on its official website. Here is the link given below

19. RBI GRADE B Interview Process

The Reserve Bank of India will conduct the RBI Grade B Interview in 2023 as the final phase in the hiring process. Candidates who have passed both Phase I and Phase II tests need to know how to study for the RBI Grade B Interview using study materials, interview questions, and expert preparation advice. The RBI Grade B Recruitment is conducted yearly using a 2:9 interview selection ratio. This shows that 2 out of the nine applicants were chosen for the final RBI Grade B Interview. 

While the Mains contain 300 marks, the RBI Grade B Interview has a total of 75 marks. 

20. RBI GRADE B Result

A candidate must pass both the Phase-I and Phase-II exams to be invited to the interview stage. Following the conclusion of the interview procedure, the merit list is created in descending order of the scores attained by candidates. Results are yet to release soon. 

RBI has released the Phase-II results for Grade B on 28th August 2023.  RBI has also released the Mains scorecard for RBI Grade-B 2023. The list of shortlisted candidates for the interview is given below. 

Click Here for the RBI GRADE – B DR (General) 2023 Phase-II Results 

22. FAQ's

1. Who is eligible for the RBI grade D exam?

Ans: Bachelor’s degree requirements for RBI Grade B include a minimum grade of 60% or an equivalent. Age restrictions for specified groups range from 21 to 30 years old.

2. Is the RBI grade D exam have high pay?

Ans: The annual pay range for all of the officers chosen through the RBI Grade B 2023 Exam is between 12 – 14 million. Various emoluments and allowances are granted in addition to the CTC. The RBI Grade B Officer’s payscale is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years).

3. How many steps are there in the selection process for RBI Grade B?

Ans: There will be three phases used to make the selection

  • Phase I, or Preliminaries, 
  • Phase II, or Mains
  • Interview.

4. How tough is the RBI Grade B exam?

Ans: One of the hardest exams in the nation is thought to be the RBI Grade B exam. The Reserve Bank of India (RBI) holds the Grade B exam to select applicants for the positions of Grade B officials in several divisions of the Indian central bank. Many factors, including the extensive syllabus, strong competition, and the strict selection procedure, contribute to the exam’s difficulty level. 

5. How many attempts can be made on the RBI Grade B exam?

Ans: Six attempts are allowed for general candidates, while there is no limit on the number of attempts for SC/ST/OBC/PWD applicants.

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