RBI Grade B Salary, Job Profile & Promotion

RBI Grade B Salary, Job Profile & Promotion

RBI grade b officer is an exam conducted by Reserve Bank of India. RBI Assistant is the Central Bank in India. RBI Grade B officer salary is a handsome salary along with some amazing perks as offered by Reserve Bank of India. The RBI Grade B officer salary differs as per the Bank location.

Every aspirant should know the details about RBI Grade B officer salary, RBI Grade B officer job profile and RBI Grade B officer career growth, which will create interest and help in the better preparation of the exam. So, here ambitiousbaba is providing all the details about the RBI Grade B officer salary, RBI Grade B officer job description, RBI Grade B officer career growth etc.

♦RBI Grade B Salary Structure

RBI Grade B Basic Pay Rs 35,150/-
RBI Grade B Pay Scale 35150 – 1750(9)– 50900-EB-1750(2)-54400-2000(4)-624000
RBI Grade B Grade Pay Not applicable
RBI Grade B Salary :NET Salary Including All Allowances Rs 77,208/-Approx

 Allowances provided to an RBI Grade B Officer:

  • Dearness Allowance
  • Local Allowance
  • House Rent Allowance
  • Family Allowance
  • Grade Allowance
  • Medical Allowance

RBI-Grade-B-salary 1


♦RBI Grade B Promotion

RBI Grade B Officer is appointed on probation of two years which may be extended up to 4 years. Once, an employee completes the probation period; he is liable to get promoted to higher posts. The posts to which an RBI Grade B Officer can get promoted to are as follows:

  • Assistant Manager
  • Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Principal Chief General Manager
  • Executive Director
  • Deputy Governor
  • Governor

♦RBI Grade B Job Profile

RBI Grade B officer’s job profile differs from one post to the another according to the areas they have posted.
The different departments include:  Financial Markets, Banking Supervision, Banking Regulation, Currency Issuing, Public Debt Office, Foreign Exchange, HRD.  Officers could be transferred to these departments.

RBI Grade B Officer’s job profile is given below:

Ensuring Nation’s Financial Stability –  The RBI grade B officers have been working primarily to keep a check on inflation. They also make sure that there is sufficient supply of liquidity of the production sector. This supply system is under their control. It is an important step towards maintaining the financial stability of the country. The officers ensure the smooth functioning. It operates under responsibility of officers to maintain the rules and law. The officers also work to strengthen the trust of the public and consumer in financial system of the country. And provide new technology-based services that are cost effective too, to be used by customers.

Issue and circulation of Currency –   RBI Grade B Officers are in charge for the circulation of coins and currencies issued by RBI to different nationalized banks covered under the RBI.
Another important duty of the RBI Grade B officer is the smooth functioning of the currency till the subordinate units of RBI.

Government accounts’ Management – Management of accounts of the state & central government by executing various merchant banking functions for them.

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