Reserve Bank Of India Careers and Employment

About the company

Founded
1935
Company size
more than 10,000
Revenue
more than ₹ 500B
Industry
Financial Services
Headquarters
Mumbai, IN
Link
Reserve Bank Of India website

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.

Preamble :

The Preamble of...

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

Preamble :

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; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy, to maintain price stability while keeping in mind the objective of growth."

The Reserve Bank's affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act.

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.

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Salaries

Salary estimated from 130 employees, users, and past and present job advertisements on Indeed.

Management

Manager

₹ 58,596 per month

Assistant General Manager

₹ 17,57,137 per year

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Rating overview

Rating is calculated based on 60 reviews and is evolving.

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Reviews

Head Administration & security in Salbani, West Bengal

on May 1, 2023

RBI PRESS Work Environment

RBI press is certainly a good place to work but still there are scope of improvement in many fields. The management must have plans for future with multinational assignments.

Assistant Manager in Guwahati, Assam

on January 22, 2023

Best

I was fully satisfied with my organization.One of the best organization to be a part.It does lot for the development of the country. We are proud that we are the official of the organisation.

Retired as Manager in Hyderabad and Trivandrum

on December 7, 2020

It was a memmorable experience

Excellent working atmosphere I had in RBI.Since I was a committed worker I never felt like let down by the bank.I had given 100 percent.I consider being the head of CVPS machine during the note withdrawal during 2016.Further I had the oppertunity to supervise commercial banks and urban banks as assistant and incharge level.I had inspected aplroximately 100currency chests as head of inspection team...

Assitant General Manager in Mumbai india

on November 25, 2020

Full-filling

It's a great place to work as you will work with a highly talented colleague, you will work to address real financial world issues, looking at macro prudential policy

Internship in Jammu

on February 18, 2020

Excellence organization

Great organization to get learnings and exposure.The internship basically revolves around research work.Best place to do research in Economics.Its one such organization from where you return with lot of confidence and self belief.

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Questions and answers

People have asked 12 questions about working at Reserve Bank Of India. See the answers, explore popular topics and discover unique insights from Reserve Bank Of India employees.