Lateral Recruitment of Consultants/Subject Specialists/Analysts on Contract Basis at RBI

Candidates to Ensure their Eligibility for the Posts:

Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts. The Reserve Bank of India Services Board, hereinafter referred to as ‘Board’ would admit applications from all the candidates applying for these posts with the requisite fee/intimation charges (wherever applicable) on the basis of the information furnished in the ONLINE application and shall determine their eligibility only at the interview stage. If at that stage, it is found that any information furnished in the ONLINE application/Biodata is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for interview and can be removed from service without notice, if he/she has already joined the Bank.

Mode of Application:

Candidates are required to apply only ONLINE through the Bank’s website www.rbi.org.in. No other mode for submission of application is available. Brief Instructions for filling up the “Online Application Form” are given in Appendix-I:

Important Dates:

Help Facility: In case of any problem in filling up the form or payment of fee/intimation charges etc. queries may be made through the link http://cgrs.ibps.in

5Corrigendum: Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank’s website www.rbi.org.in.

DETAILED NOTICE

The Reserve Bank of India Services Board (Board) invites applications from eligible candidates for lateral Recruitment of Consultants/ Subject Specialists/ Analyst on contract basis for the below mentioned positions/ areas in Reserve Bank of India (RBI/Bank) and Deposit Insurance & Credit Guarantee Corporation (DICGC):

*Gen/UR-General/Unreserved, SC- Scheduled Caste, ST-Scheduled Tribe, OBC-Other Backward Classes and EWS-Economically Weaker Section.

$ Reservations for OBC in recruitment is governed by Office Memorandum No. 36012/22/93-Estt. (SCT) dated September 08, 1993 as amended from time to time of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India.

The OBC candidates coming in the ‘Creamy Layer’ are not entitled to OBC reservation. They should indicate their category as ‘General (GEN)’. The OBC candidates claiming reservation under the said category must produce OBC (Non-Creamy Layer) certificate based on the income for the Financial Year (FY) 2022-2023, 2021-2022 and 2020-21 and issued on/ after April 01, 2023 (after the completion of FY 2022-23) but not later than the closing date of applications for the posts. The candidate should be in possession of requisite OBC certificate in the prescribed format in support of his/her claim for availing reservation on / before the closing date of applications for the posts i.e. July 11, 2023.

@Reservations for Economically Weaker Sections (EWSs) in recruitment is governed by Office Memorandum No.36039/1/2019-Estt(Res) dated January 31, 2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India.

Disclaimer: “EWSs vacancies are tentative and subject to further directives of Government of India and outcome of any litigation. The appointment is provisional and is subject to the Income & Asset certificate being verified through proper channels”. Benefits of reservation under EWS category can be availed upon production of an “Income and Asset Certificate” issued by a Competent Authority in the format prescribed by Government of India for the Financial Year 2022-23 and Valid for the Year 2023-24. The candidate should be in possession of requisite Income and Asset certificate in the prescribed format in support of his/her claim for availing reservation on/ before the closing date of applications for the posts i.e. July 11, 2023.

Reservations for Persons with Benchmark Disability (PwBD): The following posts have reservation for PwBD:

# As per OM No.36035/02/2017-Estt (Res) dated January 15, 2018 issued by Department of Personnel & Training (DoPT), Government of India regarding ‘Reservation for the Persons with Benchmark Disabilities’, the four categories of disabilities are as under:

Note (II) – For Persons with Benchmark Disabilities (PwBD) candidates:

For posts where no reservations are available, PwBD candidates may apply without any concession except for relaxation in age, subject to their suitability to that post. The Bank has identified the following categories suitable for the post along with the functional requirements. Only following categories of PwBD candidates are, therefore, eligible to apply for the posts.

* Functional Requirements Abbreviations Used: S=Sitting, W=Walking, MF=Manipulation with Fingers, RW=Reading & Writing, SE=Seeing, C=Communication.

** Category Abbreviations Used: B=Blindness, LV=Low Vision, HH=Hard of Hearing, OA=One Arm, BA=Both Arms, OL=One Leg, BL=Both Legs, OAL=One Arm and One Leg, CP=Cerebral Palsy, LC=Leprosy Cured, Dw=Dwarfism, AAV=Acid Attack Victim, SD / SI = Spinal Deformity and Spinal Injury with / without any associated neurological / limb dysfunction, ASD (M) = Autism Spectrum Disorder (Mild), MI = Mental Illness, MD = Multiple Disabilities.

(2) PwBD candidates may belong to any category (i.e. General/SC/ST/OBC/EWSs). Reservation for PwBD is horizontal and within the overall vacancies for the posts subject to the posts having been identified suitable for such disabilities.

(3) PwBD candidates should possess a latest disability certificate issued by a Competent Authority as prescribed vide ‘The Rights of Persons with Disabilities Act, 2016’ (RPwD Act, 2016). Such certificate shall be subject to verification/re-verification, as may be decided by the Board/ Competent Authority.

Eligibility Criteria:

(i) Nationality: a candidate must be either:

1. a citizen of India, or
2. a subject of Nepal, or
3. a subject of Bhutan, or
4. a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or
5. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries viz. Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

A candidate in whose case a certificate of eligibility is necessary, may be admitted to the Interview but the offer of appointment may be given only after the necessary eligibility certificate has been issued to him/her by the Government of India.

(ii) Age: (as on June 01, 2023):

Maximum age indicated above is for General category candidates. Relaxation in upper age limit will be available as detailed below:

a) up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe if the posts are reserved for them;

b) up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates if the posts are reserved for them;

c) up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years of Military Service as on June 01, 2023 and have been released;

1. on completion of assignment (including those whose assignment is due to be completed within one year from June 01, 2023) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or
2. on account of physical disability attributable to Military Service; or
3. on invalidment.

d) up to a maximum of five years in the case of ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on June 01, 2023 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate that they can apply for civil employment and that they will be released on three months’ notice on selection from the date of receipt of offer of appointment.

e) Up to a maximum of 10 years in the case of Persons with Benchmark Disabilities. For SC/ST PwBD up to a maximum of 15 years and for OBC PwBD up to a maximum of 13 years, subject to reservation of vacancies under the respective post. Relaxation in upper age limit for PwBD will be subject to the posts having been identified suitable for such disabilities.

f) For eligible staff candidates, as per RBI circular CO.HRMD.No. G132/17000/05.01.01/2013-14 dated June 9, 2014, the relaxation in age limit is according to RBI circular CO.HRMD.No.G-75/5599/05.01.01/2013-2014 dated December 20, 2013.

• Note I: – Candidates belonging to the Scheduled Castes, the Scheduled Tribes and the Other Backward Classes who are also covered under clauses at para 2 (ii) c, d and e above, viz. those coming under the category of Ex-servicemen or PwBD will only be eligible for grant of cumulative age-relaxation.
• Note II: – The term Ex-servicemen will apply to the persons who are defined as Ex-servicemen in the Ex-servicemen (Re-employment in Civil Services and Posts) Rules, 1979, as amended from time to time.
• Note IlI: – The age concession under Para 2 (ii) c & d will not be admissible to Ex-servicemen and Commissioned Officers including ECOs/SSCOs, who are released on own request.
• Note IV: – Notwithstanding the provision of age relaxation for PwBD, a person with benchmark disability will be considered to be eligible for appointment only if he/she (after such physical examination as the Bank, may prescribe) is found to satisfy the requirements of physical and medical standards for the concerned Services/Posts to be allocated to the physically disabled candidates by the Bank.

(iii) Educational qualifications and work experience (as on June 01, 2023):

Note I: The candidate must hold a degree of any of Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be deemed as a University Under Section-3 of the University Grants Commission Act, 1956, or possess an equivalent qualification from a foreign university recognized by the Association of Indian Universities.

Note II: Candidates are required to produce up-to-date and full Experience Certificate, unambiguously indicating the i. nature of duties, ii. dates and duration of experience, iii. level/position, iv. responsibilities etc. issued by the employer/s. However, if the candidate is unable to submit an experience certificate on lines indicated above, any document unambiguously indicating the experience, nature of duties and the period claimed may be submitted and it would be considered on merit at the discretion of the Board and the decision of the Board shall be final.

Terms and Conditions:

(a) Nature and period of appointment: Appointment will be on full-time contract basis initially for a period of three years, extendable further, subject to a maximum tenure of five years. The contract will be terminable with a notice period of one month from either side. The performance of the contract appointees would be reviewed annually to decide on the continuance of the Contract

(b) Emoluments: – The annual compensation including the cost of housing payable for the above contract appointments will be as follows: –

Annual compensation as stated above are subject to applicable taxes.

(c) Leave: Contract appointees will be allowed leave at the rate of 30 days per calendar year (Leave to be calculated on pro-rata basis for any fractional period).

1. Contract appointees will be permitted to avail leave subject to administrative convenience of the Bank.
2. Un-availed leave at the end of a year will not be permitted to be carried forward.
3. Intervening holidays during the period of absence will be reckoned as leave.
4. Any absence beyond the above period may be treated as leave without pay.

(d) Travelling & Halting Allowances: The contract appointees will be entitled to TA / HA as admissible to the officers in the Bank of equivalent grade for official tour undertaken by them outside the headquarters.

(e) Residential Accommodation: During the period of contract appointment, Bank will not provide any residential accommodation to the contract appointees.

(f) Conduct, Discipline and Appeal: During the period of contract appointment, the contract appointees will be governed by the provision contained in the ‘Code of Conduct’ for contract employees in the Bank.

(g) Sodexo Coupons: During the period of contract appointment, the contract appointees, subject to their willingness, may be provided Sodexo Coupons for availing the Lounge facilities, at full cost.

(h) Mobile Phone facility: During the period of their contract appointment, Mobile Phone facility may be provided to the contract appointees depending on the tenure and nature of their assignment, subject to the discretion of the Bank. However, they will be provided with a handset only once during the entire period of their contract of minimum one year including extensions, if any. The cost of mobile handset and reimbursement of call charges would be corresponding to the grade in which they are appointed.

(i) Superannuation Benefits: The contract appointees will not be eligible for superannuation benefits.

(j) Dispensary: The contract appointees will be eligible for facility of the Dispensary at the office.

(k) Selection Process: Selection for the aforementioned posts will be through preliminary screening / shortlisting followed by interview.

(l) Placement: The Bank reserves the right to post the candidates at any centre within India.

(m) The contract appointees would require upgrading their knowledge and skills periodically.

(n) The contract appointment will be governed by the other terms and conditions as applicable to contract appointees.

Job Profile:

SCHEME OF SELECTION

Selection will be through preliminary screening / shortlisting by a Screening Committee followed by documents verification and interview. RBI Services Board reserves the right to limit the number of candidates commensurate with the number of vacancies called for Interview by enhancing the minimum educational qualifications/minimum work experience requirement as indicated above or through any other appropriate method. Hence, merely fulfilling the minimum requirements laid down for the post would not automatically entitle any candidate for interview. The decision of the Board in this respect shall be final. No correspondence will be entertained in this regard. Candidates shortlisted for Interview will be issued Interview Call letter from email id (documentsrbisb@rbi.org.in) and their candidature will be subject to submission and verification of documents submitted in support of their claim with regard to eligibility for age, category, qualification, experience, etc.

APPLICATION FEE AND INTIMATION CHARGES:

@ Fee/Intimation charges waiver is only for those employees of RBI (Staff Candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide its circulars CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013 and CO.HRMD.No. G132/17000/05.01.01/2013-14 dated June 9, 2014. Their status as staff candidate will be verified at the time of interview. In case they are not eligible to be treated as staff candidates (in terms of above referred HRMD circular), they are advised to indicate themselves as non-staff candidates and pay fees/ intimation charges as applicable to non-staff candidates.

• Note I: Applications without the prescribed Fee/ Intimation Charges shall be summarily rejected.
• Note II: Fee/ Intimation Charges once paid shall not be refunded under any circumstances nor can the fee be held in reserve for any other examination or selection.
• Note Ill: Fee/ Intimation Charges are required to be paid only in the manner prescribed in this advertisement.

HOW TO APPLY

a) Candidates are required to apply only online using the website www.rbi.org.in. No other means/mode of application will be accepted. Detailed instructions for filling up online applications are available at Appendix-I. The applicants are advised to submit only single application for one post; however, if due to any unavoidable situation, if he/she submits another/multiple applications for one post, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicant’s details, photograph, signature, fee etc. The applicants who are submitting multiple applications for one post should note that only the last completed applications with higher RID shall be entertained by the Board and fee paid against one RID shall not be adjusted against any other RID.

b) All candidates, whether already in Government Service, Government owned industrial undertakings or other similar organisations, whether in a permanent or temporary capacity or as work charged employees other than casual or daily rated employees or those serving under the Public Enterprises are required to submit an undertaking in the Online application that they have informed in writing to their Head of Office/Department that they have applied for the Post. Candidates should note that in case a communication is received from their employer by the Board withholding permission to the candidates applying for/appearing, their application will be liable to be rejected/candidature will be liable to be cancelled. At the time of joining, the recommended candidates will have to bring proper discharge certificates from their PSU/Government/Quasi -Government employer.

NOTE 1 Candidates are not required to submit along with their applications any certificate in support of their claims regarding Age, Educational Qualifications, Scheduled Castes/ Scheduled Tribes/Other Backward Classes and Physically disabled, EWSs etc. which will be verified at the time of the Interview only. Candidates belonging to the OBC category should have OBC (Non-creamy layer) certificate issued on or after April 01, 2023 but not later than the closing date of applications for the posts. For EWSs candidates, the Income and Asset certificate should be issued by a Competent Authority in the format as prescribed in DoPT Office Memorandum No.36039/1/2019-Estt(Res) dated January 31, 2019. The candidate may please note that they should be in possession of “Income and Assets Certificate” for the Financial Year 2022-23 and Valid for the Year 2023-24. The candidate should be in possession of requisite Income and Asset certificate in the prescribed format in support of his/her claim for availing reservation on/ before the closing date of applications for the posts.

In case they are not in possession of the said certificate on or before the closing date of online application, such EWS candidates should apply under “General (GEN)” category.

The candidates applying for the posts should ensure that they fulfil all the eligibility conditions for post applying for. Their admission for Interview will be purely provisional, subject to their satisfying the prescribed eligibility conditions. If, on verification at any time before or after Interview, it is found that they do not fulfil any of the eligibility conditions; their candidature for the post will be cancelled by the Board. If any of their claims is found to be incorrect, they may render themselves liable to disciplinary action by the Board. A candidate who is or has been declared by the Board to be guilty of:

(i) Obtaining support for his/her candidature by the following means, namely: –

1. offering illegal gratification to, or
2. applying pressure on, or
3. blackmailing, or threatening to blackmail any person connected with the recruitment, or

(ii) impersonating, or

(iii) procuring impersonation by any person, or

(iv) submitting fabricated documents or documents which have been tampered with, or

(v) making statements which are incorrect or false or suppressing material information, or

(vi) harassing or doing bodily harm to the staff employed by the Board for the conduct of their Interview, or

(vii) violating any of the instructions issued to candidates, or

(viii) attempting to commit or as the case may be abetting the Commission of all or any of the acts specified in the foregoing clauses; may in addition to rendering himself/herself liable to criminal prosecution, be liable to be disqualified by the Board for the post for which he/she is a candidate and/or to be debarred either permanently or for a specified period (i) by the Board from any examination or selection held by them; (ii) by the Bank from any employment under them; (iii) dismissal from service by the Bank if he / she is already in Bank’s employment; and (iv) if he/she is already in some other service, the Board writing to his/her employer for taking disciplinary action.

Provided that no penalty shall be imposed except after (i) giving the candidate an opportunity of making such representation, in writing as he/she may wish to make in that behalf; and (ii) taking the representation, if any, submitted by the candidate within the period allowed to him/her into consideration.

LAST DATE OF RECEIPT OF APPLICATIONS:

The Online Applications can be filled up to July 11, 2023 till 6:00 PM.

GENERAL INSTRUCTIONS:

1. Correspondence with the Board: The Board will not enter into any correspondence with the candidates about their candidature except in the following cases: The shortlisted candidates shall be issued an Interview Call Letter through email in advance before the commencement of the Interview.
2. Board does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of or for any other reason beyond the control of the Board.
3. Candidates are advised to keep their e-mail ID/mobile number alive for receiving Interview letters, etc. Candidates may check e-mails/SMS regularly. The Board does not send any communication through any other mode.
4. The posts are also open to the employees of RBI (Staff Candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide their circulars CO.HRMD.No.G-75/5599/05.01.01/2013-2014 dated December 20, 2013 and CO.HRMD.No. G132/17000/05.01.01/2013-14 dated June 9, 2014 and who apply Online within the closing date. Their status as staff candidate will be verified at the time of interview.
5. Any canvassing by or on behalf of the candidates or to bring political or other outside influence with regard to their selection/recruitment shall be considered as disqualification.
6. In all matters regarding eligibility, interviews, assessment, prescribing minimum qualifying standards for shortlisting of applications and interview, in relation to number of vacancies and communication of result, the Board’s decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard.
7. The eligibility for availing reservation against the vacancies reserved for the persons with Benchmark disabilities shall be the same as prescribed in “Rights of Persons with Disabilities (RPWD) Act 2016″ Provided further that the persons with Benchmark disabilities shall also be required to meet special eligibility criteria in terms of physical requirements/functional classification (abilities/disabilities) consistent with requirements prescribed.
8. A candidate will be eligible to get the benefit of community reservation only in case the particular caste to which the candidates belong is included in the list of reserved communities issued by the Central Government. If a candidate indicates in his/her application form that he/she belongs to General category but subsequently writes to the Board to change his/her category to a reserved one or vice-versa, such request shall not be entertained by the Board. Similar principle will be followed for PwBD categories also. In case of a candidate unfortunately becoming physically disabled during the course of the recruitment process, the candidate should produce valid document showing him/her acquiring a disability to the extent of 40% or more as defined under RPWD Act, 2016 to enable him/her to get the benefits of PwBD reservation.
9. Candidates seeking reservation/ relaxation benefits available for SC/ST/OBC/PwBD/Ex-servicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed. They should also be in possession of all the requisite certificates in the prescribed format in support of their claim as stipulated for such benefits and these certificates should be dated earlier than the due date (closing date) of the application.
10. Please note that corrigendum, if any, issued on the above advertisement, will be published only on the Bank’s website www.rbi.org.in
11. Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at Mumbai only.

NOTE: Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank’s website www.rbi.org.in