iimguy SaysSeriously, where are you getting this information from?
plz visit the following site Placement Reports | Faculty of Management Studies
and look in finance section.....u will have ur doubts cleared
plz visit the following site Placement Reports | Faculty of Management Studies
and look in finance section.....u will have ur doubts cleared
iimguy SaysSeriously, where are you getting this information from?
Dude Its a fact that RBI is visiting various B Schools for campus placement...and the response has been very encouraging...therefore the Bank has decided that it may visit a few other B schools also....
can any1 provide wid d link of last 5 yrs papers?
From where should one study GK?
cool_ank SaysDude Its a fact that RBI is visiting various B Schools for campus placement...and the response has been very encouraging...therefore the Bank has decided that it may visit a few other B schools also....
Not that (Infact, I am fully aware of it). Atleast read what I quoted. :)
I dont think that anyone would have a doubt on the fact that getting selected in RBI is no lesser than getting selected in civil services exam
even students having placement offers in big daddy's of investment banking opt for rbi.
Ps Two of my friends from an IIM got placed with RBI last November (on campus), so yes its true. But again, I am asking about the other two claims (mentioned above).
iimguy SaysNot that (Infact, I am fully aware of it). Atleast read what I quoted. :)
I shud have read...However i dont agree that getting selected in RBI is as big as Civil Services...otherwise there would not have been such a high attrition rate in the Bank since most of the Grade B DRs who make it into civil services leave the Bank.
iimguy SaysSeriously, where are you getting this information from?
Yes , RBI is a dream company for any finance MBA student.
BruceWayne2010 SaysRBI recruits about 20-25 candidates from the Top B schools like IIMs , FMS , XLRI etc. From this year onwards they would be visiting even more no. of campuses....I happen to know this bcos I am currently studying at one of the above mentioned colleges.....
RBI visited MDI and IMT this year . It took 2 from IMT
Its true that last year RBI recruited 5 from FMS (from 2 courses MBA and MBA-MS) as mentioned in the placement report
P.S. I am a FMS MBA 2013 student
does rbi recruit from jbims mumbai.....
also when are the grade b results coming....
does rbi recruit from jbims mumbai.....
also when are the grade b results coming....
Next week or the week after that...
Source : Reserve Bank of India Services Board
Next week or the week after that...
Source : Reserve Bank of India Services Board
any idea about rbi recruiting from jbims mumbai........
Hey Guys,
Amidst this talk about RBI being recruiting from elite B-schools, I would like to share some information which I received from a senior RBI employee.
Yes, RBI has started recruiting from some B-schools and the names has rightfully being mentioned in the previous posts. Apart from the B-schools RBI also visited IIT Kanpur last year and selected 2 students(UGs). For now, it seems that they will choose more colleges(B-school as well as IITs and peers) for recruitment.
As per the news for now RBI has decided to adopt different policies for treatment of directly recruited and Grade-B exam qualifying officers. The difference will be in terms of compensation and facilities offered. Those qualifying the Grade B exam will receive lower base salaries but all the facilities(housing, scholarship, food allowance, vehicle allowance etc.) will be offered to them separately.
As for the college recruitment they will offer the compensation given on campus as the complete in-hand salary and apart from that only food coupons will be provided to these officers.
Apart from this difference there is no news of any other differential treatment.
I hope this will clear some air.
PG
I want to know about the transfer policy of RBI?
Are the employees of RBI being frequently transferred to different branches of RBI or they can stay at one branch of their choice?
I want to know about the transfer policy of RBI?
Are the employees of RBI being frequently transferred to different branches of RBI or they can stay at one branch of their choice?
As a matter of policy the employees are transferred every 5 years to Regional offices or central office..
Hey Guys,
Amidst this talk about RBI being recruiting from elite B-schools, I would like to share some information which I received from a senior RBI employee.
Yes, RBI has started recruiting from some B-schools and the names has rightfully being mentioned in the previous posts. Apart from the B-schools RBI also visited IIT Kanpur last year and selected 2 students(UGs). For now, it seems that they will choose more colleges(B-school as well as IITs and peers) for recruitment.
As per the news for now RBI has decided to adopt different policies for treatment of directly recruited and Grade-B exam qualifying officers. The difference will be in terms of compensation and facilities offered. Those qualifying the Grade B exam will receive lower base salaries but all the facilities(housing, scholarship, food allowance, vehicle allowance etc.) will be offered to them separately.
As for the college recruitment they will offer the compensation given on campus as the complete in-hand salary and apart from that only food coupons will be provided to these officers.
Apart from this difference there is no news of any other differential treatment.
I hope this will clear some air.
PG
what do you mean by lower base salary ...acc to Grade B notification gross salary is 38k of which i think 36k will be take home...so what will be the gross for mba grads from colleges.....
skctee Sayswhat do you mean by lower base salary ...acc to Grade B notification gross salary is 38k of which i think 36k will be take home...so what will be the gross for mba grads from colleges.....
See a Grade B DR gets an in hand salary of 36K which includes basic pay, DA, HRA etc and after deducting PF and Tax. However there are many allowances and perks like Telephone allowance, Newspaper allowance, servant allowance, Vehical allowance Book Grant, LFC, house furnishing, Advances at nominal rates, Accommodation in staff quarter or lease, expenses for furnishing of residence medical allowances, Food coupons etc etc. Hence the CTC for a Grade B DR including the cost of housing in Mumbai works out to be around 10 lakhs.
However Grade Bs recruited from various B schools wont be eligible for all the above stated perks and facilities excluding Food coupons instead they would be getting Rs. 10 lakh in the form of salary i.e. they must be getting approx 70-75K as in hand salary after the deducting tax. However they wont get any facility except food coupons.
does anyone know the yearly increments in salary in RBI?
and What are the chances of promotion ?
does anyone know the yearly increments in salary in RBI?
and What are the chances of promotion ?
very tough
as in hierarchy Number of post decreases very sharply....
(only grade A and B has plenty of job/seats as compared to top management)...
seniority is not a criterion. your performance,track record will make yr path for success/promotion.....
Its more or less a horizontal organisation....
guys a small query
when will be the next time rbi exam is going to be conducted....
i didn't applied for 18th december exam....
kindly throw some light on it...if possible...
See a Grade B DR gets an in hand salary of 36K which includes basic pay, DA, HRA etc and after deducting PF and Tax. However there are many allowances and perks like Telephone allowance, Newspaper allowance, servant allowance, Vehical allowance Book Grant, LFC, house furnishing, Advances at nominal rates, Accommodation in staff quarter or lease, expenses for furnishing of residence medical allowances, Food coupons etc etc. Hence the CTC for a Grade B DR including the cost of housing in Mumbai works out to be around 10 lakhs.
However Grade Bs recruited from various B schools wont be eligible for all the above stated perks and facilities excluding Food coupons instead they would be getting Rs. 10 lakh in the form of salary i.e. they must be getting approx 70-75K as in hand salary after the deducting tax. However they wont get any facility except food coupons.
Do u mean ,those recruited from B schools will never get the accomodation facility provided by RBI?