RBI Grade B 2027: Notification in February, Phase-I in April, Complete Guide to General, DEPR and DSIM
RBI Grade B 2027 will be notified in February 2027, with Phase-I in April 2027 and Phase-II in May/June 2027, according to RBI's tentative recruitment calendar (as on 22.10.2026). It recruits Officers in Grade 'B' in three cadres: General, DEPR and DSIM. Based on the 2026 cycle, expect an age limit of 21 to 30 years, a starting basic pay of ₹78,450 and selection through Phase-I, Phase-II and a 75-mark interview. The 2026 cycle had 60 posts.
RBI Grade B 2027 tentative schedule (RBI recruitment calendar, as on 22.10.2026, for Officers in Grade 'B' (DR) General/DEPR/DSIM)
| Stage | Month |
|---|---|
| Notification (online application opens) | February 2027 |
| Phase-I examination | April 2027 |
| Phase-II examination | May / June 2027 |
| Interview and final result | After Phase-II results (dates to be announced) |
These are month-level tentative dates. Exact dates for each cadre and paper will be in the February 2027 notification and the admit cards. The 2027 cycle runs about two months earlier than 2026.
RBI Grade B 2027: Overview
| Particular | Details |
|---|---|
| Recruiting body | Reserve Bank of India Services Board (RBISB), Mumbai |
| Post | Officers in Grade 'B' (Direct Recruit) (On Probation), Panel Year 2027 |
| Cadres | General, DEPR (Department of Economic and Policy Research), DSIM (Department of Statistics and Information Management) |
| Notification | February 2027 (tentative) |
| Phase-I exam | April 2027 (tentative) |
| Phase-II exam | May / June 2027 (tentative) |
| Vacancies 2027 | To be announced in the notification (PY 2026: 60) |
| Selection process | Phase-I, Phase-II and Interview (75 marks) |
| Starting basic pay (PY 2026) | ₹78,450 per month; gross about ₹1,54,936 without HRA |
| Official website | rbi.org.in (Opportunities@RBI) |
RBI Grade B 2027 Exam Date vs 2026: What Changed
| Stage | 2026 cycle (actual) | 2027 cycle (tentative) |
|---|---|---|
| Notification | 29 April 2026 | February 2027 |
| Application closes | 20 May 2026 | Expected in Feb/Mar 2027 |
| Phase-I | 13 June (General), 14 June (DEPR/DSIM) 2026 | April 2027 |
| Phase-II | 25 July (General), 26 July (DEPR/DSIM) 2026 | May / June 2027 |
| Phase-II result | August 2026 | Expected June/July 2027 |
The 2027 exam moves about two months earlier than 2026. From today (late October 2026) you have roughly 5 months to Phase-I and 6 to 7 months to Phase-II. With Phase-II only 4 to 8 weeks after Phase-I, you cannot leave Phase-II preparation until after the Phase-I result. Start both tracks together.
Which RBI Grade B 2027 Cadre Is Right for You?
All three cadres lead to the same Grade 'B' officer rank and pay scale, but they test very different skills. Pick the one that matches your degree, then open its detailed guide.
RBI Grade B General 2027
Graduates of any discipline with 60% (or PG with 55%). Phase-I GA, English, Quant and Reasoning; Phase-II Economic & Social Issues, English writing and Finance & Management.
RBI Grade B DEPR 2027
MA/MSc in Economics or Finance (principal constituent) with 55%. Four papers: objective and descriptive economics plus English. A research and policy role.
RBI Grade B DSIM 2027
Master's in Statistics, Maths, Econometrics, Data Science, AI or ML (55%) or a 4-year Bachelor's (60%). PG-level statistics, ML and database syllabus.
RBI Grade B Vacancy 2027 (Expected) and Previous Year Breakup
RBI will announce 2027 vacancies with the February 2027 notification. For reference, the PY 2026 breakup was:
| Cadre (PY 2026) | UR | EWS | OBC | SC | ST | Total | PwBD (within total) |
|---|---|---|---|---|---|---|---|
| General | 16 | 4 | 9 | 7 | 4 | 40 | C: 1, D: 1 |
| DEPR | 4 | 1 | 1 | 3 | 1 | 10 | Nil |
| DSIM | 4 | 1 | 4 | 1 | 0 | 10 | A: 1 |
| Total | 24 | 6 | 14 | 11 | 5 | 60 | A: 1, C: 1, D: 1 |
RBI Grade B 2027 Eligibility (Based on PY 2026)
Nationality: citizen of India, a subject of Nepal or Bhutan, a Tibetan refugee who came before 1 January 1962, or a person of Indian origin who migrated from specified countries to settle permanently in India (the last four need a Government of India eligibility certificate).
| Cadre | Minimum qualification | Minimum marks (Gen/OBC/EWS) | SC/ST/PwBD |
|---|---|---|---|
| General | Graduation in any discipline (3+ years after Class XII) or Post-Graduation in any discipline | 60% in graduation or 55% in PG (aggregate of all semesters) | 50% in graduation or pass marks in PG |
| DEPR | MA/MSc in Economics or allied, or MA/MSc in Finance or allied, where Economics/Finance makes up at least half of all courses | 55% | 50% |
| DSIM | Master's in Statistics, Maths, Econometrics, Informatics or in Data Science, AI, ML, Big Data Analytics or a 4-year Bachelor's in these | 55% (Master's) or 60% (4-year Bachelor's) | 50% |
CGPA conversion (PY 2026): where the university gives no formula, 6.75 = 60%, 6.25 = 55%, 5.75 = 50% on a 10-point scale. Attempts: GEN/EWS candidates who have already appeared six times in Phase-I are not eligible; there is no limit for SC/ST/OBC/PwBD where posts are reserved for them.
RBI Grade B Age Limit 2027 (Expected)
Age limit: In the 2026 cycle candidates had to be 21 to 30 years old on 01 April 2026 (born 02 April 1996 to 01 April 2005). If RBI keeps the same rule for 2027, the cut-off date would be 01 April 2027, meaning born between 02 April 1997 and 01 April 2006. This is our projection; confirm it in the February 2027 notification.
| Category (PY 2026 rules) | Upper age relaxation |
|---|---|
| SC / ST | 5 years |
| OBC (Non-Creamy Layer) | 3 years |
| PwBD (Gen/EWS / OBC / SC-ST) | 10 / 13 / 15 years |
| Ex-servicemen, ECOs/SSCOs (5 years' service) | 5 years |
| Ex-employees of banks closed for economy/liquidation | 5 years |
| M.Phil / Ph.D holders | Upper limit 32 / 34 years |
| Officers in SCBs, public sector insurers, AIFIs, or prior RBI experience | Years of experience, max 3 (upper limit capped at 33) |
| DEPR/DSIM: Master's with research or teaching experience | Years of experience, max 3 |
RBI Grade B Exam Pattern 2027: Cadre Comparison
As per PY 2026. RBI has kept this structure for several cycles; any change will be in the 2027 notification.
| Stage | General | DEPR | DSIM |
|---|---|---|---|
| Phase-I (April 2027) | One objective paper, 200 marks, 120 min (GA, English, Quant, Reasoning, sectional timing) | Paper I: Objective Economics (100, 120 min) Paper II: English descriptive, typed (100, 120 min) | Paper I: Objective Statistics (100, 120 min) |
| Phase-II (May/June 2027) | Paper I: Economic & Social Issues (100) Paper II: English Writing (100) Paper III: Finance & Management (100) | Paper I: Descriptive Economics, micro and macro (100, 120 min) Paper II: Descriptive Economics, quant methods and Indian economy (100, 120 min) | Paper II: Descriptive Statistics (100, 180 min) Paper III: English descriptive, typed (100, 90 min) |
| Interview | 75 marks | 75 marks | 75 marks |
| Final merit based on | Phase-II + Interview | Phase-I + Phase-II + Interview | Paper I + II + III + Interview |
| Answer mode (descriptive) | Typed on keyboard (Hindi via Inscript or Remington GAIL allowed) | Phase-II written on paper (question on screen) | Paper II written on paper (on-screen calculator) |
All candidates also undergo a non-scored Personality Assessment before the interview. Interviews can be taken in Hindi or English.
RBI Grade B Salary 2027
| Component | Details (PY 2026) |
|---|---|
| Starting basic pay | ₹78,450 per month |
| Pay scale | ₹78450-4050(9)-114900-EB-4050(2)-123000-4650(4)-141600 (16 years) |
| Initial gross (without HRA) | About ₹1,54,936 per month |
| HRA | 15% of pay if bank accommodation is not provided |
| Allowances | Special, Grade, Dearness, Local Compensatory, Special Grade, Learning |
| Advance increments | Up to 4, at RBI's discretion, for high qualifications or relevant experience |
| Pension | Defined contribution NPS plus gratuity |
Perquisites include bank accommodation (subject to availability), vehicle maintenance reimbursement, Knowledge Updation Allowance, furnishing allowance, medical facilities, Leave Fare Concession and concessional loans for housing, vehicle, education and computers. Gross pay in 2027 may be higher because dearness allowance is revised over time.
RBI Grade B Application Fee 2027 (Expected)
| Category | Fee (PY 2026) |
|---|---|
| GEN / OBC / EWS | ₹850 + 18% GST |
| SC / ST / PwBD | ₹100 + 18% GST (intimation charges) |
| Eligible RBI staff | Nil |
Documents to Arrange Before February 2027
A notification in February with a short application window leaves little time for certificates. Arrange these now:
- OBC (NCL) or EWS certificate for the correct financial year. In 2026 these had to be issued for the right year and dated on or before the application closing date.
- All semester marksheets and a degree or provisional certificate, plus your university's CGPA-to-percentage formula if you have one.
- A PwBD certificate if applicable, and ex-servicemen documents if applicable.
- A recent photo, signature, left thumb impression and a handwritten English declaration, scanned to RBI's specification. Signatures in capital letters were rejected in 2026.
RBI Grade B 2027 Preparation Timeline (Nov 2026 to June 2027)
| Window | General | DEPR / DSIM |
|---|---|---|
| Nov to Dec 2026 | Quant, Reasoning and English basics; static ESI (growth, development, social issues) | Full revision of the PG core: micro and macro (DEPR), probability, inference and linear models (DSIM) |
| Jan 2027 | Finance & Management theory; accounting ratios; RBI functions | Econometrics and Indian economy (DEPR); time series, ML and SQL (DSIM) |
| Feb 2027 (notification) | Apply early; Union Budget and Economic Survey notes | Apply; start handwritten descriptive practice |
| Mar 2027 | Phase-I full mocks daily; typed ESI/FM answers twice a week | Objective mocks; weekly English essay |
| Apr 2027 (Phase-I) | Exam; then go straight into Phase-II | Exam; then descriptive papers |
| May / June 2027 (Phase-II) | Typed full-length Phase-II mocks; current affairs revision | Timed descriptive mocks; formula and derivation revision |
- Read RBI primary sources: the RBI Annual Report, Report on Trend and Progress of Banking, Monetary Policy Statements, Economic Survey and Union Budget 2027-28 (due 1 February 2027, just before the notification).
- Practise typing answers: General Phase-II and the English papers for DEPR/DSIM are typed.
- Write timed mocks every week: in General Phase-II you attempt 4 of 6 descriptive questions in ESI and FM.
Start RBI Grade B 2027 preparation now
With Phase-I in April 2027, you have about 5 months. Get mock tests, topic notes and descriptive-answer practice built by Piyush Wairale (IIT Madras), mentor to 20,000+ students.
Explore Test Series & NotesRBI Grade B 2027: Frequently Asked Questions
When will the RBI Grade B 2027 notification be released?
In February 2027, according to RBI's tentative recruitment calendar (as on 22.10.2026) for Officers in Grade 'B' (DR) General/DEPR/DSIM.
What is the RBI Grade B 2027 exam date?
Phase-I is scheduled for April 2027 and Phase-II for May/June 2027 (tentative). Exact dates will be in the notification and admit cards.
How many vacancies will RBI Grade B 2027 have?
RBI will announce 2027 vacancies in the February 2027 notification. The 2026 cycle had 60: 40 General, 10 DEPR and 10 DSIM.
What is the age limit for RBI Grade B 2027?
In 2026 it was 21 to 30 years as on 01 April 2026. If the same rule applies, candidates for 2027 would need to be born between 02 April 1997 and 01 April 2006, with relaxations for reserved categories, PwBD, M.Phil/Ph.D holders and experienced officers.
What is the salary of an RBI Grade B officer?
As per the 2026 notification, the starting basic pay is ₹78,450 with initial gross emoluments of about ₹1,54,936 per month without HRA. HRA of 15% of pay is paid if bank accommodation is not provided.
Is RBI Grade B 2027 earlier than 2026?
Yes. In 2026 the notification came in April and Phase-I was in June. For 2027 the notification is planned for February and Phase-I for April, about two months earlier.
Can I apply for both RBI Grade B DEPR and DSIM?
In the 2026 cycle you could apply for only one of DEPR or DSIM, plus the General cadre through a separate application. Check the 2027 notification for any change.
How many months do I have to prepare for RBI Grade B 2027?
From late October 2026 there are roughly 5 months to Phase-I (April 2027) and 6 to 7 months to Phase-II (May/June 2027).