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The Reserve Bank of India (RBI) has announced an invitation for applications for the position of Deputy Governor. The notification outlines specific qualifications, age limits, salary details, term of office, and application submission guidelines for prospective candidates. Here are all the details-

Qualifications and Experience:

The RBI has specified three primary qualifications for applicants:

  1. Public Administration Experience: Candidates must have at least 25 years of work experience in Public Administration, including experience at the level of Secretary or an equivalent position within the Government of India.
  2. Financial Institutions Experience: Candidates with at least 25 years of work experience in either Indian or international public financial institutions are also eligible to apply.
  3. Exceptional Merit and Track Record: Alternatively, individuals with an exceptional record at the national or international level in relevant fields may also be considered.

Age Limit:Applicants must be no older than 60 years as of January 15, 2025.

Salary and Allowances:

The Deputy Governor position carries a pay scale of INR 2,25,000, designated at Level 17.

Term of Office:

The appointment will initially be for a term of three years. The selected individual will be eligible for reappointment upon the end of this term, subject to evaluation.

How to apply?

1) Prepare Required Documents:

  • Curriculum Vitae (CV)
  • One recent passport-size photograph
  • Contact details of three professional references

2) Access the Application Format:

  • Download the prescribed application format from either of the following websites:

3) Complete the Application:

  • Fill in the application form as per the prescribed format.
  • Attach your CV, photograph, and reference details.

4) Submit the Application:

  • Send the complete application package to the following address:

    Shri Sanjay Kumar Mishra
    Under Secretary (B.O.I)
    Department of Financial Services
    Ministry of Finance, 2nd Floor, Jeevan Deep Building,
    Parliament Street, New Delhi – 110 001
    Contact: Tel: 011-23747189, Email: bo1@nic.in

5) Applications must be submitted within the deadline:

  • All applications must be received by November 30, 2024.

The Ministry of Finance has clarified that the Department of Financial Services will not be responsible for delays or non-receipt of applications. The Financial Sector Regulatory Appointments Search Committee (FSRASC) holds the authority to identify and recommend candidates outside of the applicant pool based on merit.

The FSRASC may also provide recommendations for relaxing eligibility criteria in cases of outstanding candidates.

  • Published On Nov 4, 2024 at 10:58 AM IST

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