Reserve Bank of India Services Board has invited applications for the recruitment of Executive Interns on contract basis. Total number of vacancies offered is 200 out of which 30 is reserved for Scheduled Castes, 15 posts are reserved for Scheduled Tribes, 54 posts are reserved for Other Backward Castes, 6 posts are reserved for Persons with Physical Disability and only 101 posts are available for open category candidates.
Education: Graduation from a recognized university with first division and Certificate in Information Technology.
Age: Candidate should be born between 2nd July 1980 and 1st July 1989.
Note: There is relaxation in age and educational marks for reserved category candidates according to the rules of RBI.
Application Fee: Bank Draft of Rs. 100 in favour of Reserve Bank of India, payable at Mumbai. Candidates belonging to SC, ST , PWD categories are not required to pay any fee.
Contract Period: 3 years.
Salary / Compensation: Â Rs. 5 Lakh in first year, Rs. 550000 in second year and Rs. 6 lakhs in third year.Â
How to Apply: candidates can apply online from the website- www.online.rbi.org.in. The last date of sending the online application is 23rd August 2010. Candidates can apply offline as well. The application and official notification can be  downloaded from the website of RBI www.rbi.org.in.
I am Sonia from Delhi, I think Reserve Bank Of India has no control on the Private Banks, when RBI increases the rate of interest then on the very next day all the bank will increases the rate of interest and when the RBI decreases the rate of interest, no bank will decrease the rate of interest, and when you see the RBI notification about ATM transaction failure, RBI clearly mentioned that within 12 days banks should redeposit the amount on the account else bank will pay 100/- per day as a fine, I am sure 99% of customer don’t know this rule, banks are playing with the customers innocence, I searched on the internet and found some case of locker theft, I also faced the same issue but even after complaining to the Banking ombudsman, I didn’t get even a single mail or a phone call,after wasting my time I got to know that I need to knock the Consumer Forum, but how a service person can go to Court, every one knows that Court will take too much of time either it is Consumer Court, I searched many judgments against Banks and even against Insurance company at , if the customers need to knock the door of consumer court then why the RBI and IRDA is mum, why they are not taking any step against the bank, the current rate of interest of the Govt. bank is very low but when you approached them for the loan they will clearly deny it, so customer need to go for the private banks, here he has to pay high interest rates and high hidden charges, why RBI is not monitoring all of this issue. This is a very common problem and we should raise our voice against this, I suggest the entire internet user to write blog, post comment, talk about the monopoly of Bank and private insurance company I think this is the only way to shake the RBI.