PhDs in Grade ‘B’ for Research – Reserve Bank of India Services Board, Mumbai

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No of Post :
3

Age (as on 01/07/2017):
The applicant should be below 34 years of age.

Educational Qualifications (to be completed as on July 01, 2017):
Ph.D. in areas of Economics or Finance from reputed universities (Indian or Foreign) is the minimum required educational qualification. The Bank will also look at those with interest and expertise in related areas in econometrics, computational and theoretical economics. High quality research potential and communication skills of international standards are essential.

Job Profile:
Specific areas of our research interest include Monetary economics, e-banking and financial institutions, central banking, corporate finance, financial markets, financial regulation, financial stability, household finance, liquidity, payment systems and related areas of macro finance such as realâ€�financial sector linkages and international economics and finance. Candidates will be expected to do policy oriented research to assist in RBI’s economic policy formulation. Candidates should have the ability, background, and motivation to conduct quality research independently and also help develop a vibrant research environment. Candidates will also be expected to conduct high quality original research directed at the top economics and finance journals.

Pay scale:
Selected Candidates will draw a basic pay of Rs.43,900/- p.m. (four advance increments to candidates in the basic pay) in the scale of Rs.35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 applicable to Officers in Grade ‘B’. They will also be eligible for Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, Special Allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately Rs.81,628/-.

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