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Reserve Bank of India
4.6
based on 135 Reviews
Video summary
Company Overview
Associated Companies
Company Locations
Working at Reserve Bank of India
Company Summary
The organization regulates India's banking system, overseeing currency issuance and monetary policy to ensure price stability and economic growth.
Overall Rating
4.6/5
based on 135 reviews
21% above
industry average
Highly rated for
Work-life balance, Salary, Company culture
Work Policy
Work from office
93% employees reported
Monday to Friday
79% employees reported
Strict timing
65% employees reported
No travel
39% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
9 employees reported
Office cab/shuttle
7 employees reported
Cafeteria
6 employees reported
Professional degree assistance
6 employees reported
View all benefits
About Reserve Bank of India
Founded in1935 (90 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, India
Office Locations
Websiterbi.org.in
Primary Industry
Other Industries
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The Preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as:
"to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy, to maintain price stability while keeping in mind the objective of growth."
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.
Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.
Mission: To foster monetary and financial stability conducive to sustainable economic growth and to ensure the development of an efficient and inclusive financial system.
Vision: To pursue the public interest and common good as a leading central bank that is recognised for its credible, transparent and proactive policies.
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Brands of Reserve Bank of India
Reserve Bank Information Technology
3.6
• 134 reviews
IDRBT
3.9
• 30 reviews
Reserve Bank of India Ratings
based on 135 reviews
Overall Rating
4.6/5
How AmbitionBox ratings work?
5
98
4
26
3
4
2
4
1
3
Category Ratings
4.7
Work-life balance
4.6
Salary
4.5
Company culture
4.5
Job security
4.4
Work satisfaction
4.3
Skill development
4.0
Promotions
Reserve Bank of India is rated 4.6 out of 5 stars on AmbitionBox, based on 135 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Reserve Bank of India
based on 115 reviews
4.4
Rated by 22 Women
Rated 4.6 for Work-life balance and 4.5 for Salary
4.8
Rated by 93 Men
Rated 4.7 for Work-life balance and 4.7 for Salary
Work Policy at Reserve Bank of India
based on 13 reviews in last 6 months
Work from office
93%
Permanent work from home
7%
Reserve Bank of India Reviews
Top mentions in Reserve Bank of India Reviews
+ 5 more
Compare Reserve Bank of India with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.6/5 based on 135 reviews | 3.7/5 based on 88.8k reviews | 3.8/5 based on 3.8k reviews | 4.4/5 based on 1.8k reviews |
Highly Rated for | Work-life balance Salary Job security | Job security Work-life balance | Job security Salary | Work-life balance Salary Company culture |
Critically Rated for | No critically rated category | Promotions Salary Work satisfaction | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 93% employees reported | Work from office 80% employees reported | Work from office 82% employees reported | Work from office 45% employees reported |
Rating by Women Employees | 4.4 Good rated by 22 women | 3.8 Good rated by 25.7k women | 3.8 Good rated by 816 women | 4.2 Good rated by 259 women |
Rating by Men Employees | 4.8 Excellent rated by 93 men | 3.6 Good rated by 57.9k men | 3.8 Good rated by 2.7k men | 4.4 Good rated by 1.3k men |
Job security | 4.5 Good | 4.5 Good | 4.1 Good | 4.1 Good |
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Reserve Bank of India Salaries
Reserve Bank of India salaries have received with an average score of 4.6 out of 5 by 135 employees.
Research Intern
(22 salaries)
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₹3 L/yr - ₹8 L/yr
Assistant General Manager
(21 salaries)
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₹18 L/yr - ₹59.4 L/yr
Office Assistant
(15 salaries)
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₹4 L/yr - ₹9.4 L/yr
General Manager
(15 salaries)
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₹25.1 L/yr - ₹81.3 L/yr
Research Associate
(12 salaries)
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₹3 L/yr - ₹8 L/yr
Team Manager
(11 salaries)
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₹14 L/yr - ₹30 L/yr
Data Entry Operator
(9 salaries)
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₹1.5 L/yr - ₹2.8 L/yr
Chief General Manager
(8 salaries)
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₹34.8 L/yr - ₹60 L/yr
Assistant General Manager Administration
(8 salaries)
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₹18 L/yr - ₹36.5 L/yr
Officer
(8 salaries)
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₹13 L/yr - ₹26 L/yr
Reserve Bank of India Interview Questions
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Reserve Bank of India News
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NCLT Admits Aviom India Housing Finance Into insolvency Initiated By RBI
- The National Company Law Tribunal has admitted Aviom India Housing Finance into insolvency.
- Earlier this year, the Reserve Bank of India announced its plan to initiate insolvency proceedings against Aviom India Housing Finance.
- Aviom India Housing Finance has bank debt of Rs 1,400 crore and non-convertible debenture (NCD) borrowings worth Rs 400 crore.
- The company's net profit for the quarter ended June 2024 was Rs 2.97 crore, less than half of the previous quarter.
Bloomberg Quint | 20 Feb, 2025
Big depositors of fraud-hit NICB plan association to recover funds
- About 90% of NICB's eligible depositors with up to ₹5 lakh will be reimbursed by mid-May 2025 by RBI's deposit insurance arm.
- Deposits over ₹5 lakh face uncertainty as they are not covered by deposit insurance.
- An association called NICB Association has been formed to protect the interests of the remaining 10% of depositors.
- The RBI has taken control of NICB, superseding the Board of Directors, and appointed an Administrator and Committee of Advisors.
HinduBusinessLine | 20 Feb, 2025
Budget 2025 Prudently Balances Fiscal Consolidation And Growth: RBI Article
- The Union Budget presented by Finance Minister Nirmala Sitharaman "prudently manages" fiscal consolidation and growth objectives, an article by Reserve Bank staffers said on Wednesday.
- The article published in the RBI's monthly bulletin for February mentioned that the budget reaffirms the Centre's commitment to fiscal discipline and aims to foster inclusive and long-term economic growth.
- The budget focuses on four pillars of agriculture, small businesses, export sector, and investments to promote growth. It also articulates reforms in various sectors such as taxation, power, urban development, mining, financial sector, and regulatory frameworks.
- The Rs 1 lakh crore of tax relief provided to the middle class is expected to boost household disposable incomes and stimulate consumption.
Bloomberg Quint | 20 Feb, 2025
RBI Nowcasts Q4 GDP Growth At 6.6% Amid Pick-Up In Economic Activity
- The Indian economy is regaining its growth momentum driven by recovery in consumption demand and overall investment.
- The economic activity index indicates that "activity sustained its pace in January" and the GDP nowcast for March quarter is placed at 6.6%.
- High frequency indicators point towards a "sequential pick-up in momentum of economic activity" during the second half of fiscal 2025.
- The RBI is of the view that the Union Budget 2025-26 prudently balances fiscal consolidation and growth objectives by continued focus on capex alongside measures to boost household incomes and consumption.
Bloomberg Quint | 19 Feb, 2025
RBI launches ‘RBIDATA’ mobile app for easy access to inflation, GDP, and key economic data
- The Reserve Bank of India has launched a mobile application called 'RBIDATA' for easy access to key economic data.
- The app provides more than 11,000 series of economic data, time series charts, and direct downloads.
- It aims to help researchers, students, and the general public stay up-to-date with inflation, GDP, and other economic trends.
- RBIDATA also offers enhanced search features and a banking outlet locator within a 20-kilometer radius.
ISN | 19 Feb, 2025
RBI Launches App Offering Indian Economy Data In User-Friendly, Visually Engaging Format
- Reserve Bank of India (RBI) has launched a new mobile application called 'RBIDATA' to provide access to more than 11,000 different series of economic data.
- The app offers macroeconomic and financial statistics relating to the Indian economy in a user-friendly and visually engaging format.
- Users can view time series data in graphs/charts, download data for analysis, and find banking facilities within 20 kilometers of their location.
- The app aims to serve researchers, students, and the general public by providing quick access to the Database on the Indian Economy (DBIE).
Bloomberg Quint | 19 Feb, 2025
RBI Fixes Price For Premature Redemption Of Sovereign Gold Bonds 2019-20 Series IX; Details Here
- The Reserve Bank of India (RBI) has set the price for premature redemption of the Sovereign Gold Bond (SGB) 2019-20 Series III at Rs 8,536 per unit.
- Premature redemption of SGBs is permitted after the fifth year from the issue date, aligning with the interest payment schedule.
- Redemption price is based on the simple average of the closing gold price of 999 purity of the previous three business days from the date of redemption.
- Early redemption of SGBs provides flexibility and enables investors to access their funds when needed.
Bloomberg Quint | 18 Feb, 2025
Rupee Ends Weaker Against Dollar As FPI Selling Continues
- The Indian rupee weakened by seven paise to close at 86.95 against the US dollar.
- The rupee had opened five paise weaker at 86.93 against the dollar.
- The depreciation of the rupee is attributed to the continued sell-off of equities by foreign portfolio investors.
- The support provided by the Reserve Bank of India to the rupee is tapering off slowly.
Bloomberg Quint | 18 Feb, 2025
NICB collapse: RBI’s SK Marathe calls for urgent action on dynastic control in UCBs
- The collapse of the New India Cooperative Bank (NICB) has highlighted issues of dynastic control, debased work culture, and absence of checks and balances.
- RBI's SK Marathe attributes the bank's collapse to the dysfunctional Board of Management (BoM) and the lack of vigilance from shareholders.
- NICB has been subjected to RBI's directions, prohibiting loan grants, investments, and incurring liabilities without prior approval.
- The RBI has superseded the NICB's Board of Directors, replacing them with an Administrator and a Committee of Advisors to manage the bank for a year.
HinduBusinessLine | 18 Feb, 2025
Indian Rupee likely to trade at 86.5-87.5 per dollar, with limited RBI intervention: BoB Report
- The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in the near term, with limited intervention from the Reserve Bank of India (RBI).
- The RBI's intervention in the forex market may remain limited due to tight domestic liquidity conditions.
- The Rupee witnessed a record low of 87.58 per dollar on February 6, 2025 but has made a steady recovery in recent weeks.
- The Rupee's movement will be influenced by factors such as global tariff war, US Federal Reserve's policy stance, and domestic economic conditions.
HinduBusinessLine | 18 Feb, 2025
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Reserve Bank of India Subsidiaries
Indian Financial Technology And Alliedservices
3.4
• 40 reviews
Bharatiya Reserve Bank Note Mudran
3.4
• 12 reviews
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Reserve Bank of India FAQs
When was Reserve Bank of India founded?
Reserve Bank of India was founded in 1935. The company has been operating for 90 years primarily in the Banking sector.
Where is the Reserve Bank of India headquarters located?
Reserve Bank of India is headquartered in Mumbai. It operates in 11 cities such as Mumbai, New Delhi, Bangalore / Bengaluru, Kolkata, Kanpur. To explore all the office locations, visit Reserve Bank of India locations.
How many employees does Reserve Bank of India have in India?
Reserve Bank of India currently has more than 12,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Reserve Bank of India based on the number of reviews submitted on AmbitionBox.
Does Reserve Bank of India have good work-life balance?
Reserve Bank of India has a work-life balance rating of 4.7 out of 5 based on 100+ employee reviews on AmbitionBox. 92% employees rated Reserve Bank of India 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Reserve Bank of India work-life balance reviews for more details
Is Reserve Bank of India good for career growth?
Career growth at Reserve Bank of India is highly regarded, with promotions and appraisal rating of 4.0. 92% employees rated Reserve Bank of India 4 or above on promotions/appraisal indicating that a significant portion of employees are satisfied with career growth opportunities. We recommend reading Reserve Bank of India promotions/appraisals reviews for more detailed insights.
What are the pros of working in Reserve Bank of India?
Working at Reserve Bank of India offers several advantages that make it an appealing place for employees. The company is highly rated for work life balance, salary & benefits and company culture, based on 100+ employee reviews on AmbitionBox.
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