The Reserve Bank of India (RBI) has issued a call for applications to fill positions for Young Professionals (YPs) across multiple departments at its Central Office in Mumbai. Eligible candidates are required to submit their applications via email no later than July 6, 2026.
Specialized Areas of Recruitment
This recruitment drive encompasses a range of specialized domains, including artificial intelligence, quantum technology, climate risk and sustainable finance, payment systems, financial markets, data analytics, policy research, and supervision.
Salary and Tenure Details
Selected candidates will receive a fixed monthly stipend of ₹1.5 lakh. The engagement is on a full-time contractual basis. The initial contract spans three years, with a possible extension based on performance and mutual agreement. However, the total tenure cannot exceed five years.
The RBI has clarified that Young Professionals will not be considered regular employees of the central bank and will not be entitled to additional allowances or benefits.
Eligibility Criteria
Educational qualifications vary by position. Candidates with postgraduate degrees, professional certifications, engineering degrees, or research backgrounds in relevant fields are eligible. Available roles include:
- Young Professional – Policy Analytics
- Young Professional – Climate Change Risk and Sustainable Finance
- Young Professional – Credit Risk Analytics and Regulatory Policy
- Young Professional – Payment Ecosystem
- Young Professional – Policy and Research in Domestic and Cross-Border Payment Systems
- Young Professional – Policy and Research
- Young Professional – Artificial Intelligence
- Young Professional – Quantum Technology
- Young Professional – Data Analysis
- Young Professional – Financial Markets
- Young Professional – Data Analytics and Policy Research
All selected candidates will be posted in Mumbai.
Application Process
Candidates must send a scanned copy of the prescribed application form along with required documents via email to yphrmdco@rbi.org.in. The application should include:
- Curriculum Vitae (CV)
- Academic certificates and qualification documents
- Statement of interest
- Sample of academic or policy writing
- Recommendation or reference letter from a professional referee
Applicants wishing to apply for multiple posts must submit separate applications for each position.
Selection Procedure
The selection process involves:
- Preliminary screening and shortlisting
- Document verification
- Personal interview
Shortlisted candidates will receive interview call letters via email only.
Important Notes
Candidates must ensure all required documents are submitted in the prescribed format. Incomplete applications or those received after the deadline will not be considered. The RBI advises applicants to carefully check eligibility requirements for the desired post before applying. The last date for submission is July 6, 2026.
