Roles You Could Play at the RBI

Domestic students

Role of Institutions
Reputed Institutes / Colleges located in India offering Masters Degree in Business Management (MBA/MMS) / Economics / Econometrics / Finance / Banking / Law (five year programme) may forward the applications of eligible / interested students to the respective "Control Office of Reserve Bank of India" as given below with the recommendations in the prescribed form.

Sr. No.	States	Control Office	Centre
1	Maharashtra, Goa, Daman & Diu and Dadara & Nagar Haveli	Reserve Bank of India Human Resource Management Department (Training & Development Division), Central Office, Amar Building, 3rd Floor, Fort, Mumbai – 400 001 email	Mumbai
2	Gujarat	Reserve Bank of India P.B.No.1, Ashram Road Ahmedabad – 380 014 email	Ahmedabad
3	Karnataka	Reserve Bank of India 10/3/08, Nrupatunga Road P.B.No.5467 Bangalore – 560 001 email	Bangalore
4	M.P., Chattisgarh	Reserve Bank of India Hoshangabad Road P.B. No. 32 Bhopal – 462 011 email	Bhopal
5	Orissa	Reserve Bank of India Pt. Jawaharlal Nehru Marg P.B. No.16 Bhubaneswar – 751 001 email	Bhubaneswar
6	Haryana & Punjab	Reserve Bank of India Central Vista Opp. Telephone Bhawan Sector 17 Chandigarh – 160 017 email	Chandigarh
7	Tamil Nadu & Pondicherry	Reserve Bank of India Fort Glacis No.16 Rajaji Salai P.B. No. 40 Chennai – 600 001 email	Chennai
8	All North Eastern States	Reserve Bank of India Station Marg, Panbazar P.B. No. 120 Guwahati – 781 001 email	Guwahati
9	Andhra Pradesh	Reserve Bank of India 6-1-56, Secretariat Road, Saifabad, P.B. No. 1 Hyderabad – 500 004 email	Hyderabad
10	Rajasthan	Reserve Bank of India Rambagh Circle, Tonk Road P.B.No.12 Jaipur – 302 004 email	Jaipur
11	Jammu & Kashmir	Reserve Bank of India Rail Head Complex Jammu – 180 012 email	Jammu
12	Uttar Pradesh & Uttarakhand	Reserve Bank of India Mahatma Gandhi Road P.B.No.82/142 Kanpur – 208 001 email	Kanpur
13	West Bengal & Andman & Nicobar Islands	Reserve Bank of India 15, N.S. Road Kolkata – 700 001 email	Kolkata
14	New Delhi & Himachal Pradesh	Reserve Bank of India 6, Sansad Marg New Delhi – 110 001 email	New Delhi
15	Bihar & Jharkhand	Reserve Bank of India South Gandhi Maidan P.B. No. 162 Patna – 800 001 email	Patna
16	Kerala & Lakshadweep	Reserve Bank of India Bakery Junction P.B. No. 6507 Thiruvananthapuram – 695 033 email	Thiruvananthapuram

Eligibility
Students pursuing Post-Graduation courses in Management / Economics / Econometrics/ Banking / Finance / Law (five year programme) can apply for summer placement during their 2^nd semester.

How to apply
Eligible students should apply for summer placement in the prescribed form given below through their respective institutes to the “Control Office of Reserve Bank of India”, from 15th September to 30th October of the previous year.

Selection
The Bank will select a maximum of 120 students for summer placement every year. In the month of November / December each year, the interview for the short listed candidates will be held at the offices indicated above. The short listed outstation candidates will be required to bear the travel costs of to / for to the office of RBI for this purpose. Names of selected students will be communicated to the institutes in the month of December / January.

Selected outstation candidates will be paid/reimbursed AC II Tier/1st Class return fare by rail from the place of his/her institute to the place of summer placement for undertaking the project.

Declaration of Secrecy
Summer trainees are required to furnish a declaration of secrecy to the Bank before reporting for the internship.

Duration
Normally the period of placement will be for a maximum of three months during the period from April to July.

Place of Summer Training
Summer trainees will be required to undertake the project in various Central Office Departments in Mumbai or the respective Control Offices located at metro cities.

Facilities
Summer trainees are eligible to receive a token monthly stipend of Rs.12,500/- per month. Outstation trainees will be required to make accommodation arrangements on their own.

Download the Application Form - Domestic students

Foreign Students

Who can apply? / How to apply? / When to apply? / Duration/Selection / Facilities

Who can apply?
Students pursuing higher studies in economics, finance, banking, management, law (five year programme) and related fields in universities / institutes abroad will be eligible to apply.

How to apply?
Eligible students should fill out an application in prescribed form and mail it to the address given below.

The Chief General Manager
Reserve Bank of India
Human Resource Management Department
Training Division
Amar Building, 3rd Floor
Sir P. M. Road, Fort
Mumbai
India – 400001

An advance copy of the application can be e-mailed.

When to apply?
Applications should be forwarded to the above address between 1^st November and 31^st December, of the previous year. Applications received after this date will not be considered.

Duration
The normal duration of summer placement will be for a maximum of three months during the period from July to October every year.

Selection
Applicants will be informed about their selection before February 15 every year along with other information such as the area/topic of study, related department of the Bank, name of the Guide etc.

Place of Summer Training
Selected Trainees will be required to undertake a project only at Central Office departments of the Bank located in Mumbai.

Declaration of Secrecy
Summer trainees are required to furnish a declaration of secrecy to the Bank before reporting for the internship.

Facilities
Summer trainees will be eligible to receive monthly stipend of Rs.12,500/- per month. The trainees will have to bear the cost of their travel to / from Mumbai and will be required to make accommodation arrangements on their own.

Download the Application Form - Foreign Students