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Domestic students
Role of Institutions
Reputed Institutes / Colleges located in India offering Masters in Business Management (MBA/MMS) / Economics / Econometrics / Finance / Banking / statistics/ Commerce / or full time professional Bachelor’s degree in Law (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.
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Sr.
No.
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States
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Control Office
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Centre
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1
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Maharashtra, Goa, Daman & Diu and Dadara & Nagar Haveli
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Reserve Bank of India
Human Resource Management Department (Training & Development Division), Central Office, 21st Floor, Central Office Building, Shahid Bhagat Singh Road, Mumbai – 400 001
E-mail
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Mumbai
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2
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Gujarat
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Reserve Bank of India
P.B.No.1, Ashram Road
Ahmedabad – 380 014 E-mail
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Ahmedabad
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3
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Karnataka
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Reserve Bank of India
10/3/08, Nrupatunga Road
P.B.No.5467
Bangalore – 560 001 E-mail
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Bangalore
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4
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M.P., Chattisgarh
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Reserve Bank of India
Hoshangabad Road
P.B. No. 32
Bhopal – 462 011 E-mail
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Bhopal
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5
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Orissa
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Reserve Bank of India
Pt. Jawaharlal Nehru Marg
P.B. No.16
Bhubaneswar – 751 001 E-mail
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Bhubaneswar
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6
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Haryana & Punjab
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Reserve Bank of India
Central Vista
Opp. Telephone Bhawan
Sector 17
Chandigarh – 160 017 E-mail
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Chandigarh
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7
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Tamil Nadu & Pondicherry
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Reserve Bank of India
Fort Glacis
No.16 Rajaji Salai
P.B. No. 40
Chennai – 600 001 E-mail
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Chennai
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8
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All North Eastern States
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Reserve Bank of India
Station Marg, Panbazar
P.B. No. 120
Guwahati – 781 001 E-mail
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Guwahati
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9
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Andhra Pradesh
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Reserve Bank of India
6-1-56, Secretariat Road,
Saifabad, P.B. No. 1
Hyderabad – 500 004 E-mail
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Hyderabad
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10
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Rajasthan
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Reserve Bank of India
Rambagh Circle, Tonk Road
P.B.No.12
Jaipur – 302 004 E-mail
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Jaipur
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11
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Jammu & Kashmir
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Reserve Bank of India
Rail Head Complex
Jammu – 180 012 E-mail
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Jammu
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12
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Uttar Pradesh & Uttarakhand
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Reserve Bank of India
Mahatma Gandhi Road
P.B.No.82/142
Kanpur – 208 001 E-mail
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Kanpur
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13
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West Bengal & Andman & Nicobar Islands
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Reserve Bank of India
15, N.S. Road
Kolkata – 700 001 E-mail
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Kolkata
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14
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New Delhi & Himachal Pradesh
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Reserve Bank of India
6, Sansad Marg
New Delhi – 110 001 E-mail
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New Delhi
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15
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Bihar & Jharkhand
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Reserve Bank of India
South Gandhi Maidan
P.B. No. 162
Patna – 800 001 E-mail
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Patna
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16
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Kerala & Lakshadweep
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Reserve Bank of India
Bakery Junction
P.B. No. 6507
Thiruvananthapuram – 695 033 E-mail
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Thiruvananthapuram
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Eligibility
Students pursuing a ) post-graduate courses b ) Integrated five year courses in Management / Statistics / Law/ Commerce / Economics / Econometrics / Banking / Finance or three year full time professional Bachelor’s degree in Law can apply for summer placement during their penultimate year / 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 journey to the office of RBI and back 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. The period may be reduced/extended at the discretion of the Bank.
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 mentioned above under the Para ‘Role of ‘Role of Institutions’.
Facilities
Summer trainees are eligible to receive a token monthly stipend of Rs.15,000/- 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 & Development Division),
Central Office, 21st Floor, Central Office Building,
Shahid Bhagat Singh Road,
Mumbai – 400 001
An advance copy of the application can be
e-mailed.
When to apply?
Applications should be forwarded to the above address between 1st November
and 31st 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.15,000/- 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