My new piece in moneycontrol on constant rejigging of RBI DG portfolios.
Since July 23, 2019, when Viral Acharya left the RBI, the central bank has reshuffled the DG portfolio four times with three of these reshuffles in 2020 alone. What is interesting is how these portfolios were allotted in these four reshuffles.
The Post Graduate students can apply for RBI internship:
Who can apply?
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 from reputed Institutions / Colleges located in India can apply for summer placement during their penultimate year / semester.
How to apply
Eligible students should apply for summer placement through the online web-based application form through their respective institutes to the “Control Offices of Reserve Bank of India”, from 15th September to 31st October of the previous year for internship starting from April of next year
Selection
The Bank will select a maximum of 125 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 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.
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