Reserve Bank of India

  www.rbi.org.in
  www.rbi.org.in

Reserve Bank of India Reviews

Updated October 15, 2014
Updated October 15, 2014
30 Reviews
4.2
30 Reviews
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Dr. Raghuram Rajan
4 Ratings

Employee Reviews

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  1.  

    Summer Internship at RBI, MRO

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Summer Intern in Mumbai (India)
    Current Employee - Summer Intern in Mumbai (India)

    I have been working at Reserve Bank of India as an intern (less than an year)

    Pros

    wonderful Work culture, handful learning experiences

    Cons

    poor growth, lack of proper communication

    Approves of CEO
  2.  

    Adedicated Central Bank depending more on Direct Recruitsand not rewaeding base level achievers contributions,that are v

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Base Supervisor in Odessa, TX
    Current Employee - Base Supervisor in Odessa, TX

    I have been working at Reserve Bank of India full-time (more than 10 years)

    Pros

    Greater freedom in regular functioning compared to other corporations. Still sticking to well experimented and time tested accounting procedures in Computerised (also manual record) data base. Bond ofIntra employee relationship is still at a high but declining sharply now.Taken up pioneering schemes for rural poor but in a top management addicted fashion,Reputation outside is maintained by coercing staff through multi tasking.Internal atomosphere is is mutual co operation is exemplary,but a lot of fustrations are in comparison between workers.

    Cons

    Non filling of base level vacancies is an alarm to future prosperity.Individuals of top are followed than following body fabric and well tested/experimented objective rules of a Central Bank.Work force is meagre and dearly is practical experience.Getting things done/providing data input from experie3nce must be appreciated and rewarded to keep up morale.

    Advice to ManagementAdvice

    Pattern of management should change with emphasis on Directors,The Governor and Deputy Governors.Human Resorces ,wll talented has tobe scouted than techicals/professionals.

    Recommends
    Negative Outlook
    No opinion of CEO
  3.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Reserve Bank of India

    Pros

    Friendly atmosphere. Perks are attractive.

    Cons

    Pay is not great considering the calibre of people

    Advice to ManagementAdvice

    Bureaucratic processes get in way of day-to-day running

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Pretty good, great people but bad pay.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Intern in Mumbai (India)
    Former Employee - Summer Intern in Mumbai (India)

    I worked at Reserve Bank of India as an intern (more than an year)

    Pros

    -Learn a lot.
    -Great People to learn from if youre are an intern
    -V.Good location of the office (BKC)
    -No pressure, never had to work beyond 6 pm.

    Cons

    -Very bad pay/stipend. Not enough to survive Mumbai.
    -Constrained outlooks
    -Very traditional work environment

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Benevolent Organisation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive Intern in Chennai (India)
    Current Employee - Executive Intern in Chennai (India)

    I have been working at Reserve Bank of India as a contractor (more than 3 years)

    Pros

    Excellent work culture and humane people. Evolving towards modern perspective in central banking. Showing continuous improvement in technology, HR policies, risk management, etc. Organisation provides excellent career opportunities and responsive to the needs of the employees at the various aspects.

    Cons

    Less target orientation. Random allocation of responsibilities without consideration of core competencies.

    Advice to ManagementAdvice

    Let transfer and promotion policies may be more transparent. Performance incentives for best performers can be encouraged.

    Recommends
    Negative Outlook
    Approves of CEO
  7. 2 people found this helpful  

    I worked at Reserve Bank of India full-time (more than 10 years)

    Pros

    The Reserve Bank of India is the central bank of INDIA. Most central banks, as we know them today, were established around the early twentieth century. The Reserve Bank of India was set up on the basis of the recommendations of the Hilton Young Commission. The Reserve Bank of India Act, 1934 (II of 1934) provides the statutory basis of the functioning of the Bank, which commenced operations on April 1, 1935, 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
    Life with the RBI is not just another career. It's a commitment. Commitment to serve the nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves. In RBI, you not only grow vertically but also professionally. For middle management positions at the Bank, they look for first class graduation in any discipline. However, post graduates in Economics and Statistics, Chartered Accountants and MBAs (Finance) are preferred. Strong analytical skills, capacity to learn new skills quickly along with the ability to use the candidate’s initiative, setting his own targets and using sound reasoning and clear objectives to make decisions ar key qualities th institution seek. Attitude, commitment, flexibility, communication skills and team spirit are other essential qualities.

    Cons

    Experience Intellectual Fulfillment - Your work can make a difference to the entire financial world and touch the lives of millions. Your decisions can make news. For your entire professional lifespan the multi-disciplinary nature of work content ensures that you are continuously facing newer challenges.

    Advice to ManagementAdvice

    You get an opportunity to diversify your skills. You can move between departments and work on areas from formulation of monetary policy to dealings and trading in forex and government bonds, managing public debt and bank accounts to facilitating exchange remittances by residents and non residents, regulating and supervising 34,000 financial entities, spearheading technology within the RBI or in the financial system and even training and researching for self-development.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    My first Internship. Though intimidating at first, I learnt a lot from the knowledgable people that work there.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Internship in Mumbai (India)
    Former Employee - Internship in Mumbai (India)

    I worked at Reserve Bank of India as an intern (less than an year)

    Pros

    Tremendous amount of good data. Amazing perks for employees

    Cons

    Traditional work ethic. Too bureaucratic at times

    Advice to ManagementAdvice

    Keep up the good work and improve our system

    Recommends
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    I was an intern at the Reserve Bank of India

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Internship in Mumbai (India)
    Former Employee - Internship in Mumbai (India)

    I worked at Reserve Bank of India as an intern

    Pros

    - Job Security
    - Decent work environment
    - Get opportunity & satisfaction in working towards implementing government's policies
    - Friendly atmosphere

    Cons

    - Promotions, etc. are slower

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
  10.  

    Good

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Reserve Bank of India

    Pros

    They give a lot of responsibilities. You get to see the working of Reserve Bank, Interest Rates, Monetary Policy, meet new people, learn from them.

    Cons

    Being a government organisation, the culture is not very good. Most employees are old so you dont get to hang out a lot. Growth is slow.

  11.  

    A lot to learn,standard salary/perks and good work culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Managerial in Bhubaneswar (India)
    Current Employee - Managerial in Bhubaneswar (India)

    I have been working at Reserve Bank of India full-time (more than 10 years)

    Pros

    You get plenty Economic literature on Indian Economic scenario-present &past

    Cons

    You have to gulp up procedures at a fast pace and also be authentic,exact and decisive.Maintaining balance is a hardnut to crack.

    Advice to ManagementAdvice

    Role of a Central Bank of a mammoth country like India has to be redefined according to 21st Century.

    Recommends
    Neutral Outlook
    Approves of CEO

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