Reserve Bank of India Reviews | Glassdoor

Reserve Bank of India Reviews

Updated April 2, 2017
38 reviews

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Full-time Part-time

4.3
Star Star Star Star Star
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Dr. Raghuram Rajan
20 Ratings

38 Employee Reviews

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Pros
Cons
  • You may have to devote extra time to accomplish your target (in 2 reviews)

  • Possible stagnation, challenging work-life balance (in 2 reviews)

More Pros and Cons

  1. "Assistant General Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant General Maanager in Cleveland, OH
    Former Employee - Assistant General Maanager in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Do your work proficiently and go home. Pay Master. Opportunity to grow vertically and horizontally. Good working conditions and of course name and fame.

    Cons

    You may have to devote extra time to accomplish your target. You have to set your own target and meet the same. No escape.

    Advice to Management

    Most democratic institution. Any employee can approach higher ups without any hindrance and put up his ideas if chain does not work due to any reason.


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

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Base Supervisor in Odessa, TX
    Current Employee - Base Supervisor in Odessa, TX
    Recommends
    Negative Outlook
    No opinion of CEO

    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 Management

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


  3. "The Best Place to Work in India"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Mumbai (India)
    Former Employee - Manager in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Reserve Bank of India full-time (Less than a year)

    Pros

    Amazing salary and perks
    Status
    Respect
    Chance to change people's lives
    More perks than salary
    Chances to go abroad
    Good work life balance

    Cons

    I could not find anything as of now
    It provides great work life balance and salary
    The only problem is that clearing the exam is very tough


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Assistant General Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Commonwealth Secretariat in London, England (UK)
    Former Employee - Commonwealth Secretariat in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Reserve Bank of India (More than 10 years)

    Pros

    Good benefits, well respected, international travel, Large city postings

    Cons

    Possible stagnation, challenging work-life balance


  6. Helpful (1)

    "Credible Central Banking Institute"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant General Manager in Mumbai (India)
    Former Employee - Assistant General Manager in Mumbai (India)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    great learning on the job, international regulatory exposure, work life balance

    Cons

    slow promotion at mid levels, governmental interference of late

    Advice to Management

    Nil


  7. Helpful (2)

    "RBI - Beauty and a Beast"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant General Manager in Mumbai (India)
    Current Employee - Assistant General Manager in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Learning opportunities, Knowledge Culture, A good launchpad if one can work on oneself despite work pressure, more or less stable job in terms of transfers/security, considerable autonomy in a government job which is a rarity.

    Cons

    One can get complacent easily, little focus on personal development apart from job/knowledge requirements, a frog in well attitude at organizational level, tend to see-saw between corporate and government culture with change at DG/ED/CGM (HR) levels.

    Advice to Management

    Need to be more communicative and Pro Employee. Also immense requirement to pay attention to soft skills and sensitivity development of employees.


  8. "Rbi"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Mumbai (India)
    Current Employee - Anonymous Employee in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Reserve Bank of India full-time

    Pros

    Good salary and facilities.... good work culture

    Cons

    Nothing...... everything is fine here


  9. "manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Good work life balance.
    Lots of opportunities for pursuing higher education.

    Cons

    Work culture depends on which department/city you work in.
    HR is non-transparent and biased


  10. Helpful (1)

    "Grade B officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Grade B Officer in Mumbai (India)
    Current Employee - Grade B Officer in Mumbai (India)
    Recommends
    Approves of CEO

    I have been working at Reserve Bank of India full-time (Less than a year)

    Pros

    less bureaucratic, work life balance, lot of perks and allowances, good accommodation facility, prestigious job, good other facilities

    Cons

    stagnation; it takes a lot of time to get promotion. Linear Progression in career,

    Advice to Management

    Geometric progression in salary revisement, performance based promotion instead of seniority based promotion


  11. "One of the better employers in the public sector in India"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research in Mumbai (India)
    Former Employee - Research in Mumbai (India)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Reserve Bank of India full-time (More than a year)

    Pros

    One gets to work on a broad range of issues, and hear from/ engage with senior public sector functionaries. There is some scope to be involved in policy making, albeit at more senior levels.

    Cons

    Some seniors who wish to be lifers at the Bank are not updated, as a result they are not effective supervisors. The peer group is not the most exciting set of people to work with.

    Advice to Management

    HR systems and values need to be modernized. Merit based promotions or at least some other incentives could be introduced to motivate the employees.


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