Reserve Bank of India (RBI) Recruitment 2025

Reserve Bank of India (RBI) has announced a new job vacancy for the post of Director, Senior Adviser. This is an excellent career opportunity for job seekers. Check the eligibility, salary details, and vacancy information. Don’t miss this chance—apply now for the latest recruitment!

Last Date: Mon Jul 21 2025

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Recruitment Notification – Director and Senior Adviser at CAFRAL

The Reserve Bank of India (RBI) invites applications for the prestigious positions of Director and Senior Adviser at the Centre for Advanced Financial Research and Learning (CAFRAL), an independent research and learning institute promoted by the RBI.

Organization Details

Organization Name (English): Reserve Bank of India (RBI)
Organization Name (Hindi): भारतीय रिज़र्व बैंक
Recruiting Institute: Centre for Advanced Financial Research and Learning (CAFRAL)
Institute Name (Hindi): उन्नत वित्तीय अनुसंधान और शिक्षण केंद्र (कैफ्राल)

Available Positions

Director (निदेशक)
Senior Adviser (वरिष्ठ सलाहकार)

Location Details

City	Mumbai
State	Maharashtra
Country	India
Postal Code	400001
Street Address	Corporate Strategy & Budget Department, Central Office, Reserve Bank of India, Main Building, 2nd Floor, Shahid Bhagat Singh Road

Employment Details

Base Salary: Competitive, in line with the best in the industry
Employment Type: Full-time, Contractual (5-year term, subject to annual review)

Important Dates

Last Date to Apply: July 21, 2025
Age Reference Date: July 1, 2025

Eligibility Criteria

For Director

PhD in Economics or Finance
At least 25 years of research and/or teaching experience (including PhD duration)
Strong track record in institution building and leadership
High-quality publications in macroeconomics, banking, finance, etc.
Indian citizenship
Not older than 62 years as on July 1, 2025

For Senior Adviser

At least a Master’s degree (preferably PhD) in Economics or Finance
At least 25 years of research and/or teaching experience (including PhD duration)
Experience in policy or academic research
Indian citizenship
Not older than 62 years as on July 1, 2025

Application Process

Interested applicants should submit:

Detailed Curriculum Vitae (in prescribed format)
Statement of intent or vision for CAFRAL

Applications may be submitted through:

Email: cafralssc2025@rbi.org.in
Postal Address:
The CAFRAL Search-cum-Selection Committee – 2025
c/o Corporate Strategy & Budget Department
Central Office, Reserve Bank of India
Main Building, 2nd Floor
Shahid Bhagat Singh Road, Mumbai – 400001

Selection Process

A Search-cum-Selection Committee (SSC) constituted by the Reserve Bank of India will manage the recruitment process. The SSC may also:

Fill positions by invitation
Relax eligibility criteria for outstanding candidates

Other Information

The Director serves as the CEO of CAFRAL
Reports to the Governing Council chaired by the Governor of RBI
CAFRAL aims to become a globally recognized research and learning institute in macroeconomics, international economics, and financial policy
Focuses on developing talent and leadership in India’s financial sector
The team currently includes Directors, researchers, faculty, and administrative staff (about 40 members, expected to grow)

Reservation & Fees

Reservation Details: Not specified
Application Fees: Not applicable

Important Links

Official Website: https://www.rbi.org.in
Official Notification: Click Here