RBI Scholarship Scheme for Faculty Members from Academic Institutions 2023

The Reserve Bank of India has invited applications from full-time faculty members, teaching economics or finance in any University Grants Commission (UGC) or All-India Council for Technical Education (AICTE) recognized Universities/ Colleges in India to undertake short-term research in the areas of monetary and financial economics, banking, real sector issues and other areas of interest to the Reserve Bank.

The broad objectives of the scheme are to increase awareness about the activities of the Bank among faculty members and student community; and to provide exposure to faculty members teaching economics and/ or finance in different areas/ activities of operations in the Reserve Bank.

The eligibility criteria for the scheme are as follows:

  1. Full-time faculty teaching economics and/or finance in any UGC-recognised Universities/ Colleges in India.
  2. Indian nationals.
  3. Age below 55 years.
  4. Preference will be given to the candidates who have not been awarded the scholarship earlier.

The application, complete in all respect, should reach the Bank latest by November 10, 2023. Commencement of the scholarship scheme would be from December 18, 2023.

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