Reserve Bank of India Scholarship Scheme for Faculty Members 2018

RBI Scholarship Scheme 2018 for Faculty Members – The Reserve Bank of India invites application as per prescribed format 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.

 

Also See : Scholarships 2019

 

Objectives

  • To increase awareness about the activities of the Reserve Bank among faculty members and student community, and
  • To provide exposure to faculty members teaching economics and/or finance in different areas/activities in the Reserve Bank

 

Also See : Scholarships

 

Scholarship Details

  • Course Level: Scholarships are available to undertake short-term research

 

Duration of the Project

  • The duration of the project is maximum three months

Study Subject

  • Scholarships are awarded in the areas of monetary and financial economics, banking, real sector issues and other areas of interest to the Reserve Bank

 

Number of Scholarships

  • A maximum of five scholarships would be considered for 2018. The Reserve Bank, at its discretion, may vary the number of scholarships for any year

 

Facilities

  • The major facilities that will be made available to the selected scholar would include:
  • Restricted economy class domestic airfare ticket during visits to RBI Central Office, Mumbai from place of residence/work in India.
  • Monthly allowance of Rs.25000/- to be paid for the duration of the project (not more than three months)
  • In addition to the monthly remuneration, on completion of the Project/ Research paper and on acceptance of the same by RBI, payment of Rs.1 lakh as honorarium would be made

 

Eligibility Criteria

  • The eligibility criteria for the scheme are as follows:
  • Full-time faculty teaching economics and/or finance in any UGC-recognized Universities/Colleges in India
  • Indian nationals
  • Age below 55 years
  • Citizens of India are eligible to apply

 

Selection Procedure

  • The applicants need to send a research proposal of not more than 1000 words and detailed curriculum vitae along with the duly filled in application form
  • The candidates will be shortlisted on the basis of the research proposal and curriculum vitae. The shortlisted candidates will then be interviewed by a selection panel
  • The candidates found suitable would be invited to undertake research on the theme decided by the Reserve Bank
  • Incomplete application/application received after the due date will not be considered for short listing

 

Application Procedure

  • The application in hard copy may be forwarded to "The Director, Development Research Group, Department of Economic and Policy Research, 7th Floor, Central Office Building, Reserve Bank of India, Fort, Mumbai-400001". The application should be sent along with detailed curriculum vitae and the research proposal.
  • The soft version of application (in addition to hard copy) and/or any queries related to the scheme may be sent to email
  • For more details, please visit www.rbi.org.in

 

Important Dates

  • The application, complete in all respect, should reach the Bank latest by 31st May 2018
  • Commencement of the scholarship scheme would be from 01st August 2018

 

Reserve Bank of India

India’s Central Bank, "The Director, Development Research Group, Department of Economic and Policy Research, 7th Floor, Central Office Building, Reserve Bank of India, Fort, Mumbai-400001", Website www.rbi.org.in