The Reserve Bank of India (RBI) is India’s central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India’s independence on 15 August 1947, the RBI was nationalized on 1 January 1949. The RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union.

It has started its recruitment process for the following posts. Eligible Candidates may apply accordingly.

Post Name: Legal Consultant Grade “F” (Vacancies: 02); Legal Consultant Grade (C/D) (Vacancies: 03)

Proposed Salary:

1. Legal Consultant Grade “F”: The compensation package (including market value of housing) will be equal to Cost-to Company(CTC) band equivalent to Grade ‘F’ Officers in the Bank as revised from time to time (Presently Rupees 53.43 lakh per annum subject to tax).
2. Legal Consultant Grade (C/D): The compensation package (including market value of housing) will be equal to Cost-to-Company (CTC) equivalent of Grade ‘C/D’ officers in the Bank as revised from time to time (presently  26 / 35.58 lakh per annum subject to tax).

Required Qualifications:

1. Legal Consultant Grade “F”:
   1. Bachelor’s Degree in Law recognized by the Bar Council of India for the purpose of enrollment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/years; and
   2. Post Graduate Degree in Law from a recognized university.
   3. 15 years of experience as an Advocate in Supreme Court or High Court or as a Law Officer in the Legal Department of a large bank/financial institution /statutory corporation or in the Legal Department of Central/State Government or an associate partner etc. in a reputed Consultancy firm providing legal advice.
   4. Preferably experienced in Taxation laws, International laws, laws relating to Banking, Payment Systems, Forex and Cyber or IT Laws.
2. Legal Consultant Grade (C/D):
   1. Bachelor’s Degree in Law recognized by the Bar Council of India for the purpose of enrollment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/years; and
   2. Post Graduate Degree in Law from a recognized university.
   3. 7 years of experience as an Advocate in Supreme Court or High Court or as a Law Officer in the Legal Department of a large bank/financial institution /statutory corporation or in the Legal Department of Central/State Government or an associate partner etc. in a reputed Consultancy firm providing legal advice.
   4. Preferably experienced in Taxation laws, International laws, laws relating to Banking, Payment Systems, Forex and Cyber or IT Laws.

Age Limit:

1. Legal Consultant Grade “F”: Between 45 years and 55 years
2. Legal Consultant Grade (C/D): Between 30 to 40 years.

Last Date of Application: August 11, 2017

Application Procedure: Online Applications shall be sent to the following site: www.rbi.org.in.

The Official Document has been provided underneath.[embeddoc url=”http://legaldesire.com/wp-content/uploads/2017/07/ALO20072017266DFB5BEEC9477588DEBB6E50F79782.pdf”]