Details of the Organization
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.
Details of the Job/Internship
The Reserve Bank of India invites applications for the position of Legal officer.
Role and Responsibilities
- Dealing with references on legal issues received from various departments of the Bank and its associate institutions, which are mainly related to the interpretation of various statutes such as Reserve Bank of India Act 1934, Banking Regulation Act 1949, Foreign Exchange Management Act 1999, Companies Act 2013, etc.
- Preparing initial drafts of legislation administered/to be administered by the Bank.
- Preparation of drafts of pleadings and comprehensive instructions/briefs to counsel in connection with litigation involving the Bank and its associate institutions.
- Appearing before Conciliation Officers, Labour Courts, Tribunals etc. on behalf of the Bank.
- Any other work as assigned by the Bank.
Eligibility
- A citizen of India, or
- A subject of Nepal, or
- A subject of Bhutan, or
- A Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or
- A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. Provided that a candidate belonging to any of the categories at (ii), (iii), (iv) and (v) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
- A candidate must have attained the age of 21 years and must not have attained the age of 32 years as on February 01, 2026.
- Candidates must have been born not earlier than February 02, 1994 and not later than February 01, 2005.
- Upper age limit is relaxable by 3 years in case of candidates possessing LL.M. degree and 5 years in the case of candidates possessing Ph.D in Law.
- Bachelor’s Degree in Law from any University / College/ Institution recognized by UGC and the Bar Council of India with a minimum of 50% marks or equivalent in the aggregate of all semesters/years.
- For SC/ST and PwBD candidate minimum required marks shall be 45% in Bachelor’s degree in Law in the aggregate of all semesters/years, against vacancies reserved for such candidates.
- Enrolled with the Bar Council as an Advocate.
- At least two years’ experience after being enrolled:
- As an Advocate or
- As a Law Officer in the Legal Department of a large bank/ financial institution/ statutory corporation/ company/ State/ Central Government post, enrolment with the Bar Council or
- As a full-time teacher in a Law College/University, teaching law.
Salary/Stipend
Selected Candidates will draw a starting basic pay of ₹78,450/- p.m. in the pay scale of ₹78450 - 4050 (9) - 114900 - EB – 4050 (2) - 123000 - 4650 (4) - 141600 (16 years) applicable to Officers in Grade ‘B’. They will also be eligible for Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, House Rent Allowance as per rules in force from time to time. At present, initial monthly gross emoluments (without HRA) are ₹1,53,675/- 13 (approximately). The House Rent Allowance of 15% of pay will be paid to these Officers additionally if they are not staying in Bank’s accommodation.
Type of Opportunity
Fulltime
Country
India
Address
PAN India.
Application and Registration Details
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