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Reserve Bank of India Services Board Mumbai Recruitment 2010



RBI Services Board Mumbai Recruitment 2010

RBI Bank invited Applications for the posts mentioned below in Reserve Bank of India (RBI / Bank) on contract basis from Indian citizens, subjects of Nepal and Bhutan, Tibetan refugees (who came over to India before 1st January 1962) and Persons of Indian Origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour Eligibility Certificates have been issued by Government of India.

Reserve Bank of India RBI Job Recruitment 2010

Sr.No.PostNumber of Vacancies in RBI
Unreserved (UR) i.e. General (GEN)Scheduled Castes (SC)Scheduled Tribes (ST)Other Backward Classes (OBC)Total
1
Media Relations Director
1---1
2
Media Manager (with editing skills)
1---1
3
Media Manager (with web skills)
1---1

The above mentioned Reserve Bank of India posts are not identified as suitable for physically handicapped candidates.

Definitions:

  1. First Party shall mean the Reserve Bank of India RBI.
  2. Second Party shall mean the Media Relations Director / Media Managers on limited period of contract for the purpose of terms and conditions mentioned in the Reserve Bank of India RBI Recruitment advertisement.

1. RBI Recruitment 2010 Media Relations Director Jobs - Level 5

A. Reserve Bank of India RBI 2010 Job Requirement:

  1. Communicate with external public and to convert the RBI Bank's publications into effective communications for wider coverage; properly and promptly articulating RBI Bank's response to external public.
  2. The incumbent will be required to closely liaison with the media and assist in overall communication function of the First Party viz. arranging press conferences, interviews etc. The incumbent will also assist in financial education work.
  3. Reading, writing, editing, printing, publishing, maintaining website and such other duties as may be assigned by the First Party from time to time.
  4. Self starter who can make things happen.
  5. Proven attention to detail, analysis and problem solving skills.
  6. Work effectively across cross functional teams.

B. Eligibility for Reserve Bank of India RBI Recruitment 2010:

(a) Educational Qualifications for RBI Recruitment 2010: (as on 01-12-2009)

Minimum Post Graduation with first class preferably in Economics, and a degree or diploma in journalism or mass communication or public relations of minimum one year duration conducted by reputed institutes, preferably affiliated to / recognized by a reputed university.

(b) Experience for RBI Job Recruitment 2010: (as on 01-12-2009)

Minimum 10 years' experience in journalism / media preferably in economic / financial reporting or in Public Relations with background of working with banks, financial institutions.

(c) Reserve Bank of India RBI Recruitment 2010 Age Limit: Between 32 and 40 years (as on 01-12-2009). No relaxation to any category.

C. Compensation Package:

An all inclusive compensation package of Rs.21.50 lakh per annum (maximum) will be offered to the Second Party during the first year of contract, Rs. 22.50 lakh per annum (maximum) during the second year of contract and Rs. 23.50 lakh per annum (maximum) in the third year of contract by the First Party, which will consist of Rs. 3.00 lakh as variable pay (Maximum) and Rs. 18.50 lakh to Rs. 20.50 lakh as fixed pay and allowances over the 3 - year period of contract.

(i) Fixed Pay for Reserve Bank of India Recruitment 2010:

(a) The monthly compensation, comprising basic pay, conveyance and house rent allowance, will be payable based on the annual package for these components as mentioned below:

ComponentTotal Amount (in Rs.) per annum
 1st year2nd year3rd year
Basic Pay5,00,0006,00,0007,00,000
Conveyance Allowance1,00,0001,00,0001,00,000
House Rent Allowance (HRA)
12,00,00012,00,00012,00,000
Annual Emoluments18,00,00019.00,00020,00,000

(b) Annual Reimbursement / Allowance for RBI Job Recruitment 2010:

ComponentAmount (Rs.)
LFC50,000
Annual allowance50,000

(c) Fixed Annual Compensation [i(a) + i(b)]:

Fixed annual compensationAmount (Rs.)
 1st year2nd year3rd year
Annual emoluments18,00,00019,00,00020,00,000
Annual allowance50,00050,00050,000
Total18,50,00019,50,00020,50,000

If the contract is decided to be extended beyond 3 years (up to a maximum of less than 5 years), the remuneration for the extended period will be pro rata of the remuneration fixed for the 3rd year, as given in the table above.

(d) Medical Benefits for Reserve Bank of India RBI Mumbai Recruitment 2010:

The Reserve Bank of India Second Party will be eligible for all medical benefits available to an officer in Gr. 'E' in the Bank, i.e., Rs. 3,500 per annum on declaration basis towards private treatment and settlement of all bills towards medical treatment / hospitalisation of self and dependents as per the schedules applicable for officers in Gr. 'E' in the Reserve Bank of India.

ii) Variable Pay:

In addition, the Second party will also be entitled to variable pay ranging from Nil to a maximum of Rs. 3.00 lakh per annum. Payment of variable pay will depend on evaluation of Second party's performance at the end of the year and the quantum will vary depending upon the performance level achieved by the Second party.

The variable pay will not be payable if either Party terminates the contract before completion of the relevant year. In case, the Reserve Bank of India RBI decides to extend the contract beyond 3 years, the payment of variable pay of Rs. 3.00 lakh would be made on pro rata basis for the extended period.

The other details shall be as fixed by the Reserve Bank of India from time to time and shall be made known to the Second party in due course.

Reserve Bank of India Services Board Mumbai Recruitment 2010


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