Young Professional – Policy and Research (DEPR) – RBI

Maharashtra, India Posted Last verified

Quick Info

Vacancies
Vacancies: 1
Employment Type
Employment Type: Contract, Full Time
Pay Scale
Pay Scale: ₹150,000 per month
Qualification
Qualification: Masters degree or PhD in Economics, with at least one course paper in Mathematics, Statistics, or Econometrics.
Experience Required
Experience Required: Freshers eligible — experience in economic research and statistical software like STATA or Python is desirable.
Age Limit
Age Limit: Between 21 to 30 years
Application Mode
Application Mode: Online
Deadline
Deadline:

The Department of Economic and Policy Research at RBI is hiring one Young Professional for policy-related research assignments. This Mumbai-based role offers a fixed stipend of ₹1,50,000 per month and requires a Master's degree or PhD in Economics with a strong background in Mathematics or Statistics. It is a premier opportunity to work with top management on official communications and research papers.

  • Age limit: 21 to 30 years as of July 06, 2026.
  • Contract duration: 3 years, extendable up to 5 years.
  • Application mode: Online via email to yphrmdco@rbi.org.in.
  • Selection process: Shortlisting followed by document verification and interview.
  • Last date: July 06, 2026.
Notification

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Additional Salary Information

Fixed monthly stipend of ₹1,50,000; subject to tax deductions.

Important Dates

Notification Date 15 June 2026
Application Deadline 06 July 2026
Tentative Joining Period August – October 2026

Selection Process

Preliminary Screening Shortlisting by Screening Committee Document Verification Interview

Application Fees

No application fee mentioned

Reservation

UR: 1 OBC: 0 SC: 0 ST: 0 EWS: 0

How to Apply

  • Download the Application Proforma from Annexure-VI of the official notification.
  • Fill the application form accurately in block letters.
  • Prepare a scanned copy of the duly filled application in PDF format.
  • Attach a Curriculum Vitae (CV) and academic transcripts/degree certificates.
  • Include a Statement of Interest and a sample of academic or policy writing.
  • Attach a reference or recommendation letter from a professional referee.
  • Send the email to yphrmdco@rbi.org.in with the subject line: YP Application – Post Code – Name of the Candidate.
  • Ensure the total size of PDF attachments does not exceed 5 MB.

Frequently Asked Questions

The role offers a fixed monthly stipend of ₹1,50,000.

A Master's degree or PhD in Economics with specific coursework in Mathematics, Statistics, or Econometrics.

Candidates must be between 21 and 30 years old as of July 06, 2026.