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RESERVE BANK OF INDIA (RBI) SCHOLARSHIP SCHEME

Maharashtra

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Last date

26/11/2026

Reward

150,000

Qualification

Other

Post

Higher studies

General information

Scholarship name

RESERVE BANK OF INDIA (RBI) SCHOLARSHIP SCHEME

Applications are invited by the Reserve Bank of India (RBI) for Scholarship Scheme for Faculty Members from Academic Institutions. The scholarship scheme for faculty members aims at bringing on board scholars, who would be able to undertake and pursue critical projects successfully and thereby contribute to the Reserve Bank’s research universe. The Reserve Bank of India invites full-time faculty members teaching economics or finance in any UGC or 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. The duration of the project is a maximum of three months. Particulars Description Name Reserve Bank of India (RBI) Scholarship Scheme Provided by Reserve Bank of India Purpose Higher Studies

Region
Maharashtra
Scholarship type
Government
Fields
Other
For
Higher studies

Key dates

Last date to apply: 26/11/2026 The last date to apply for this scholarship is November 26, 2026

Eligibility

The eligibility criteria for the scheme are as follows:

  1. Full-time faculty teaching economics and/or finance in any UGC-recognized University/College in India.
  2. Indian nationals.
  3. Age below 55 years.
  4. Preference will be given to the candidates who have not been awarded the scholarship earlier.

Award & availability

Stated amount: 150,000 1,50,000 Rs. 05, The Reserve Bank, at its discretion, may vary the number of scholarships for any year.

Application

No Separate Application or Fee is Required to get the scholarship, it will be automatically considered, once you enrolled for the program. 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 a detailed curriculum vitae, the research proposal, and an official letter from your university/college bearing the official university/college stamp verifying your status at the time of application. The soft version of the application (in addition to the hard copy) and/or any queries related to the scheme may be sent to deprdrg@rbi.org.in. Schedule of the Scheme

  1. The application, complete in all respect, should reach the Bank latest by October.
  2. Commencement of the scholarship scheme would be on December. For further details, please check- https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=4038

Selection process

The candidates will be shortlisted on the following basis

  1. research proposal of not more than 1000 words.
  2. curriculum vitae.
  3. interview by a selection panel. Other Info Guidelines for publishing/presenting the research paper outside RBI After the successful completion of the project, if the scholar desires to publish/present the study outside RBI, the following guidelines are to be followed by the scholar:-
  4. The scholar should take a written approval from the RBI before presenting or publishing partly or fully the study undertaken by the scholar.
  5. The scholar may mention that the project was undertaken as a part of the ‘RBI Scholarship Scheme for Faculty Members of Academic Institutions.
  6. The paper should be published with the disclaimer that- “the views expressed in the study/paper are solely of the author and not of the Reserve Bank of India”.
  7. In case the scholar wants to acknowledge any names from Reserve Bank of India, it may be done only after seeking prior permission.
  8. The said study should not be considered as a ‘RBI funded project’.

Contact

Any queries related to the scheme may be sent to deprdrg@rbi.org.in. Apply Now https://opportunities.rbi.org.in