RBI Summer Internship 2024: Monthly Stipend Up to Rs. 20000, Registrations Started

 

RBI Summer Internship 2024: Application Details, Eligibility, and More

The Reserve Bank of India (RBI) has announced the application window for its 2024 Summer Internship Programme. This paid internship is a great opportunity for students specializing in Economics, Law, and Finance. The internship is scheduled to begin in April 2024, and selected interns will receive a monthly stipend of up to Rs. 20,000.

Internship Duration

The internship will initially last for six (6) months, with the possibility of an extension for another six months, based on the performance of the intern and the needs of the RBI unit. All selected interns will be required to sign a declaration of secrecy before starting their work.

Application Timeline

Candidates can apply online through the official website at opportunities.rbi.org.in. The application window is open from October 15 to December 15, 2024 for domestic students. Foreign students pursuing similar disciplines can apply between November 1 and December 31, 2024.

Eligibility Criteria

To apply for the RBI Summer Internship 2024, candidates must be:

• Pursuing post-graduation courses in fields like Management, Statistics, Commerce, Law, Economics, Econometrics, Finance, or Banking.
• Enrolled in integrated five-year courses in the aforementioned disciplines.
• Enrolled in a three-year full-time professional bachelor’s degree in law from reputed institutions in India.
• Foreign students studying Economics, Finance, Banking, Management, or Law at overseas institutions are also eligible.

How to Apply for RBI Summer Internship 2024

Follow these steps to apply for the RBI Summer Internship 2024:

1. Visit the official RBI website: opportunities.rbi.org.in.
2. Navigate to the section for internship applications.
3. Fill in the required details and upload necessary documents.
4. Submit your application before December 15, 2024 for domestic students or December 31, 2024 for foreign students.

Selection Process

The RBI will select up to 125 students for the internship program. The interview process is scheduled for January or February 2024 at designated RBI offices. The final list of selected candidates will be announced between February and March 2024.

FAQs: RBI Summer Internship 2024

Q1: Who can apply for the RBI Summer Internship 2024?

Ans: Students pursuing post-graduation courses, integrated five-year courses in relevant fields, and three-year professional law degrees from reputed institutions in India are eligible. Foreign students in similar fields can also apply.

Q2: When should candidates apply for the RBI Summer Internship 2024?

Ans: Applications for domestic students are open until December 15, 2024, while foreign students can apply between November 1 and December 31, 2024.

Q3: What is the stipend for selected interns in the RBI Summer Internship 2024?

Ans: Selected interns will receive a monthly stipend of up to Rs. 20,000.