Central Bank Of India Kyc: Fill & Download for Free

In the Reserve Bank of India, there are more than 30 Departments. The list of the Departments is given at the end of this answer. In each department there are few Sections (4–5) and in section there are 4–5 sub sections. So, if you consider this organisational structure then if you will find that there are more than 400 job profiles in RBI.Again there are two kinds of offices in RBI, one is central office which is located at Mumbai and other is Regional Office (RO) which are located mostly at State Capitals e.g New Delhi, Kolkata, Chennai, Mumbai Regional Office (MRO), Hyderabad, Bangalore etc. You can see the complete list on RBI's website.The nature of work in these two types of officers is very different. Central Office Departments are mostly engaged in the overall supervision of related functions i.e to coordinate concerned department of all regional offices. It's mostly a desk job and lot of correspondence is there with state governments, central government Departments and various RBI Regional Offices.The Central Office Departments (CO) are headed by Principal Chief General Manager (PCGM) and they are assisted by 1–3 CGMs depending on the workload of the department. All these officers are those officers who had joined RBI as as Grade B Officer.The Regional Offices (RO) are headed by Regional Directors who is a PCGM/CGM level officer. His rank is equivalent to the Chief Secretary/Secretary of the State Government. It is not mentioned anywhere but this protocol is followed in all State Government and RBI functions and meetings.I have got selected in RBI in 2011 and I had worked in RBI Ahmedabad office in Urban Banking Supervision Department till 2015.So, instead of giving vague nature of job of RBI Grade B Officer I will tell you what was my profile in RBI.My job was to inspect various banks allocated to me by my General Manager. This onsight inspection was carried out as per the Banking Regulation Act 1949 and some provisions of the Reserve Bank of India Act 1934. We also have to follow some of the guidelines of the Income Tax Act, FEMA, Money Laundering etc.The main objective of this inspection was to see whether the banks are functioning as per the Banking Regulation Act 1949. Because banks are having the public money and it's the job of RBI to safeguard the interest of the Depositors.The important areas we have to focus during inspection are the cash vault, KYC AML guidelines, Credit Appraisal System of the bank, it's Information Technology Policy, Overall security of the branch, functioning of the Board of the Directors and their interference in the day to day operations of the bank, adherence to the various circulars of the RBI.Based on these parameters we have to write inspection report and have to prepare bank's balance sheet as per Reserve Bank's format.We have to calculate various Financial parameters like CRAR, Gross NPA, Net NPA, Gross Profit/Loss, Net Interest Margin, Forex Exposure,CRR, SLR, etc. Based on the parameters we have to give rating to the bank as per CAMELS. Like A+, A, A-, B likewise. This inspection report is very confidential. No one can ask the details of the inspection report even in RTI. It can be shown only to higher courts in case of legal matters.If the Statutory/Concurrent Auditors have given incorrect picture of the financial position of the bank then RBI can request the ICAI to take serious action against the concerned Chartered Accountant.Some the confidential information regarding the functioing of the RBI can not be disclosed here.I think this answer have given you a broad idea about the functioing of the RBI.One important thing I would like to mention that because of my performance in the department Senior Management have given an opportunity to take lectures at Zonal Training Center (ZTC, New Delhi) and in house training center in Ahmedabad. I have taken Lectures on Banking Regulation Act, How to Prepare Balance and Profit & Loss statement of the bank, Calculation of CRAR, CRR, SLR ,NPA, Profit etc. It was very nice experience.Most of the Department's work is office desk type of work. In few Departments, you will get outside exposure. Banking Regulation, Financial Market, Foreign Exchange related Departments are the Departments where all officers want to work.Future Avenues:If future RBI Grade B Officer will definitely reach up to CGM level post few Officers can reach up to Executive Director (ED) and very fee up to Deputy Governor (DG).On every Public Sector Bank's Board RBI representative is there who is CGM level Officer. Some extra ordinary officer will a chance to go on deputation on foreign institutions like IMF, World Bank, foreign country's central bank, Finance Ministry, Home Ministry etc.List of Various Departments of the Reserve Bank of India.Consumer Education and Protection DepartmentCorporate Strategy and Budget DepartmentDepartment of Banking RegulationDepartment of Banking SupervisionDepartment of CommunicationDepartment of Cooperative Bank RegulationDepartment of Cooperative Bank SupervisionDepartment of Corporate ServicesDepartment of Currency ManagementDepartment of Economic and Policy ResearchDepartment of External Investments and OperationsDepartment of Government and Bank AccountsDepartment of Information TechnologyDepartment of Non-Banking RegulationDepartment of Non-Banking SupervisionDepartment of Payment and Settlement SystemsDepartment of Statistics and Information ManagementEnforcement DepartmentFinancial Inclusion and Development DepartmentFinancial Markets Operation DepartmentFinancial Markets Regulation DepartmentFinancial Stability UnitForeign Exchange DepartmentHuman Resource Management DepartmentInspection DepartmentInternal Debt Management DepartmentInternational DepartmentLegal DepartmentMonetary Policy DepartmentPremises DepartmentRajbhasha DepartmentRisk Monitoring DepartmentSecretary's DepartmentCentral Vigilance CellAll the Best.Susheel A Ragade (BE, MBA Finance)Ex.ManagerReserve Bank of IndiaRisk Management (IIMB)DSA(IMF)

RBI is the central bank of India. Securing a job in RBI is a matter of great respect. Along with a good salary, comes great social recognition and perks.RBI Grade A officers are known as Assitant Managers of RBI. It is one of the very prestigeous positions to work in. Lakhs of aspirants fill applications for its vacancy every year.(Image source: BloombergQuint)Job that Assitant Managers (Grade A) are expected tot perform are :-Currency issue and circulationMaintainence government accountsRegulation of InflationAssiting in policy formationDealing with KYC norms ; etc.Salary of that an Assitant Manager at RBI receives ₹28150 (Basic) and ₹62170 (including all perks and allowances).An Assitant Manager is promoted after every 4–6 years and their promotional heirarchy is as follows :Grade B - ManagersGrade C - Assistant General ManagerGrade D - Deputy General ManagerGrade E - General Manager ; and so on…Hope my answer helped you in getting the required information. All the best.

The Central Bank is the supreme monetary and banking authority in the country. Reserve Bank of India (RBI) is the central bank of India ( and is different from the bank Central Bank of India). It is called the Reserve Bank’ as it keeps the reserves of all commercial banks of India.The various jobs of Central Banks or RBI areIt is the issuer of the currency. Our notes are signed by Governor of Reserve Bank of India.Acts as the Banking regulator: It lays down rules and regulations for various banking activities such as a loan, credit cards or debit cardsActs as a "lender of last resort" to the banking sector during times of financial crisis.Manages the Foreign ExchangeActs as the banker to the Government.Banks and Reserve Bank of IndiaThere are different kinds of banks in India. One way to classify it as Public sector banks, Private Sector Banks, Foreign banks etc. The various types of banks in India are as follows.Public sector banks, for example State Bank of India, Bank of India, Punjab National Bank etc. Public sector banks are those which are operated by government bodies.Private sector banks, for example ICICI Bank, HDFC Bank, ING Vysya Bank. Private sector banks are the banks which are controlled by the private lenders with the approval from the RBI.Foreign banks, for example, HSBC, Deutsche Bank. These banks offer banking services but are actually branches of banks of other countries, for example, HSBC is Hong Kong and Shanghai Banking Corporation. It is headquartered in England and is Europe's biggest bankCommercial banks are the most important types of banks. The term ‘commercial’ carries the significance that banking is a business like any other business. In other words, commercial banks are essentially profit-making institutions. They collect deposits from the public and lend money to business firms (manufacturers), traders, farmers and consumers. Generally, the term ‘banks’ to refer to commercial banks.How does RBI regulate Banks?RBI acts as Banker to Banks, it lays down the broad parameters of banking operations in the country. It lays down rules and regulations of various banking activities like loans, credit cards or debit cards, branches, information that bank have to report, how to deal with Customers get KYC (Know Your customer)The Reserve Bank continuously monitors operations of these banks to ensure that defaults do not take place, people can get their deposited money when required and people can get loans. As Banker to Banks, the Reserve Bank focuses on:Enabling smooth, swift and seamless clearing and settlement of inter-bank transactions, so that when you deposit cheque of one bank in another the money gets transferred.Providing an efficient means of funds transfer for banksThe Reserve Bank stipulates minimum balances to be maintained by banks in these accounts so that people can continue to deposit and borrow from bank.Enabling banks to maintain their accounts with the Reserve Bank for statutory reserve requirements and maintenance of transaction balances.Acting as a lender of last resort : The commercial banks approach the Reserve Bank in times of emergency to tide over financial difficulties,but Reserve bank may rescue them though it might charge a higher rate of interest.The image from the RBI book Money Kumar shows how the people need to trust the banks that it will keep its money safe.How RBI makes sure bank work properly?Our article What are Central Banks,What is RBI? What do they do? explores RBI functions in detail.