The Reserve Bank of India (RBI) has invited applications for its Summer Placement Programme 2027. The programme offers eligible students an opportunity to gain practical exposure to the functioning of India’s central bank through research-based assignments at RBI offices across the country. Selected candidates will work under the guidance of RBI officials on projects relating to banking, finance, economics, law, and public policy during the summer of 2027.
About the Reserve Bank of India (RBI)
The Reserve Bank of India (RBI) is India’s central bank, entrusted with regulating the country’s monetary and financial system. It is responsible for formulating monetary policy, regulating banks and financial institutions, issuing currency, maintaining financial stability, and promoting the orderly development of India’s financial sector.
Through its Summer Placement Programme, RBI provides students with an opportunity to gain practical exposure to policy research, financial regulation, and the functioning of a central bank.
About the Summer Placement Programme
The Summer Placement Programme is designed to provide students with hands-on experience through project-based assignments under the supervision of RBI officials. Participants work on research projects relevant to their academic background while gaining insights into the role of India’s central bank in policymaking and financial regulation.
The placement is generally conducted between April and July 2027 for a maximum period of three months.
Work
Depending on the assigned department, selected trainees may:
- Undertake research-based projects.
- Assist in legal, economic, banking, or financial research.
- Analyse policy and regulatory issues.
- Prepare reports and research notes.
- Support RBI officials in project-related assignments.
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Eligibility
Applications are invited from students who are:
- Pursuing a postgraduate degree in Economics, Econometrics, Money & Banking, Finance, Management, Law, or related disciplines.
- Enrolled in the penultimate year of a five-year integrated course in Law, Management, Engineering, or other relevant disciplines.
- Pursuing a three-year full-time professional bachelor’s course in Law and are in the penultimate year.
Applicants must be Indian citizens studying at recognised institutions in India.
Stipend
Selected summer trainees will receive a monthly stipend of ₹25,000 during the placement period.
Duration
The programme will be conducted for a maximum period of three months, generally between April and July 2027.
Selection Process
Applications will be shortlisted by the respective RBI offices. Shortlisted candidates will be invited for an interview, after which final selections will be made based on merit and suitability for the assigned project.
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How to Apply
Eligible candidates must submit their applications through the official RBI Summer Placement Programme portal on or before 15 December 2026.
Candidates should carefully complete the online application form and apply to only one RBI Office, preferably corresponding to the location of their educational institution.
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