The Reserve Bank of India (RBI) is inviting applications for its Summer Internship Programme, which offers students practical insights into the central bank’s operations and opportunities to engage in economic,
finance, regulatory, and policy research. The programme is designed for students enrolled in postgraduate courses, integrated five-year programmes, and professional bachelor’s courses.
Eligible fields of study include Economics, Finance, Management, Statistics, Commerce, Banking, Econometrics, Law, and related disciplines. Only pre-final year students from recognised Indian institutions are eligible to apply.
The internship typically lasts for three months, from April to July, though the duration may vary based on project requirements. Applications will close on December 15. The shortlisting and interview process takes place in January and February, with final selections confirmed between February and March.
Candidates must apply online through the RBI internship portal, where they need to provide personal and academic details, a statement of purpose, preferred departments, a photo, signature, ID proof, a bonafide or authorisation certificate, and other necessary documents. Each applicant can choose only one control office, usually linked to the state where their institution is located.
Each year, RBI selects up to 125 interns through a screening and interview process. Selected interns are assigned to various RBI offices across India, where they undertake projects, research, data analysis, documentation, and departmental tasks under expert supervision.
Their work may involve areas such as banking regulation, monetary policy, financial stability, compliance, economic analysis, and data-driven studies. Interns receive a stipend of Rs 20,000 per month. While accommodation is not provided, outstation candidates are reimbursed for AC II-tier return train travel. Interns will handle confidential information and must sign a confidentiality declaration before starting their internship.
This internship programme provides young professionals with valuable experience in the Central Bank of India, honing their skills in financial and policy research and offering guidance for their future careers.
