Overview

a) Providing legal opinion on the matters referred by the bank.

b) Providing legal advice on policy issues, support and guidance on any legal matters as desired by the Top Management.

c) Assisting Governor / Deputy Governor / Top Management whenever they are required to depose before the Standing Committee of Parliament or any other such forum.

d) Providing support for finalizing the strategies for dealing with court Cases of importance for the Bank.

e) Vetting of draft legislation and sub-ordinate legislation.

f) Attending Conference with Legal Counsels whenever outside opinion is sought by the Bank and participating in meetings with Senior Government officials, when required by the Bank.

g) Any other work as may be assigned by the Bank from time to time. Nature of Appointment: Appointment will be on contract basis as Legal Consultant equivalent to the post of officer in Grade ‘F’.

Nature of Appointment: 

Appointment will be on contract basis as Legal Consultant equivalent to the post of officer in Grade ‘F’ and C/D.

Period: 

The period of contact appointment will be three years from the date of taking up the assignment. The performance of the appointees on contract basis will be reviewed annually to decide on the continuance of the contract.

Reservation for SC, ST, OBC and PWD: 

The posts are not reserved for any category.

Eligibility Criteria/ Skills Required:

Educational Qualifications (as on 01-07-2017)

Bachelor’s Degree in Law recognized by the Bar Council of India for the purpose of enrollment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/years; and
Post Graduate Degree in Law from a recognized university.

Experience for Grade F (as on 01-07-2017)

Essential: 

At least ‘fifteen years’ experience as an Advocate in a High Court / the Supreme Court or as a Law Officer in the Legal Department of a large bank/financial institution /statutory corporation or in the Legal Department of Central/State Government or an associate partner etc. in a reputed Consultancy firm providing legal advice.

Desirable: 

Experience in Taxation laws, International laws, laws relating to Banking, Payment Systems, Forex and Cyber / IT Laws.

Age (as on 01-07-2017): 

Should be between 45 years and 55 years.

 

Experience for Grade C/D (as on 01-07-2017)

Essential: 

At least ‘Seven years’ experience as an Advocate in a High Court/the Supreme Court or as a Law Officer in the Legal Department of a large bank/financial institution/statutory corporation or in the Legal Department of Central/State Government or an associate partner etc. in a reputed Consultancy firm providing legal advices.

Desirable: 

Experience in Taxation laws, International laws, laws relating to Banking, Payment Systems, Forex and Cyber / IT Laws.

Age (as on 01-07-2017): 

Should not below 30 years and above 40 years.

How to Apply?:

a. Candidates are required to apply only online using the website www.rbi.org.in. No other means / mode of application will be accepted. Instructions for filling up online applications are available at Appendix –I which is available on the Bank’s website www.rbi.org.in. The applicants are advised to submit only single application; however, if due to any unavoidable situation, if he/she submits another/multiple applications, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicants’ details, photograph, signature, fee etc. The applicants who are submitting multiple applications should note that only the last completed applications with higher RID shall be entertained by the Board and fee paid against one RID shall not be adjusted against any other RID.

b. All candidates, whether already in Government Service, Government owned industrial undertakings or other similar organisations or in private employment should submit their applications direct to the Board. Persons already in Government Service, whether in a permanent or temporary capacity or as work charged employees other than casual or daily rated employees or those serving under the Public Enterprises are however, required to submit an undertaking in the Online application that they have informed in writing to their Head of Office/Department that they have applied for the interview. Candidates should note that in case a communication is received from their employer by the Board withholding permission to the candidates applying for/appearing at the interview, their application will be liable to be rejected/candidature will be liable to be cancelled. At the time of joining, the recommended candidates will have to bring proper discharge certificates from their PSU/Government/Quasi –Government employer.

NOTE: Candidates are not required to submit along with their applications any original certificate in support of their claims regarding Age, Educational Qualifications, etc. which will be verified at the time of the Interview only. The candidates applying for the posts should ensure that they fulfill all the eligibility conditions. If on verification at any time before or after the Interview, it is found that they do not fulfil any of the eligibility conditions; their candidature for the interview will be cancelled by the Board. If any of their claims is found to be incorrect, they may render themselves liable to disciplinary action by the Board. A candidate who is or has been declared by the Board to be guilty of:

(i) Obtaining support for his/her candidature by the following means, namely:–

offering illegal gratification to, or
applying pressure on, or
blackmailing, or threatening to blackmail any person connected with the conduct of the recruitment process, or

(ii) impersonating, or

(iii) procuring impersonation by any person, or

(iv) submitting fabricated documents or documents which have been tampered with, or

(v) making statements which are incorrect or false or suppressing material information, or

(vi) violating any of the instructions issued to candidates along with their Admission Certificates permitting them to take the interview, or

(vii) attempting to commit or as the case may be abetting the Commission of all or any of the acts specified in the foregoing clauses; may in addition to rendering himself/herself liable to criminal prosecution, be liable.

to be disqualified by the Board from the examination/interview for which he/she is a candidate and/or
to be debarred either permanently or for a specified period (i) by the Board from any examination or selection held by them; (ii) by the Bank from any employment under them; (iii) dismissal from service by the Bank if he / she is already in Bank’s employment; and (iv) if he/she is already in some other service, the Board writing to his/her employer for taking disciplinary action.
Provided that no penalty shall be imposed except after (i) giving the candidate an opportunity of making such representation, in writing as he/she may wish to make in that behalf; and (ii) taking the representation, if any, submitted by the candidate within the period allowed to him/her into consideration.

LAST DATE OF RECEIPT OF APPLICATIONS: 

The Online Applications can be filled up to August 11, 2017 till 12:00 midnight.

GENERAL INSTRUCTIONS:

Board does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of or for any reason beyond the control of the Board.
Any canvassing by or on behalf of the candidates or to bring political or other outside influence with regard to their selection/recruitment shall be considered as disqualification.
In all matters regarding eligibility, interviews, assessment, prescribing minimum qualifying standards in interview, in relation to number of vacancies and communication of result, the Board’s decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard.
Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank’s website www.rbi.org.in
Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at Mumbai only.

About Reserve Bank of India

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.

Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.