Reserve Bank of India (RBI) has reported a marginal increase in its workforce, closing the financial year 2024-25 with a total staff strength of 13,520 employees.
This marks a slight rise from 13,350 employees recorded in the previous year.
According to the RBI Annual Report, released on May 29, 2025, the central bank recruited 604 individuals during the calendar year 2024, focusing on workforce diversity and capacity building.
Breakdown of RBI Recruitment in 2024
The 604 new recruits were selected across various categories, reflecting RBI’s commitment to inclusive hiring:
- General Category: 254 employees
- Scheduled Castes (SC): 87 employees
- Scheduled Tribes (ST): 40 employees
- Other Backward Classes (OBC): 160 employees
- Economically Weaker Sections (EWS): 63 employees
- Persons with Benchmark Disabilities (PwBD): 90 employees
- Ex-Servicemen: 54 employees
This recruitment drive aligns with RBI’s diversity and inclusion strategy, ensuring representation from various social and economic backgrounds.
Capacity Building and Training Initiatives
RBI has maintained a strong focus on employee development, with 1,116 officers trained domestically and 106 officers sent abroad for international training programs in FY25.
The Development Centre Workshop (DCW) initiative, designed to support officer induction, trained 357 new recruits, marking an increase from 290 in the previous year.
Additionally, RBI introduced a revised Mentoring Policy, integrating a formal Mentor Pool into its digital onboarding platform, DRONA.
This platform facilitates structured guidance for newly inducted officers, ensuring a smooth transition into the organization.
Decline in Hiring Compared to Previous Years
Despite the 604 new hires, RBI’s recruitment numbers have been declining over the past four years:
- 2023: 882 hires
- 2022: 1,121 hires
- 2021: 1,448 hires
The drop in hiring reflects RBI’s strategic workforce optimization, focusing on automation, digital transformation, and efficiency improvements.
RBI’s Workforce Composition
As of December 31, 2024, RBI’s total workforce stood at 13,520 employees, marking a 0.2% increase over the previous year.
The central bank also reported:
- 1,087 ex-servicemen in its workforce.
- 326 employees with benchmark disabilities.
- Two ex-servicemen and 20 PwBD employees recruited in 2024.
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