The Reserve Bank of India (RBI) has announced an exciting opportunity for college students through its RBI Internship 2025 program. This initiative is open to students from all academic backgrounds, providing a valuable platform to gain experience at one of the country’s most esteemed institutions. Interns will receive a stipend of ₹45,000 per month, which not only enhances their resumes but also offers financial assistance throughout their learning experience. Here are the essential details you need to know about this unique opportunity.
About the RBI
The Reserve Bank of India (RBI) serves as India’s central bank and regulatory authority, overseeing the country’s banking system. Owned by the Ministry of Finance of the Government of India, the RBI is tasked with managing the issuance and supply of the Indian rupee. Additionally, it plays a crucial role in regulating the primary payment systems in the country and fostering economic development.

In collaboration with the Indian Banks’ Association, the RBI established the National Payments Corporation of India to enhance and regulate payment and settlement systems across India. The Bharatiya Reserve Bank Note Mudran (BRBNM), a specialized division of the RBI, is responsible for printing and minting Indian currency notes at its facilities in Mysore (Karnataka) and Salboni (West Bengal). Furthermore, the Deposit Insurance and Credit Guarantee Corporation, another specialized division, was created to provide deposit insurance and guarantee credit facilities for all Indian banks.The RBI’s functions encompass a wide range of responsibilities, including:
- Monetary Management: Formulating and executing monetary policy to ensure economic stability.
- Currency Issuance: Managing the design, production, distribution, and overall management of currency to prevent counterfeiting.
- Government Banking: Acting as the banker for both the central and state governments, managing their banking transactions and public debt.
- Banker to Banks: Facilitating inter-bank transactions through a clearinghouse system.
- Lender of Last Resort: Providing liquidity to commercial banks in distress when other sources are unavailable.
- Financial Regulation: Supervising financial institutions to maintain stability and protect depositors’ interests.
- Inflation Control: Maintaining an inflation target to ensure economic stability.
- Custodian of Foreign Exchange Reserves: Managing foreign exchange reserves to uphold market confidence in monetary policies.
About the RBI Internship 2025
The Research Internship Scheme at the Reserve Bank of India (RBI) offers young individuals a chance to engage in cutting-edge research in central banking. This program is particularly suited for recent college graduates aiming to pursue a Ph.D. in Economics, Banking, Finance, or related fields, as well as for those seeking positions in government research institutions or financial organizations that emphasize quantitative and analytical skills.
Eligibility Criteria for RBI Internship 2025
Open to College Students from Any Stream
- Department of Statistics and Information Management (DSIM):
- Postgraduate degree in Statistics, Econometrics, or Economics.
- B.E./B.Tech in Computer Science or MBA in Finance.
- Degrees in Data Science, B.E./B.Tech/B.Sc. in Computer Science, or M.Sc. in Applied Statistics, Data Science, and Data Analytics.
- Department of Economic and Policy Research (DEPR):
- Postgraduate degree in Economics, Banking, or Finance.
- MBA in Finance, B.Tech/B.E., or postgraduate degrees with a quantitative focus in Economics, Finance, or Statistical Science.
- Programming skills or the ability to learn them are essential.
- Financial Stability Department (FSD):
- Postgraduate degree in statistics, economics, econometrics, or finance.
- MBA with a specialization in finance or banking.
- International Department (ID):
- Postgraduate degree in Economics, Statistics, Finance, International Finance, International Trade, or MBA with a specialization in Finance, Banking, or International Relations.
Desirable Qualifications
Candidates should possess proficiency in applied econometrics and quantitative techniques. Familiarity with econometric software and knowledge of machine learning techniques (e.g., Stata, Eviews, Matlab, R, Gauss, Python, Tableau, and Power BI) are preferred. Demonstrating research experience is also advantageous.
This internship serves as an excellent opportunity for aspiring researchers to gain practical experience while contributing to significant economic and financial analyses within one of India’s most prestigious institutions.
Placement of RBI Free Winter Internship 2025
Placements would be in four departments of the RBI, namely the Department of Economic and Policy Research (DEPR), the Department of Statistics and Information Management (DSIM), the Financial Stability Department (FSD), and the International Department (ID). The details of these departments are given later in this document.
Application Process
The Application Process for the RBI Internship occurs twice a year, aligning with the Reserve Bank of India’s needs. Internships begin either on January 1 or July 1 of the respective year. The application window opens during the first five months of the preceding half-year. For example, applications for internships starting on January 1 will be accepted from July to November of the previous year and reviewed in December. Conversely, applications for internships starting on July 1 will be accepted from January to May and evaluated in June.
Candidates’ applications are valid only for the specific batch they applied for (either January or July) and will not be considered for subsequent batches. Those who were not selected must reapply when the application window opens for the next intended batch.The selection process involves shortlisting candidates based on their CV, references, and statement of purpose, followed by personal interviews. Interested candidates should send their CV, references, and statement of purpose along with a completed application form to the designated department’s email address.Incomplete applications or those lacking a CV, references, or statement of purpose may be rejected. References should ideally come from faculty members of the applicant’s college or institution.
Stipend and Support
Interns will receive a stipend of ₹45,000 per month. The RBI provides office space, internet connectivity, and other support facilities. Interns are entitled to 12 days of leave over six months (calculated on a pro-rata basis), with any absence beyond this considered leave without compensation. Interns must arrange their own accommodation.
Duration
The internship lasts for six months but may be extended for another six months based on unit needs and intern performance. Exceptional performers may qualify for further extensions, potentially allowing a total internship duration of up to two years, with renewals every six months.Interns must complete the initial six-month period, and if they choose to terminate early, they are required to provide at least one month’s notice. Failure to serve this notice results in a penalty equivalent to one month’s stipend.The internship is based in Mumbai, India. The Reserve Bank reserves the right to terminate the internship with one month’s notice without providing any reason.
Selection Process
The Bank would select a maximum of 20 interns every year.
Placements would be in four departments of RBI namely DEPR / DSIM / FSD and ID.
Interested candidates as per their choice of area of research should apply directly to the concerned department at the address as mentioned below with CV, References and Statement of Purpose.
Candidate will be shortlisted by the Reserve Bank based on their CV, References and Statement of Purpose and will be called for personal interview.
The details of each of the departments (DEPR / DSIM / FSD / ID) is mentioned below.
Work Experience
Not a pre-requisite.
How To Apply?
If you are an Interested Candidate You can apply For the RBI Free Winter Internship 2025 For College Students any Streamts click here