The Reserve Bank of India (RBI) has released an exciting recruitment notification for two prestigious leadership positions at The Centre for Advanced Financial Research and Learning (CAFRAL).
Applications are invited for the posts of Director and Senior Adviser at CAFRAL. This opportunity is ideal for experienced professionals and policy researchers looking to lead and influence India’s financial research ecosystem.
Overview of CAFRAL Recruitment 2025: Director and Senior Adviser Posts
CAFRAL was established by the Reserve Bank of India (RBI) in 2011 as a premier independent institute focused on advanced research and learning in areas like macroeconomics, international economics, banking, and finance. Over the years, CAFRAL has played a crucial role in enhancing technical capacity and leadership competencies across the Indian financial sector.
For 2025, RBI’s Search-cum-Selection Committee (SSC) is inviting applications for two critical positions: Director and Senior Adviser. Both roles offer a unique chance to contribute to policy formulation, capacity building, and academic excellence in India’s financial research landscape.
Eligibility Criteria for CAFRAL Director Recruitment 2025
Educational Qualification:
- A PhD in Economics or Finance from a recognized university.
Experience Requirements:
- Minimum 25 years of excellence in research and/or teaching (including PhD years).
- Proven track record in institution building and leading reputed research organizations.
- Strong publication record in areas like macroeconomics, banking, and finance.
- Ability to lead, motivate and mentor high-quality academic and research teams.
Age Limit:
- Maximum 62 years as of 1st July 2025.
Term of Appointment:
- 5 years (subject to annual performance review).
Compensation:
- Best in the industry, as per RBI norms.
Eligibility Criteria for CAFRAL Senior Adviser Recruitment 2025
Educational Qualification:
- At least a Master’s degree (preferably PhD) in Economics or Finance.
Experience Requirements:
- Minimum 25 years in policy research, academia, or teaching.
- Strong academic publication record in banking, finance, or macroeconomics.
- Experience in institution building and mentoring research teams.
- Should be capable of guiding policy research and coordinating with senior RBI management.
Age Limit:
- Not exceeding 62 years as of 1st July 2025.
Term of Appointment:
- 5 years, subject to satisfactory annual review.
Compensation:
- Industry competitive, aligned with RBI standards.
Roles and Responsibilities at CAFRAL: Director and Senior Adviser
Director, CAFRAL Responsibilities:
- Overall CEO-level leadership of CAFRAL.
- Shape and execute the vision and mission of the institute.
- Attract and retain top research talent.
- Foster high-impact policy research relevant to India’s financial sector.
- Represent CAFRAL on national and international platforms.
Senior Adviser, CAFRAL Responsibilities:
- Assist the Director in strategic leadership and vision building.
- Mentor faculty and research teams.
- Facilitate policy research collaborations with RBI and other stakeholders.
- Guide learning programs and events at CAFRAL.
CAFRAL Recruitment 2025: Application Process
Eligible candidates can apply for the CAFRAL Director and Senior Adviser Recruitment 2025 by 21st July 2025.
Steps to Apply:
- Prepare your detailed Curriculum Vitae (CV) in the prescribed format.
- Include a statement of intent/vision for CAFRAL.
- Submit applications via email or hard copy by post.
Email Submission:
- Email your application to: cafralssc2025@rbi.org.in
Postal Submission Address:
The CAFRAL Search-cum-Selection Committee – 2025,
c/o Corporate Strategy & Budget Department,
Central Office, Reserve Bank of India,
Main Building, 2nd Floor, Shahid Bhagat Singh Road, Mumbai – 400001.
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Important Dates – CAFRAL Director and Senior Adviser Recruitment 2025
| Event | Date |
|---|---|
| Notification Release | June 24, 2025 |
| Last Date to Apply | July 21, 2025 |
Important Links – Apply for CAFRAL Director and Senior Adviser 2025
| Resource | Link |
|---|---|
| Official RBI Notification PDF | Click Here |
| Application Format PDF | Click Here |
| RBI Official Website | www.rbi.org.in |
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Selection Process for CAFRAL Recruitment 2025
The Reserve Bank of India (RBI) has constituted a Search-cum-Selection Committee (SSC) for this recruitment.
Selection Highlights:
- The SSC may shortlist candidates, relax eligibility criteria for outstanding applicants, and even fill positions by invitation.
- Selection will focus on academic excellence, leadership capability, and institution-building experience.
- Confidentiality will be maintained throughout the process.
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Key Points to Remember for CAFRAL Recruitment 2025
- The opportunity is for India’s top economic thinkers and researchers.
- Ensure your application includes a strong vision statement for CAFRAL’s future.
- Double-check the eligibility criteria and submit your application well before 21st July 2025.
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