The Reserve Bank of India Scholarship Scheme for Faculty Members from Academic Institutions supports full-time faculty members in Indian universities and colleges to undertake short-term research projects in banking, finance, and economics. The program provides faculty with resources and time to deepen their expertise and contribute new insights to these fields. It also strengthens the interface between academia and policy-making institutions like the RBI.

Open to regular faculty members employed in Indian academic institutions. Applicants must have at least three years of teaching experience. There are no income or mark-based conditions. The scheme is open across disciplines but prioritizes research proposals aligned with RBI’s core areas such as monetary policy, financial stability, and economic development.

Applicants must submit a detailed research proposal, a letter of support from their institution, and a curriculum vitae through the official RBI portal. The proposal should clearly state the research question, methodology, expected outcomes, and relevance to RBI’s work. Only online applications are accepted; offline submissions are not considered.