Research Internship in Mumbai | Financial Stability Department (FSD) and International Department (ID) Reserve Bank of India
Reserve Bank of India (RBI)
The Reserve Bank of India is the country’s central bank, responsible for monetary policy, financial stability and regulation of the banking system. Its Research Internship Scheme gives young researchers exposure to cutting-edge work in central banking, economics and finance.
Role
As a Research Intern in RBI’s Financial Stability Department (FSD) or International Department (ID), you will support research on either systemic risk and financial stability or international financial diplomacy and global regulatory cooperation, depending on your area of interest. FSD’s work focuses on identifying vulnerabilities and shocks in the Indian and global financial system, including systemic risk analysis, interconnectedness of financial institutions, and stress testing. ID’s work focuses on international financial diplomacy, global regulatory standards and India’s engagement with institutions such as the IMF, BIS, FSB and G20. The internship runs for 6 months, extendable up to 2 years, and is based at RBI’s Mumbai office.
Responsibilities
- Assist and collaborate with RBI researchers on projects producing policy inputs and papers for publication in quality economics and finance journals
- Help compile accurate, timely data and apply analytical, statistical and econometric tools needed for research projects
- Take on opportunities to write research and policy articles as skills develop
- In FSD, support research on systemic risk, financial market interconnectedness and stress testing
- In ID, support research on international financial diplomacy, regulatory cooperation and relations with global institutions
Requirements
- Financial Stability Department - Postgraduate degree in Statistics, Economics, Econometrics
- International Department - Finance or in Economics, Statistics, Finance, International Finance or International Trade
- MBA with a specialisation in Finance or Banking (for FSD), or in Finance, Banking or International Relations (for ID), also considered
- Proficiency in applied econometrics and quantitative techniques is desirable
- Familiarity with econometric or statistical software such as Stata, Eviews, Matlab, R, Gauss, Python, Tableau or Power BI
- Knowledge of machine learning techniques and demonstrated research experience preferred
- No prior work experience required
Benefits
- Hands-on exposure to cutting-edge research in central banking, economics and finance
- Mentorship from RBI researchers
- Office space, internet connectivity and other support facilities provided
- Opportunity to contribute to papers targeted at quality economics and finance journals
- Possible extension up to a maximum of two years for strong performers
Apply
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Required Skills
Free. An aikyam friend reads it for you
- Tick off what your CV already shows for this role.
- Someone on our team reads the same CV and writes back with notes and the job application link.
If it isn’t a fit this time, we’ll still write back with whatever would help — usually a few changes worth making in your CV.
Impact Area
Financial Stability and International Economic Research
Location
Mumbai, Maharashtra
Job Type
internship
Experience Level
entry
Salary
Stipend ₹45,000 /month
Posted On
October 19, 2026
About the Company
Reserve Bank of India (RBI)
The Reserve Bank of India, established in 1935, is India’s central bank, responsible for monetary policy, banking regulation, currency management and …
Central Banking and Financial Regulation
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Greeshma