RBI Drives Academic Excellence: Professors Target ₹1,25,000 Through New Initiative to Write Finance Books in Hindi
The Reserve Bank of India (RBI) has introduced a significant new scheme aimed at boosting original research and academic literature in the specialized fields of Economics, Banking, and Finance. With a strategic focus on regional scholarly development, the RBI is actively encouraging the creation of high-quality books written in Hindi.This initiative targets the dedicated members of academia, offering substantial financial incentives for those who successfully complete their works. The scheme underscores the RBI's commitment to disseminating specialized financial knowledge across various linguistic audiences.
Key Incentives and Eligibility Criteria
The scholarship is specifically designed for working and retired Professors from UGC recognized Indian Universities. This includes faculty members at all levels, such as Assistant Professor and Associate Professor.Under this generous initiative, three prizes are available, with each prize set at ₹1,25,000.00 (One lakh twenty-five thousand). These funds are awarded to academics who write original books pertaining to subjects related to Economics, Banking, or Finance in the Hindi language. The scheme encourages specialized and deep academic contributions to the sector.
Application Process and Submission Guidelines
Interested academicians must submit their nominations following specific procedures outlined by the RBI. All materials must include copies of the completed books along with necessary documentation.The formal submission process requires all concerned parties to address their nomination to the Chief General Manager of the Reserve Bank of India's Rajbhasha Department. The Central Office is located at C-9, 8th Floor, Bandra Kurla Complex, Mumbai - 400 051.
Academics are given until August 31, 2026, before 05.00 PM to submit their complete applications. All details regarding the scheme can be found in the associated annexure provided by the RBI.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.