Rahul Rana · AIR 4
Selected · RBI Grade B (DR) General 2026
MockMentor programme: RBI Grade B Super Elite 2026 + Paid Interview Guidance Program 2026
- Interview: 58 (Joint 3rd Highest)
Marks
- Interview: 58 / 75
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Rahul Rana's feedback
Rahul Rana
Sir, you played the biggest role in my selection in RBI Grade B this year. Although I took guidance from other institutes along the way, it was your content and mentorship that I relied on the most.
Prelims and Phase 1:
Mockmentor’s fortnightly magazines (the PIB & Misc Capsule, Reports, Schemes in News, and RBI & SEBI Circulars) were truly comprehensive. After reading them, I attempted almost every test in the GA & Current Affairs MCQ package, which sharpened my revision and understanding.
Phase 2:
I revised Finance & Management concepts through your MCQs also. For the descriptive paper, I practised writing answers in real time on Mockmentor’s exam-like interface. This taught me to build answers on unfamiliar topics from known concepts and data. It also trained me to write within the time limit, which proved especially valuable given this year’s changed descriptive pattern. The feedback on my answers helped me fix my shortcomings.The highlighted PIB news, Business Standard articles, and reports you provided also saved me a great deal of time.
Interview:
I cannot adequately put your guidance into words. Since this was my first interview, your preparation helped me avoid costly mistakes. The way you helped me structure my biodata narrowed the directions the interview could take. Your questionnaires broadened my thinking and prepared me for a wide variety of questions, and the mock interview feedback exposed my weaknesses and taught me to frame answers better and handle opinion-based questions with confidence.
When things go right, we rarely imagine what could have gone wrong. Competitive exams are highly unpredictable, and countless things can derail a selection. I am deeply grateful for your support and guidance, and this would not have been possible without you.
Thank you once again for everything.
RBI Grade B interview transcript
Interview on 9th Oct, 2026 Chennai
I was 10th to go in the day. Total candidates for the day were 13.
There were 6 panelists. Two female and 4 male including chairman.
F1 – F2 – M1 – Chairman – M3 – M4
Chiar started with- How are you? How was your lunch?
Chairman: Tell us about your branch.
I: Told about the salt production, fishing and agriculture as the primary activities in the branch area.
Chairman: You told about the economics of the branch area. Tell us about the business of your branch.
I: Told about the exact business of the branch with numbers for deposits and loans.
Chairman asked 1st madam (F1) to ask question
F1: What do you understand by internationalisation of the rupee?
I: answered
F1: What are the benfits and risk of internationalisation of rupee?
I: Told about the benefits only.
M1 told to tell about the risks also.
I: The first thing coming in my mind that time was exchange rate risk. But hesitated to answer and told that I am not able to think.
F1: What kind of books do you read?
I: read Self-help books and gave the reason
F1: Don’t you read fiction?
I: told that I don’t read fiction
F1: What is your opinion on loan waive-off?
I: Told that i consider announcement of loan waive off (which will actually happen in future) as more dangerous. Gave examples of education and agri loans to explain my logic.
F1: But agricultural loan waive-offs affect NIM of the bank?
I: agreed with her. Then told that it is our social responsibility to support farmers as a public sector banker. We love when farmers pay the loan, but considering farmers’ distress I think they should be supported when they could not pay.
F2: How do you see financial stability of a bank?
I: answered about various metrics including CAR, LCR, GNPA, etc
F2: How does this affect the financial stability of the system as a whole? (framed very differently)
I: could not understand this question. I gave some answer. Madam was not convinced but she also knew she did not frame the question properly as she struggled to speak hindi fluently. So she stopped asking after this. (My analysis of the question after the interview- she was asking about systemic risk- when one bank fails how it affects other banks)
M4: What is due diligence?
I: answered in technical terms
M4: If you are doing proper due diligence then why mule accounts are rising?
I: answered that due diligence while opening account cannot ensure legitimate transaction in the account in all future, so we do transaction monitoring.
M4: How do we identify and detect mule accounts?
I: told the use of AI. Then explained the rationale of suspicious transaction with examples.
M4: What has RBI done in this?
I: told about Mulehunter.AI
M4: What are the risks associated with AI in the banking?
I: answered about concentration risk and data accuracy risks.
M4: Can banks freeze accounts?
I: told yes but mentioned order from cyber crime departments as well.
M4: Do banks freeze account or mark lien?
I: told sorry sir, banks mark lien on the specific concerned amount. Gave reference of supreme court order also.
M3- the most grilling member in the panel?
M3: You told your branch has more loans than deposits? How is your branch doing this?
I: answered high CD ratio has been maintained as funds are provided from the head office.
M3: What is this process called?
I: I was thinking until he himself told “is this called transfer pricing”? I told yes (I was not sure on this)
M3: For what reason IOB went into PCA? How it came out of PCA?
I: answered very high NPAs led to inclusion in PCA.
M3: What are the other reasons?
I: told that there are 3-4 reasons. I have read them but not able to remember at present.
M3: explain the data accuracy risk you mentioned?
I: told the data on which AI model is trained decides its effectiveness.
M3: How will AI model calculate Probability of Default (PD)?
I: answered- past history.
M3: We calculate PD, and then we keep capital aside? What is this process called?
I: This is called Expected Credit Loss framework.
M3: What is expected credit loss framework?
I: answered in technical terms and compared it with incurred loss framework.
M3: ECL is x*y*z. What are x, y and z?
I: answered
M3: How you compare two banks?
I: told about the different perspectives of an investor and a regulator. Answered metrics such as RoA, RoE, CAR, liquidity and solvency ratios.
M3: What is CAR?
I: answered technical definition.
M3: When there is CAR then why do we need LR?
I: told the difference in their calculation which is risk-weight dependency.
M3: What difference arises on using risk weight in calculation?
I: told that risk weight calculation can be wrong. Risk weight accuracy depends on the data used for assessment. So we need to keep capital aside irrespective of the risk weights.
M3: But RBI provides risk weights to banks. Then what is the issue?
I: told that RBI provides freedom to calculate PD, EAD and LGD under Advanced Internal Rating based approach in credit risk. (He was very impressed. I think he was not expecting that I would be able to answer this question).
M3: If RBI has increased Repo rate? How will it affect bond yields?
I: explained the mechanism.
M3: And how will this affect profitability of banks?
I: Told about the unrealized losses because of MTM valuation of existing govt securities.
Chairman makes an entry now.
Chair: What is market risk?
I: answered technical definition.
Chair: What is Interest Rate Parity?
I: answered
Chiar: How does rates decide flow of capital?
I: explained the mechanism of carry trade.
M3 Intervenes- He is not over and still wants to grill.
M3: What is the present US bond yield now? Is it 7.2% (misleading me)
I: No sir, Indian gov sec offers 7.2% bond yield now.
M3: What is the number for US bond Yield?
I: answered 5.2% (He had a big smile on listening this which made me thought that I had answered wrongly) - I checked later and found it was correct.
Chair: So why can’t a foreign investor borrow $100 million from US and invest it in India to gain 2%? This is easy profit?
I: Investors look for risk-adjusted returns and not simply returns.
Chair: What are the risks involved?
I: answered crude oil led imported inflation risks, increasing fiscal debt risk.
Chair: What are the other risks?
M3- “Aap main point to bata hi nhi rahe ho”
I: answered currecy depreciation risk.
M3- “yahi to pooch rahe the”.
Chair: What is yield to maturity?
I: gave the technical definition.
Chair: What is the formula for YTM?
I: started answering - Annual coupon …….. Chairman interrupts.
Chair- “kaha se padha ye investopedia se… chat gpt se?”
I: Don’t remember now where i read it.
Chair- “ finance ki textbooks mei aisa koi formula nhi hota hai”?
Chair: What is Discounted cash flow and its formula?
I: first told that I don’t know it in depth. Then answered the technical definition and gave the formula also.