State Bank of India (SBI) Recruitment 2025

State Bank of India (SBI) has announced a new job vacancy for the post of Deputy Manager (Economist). This is an excellent career opportunity for job seekers. Check the eligibility, salary details, and vacancy information. Don’t miss this chance—apply now for the latest recruitment!

Last Date: Tue Oct 28 2025

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State Bank of India Recruitment 2025-26 (Advertisement No. CRPD/SCO/2025-26/12)
Recruitment of Specialist Cadre Officer on Regular Basis – Deputy Manager (Economist)

The State Bank of India (SBI) invites online applications from eligible Indian citizens for appointment to the post of Deputy Manager (Economist) on a Regular Basis in the Middle Management Grade Scale-II (MMGS-II). Candidates are advised to apply only after carefully reading and understanding all the details mentioned below.

Organization Details

Organization Name	State Bank of India (SBI)
Organization Name (Hindi)	भारतीय स्टेट बैंक
Department / Division	Central Recruitment & Promotion Department, Corporate Centre, Mumbai
Email	crpd@sbi.co.in

Post and Designation Details

Post Name (English)	Deputy Manager (Economist)
Post Name (Hindi)	उप प्रबंधक (अर्थशास्त्री)
Grade / Scale	MMGS-II (Middle Management Grade Scale-II)
Nature of Employment	Regular / Permanent Appointment (on probation as per Bank policy)

Vacancy and Location Information

Total Vacancies: 3
UR (Unreserved): 2
OBC: 1
PwBD (Visually Impaired – VI): 1 (Horizontal)

Place of Posting: Mumbai or anywhere in India, as per administrative requirement.

State: Maharashtra | Country: India

Pay Scale and Remuneration

Basic Pay / Scale of Pay	₹64,820–2,340/1–67,160–2,680/10–93,960
Allowances & Perks	Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), Provident Fund (PF), Contributory Pension Fund (NPS), Leave Fare Concession (LFC), Medical Facility, and Leave benefits as per Bank’s rules in force.

Important Dates

Opening Date for Online Registration & Payment of Fees	08.10.2025
Closing Date for Online Registration & Payment of Fees	28.10.2025
Date for Eligibility Assessment	01.08.2025
Advertisement Number	CRPD/SCO/2025-26/12

Eligibility Criteria

Educational Qualification (as on 01.08.2025)

Master’s Degree in Economics / Econometrics / Mathematical Economics / Financial Economics with at least 60% marks or equivalent grade from a recognized University / Institute of repute.
Higher qualification such as Ph.D. in Economics / Banking / Finance / Statistics / Mathematics will be preferred.

Experience (as on 01.08.2025)

Minimum 1 year post-qualification experience in Research and Analytics.
Experience related to Banking Industry or NBFC will be an added advantage.

Specific Skills Required

Excellent communication and writing skills.
Exposure in Machine Learning, Data Analytics, Big Data.
Knowledge of statistical/analytical tools such as STATA, SAS, E-views, R.
Mandatory knowledge of Mathematical / Statistical Model Building.
Familiarity with databases like Bloomberg, Reuters, CEIC is desirable.

Job Profile and Responsibilities

Collection, compilation, analysis, and interpretation of economic data from multiple sources.
Performing statistical and econometric analysis, empirical testing of data, and model building.
Conceptual and methodological studies on money, banking, prices, saving, investment, and national accounts.
Designing and organizing large-scale sample surveys, and analyzing data collected.
Macro-econometric model building for forecasting economic and banking indicators.
Preparation and publication of Eco Wraps, articles, and background papers for top management.
Support to various departments like Budget, Policy Guidelines, and Capital Raising exercises.
Providing feedback or opinions to RBI, Government, and IBA.
Publishing research articles and representing SBI in professional forums.
Note: Actual Key Result Areas (KRAs) will be assigned after joining.

Age Limit and Relaxation

Maximum Age (as on 01.08.2025)	30 years (for Unreserved category)
OBC (Non-Creamy Layer)	Relaxation of 3 years
PwBD (UR / EWS)	Relaxation of 10 years
PwBD (OBC)	Relaxation of 13 years

Note: Cumulative age relaxation will not be available under multiple categories.

Reservation Details

Reservation for PwBD candidates is horizontal and included in the overall vacancies.
Vacancies including reserved ones are provisional and subject to change as per Bank’s requirement.
Candidates from OBC Creamy Layer are not eligible for OBC reservation.
OBC candidates must produce Non-Creamy Layer certificate issued between 01.04.2025 and the interview date.
Benefit of reservation/relaxation is applicable only on submission of valid certificate issued by Competent Authority.
Only persons with benchmark disabilities (≥40%) are eligible under PwBD category as per RPwD Act, 2016.

Application Fees

General / EWS / OBC	₹750 (Non-refundable)
SC / ST / PwBD	No Fee

Fees to be paid online via Debit Card, Credit Card, Internet Banking, or UPI. Once paid, fees will not be refunded or adjusted.

Application Process

Visit SBI’s official career page and register online through the link available under Current Openings.
Upload photograph, signature, and required documents in prescribed formats.
Submit the completed application form and make the payment online.
Take a printout of the system-generated form and e-receipt for record.
No hard-copy of application or documents to be sent to the Bank.
Candidates must possess a valid email ID and mobile number till completion of the selection process.

Selection Process

Shortlisting: Based on eligibility and parameters decided by the Bank.
Interview: 100 marks. Qualifying marks will be decided by SBI.
Merit List: Prepared in descending order of interview scores. In case of tie, older candidate will rank higher.
Note: Only shortlisted candidates will be called for interaction/interview. Call letters will be sent via email or uploaded on Bank’s website.

Helpline and Contact Information

Email	crpd@sbi.co.in
Helpline Link	Use “Contact Us / Post Your Query” available on the SBI Careers page.
Issuing Authority	General Manager (RP & PM), SBI Corporate Centre, Mumbai
Notification Date	08 October 2025

Additional Important Information

Applications must be submitted online only; other modes are not accepted.
Candidates should ensure all details are correct; no correction window will be available after submission.
Appointment is subject to medical fitness, background verification, and reference checks.
Candidates with defaulted loans or adverse CIBIL reports are ineligible until issues are regularized.
Outstation candidates called for interview will be reimbursed economy class airfare or actual fare up to ₹10,000 (whichever is lower).
Courts and Tribunals in Mumbai shall have exclusive jurisdiction for disputes.
Bank reserves the right to cancel or modify recruitment at any stage without assigning reason.
Suppression of material facts or providing false information will lead to disqualification or termination.
Multiple applications: only the last valid application will be considered; previous fees forfeited.