State Bank of India (SBI) Recruitment 2026

SBI Group Chief Economic Advisor Recruitment 2026

State Bank of India (SBI) has invited online applications from eligible Indian citizens for engagement of Specialist Cadre Officers on contract basis for the post of Group Chief Economic Advisor (GCEA). The post is based on contractual engagement and the suggested place of posting is Mumbai.

Important Dates

• Online Registration Start Date: 13.04.2026
• Last Date for Online Registration and Fee Payment: 04.05.2026
• Cut-off Date for Eligibility: 31.03.2026
• Advertisement Date: 13.04.2026

Eligibility Criteria

Educational Qualification

• Mandatory: Master's level degree in Economics with specialization in Monetary Economics, Financial Economics, or Econometrics from a recognized Indian or Foreign University / Institute
• Preferred: Doctorate degree in areas of Money, Banking, or International Finance from a recognized University

Post Qualification Experience

• Minimum 15 years of work experience as an Economist in a Commercial Bank, Financial Institution, or other reputed Corporate Organization
• Teaching experience as Lecturer / Professor in Economics in a College or University will also be considered
• Combined experience as an Economist and in teaching is acceptable
• Candidate should possess excellent communication skills supported by participation in various economic fora
• Contribution to leading publications will be an added advantage

Experience Verification

• Experience certificate issued by employer
• Annual performance appraisal letters
• Combination of appointment and relieving letters
• Combination of offer letter and IT returns
• Any other authentic documentary evidence, subject to satisfactory background and reference checks

Job Profile and Responsibilities

The Group Chief Economic Advisor is a strategic role and will serve as the Bank's principal economic expert. The selected candidate will head the Economic Research Department at SBI Corporate Centre, Mumbai and provide strategic inputs on national and global economic developments to the Bank's top management.

• Provide strategic economic insights to the Bank's top management
• Analyse macroeconomic trends, monetary policy, fiscal developments, and global economic conditions
• Prepare periodic economic outlook reports for internal decision-making
• Support business strategy, treasury operations, and risk management with economic forecasts
• Represent the Bank in economic forums, policy discussions, and industry interactions
• Guide the Bank's economic research team, if any
• KRAs will be assigned on joining
• The mentioned job profile is illustrative and additional roles may be assigned by the Bank from time to time

Selection Process

1. Shortlisting: Mere fulfilment of minimum qualification and experience will not entitle a candidate to be called for interview. The Bank's shortlisting committee will decide parameters and shortlist adequate candidates.
2. Interview: Interview will carry 100 marks. Qualifying marks will be decided by the Bank.
3. CTC Negotiation: Negotiation will be done in merit order. If a candidate does not agree to the negotiated CTC, it will be treated as voluntary exit from the recruitment exercise.
4. Merit List: Merit list will be prepared in descending order based on interview marks only.
5. Tie-Break Rule: In case of common cut-off marks, candidates will be ranked in descending order of age.
6. Final Selection: Top-most candidate in merit list with successful CTC negotiation will be selected.

Application Fees

• Fee is non-refundable
• Fee must be paid online through the integrated payment gateway
• Transaction charges, if any, will be borne by the candidate
• After successful payment, e-receipt and application form should be printed and retained
• If payment fails, candidate must make fresh attempts for payment
• Fee once paid cannot be adjusted for any future examination or selection

How to Apply

1. Visit the SBI Careers page
2. Open the current openings section
3. Scroll down and click on the relevant advertisement
4. Download Advertisement No. CRPD/SCO/2026-27/01 and read it carefully
5. Register online
6. Fill the application carefully
7. Upload photograph, signature, and required documents
8. Pay the application fee online
9. Submit the application
10. Take a printout of the final submitted application form

Documents Required

• Recent Photograph
• Signature
• Brief Resume (PDF)
• ID Proof (PDF)
• PAN Card
• Educational Certificates, Mark Sheets, Degree Certificate (PDF)
• Experience Certificates (PDF)
• Form-16 / Offer Letter / Latest Salary Slip from current employer (PDF)
• No Objection Certificate, if applicable (PDF)
• Bio-data and CTC Format (PDF)

Document Upload Rules

• All documents must be in PDF format except photograph and signature
• Document page size should be A4
• Document size should not exceed 500 KB
• Uploaded documents must be clear and readable
• Once uploaded and submitted, documents cannot be edited or changed

Photograph Rules

• Recent passport-size colour photograph
• Preferred dimensions: 200 x 230 pixels
• File size: 20 KB to 50 KB
• Light-coloured, preferably white background
• Face should be clearly visible
• Caps, hats, and dark glasses are not acceptable; religious headwear is allowed if it does not cover the face

Signature Rules

• Sign on white paper using black ink pen
• Preferred dimensions: 140 x 60 pixels
• File size: 10 KB to 20 KB
• Signature in capital letters will not be accepted

Salary, Leave, Increment and Notice Period

• Annual CTC: Up to Rs 2.00 crore
• CTC Nature: Negotiable based on experience, current emoluments, and place of posting
• Fixed and Variable Ratio: 90:10
• Variable Pay Eligibility: Subject to minimum 90% marks in performance appraisal
• Annual Increment: Up to 10% of finalized annual CTC from second year onward, subject to minimum 90% performance score
• Leave: 30 days during the financial year for genuine and appropriate reasons
• Notice Period: 3 months from either side or payment/surrender of 3 months' compensation in lieu thereof
• Call Letter: Interview intimation will be sent by email or uploaded on Bank's website; no hard copy will be sent

Reservation, Conditions and Important Notes

• The vacancy is provisional and may vary according to the actual requirement of the Bank.
• The educational qualification prescribed is the minimum qualification.
• Candidates belonging to reserved categories for whom no reservation is mentioned may apply under UR category if they fulfil UR eligibility conditions.
• Relevant experience certificate from employer must specifically mention experience in the required field.
• Bank reserves the right to cancel the recruitment process at any stage without assigning reasons.
• Candidates working in State Bank Group / Companies must produce No Objection Certificate from employer.
• Government, quasi-government, PSU, nationalized bank, financial institution, and SBI Group employees should submit NOC at the time of interview.
• Bank reserves the right to transfer the selected contractual officer to any office of SBI in India or depute to associates, subsidiaries, or other organizations depending on service exigencies.
• Requests for posting or transfer to a specific office may not be entertained.
• Candidates who have defaulted in repayment under lending arrangements with Banks, NBFCs, Financial Institutions, or credit cards and have not regularized or repaid dues before issuance of offer are not eligible.
• If CIBIL status is not updated before joining, candidate must get it updated or produce NOC from lender.
• Candidate must keep a valid and active email ID till declaration of result.
• Hard copy of application and other documents need not be sent to the office.
• Only the last valid completed application will be considered in case of multiple applications; fee paid for earlier applications will be forfeited.
• Outstation shortlisted candidates called for interview will be reimbursed travel fare for shortest route in India or actual travel cost in India, whichever is lower, subject to eligibility mentioned in call letter.
• Local taxi, cab, or personal vehicle expenses will not be reimbursed.
• If candidate is found ineligible, interview will not be permitted and travel fare will not be reimbursed.
• Selected candidate must be medically fit as per Bank requirements.
• Selected candidate must produce proper discharge certificate from employer at the time of joining.
• At the time of interview, candidate must disclose details of any pending criminal cases.
• The Bank may independently verify police records and other details.
• Suppression of material facts, false information, fraud, or impersonation may lead to cancellation, termination, debarment, and legal or criminal action.
• Legal proceedings related to this recruitment can be instituted only in Mumbai, and Mumbai courts, tribunals, and forums will have exclusive jurisdiction.
• The decision of the Bank regarding eligibility, interview, other tests, and selection will be final and binding.
• No correspondence will be entertained in this regard.
• The Bank is not liable for printing errors, if any.

Contact Information