SBI Recruitment - Specialist Cadre Officer (Deputy Manager - Economist)

🏦 Specialist Cadre Officer (Deputy Manager - Economist) - SBI Recruitment 2025

S(caps) tate Bank of India (SBI), India's largest and most trusted bank, is inviting online applications from eligible Indian citizens for the position of Deputy Manager (Economist) on a regular basis. This is a prestigious opportunity for economics professionals to build a rewarding career at the heart of India's banking sector.

State Bank of India (SBI) is a Fortune 500 company and the largest public sector bank in India. With a rich legacy and a vast network spanning the entire country, SBI is at the forefront of the nation's economic growth. It is recognized for its innovation, customer-centric services, and as a benchmark in the banking industry. Recently, SBI was awarded the "Best Bank in India" for 2024 by Global Finance and has been a winner of the EASE Reforms citation. Joining SBI means becoming part of an institution that values excellence and offers a dynamic and progressive work environment.

Name of the Posts

[] Deputy Manager (Economist) - Middle Management Grade Scale-II (MMGS-II)

Status of Result

[] Not Declared

Total Number of Posts

[] Total Vacancies: 3 Posts

Category-wise Distribution
UR (Unreserved)	2 Posts
OBC	1 Post

PwBD Reservation (Horizontal): 1 post is reserved for Visually Impaired (VI) candidates within the total vacancies.

Age Requirement (as on 01.08.2025)

[] Maximum Age: 30 years for Unreserved candidates.

[] Age Relaxation

# OBC (Non-Creamy Layer): 3 years

# PwBD (UR/EWS): 10 years

# PwBD (OBC): 13 years

Salary

[] Pay Scale: ₹64,820 - 2,340/1 - 67,160 - 2,680/10 - 93,960

[] Emoluments: In addition to the basic pay, the officer will be eligible for 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 other perquisites as per the bank's rules.

Educational Qualifications (as on 01.08.2025)

A Master’s degree in Economics / Econometrics / Mathematical Economics / Financial Economics, with a minimum of 60% marks or an equivalent grade from a recognized university/institute of repute.

Preferred Qualification: Higher qualifications like a PhD in Economics / Banking / Finance / Statistics / Mathematics will be given preference.

Experience Requirement (as on 01.08.2025)

At least 1 year of post-qualification work experience in the relevant field of Research and Analytics.

Candidates with relevant experience in the Banking Industry & NBFCs will have an added advantage.

Important Information

The posting can be in Mumbai or anywhere in India based on administrative requirements.

[] Candidates must have a clear CIBIL record. Defaulters in loan repayments or credit card dues are not eligible.

[] The service will be governed by the Service Rules of SBI.

No request for a specific place of posting will be entertained.

Exam Processes The selection process consists of: Shortlisting of applications based on eligibility and other parameters. Interview for shortlisted candidates.
Selection Process [] The Bank will decide the shortlisting parameters. Merely fulfilling minimum criteria does not guarantee a call for an interview. [] The interview will carry 100 marks. The Bank will decide the qualifying marks. [] The final merit list will be prepared based on interview marks only. In case of a tie, older candidates will be ranked higher.
Types of Exams [] There is no written examination. The selection is based on Shortlisting and Interview only.
Syllabus & Pattern of Exam As there is no written test, candidates should be thoroughly prepared for an in-depth interview focusing on: [] Core economic concepts, econometrics, and model building. [] Current affairs related to the Indian and global economy and banking. Their specific research experience and skills mentioned in the resume.
Selection Stage	Type	Marks
Final Selection	Interview	100

Important Dates

[] Start Date for Online Application & Fee Payment: 8th October 2025

[] Last Date for Online Application & Fee Payment: 28th October 2025

[] Interview Date: To be announced later on the bank's website.

Registration Fee (Category-wise)

[] General / OBC / EWS candidates: ₹750/-

[] SC / ST / PwBD candidates: NIL

How to Apply: A Step-by-Step Guide

Visit the Official Website: Go to SBI
Find the Advertisement: Click on the advertisement CRPD/SCO/2025-26/12 for Deputy Manager (Economist).
Read Notification: Carefully read the complete official notification.
Click 'Apply Online': Start the registration process.
Register & Fill Form: Fill in the online application form with all required details. You can save the form and edit it (up to 3 times) before final submission.
Upload Documents: Upload your scanned photograph, signature, biodata, resume, ID proof, educational certificates, experience certificates, and caste/PwBD certificate (if applicable) in the prescribed formats and file sizes.
Pay Fee: Pay the application fee online (if applicable) via Debit/Credit Card, Net Banking, or UPI.
Submit & Print: After final submission, take a printout of the system-generated application form and e-receipt for future reference.