SBI Recruitment 2024 Check Posts, Salary, Qualification, Selection Process And How To Apply

SBI Recruitment 2024 Notification Out Economist Vacancies ,Check Eligibility at sbi.co.in

The State Bank of India (SBI) has announced a recruitment notification for the position of Economist in 2024. There are two vacancies available, with the job based in Mumbai. Applicants must be between 22 and 28 years old and hold a master’s degree in Economics or a related field with at least 60% marks. Preference will be given to candidates with a PhD or experience in relevant areas.

The role involves data analysis, model building, and preparation of reports. The salary is up to Rs. 18 lakhs. The application deadline is August 8, 2024. The application fee is Rs. 750 for General/EWS/OBC candidates, while SC/ST/PwBD candidates are exempt. Selection will be based on shortlisting and an interview. Candidates should apply online through SBI’s official website and keep their contact details active for further communication.

Qualification For SBI Recruitment 2024

• A master’s degree in Economics / Econometrics / Statistics / Applied Statistics / Mathematical Statistics / Mathematical Economics / Financial Economics, with a minimum of 60% marks or an equivalent grade from a recognized university/institute of repute.
• In case final certificate/marksheet is having CGPA or similar grading then Candidate have to bring conversion from CGPA to Percentage in Original from University. Any higher qualifications like PhD in Economics / Banking / Finance / Statistics / Mathematics will be given preference.
• No prior experience is required. However, the following skills is desirable:
• Excellent communication and writing skills.
• Exposure in Machine Learning, Data Analytics, Big Data etc. is considered a definite advantage.
• Knowledge of Statistical/Analytical Package like STATA, SAS, E-views, R etc. is mandatory.
• Knowledge in Mathematical/Statistical Model Building is mandatory.
• Knowledge of Databases like Bloomberg, Reuters, CEIC is desirable.

Key Responsibility Areas SBI Recruitment 2024

• Publication of Eco wraps as a primary Role.
• Preparation of Articles/Speeches/Background Papers for Chairman and Top Management.
• Support to Other SBI Departments (like SBI Annual Budget/Chairman Policy Guidelines/Q&A for SBI Results/Inputs for Capital Raising Exercise etc.).
• Preparing feedback/opinion for RBI/Government/ IBA, etc.
• Provide inputs & Prepares Background Papers for Chairman & Top Management, GCEA on various issues relating to Banking & Economy, representing SBI as industry voices.
• Publication of co-authored / self-research articles on subjects of mutual interest. This must be adequate in number and in refereed journal. Representing SBI in different platforms.

Job Profile For SBI Recruitment 2024

• Undertaking collection, compilation, analysis, and interpretation of data from various sources and performing statistical analysis involving Modern Statistical/Econometric models, empirical testing of data etc.
• Undertaking conceptual and methodological studies on various types of statistics relating to money and banking, prices, saving and investment, national accounts, index numbers etc.
• Designing and organizing of large-scale sample surveys etc. and analyzing it.
• Macro-econometric Model Building for Forecasting Economic and banking indicators etc.
• Contributing to Research Publications.

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Application fees For SBI Recruitment 2024

• Application fees and Intimation Charges (Non-refundable) is Rs 750/- (Rupees Seven Hundred Fifty only) for General/EWS/OBC candidates and no fees/intimation charges for SC/ ST/ PwBD candidates.
• After ensuring correctness of the particulars in the application form, candidates are required to pay the fees through payment gateway integrated with the application.
• No change/ edit in the application will be allowed thereafter.
• Fee payment will have to be made online through payment gateway available thereat.
• The payment can be made by using Debit Card/ Credit Card/ Internet Banking etc. by providing information as asked on the screen.
• Transaction charges for online payment, if any, will be borne by the candidates.
• On successful completion of the transaction, e-receipt and application form, bearing the date of submission by the candidate, will be generated which should be printed and retained by the candidate.
• If the online payment of fee is not successfully completed in first instance, please make fresh attempts to make online payment.
• A provision is there to reprint the e-Receipt and Application form containing fee details, at later stage.
• Application Fee once paid will NOT be refunded on any account NOR can it be adjusted for any other examination or selection in future.

Selection Process For SBI Recruitment 2024

• The selection will be on the basis of shortlisting and Interview.
• Shortlisting: Mere fulfilling the minimum qualification and experience will not vest any right to candidate for being called for interview.
• The shortlisting committee constituted by the Bank will decide the shortlisting parameters and thereafter, adequate number of candidates, as decided by the bank, will be shortlisted for interview.
• The decision of the Bank to call the candidates for the interview shall be final.
• No correspondence will be entertained in this regard.
• Interaction: Interaction will carry 100 marks. The qualifying marks in interview will be decided by the Bank.
• No correspondence will be entertained in this regard. CTC negotiation will also be a part of Interaction.
• Merit List: Merit list for selection will be prepared in descending order on the basis of scores obtained in interview only.
• In case more than one candidate score the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit.

General Information For SBI Recruitment 2024

• Before applying for the post, the applicant should ensure that he/ she fulfils eligibility and other norms mentioned above for that post as on the specified date and that the particulars furnished by him/ her are correct in all respects.
• Candidates belonging to reserved category including, for whom no reservation has been mentioned, are free to apply for vacancies announced for General category provided they must fulfil all the eligibility conditions applicable to General category.
• The applicant should ensure that the application is strictly in accordance with the prescribed format and is properly and completely filled.
• Engagement of selected candidate is subject to his/ her being declared medically fit as per the requirement of the Bank. Such engagement will also be subject to the service and conduct rules of the Bank for such post in the Bank, in force at the time of joining the Bank.
• Candidates are advised to keep their e-mail ID/mobile no. active for receiving communication viz. call letters/ Interview date advice etc.
• The Bank takes no responsibility for any delay in receipt or loss of any communication.
• Candidates serving in Govt./ Quasi Govt. offices, Public Sector undertakings including Nationalized Banks and Financial Institutions are advised to submit ‘No Objection Certificate’ from their employer at the time of interview, failing which their candidature may not be considered and travelling expenses, if any, otherwise admissible, will not be paid.
• In case of selection, candidates will be required to produce proper discharge certificate from the employer at the time of taking up the appointment.
• Candidates are advised in their own interest to apply online well before the closing date and not to wait till the last date to avoid the possibility of disconnection / inability/ failure to log on to the website on account of heavy load on internet or website jam. SBI does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of aforesaid reasons or for any other reason beyond the control of SBI.

SBI Recruitment 2024 Last Date to Apply Online at sbi.co.in

• Intimation/call Letter For Interview Will Be Sent By Email Or Will Be Uploaded On Bank's Website. No Hard Copy Will Be Sent
• Candidates should have valid email ID/Mobile phone number which should be kept active till the declaration of result. It will help him/her in getting call letter/Interview advises etc. by email or over mobile by SMS
• Candidates will be required to register themselves online through the link available on SBI website https://bank.sbi/careers/current-openings and pay the application fee using Internet Banking/ Debit Card/ Credit Card etc.
• Candidates should first scan their latest photograph and signature. Online application will not be registered unless candidate uploads his/ her photo and signature as specified on the online registration page (under ‘How to Upload Document”).
• Candidates should fill the application carefully. Once application is filled-in completely, candidate should submit the same. In the event of candidate not being able to fill the application in one go, he can save the information already entered. When the information/application is saved, a provisional registration number and password is generated by the system and displayed on the screen.
• Candidate should note down the registration number and password. They can re-open the saved application using registration number and password and edit the particulars, if needed.
• This facility of editing the saved information will be available for three times only. Once the application is filled completely, candidate should submit the same and proceed for online payment of fee. iv. After registering online, the candidates are advised to take a printout of the system generated online application forms.

Notification PDF for SBI Recruitment 2024

Notification PDF for SBI Recruitment 2024 is available. To access the official notification, click on the provided link. Additionally, the application link for SBI Recruitment 2024 is also provided

Click For The Official Notification

Application form for SBI Recruitment 2024