Overview – SBI Group Chief Economic Advisor Recruitment 2026
The SBI Group Chief Economic Advisor Recruitment 2026 notification has been officially released by State Bank of India (SBI) under the Specialist Cadre Officers (SCO) category on contract basis. This high-level strategic role is designed for senior economists with extensive experience in macroeconomic research, policy advisory, and financial sector analysis.
Through the SBI Group Chief Economic Advisor Recruitment 2026, SBI aims to appoint a top-tier economic expert who will provide strategic insights on domestic and global economic trends, monetary policy, and financial markets. The selected candidate will lead the Economic Research Department at SBI Corporate Centre, Mumbai.
As per official notification CRPD/SCO/2026-27/01 , the position offers annual CTC up to ₹2 crore, making it one of the highest-paying economist roles in the Indian banking sector.
Candidates interested in SBI Group Chief Economic Advisor Recruitment 2026 should carefully review eligibility criteria, selection process, and application procedure before submitting the online application.
Important Dates – SBI Group Chief Economic Advisor Recruitment 2026
| Event | Date |
|---|---|
| Notification release date | 13 April 2026 |
| Online application start date | 13 April 2026 |
| Last date to apply online | 04 May 2026 |
| Last date for fee payment | 04 May 2026 |
| Interview date | To be notified |
| Result date | To be notified |
If interview schedule is not announced yet, applicants should regularly check SBI careers website for updates.
Vacancy Details – SBI Group Chief Economic Advisor Recruitment 2026
| Post Name | Total Vacancy | Category | Nature of Employment |
|---|---|---|---|
| Group Chief Economic Advisor (GCEA) | 01 | UR | Contractual |
Additional vacancy details:
- Contract duration: 3 years (extendable up to 5 years total)
- Job location: Mumbai (indicative)
- Nature of engagement: Contract basis
- Transfer policy applicable across SBI offices if required
The number of vacancies is provisional and may change depending on organizational requirements.
Eligibility Criteria – SBI Group Chief Economic Advisor Recruitment 2026
Age Limit
- Minimum age: 55 years
- Maximum age: 62 years
- Cut-off date for age calculation: 31 March 2026
Educational Qualification – SBI Group Chief Economic Advisor Recruitment 2026
Mandatory Qualification
Candidates must possess:
Master’s degree in Economics with specialization in:
- Monetary Economics
- Financial Economics
- Econometrics
Degree must be obtained from recognized Indian or foreign university
Preferred Qualification
Doctorate (PhD) in:
- Money
- Banking
- International Finance
Experience Requirement – SBI Group Chief Economic Advisor Recruitment 2026
Candidates must have minimum 15 years of post-qualification experience as:
- Economist in commercial bank
- Economist in financial institution
- Economist in reputed corporate organization
- Lecturer or Professor in Economics
- Combination of academic and industry economist experience
Preferred experience profile:
- participation in economic forums
- contribution to reputed economic publications
- macroeconomic research expertise
- policy advisory exposure
Experience proof documents required:
- experience certificate
- appointment letter
- relieving letter
- IT returns
- performance appraisal records
Job Profile – SBI Group Chief Economic Advisor Recruitment 2026
The Group Chief Economic Advisor (GCEA) will function as the principal economic expert of State Bank of India.
Key responsibilities include:
- provide strategic economic insights to SBI top management
- analyse macroeconomic developments and global financial trends
- evaluate monetary policy and fiscal developments
- prepare economic outlook reports for internal decision making
- support business strategy and treasury operations
- provide economic forecasts for risk management decisions
- represent SBI in economic policy discussions and industry forums
- lead and guide economic research team of the bank
KRAs (Key Responsibility Areas) will be assigned after joining.
Selection Process – SBI Group Chief Economic Advisor Recruitment 2026
Selection stages include:
Shortlisting
Candidates will be shortlisted based on qualification and experience. Meeting minimum eligibility does not guarantee interview call.
Interview
- interview carries 100 marks
- qualifying marks determined by SBI
CTC Negotiation
Salary negotiation will be conducted with candidates based on:
- experience
- current compensation
- suitability for role
Final Merit List
Final selection based on interview marks.
Tie-breaking rule:
candidate with higher age will be ranked higher in merit list.
Salary Details – SBI Group Chief Economic Advisor Recruitment 2026
| Component | Details |
|---|---|
| Annual CTC | up to ₹2 crore |
| Pay structure | 90% fixed + 10% variable |
| Annual increment | up to 10% |
| Leave entitlement | 30 days per financial year |
| Notice period | 3 months |
| Performance evaluation | half yearly |
Variable pay structure:
| Performance Score | Variable Pay Eligibility |
|---|---|
| 99–100% | 100% variable pay |
| 97–98.99% | 90% variable pay |
| 94–96.99% | 80% variable pay |
| 90–93.99% | 70% variable pay |
| Below 90% | Nil |
Variable pay depends on achievement of KRAs and performance appraisal.
Contract Period – SBI Group Chief Economic Advisor Recruitment 2026
Initial contract duration:
3 years
Contract may be extended for additional 2 years based on performance and mutual agreement.
Maximum total contract duration:
5 years
Contract can be terminated by either party by giving 3 months notice or salary in lieu thereof.
Application Fee – SBI Group Chief Economic Advisor Recruitment 2026
| Category | Application Fee |
|---|---|
| General / OBC / EWS | ₹750 |
| SC / ST | No fee |
Application fee is non-refundable under any circumstances.
Application Process – SBI Group Chief Economic Advisor Recruitment 2026
Candidates must apply online through SBI careers portal.
Step-by-step process:
- Visit official careers website
https://sbi.bank.in/web/careers/current-openings - Locate advertisement number:
CRPD/SCO/2026-27/01 - Register using valid email ID
- Upload required documents
- Pay application fee online
- Submit application form
- Download and print application form for future reference
No hard copy application needs to be sent to SBI.
Documents Required – SBI Group Chief Economic Advisor Recruitment 2026
Candidates must upload following documents:
- recent passport size photograph
- signature
- resume
- ID proof
- PAN card
- educational certificates
- experience certificates
- salary slip or Form 16
- No objection certificate (if applicable)
- biodata and CTC format document
Document upload specifications:
- file format: PDF (except photograph and signature)
- max size: 500 KB
- photo size: 20–50 KB
- signature size: 10–20 KB
Important Official Links – SBI Group Chief Economic Advisor Recruitment 2026
Apply online:
https://sbi.bank.in/web/careers/current-openings
Official notification PDF:
https://sbi.bank.in/documents/77530/57941334/13042026_FINAL++ADVT+GCEA.pdf
Official email ID:
crpd@sbi.co.in
Contact page:
https://sbi.bank.in/web/careers
Importance of the Role – SBI Group Chief Economic Advisor Recruitment 2026
The SBI Group Chief Economic Advisor Recruitment 2026 offers an opportunity to contribute at the highest level of economic strategy within India’s largest public sector bank.
The role influences:
- national economic outlook analysis
- financial strategy development
- banking sector policy interpretation
- macroeconomic risk management
- global financial trend forecasting
This position directly supports top management decision making and plays a critical role in shaping economic strategy for the banking sector.
Who Should Apply – SBI Group Chief Economic Advisor Recruitment 2026
Ideal candidates include:
- senior economists working in banking sector
- professionals working in financial institutions
- academic economists with research publications
- policy advisors with macroeconomic expertise
- professionals with experience in monetary policy analysis
Candidates with strong analytical ability and strategic thinking background are encouraged to apply.
Preparation Guide – SBI Group Chief Economic Advisor Recruitment 2026
Preparation areas:
technical knowledge:
- macroeconomics
- econometrics
- monetary policy
- financial economics
- global economic trends
professional preparation:
- economic forecasting skills
- policy interpretation ability
- financial market understanding
- leadership communication skills
interview preparation:
- strategic thinking capability
- research experience discussion
- macroeconomic policy views
- analytical problem solving approach
Salary Insight – SBI Group Chief Economic Advisor Recruitment 2026
The salary offered in SBI Group Chief Economic Advisor Recruitment 2026 is among the highest compensation packages offered in PSU banking sector.
Benefits include:
- high executive level salary
- performance linked incentive structure
- strategic leadership exposure
- national level policy impact
- long term career credibility
Frequently Asked Questions – SBI Group Chief Economic Advisor Recruitment 2026
What is the last date to apply for SBI Group Chief Economic Advisor Recruitment 2026?
Last date to submit online application is 04 May 2026.
How many vacancies are available in SBI Group Chief Economic Advisor Recruitment 2026?
There is 1 vacancy for Group Chief Economic Advisor post.
What is the salary offered under SBI Group Chief Economic Advisor Recruitment 2026?
Annual CTC can go up to ₹2 crore depending on experience and negotiation.
Is prior experience mandatory for SBI Group Chief Economic Advisor Recruitment 2026?
Yes, minimum 15 years relevant experience as economist is required.
What is the selection process for SBI Group Chief Economic Advisor Recruitment 2026?
Selection includes shortlisting, interview and CTC negotiation.
Is application fee refundable?
No, application fee is non refundable.
Where will the posting location be?
Suggested posting location is Mumbai.
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Final Thoughts – SBI Group Chief Economic Advisor Recruitment 2026
The SBI Group Chief Economic Advisor Recruitment 2026 is a rare opportunity for experienced economists to work at leadership level in India’s largest public sector bank.
With attractive compensation, strategic responsibilities, and opportunity to influence financial policy decisions, this role is ideal for highly experienced professionals in economics and financial research.
Applicants are advised to carefully review eligibility conditions and submit applications well before deadline to avoid last minute technical issues.
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