SBI Group Chief Economic Advisor Recruitment 2026: Apply Online for 1 Post

This SBI Group Chief Economic Advisor opening is a niche executive-level banking recruitment, not a general economist vacancy with broad-fit eligibility. The Bank has advertised 1 contractual post, the official CTC can go up to Rs 2 crore annually, and online applications are open from 13 April 2026 to 04 May 2026. If your profile combines serious economics credentials with institutional decision-support experience, this is worth reading carefully; otherwise, it is easy to overestimate your fit just because the role title sounds prestigious.

Read this if: you are a senior economist with deep work in macroeconomics, financial economics, econometrics, banking strategy, or institutional economic research, and you can support that with serious post-qualification experience in a bank, financial institution, reputed corporate organization, or economics teaching role.

You may skip this if: your profile is early-career, largely non-economics, or not backed by strong evidence of economist-level work. This is an executive-grade strategic role, and the minimum 15-year experience condition is a real filter, not a soft preference.

Group Chief Economic Advisor: SBI positions this as the Bank’s principal economic expert and the head of its Economic Research Department at Corporate Centre, Mumbai. The job profile covers macroeconomic analysis, monetary and fiscal assessment, internal outlook reports, support to business strategy, treasury and risk functions, and representation in economic forums where required.

In plain English, this is not just a research title. It is a top-level institutional economics role where communication quality, judgment, and the ability to translate economics into internal strategy matter as much as academic strength.

The official annual CTC range goes up to Rs 2.00 crore. SBI also states that the final CTC is negotiable depending on experience, current emoluments, and place of posting. The notified salary structure is 90% fixed pay and 10% variable pay, with annual increment from the second year onward of up to 10% subject to performance.

The contract period is 3 years and may be renewed for a further 2 years at SBI’s discretion, taking the total possible engagement up to 5 years. This is a high-value role, but its real appeal is not just the headline CTC. It is strongest for candidates who already operate at policy-facing or senior institutional economics level and want a major banking-side platform.

1. SBI will shortlist candidates based on eligibility, experience, and profile suitability.
2. Shortlisted candidates will be called for interview.
3. The interview carries 100 marks.
4. After the interview, CTC negotiation will be held.
5. Final selection is made from the merit list after successful CTC negotiation.

The official notification also says that if a selected candidate does not agree to the negotiated compensation, SBI may treat it as exit from the process and move to the next candidate in order of merit.

• Recent photograph
• Signature
• Brief resume in PDF
• ID proof
• PAN card
• Educational mark sheets and degree certificates
• Experience certificates or other authentic evidence supporting economist-level work experience
• Form-16, offer letter, or latest salary slip from current employer
• No Objection Certificate, if applicable
• Biodata and CTC negotiation format
• Any publication or forum-participation evidence you want ready in support of profile strength

The notice is unusually flexible on experience proof and allows multiple documentary routes, including employer certificates, appraisal letters, appointment and relieving letters, offer letter with IT returns, or other authentic evidence. That makes documentary quality especially important.

1. Open SBI Careers and visit the Current Openings page.
2. Find the Group Chief Economic Advisor advertisement under Advt. No. CRPD/SCO/2026-27/01.
3. Read the full notification carefully before registration.
4. Use the official apply online link and complete registration.
5. Fill all personal, academic, and experience details carefully.
6. Upload the required photograph, signature, resume, and supporting documents.
7. Pay the application fee online if applicable.
8. Submit the form and save the final application copy and fee receipt.

What is the last date for SBI Group Chief Economic Advisor Recruitment 2026?

The last date to apply online and pay the fee is 04 May 2026.

How many posts are available?

Only 1 post has been announced for Group Chief Economic Advisor.

Is this a regular SBI officer recruitment?

No. This is a contractual engagement.

What qualification is required?

You need a Master’s degree in Economics with specialization in Monetary Economics, Financial Economics, or Econometrics. A Doctorate in Money, Banking, or International Finance is preferred.

How much experience is required?

You need at least 15 years of relevant work experience as an Economist in a bank, financial institution, reputed corporate organization, academia, or a combination of economist and teaching roles.

What is the official salary for this post?

The official annual CTC range goes up to Rs 2 crore, and the final package is negotiable.

What is the selection process?

Selection is through shortlisting, interview, and then CTC negotiation.

Is the fee waived for PwBD candidates?

The official notification mentions fee waiver for SC and ST candidates. It does not list a PwBD fee waiver in this notice, so candidates should not assume that exemption unless SBI updates the recruitment page officially.