State Bank Of India (SBI) Recruitment 2016

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State Bank Of India (SBI) released Notification Regrading SBI Direct Recruitment 2016 . State Bank of India has broadcasted a newest vacancy notification titled as SBI Specialist Officer Recruitment. Online applications are invited by the organization to appoint accomplished and endowed contenders for the positions of Specialist Officer (SO) Cadre. Job seekers who wish to enhance their career in banking sector can apply for these latest jobs in bank. Aspirants may apply by submitting their online application form till the last date provided below. You can also get latest updates regarding SBI Specialist Officer Recruitment 2017 from this page. The details of State Bank Of India (SBI) Limited latest jobs alert Employment News, Careers, Vacancy, Syllabus, Interview Date, Interview Time, Admit Card, call Letter, Result, Merit List, etc.., Get more updates from

State Bank Of India (SBI) Direct Recruitment

Name of Post :   
Direct RecruitmentSpecial Cadre Officer :
Vice President- CRM Implementation
Vice President- Customer Analytic (Assets Products)
Vice President- (Technology Architect)

Qualification :  
Contenders who are willing to apply for SBI Specialist Officer Vacancies they must have graduation/ Post- Graduation in relevant field from recognized University/ Institutions. Applicants must have good academic records.

Also Read :

Age Limit : 
Applying candidates must meet age criteria according to above said posts. The relaxation in age may also be given to reserved category aspirants according to rules and regulation of government.

Pay Scale :
After selection the appointed contenders for SBI Jobs will get an exciting and inspiring amount of pay- scale from the organizations. 
Selection Process : 
The selection applicants will be done on the basis of presentation level in test/ interview which will be conducted by the selection authority of State Bank of India. So, appliers need to give their best in test/ interview for selection for SBI Specialist Officer Vacancies.

Also Read  : Interview Preparation Tips  

i) Candidates should satisfy themselves about their eligibility for the post applied for.
ii) Candidates serving in Govt./Quasi Govt. offices, Public Sector undertakings including Nationalised 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.
iii) In case of selection, candidates will be required to produce proper discharge certificate from the employer at the time of taking up the appointment.
iv) Candidates are advised in their own interest to apply online much 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.
v) 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.
vii) Candidates are advised to keep their e-mail ID alive for receiving advices, viz. call letters/ Interview date advices etc.
ix) Appointment of selected candidate is subject to his/her being declared medically fit as per the requirement of the Bank. Such appointment 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.
x) Any legal proceedings in respect of any matter of claim or dispute arising out of this advertisement and/or an application in response thereto can be instituted only in Mumbai and
courts/tribunals/ forums at Mumbai only shall have sole and exclusive jurisdiction to try any cause/dispute.

Application Fee :
Applicants have to pay a non refundable fee of Rs. 600 to apply for the job through online payment mode.

How to Apply :  
First of all you need to log on to official website of organization After that hit on Careers tab presented at the top of home page. Now go to “Latest Announcements” tab. After that you need to choose appropriate link and read complete details properly. After reading whole details hit on  Apply Online link. You need to fill SBI Specialist Officer Application form with correct details in exact manner. Upload images and other relevant documents/ certificates (if necessary). Recheck your filled application form and hit on “Submit” button. Take a print out of it for future use.

See More : Mumbai Jobs 

Important Dates to Remember :
Last date to submit application form : 20th July 2016

You may get other details about State Bank Of India (SBI) Direct Recruitment 2016 through this Official Notification.Interested aspirants can stay connected with web portal to achieve latest updates for State Bank Of India (SBI)

To Apply Online For State Bank Of India (SBI) Recruitment 2016

Also Read : Upcoming SBI Notifications

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About SBI
State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of 2014-15, it had assets of INR 20,480 billion (USD 310 billion) and more than 14,000 branches, including 191 foreign offices spread across 36 countries, making it the largest banking and financial services company in India by assets.
State Bank of India is one of the Big Four banks of India, along with ICICI Bank, Bank of Baroda and Punjab National Bank.
The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding, in 1806, of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Bank of Madras merged into the other two "presidency banks" in British India, Bank of Calcutta and Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1956.[9] Government of India owned the Imperial Bank of India in 1955, with Reserve Bank of India (India's Central Bank) taking a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the stake held by the Reserve Bank of India.
State Bank of India is a banking behemoth and has 20% market share in deposits and loans among Indian commercial banks.
The roots of the State Bank of India lie in the first decade of the 19th century, when the Bank of Calcutta, later renamed the Bank of Bengal, was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras (incorporated on 1 July 1843). All three Presidency banks were [ as joint stock companies and were the result of royal charters. These three banks received the exclusive right to issue paper currency till 1861 when, with the Paper Currency Act, the right was taken over by the Government of India. The Presidency banks amalgamated on 27 January 1921, and the re-organised banking entity took as its name Imperial Bank of India. The Imperial Bank of India remained a joint stock company but without Government participation.
Pursuant to the provisions of the State Bank of India Act of 1955, the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1 July 1955, the imperial Bank of India became the State Bank of India. In 2008, the Government of India acquired the Reserve Bank of India's stake in SBI so as to remove any conflict of interest because the RBI is the country's banking regulatory authority.
In 1959, the government passed the State Bank of India (Subsidiary Banks) Act. This made SBI subsidiaries of eight that had belonged to princely states prior to their nationalization and operatonal take-over between September 1959 and October 1960, which made eight state banks associates of SBI. This acquisition was in tune with the first Five Year Plan, which prioritised the development of rural India. The government integrated these banks into the State Bank of India system to expand its rural outreach. In 1963 SBI merged State Bank of Jaipur (est. 1943) and State Bank of Bikaner (est.1944).
SBI has acquired local banks in rescues. The first was the Bank of Bihar (est. 1911), which SBI acquired in 1969, together with its 28 branches. The next year SBI acquired National Bank of Lahore (est. 1942), which had 24 branches. Five years later, in 1975, SBI acquired Krishnaram Baldeo Bank, which had been established in 1916 in Gwalior State, under the patronage of Maharaja Madho Rao Scindia. The bank had been the Dukan Pichadi, a small moneylender, owned by the Maharaja. The new bank's first manager was Jall N. Broacha, a Parsi. In 1985, SBI acquired the Bank of Cochin in Kerala, which had 120 branches. SBI was the acquirer as its affiliate, the State Bank of Travancore, already had an extensive network in Kerala.
The new logo of the SBI was actually the aerial view of the Kankaria Lake in Gujarat.
There has been a proposal to merge all the associate banks into SBI to create a "mega bank" and streamline the group's operations.
The first step towards unification occurred on 13 August 2008 when State Bank of Saurashtra merged with SBI, reducing the number of associate state banks from seven to six. Then on 19 June 2009 the SBI board approved the absorption of State Bank of Indore. SBI holds 98.3% in State Bank of Indore. (Individuals who held the shares prior to its takeover by the government hold the balance of 1.7%.)
The acquisition of State Bank of Indore added 470 branches to SBI's existing network of branches. Also, following the acquisition, SBI's total assets will inch very close to the ₹10 trillion mark (10 billion long scale). The total assets of SBI and the State Bank of Indore stood at ₹9,981,190 million as of March 2009. The process of merging of State Bank of Indore was completed by April 2010, and the SBI Indore branches started functioning as SBI branches on 26 August 2010.
On 7 October 2013, Arundhati Bhattacharya became the first woman to be appointed Chairperson of the bank.
SBI provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). SBI has 14 regional hubs and 57 Zonal Offices that are located at important cities throughout India.
SBI has 18,354 branches in India. In the financial year 2012-13, its revenue was INR 200,560 Crores (US$36.9 billion), out of which domestic operations contributed to 95.35% of revenue. Similarly, domestic operations contributed to 88.37% of total profits for the same financial year.
Under the Pradhan Mantri Jan Dhan Yojana of financial inclusion launched by Government in August 2014, SBI held 11,300 camps and opened over 30 lakhs accounts by September, which included 21.16 lakh accounts in rural areas and 8.8 lakh accounts in urban areas.
As of 2014-15, the bank had 191 overseas offices spread over 36 countries having the largest presence in foreign markets among Indian banks.[7] It has branches in Singapore, Moscow, Colombo, Dhaka, Frankfurt, Hong Kong, Tehran, Johannesburg, London, Los Angeles, Male in the Maldives, Muscat, Dubai, New York, Osaka, Sydney, and Tokyo. It has offshore banking units in the Bahamas and Bahrain, and representative offices in Myanmar, Bhutan and Cape Town.
SBI has 7 retail banking branches in Singapore.
The Canadian subsidiary SBI Canada Bank (previously- State Bank of India (Canada) also dates to 1982. It has six branches, four in the Toronto area and two in the Vancouver area.
SBI operates several foreign subsidiaries or affiliates.
In 1990, it established an offshore bank: State Bank of India (Mauritius). SBI (Mauritius) has 15 branches in major cities/towns of the country including Rodrigues.State Bank of India Branch at Jaffna, Sri Lanka
SBI Sri Lanka now has three branches located in Colombo, Kandy and Jaffna. The Jaffna branch was opened on 9 September 2013. SBI Sri Lanka, the oldest bank in Sri Lanka, celebrated its 150th year in Sri Lanka on 1 July 2014.State Bank of India (S.B.I.) Branch at Tsim Sha Tsui, Hong Kong
In 1982, the bank established a subsidiary, State Bank of India (California), which now has ten branches – nine branches in the state of California and one in Washington, D.C. The 10th branch was opened in Fremont, California on 28 March 2011. The other eight branches in California are located in Los Angeles, Artesia, San Jose, Canoga Park, Fresno, San Diego, Tustin and Bakersfield.
In Nigeria, SBI operates as INMB Bank. This bank began in 1981 as the Indo-Nigerian Merchant Bank and received permission in 2002 to commence retail banking. It now has five branches in Nigeria.
In Nepal, SBI owns 49% of SBI Nepal (State Bank in Nepal) share with Nepal Government owing the rest and SBI NEPAL has branches throughout the country in each and every city as banking has become the major part of daily life for Nepalese people.
In Moscow, SBI owns 60% of Commercial Bank of India, with Canara Bank owning the rest.
In Indonesia, it owns 76% of PT Bank Indo Monex.
The State Bank of India already has a branch in Shanghai and plans to open one in Tianjin.
In Kenya, State Bank of India owns 76% of Giro Commercial Bank, which it acquired for US$8 million in October 2005.
In January 2016, SBI opened its first branch in Seoul, South Korea following the continuous and significant increase in trade due to the Comprehensive Economic Partnership Agreement signed between New Delhi and Seoul in 2009.
State Bank Of India (SBI) Recruitment 2016 State Bank Of India (SBI) Recruitment 2016 Reviewed by Ramesh Reddy on 03:09:00 Rating: 5
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