State Bank of India
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Job Title :
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Specialist Cadre Officers
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Description :
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Specialist Cadre Officers on contract basis
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Eligibility :
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CA, ICWA, Engineering Graduate, BE/B.Tech, ME/M.tech,MCA
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Location :
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Anywhere in India
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No of Post :
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12
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Pay Scale :
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-
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Selection :
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Selection for the post will be by shortlisting and interview
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Last Date :
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19-May-2017
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Job Details:
RECRUITMENT OF SPECIALIST CADRE OFFICERS IN STATE BANK OF
INDIA ON REGULAR AND CONTRACT BASIS
ADVERTISEMENT NO. CRPD/SCO/2017-18/2
State Bank of India invites on-line applications from Indian citizens for appointment in following Specialist Cadre Officers post in State Bank of India. Candidates are requested to apply on-line through Bank's website https://www.sbi.co.in/careers/ongoing-recruitment.html
PLEASE NOTE THAT
1. A candidate may apply for more than 1 post separately under this project subject to fulfilling eligibility criteria.
2. The process of Registration of application is completed only when fee is deposited with the Bank through Online mode on or before the last date for fee payment.
3. Before applying, candidates are requested to ensure that they fulfill the eligibility criteria for the post as on the date of eligibility. Admission to on-line test will be purely provisional without verification of documents. Candidature will be subject to verification of details/documents when the candidate reports for interview.
4. Candidates are advised to check Bank's website www.statebankofindia.com or www.sbi.co.in for details and updates.
VACANCIES AND OTHER DETAILS IN RESPECT OF VARIOUS POSTS
AS DETAILED BELOW:
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Sr.
No. |
Position (Contractual Engagement)
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Category-wise vacancies
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AGE
(Years) as on 1.03.2017 |
Minimum Educational
Qualifications as on 01.03.2017 |
Experience as on 01.03.2017
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|||||||||
Gen
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OBC
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SC
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ST
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Total
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OH
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VI
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HI
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Min
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Max
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|||||
1
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Sales Head
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1
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1
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40
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52
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MBA/PGDM from reputed Colleges.
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= Minimum 15 Years of relevant work experience in financial
services, Investment advisory and Private banking
= Minimum Eight Years of Experience in Wealth Management = Should have managed large Management Team. = Excellent Knowledge of Equity Products, PMS, Mutual Funds and Advisory = Should have Exposure to CRM = Proven track record of High Performance and Leadership = Should have relevant work experience at a national level with large Wealth Management organisations = Should have managed a large team of relationship managers & Team Leads at a national level |
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2
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Products, Investments & Research Head
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1
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1
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40
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52
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Graduation / Post Graduation from the reputed Colleges.
Knowledge and Experience in Market Analytics and Pas- sion for Research in Economics trend and Products. |
= Minimum 15 Years of relevant work
experience in financial services,
Financial Product Development, Investment Advisory and Private Banking
= Minimum Eight Years of Experience in Wealth Management = Excellent Knowledge of Equity Products, PMS, Mutual Funds and Advisory = Experience in Product Development and Structuring for Private Wealth Clients = Experience in managing investment counsellors/ advisors at a national level with leading banks/ financial institutions |
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Sr.
No. |
Position (Contractual Engagement)
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Category-wise vacancies
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AGE
(Years) as on 1.03.2017 |
Minimum Educational
Qualifications as on 01.03.2017 |
Experience as on 01.03.2017
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|||||||||
Gen
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OBC
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SC
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ST
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Total
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OH
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VI
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HI
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Min
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Max
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|||||
3
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Operations Head
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1
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1
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35
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45
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MBA/PGDM from reputed College.
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Minimum 15 Years of Experience in financial services, investment advisory and private banking out of which minimum 8 years of experience in setting up and Managing Mid Office, Back Office and Branch Operations of Wealth Management set up.
Exposure on CRM platform for Wealth Management is preferred. Experience in handling trade and data for transactions across asset classes like equity, bonds, mutual funds and alternates. Should have managed a large operations team in Wealth Management business. |
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4
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Manager (Business Development)
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1
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1
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30
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40
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MBA/PGDM from reputed College/ University.
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Minimum 5 years of experience in Bank/Wealth Management firms/broking firms. Experience in business development in wealth management area.
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5
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Manager (Business Process)
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1
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1
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30
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40
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MBA/PGDM from reputed College/ University.
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Minimum 5 years of experience in Bank / Wealth Management firms / broking firms / Wealth management solution firms. Experience in business process management in wealth management area.
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6
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Central Research Team
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3
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1
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4
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30
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40
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MBA/PGDM from reputed College/ University.
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Minimum 5 Years of Experience in Fixed Income Research / MF Research / Equity and Derivative Research / Portfolio Analytics In Wealth Management Firm / Bank / AMC.
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7
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Acquisition Relationship Managers
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12
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5
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3
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1
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21
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22
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35
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Graduate from Government recognized University or
Institution.
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Minimum 2 years of
experience in acquisition of High Net Worth clients (Clients having a minimum Total Relationship Value
(TRV) of INR.20.00 lakh or more) in Wealth Management business with leading Public /Private / Foreign
Banks / Broking / Securities firms and other financial institutions.
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8
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Relationship Managers
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61
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32
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18
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9
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120
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2
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1
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1
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23
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35
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Graduate from Government recognized University or
Institution.
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Minimum 3 years of
experience as a Relationship
Manager in Wealth Management with leading Public /Private / Foreign Banks/Broking/Security firms. The candidate should have adequate experience in building and managing relationship with High Net Worth Clients (Clients having a minimum Total Relationship Value (TRV) of Rs.20.00 lakh). |
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9
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Relationship Manager (Team Lead)
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8
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4
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2
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1
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15
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25
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40
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Graduate from Government recognized University or
Institution.
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Minimum 4 years of experience as a Relationship Manager in Wealth Management Experience as a Team Lead
is preferred.
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10
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Investment
Counsellors |
15
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6
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3
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1
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25
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1
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23
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35
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Graduate/Post Graduate with AMFI/ NISM (Module V) certified from Government recog- nized University or
Institutions.
Candidates with CFP/ CFA/SEBI IA Certifications will be preferred. |
Minimum 3 years of experience as an Investment advisor / counselor / part of Product Team in Wealth
Management organization.
Following skills are preferred: = Good knowledge on investments and markets across asset classes = Experience in managing and advising client portfolios = Good knowledge on asset allocation and re-balancing techniques = Superior presentation skills & other core competencies like leadership and team work Experience in products of fixed income, equity & alternate markets. |
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11
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Customer Relationship Executives
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35
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17
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9
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4
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65
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1
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1
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20
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35
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Graduate from Government recognized University or
Institution
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= Experience in documentation requirements of financial products and
good communications skills would be desirable
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Last Date of
Application:
May 19, 2017.
Application Fee:
Application fees and Intimation Charges (Non-refundable) Rs.600/-for General and OBC candidates; Rs.100/- (Intimation charges only) for SC/ ST/PWD candidates.
Other Details :
1. ELIGIBLITY CRITERIA :
Candidate should fulfill the eligibility criteria
stipulated above as on 31.12.2016 for the post of Chief Manager (Cost
Accountant) & 01.04.2017 for Contractual Positions.
2. EMOLUMENTS: REGULAR POSITIONS :
CHIEF MANAGER (COST ACCOUNTANT) : Pay Scale : 50030-1460/4- 55870-1650/2-
59170 The officials will also be eligible for DA, HRA. CCA, PF, Contributory Pension
Fund and perquisites as admissible to the corresponding grade etc. as per rules
in force from time to time the total compensation per annum would be approximately Rs.21.78 lacs.
CONTRACTUAL POSITIONS : The compensation package (CTC) would
comprise of fixed and variable components but not a limiting factor for a
suitable candidate.
3. PROBATION : As per Banks instructions / decided by the
competent authority.
4. SELECTION PROCEDURE :
SELECTION PROCEDURE FOR THE REGULAR AND CONTRACTUAL
POSITIONS : Selection for the post will be by shortlisting and interview.
Candidates are advised to send the computer generated hard copy of application
duly signed and pasted with their recent photographs along with relevant
documents (date of birth, educational qualification certificate, experience,
current pay slip, Form 16/ITR(2016-17) and brief resume to :
The General Manager, State Bank of India,
Corporate Centre, Central Recruitment & Promotion Department, Atlanta
Building, 3rd floor, Plot No. 209, VBR, Block No.III, Nariman Point, Mumbai - 400
021.
In case of non-receipt of print out of online
applications with required documents by 19.05.2017, their candidature will not
be considered for the shortlisting and interview. An envelop superscribed with
‘Application for the post of
..................... ’
Interview : Adequate number of candidates as decided by
the Bank will be called for Interview. The qualifying marks in Interview will
be as decided by the Bank.
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 mark at cut off point],
such candidates will be ranked according to their age in descending order, both
in the select list as well as in the wait list.
5. PLACE OF POSTING : Candidates likely to be posted at Navi
Mumbai. Bank reserves the rights to post his/her as per requirement of the Bank.
6. APPLICATION FEE AND INTIMATION CHARGE
(Non-refundable)
Sr. No. Category Total
1. SC/ST/PWD Rs.100/- (Intimation Charges only)
2. General and OBC Rs. 600/- (App. Fee including
intimation charges)
7. HOW TO APPLY :
FOR DETAILED GUIDELINES / PROCEDURE ON
(a) Application registration (b) Payment of fees (c)
Photograph & Signature scane & upload. Visit Bank's website https://www.sbi.co.in/careers/ongoingrecruitment.html
8. ACTION AGAINST CANDIDATES FOUND GUILTY
OF MISCONDUCT : Candidates
are cautioned that they should not furnish any particulars that are false,
tampered/ fabricated and they should not suppress any material information
while filling up the application form.
9. GENERAL INFORMATION:
(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.
(vi) Candidates are advised to keep their e-mail ID alive
for receiving advices, viz. call letters/ Interview advices etc.
(vii) Appointment of selected candidates is subject to
his /her being declared medically fit as per the requirement of the Bank.
(viii) 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.
10. DISCLAIMER :
(i) IN CASE IT IS DETECTED AT ANY STAGE OF
RECRUITMENT THAT A CANDIDATE DOES NOT FULFIL THE ELIGIBILITY NORMS AND / OR
THAT HE / SHE HAS FURNISHED ANY INCORRECT / FALSE INFORMATION OR HAS SUPPRESSED
ANY MATERIAL FACT(S), HIS / HER CANDIDATURE WILL STAND CANCELLED. IF ANY OF
THESE SHORTCOMINGS IS / ARE DETECTED EVEN AFTER APPOINTMENT, HIS /HER SERVICES
ARE LIABLE TO BE TERMINATED.
(ii) DECISIONS OF BANK IN ALL MATTERS
REGARDING ELIGIBILITY, CONDUCT OF EXAMINATION, OTHER TESTS AND SELECTION WOULD
BE FINAL AND BINDING ON ALL CANDIDATES. NO REPRESENTATION OR CORRESPONDENCE
WILL BE ENTERTAINED BY THE BANK IN THIS REGARD.
11. ANNOUNCEMENTS
All further announcements/ details pertaining to this
process will only be published/ provided on SBI authorised website www.sbi.co.in/ www.statebankofindia.com from time to time.
CANVASSING IN ANY FORM WILL BE A
DISQUALIFICATION Mumbai, GENERAL
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