Canara Bank Recruitment 2024 - Latest Chief Economist Vacancies on 09 July 2024

Canara Bank is hiring a Chief Economist for its Bengaluru Head Office. Applicants aged 35-55 years with a Master’s Degree in Economics/Econometrics and 10+ years of Economist experience can apply online by July 28, 2024, at

by Abisha

Updated Jul 09, 2024

Canara Bank Recruitment 2024 - Latest Chief Economist Vacancies on 09 July 2024

Canara Bank Recruitment 2024

Canara Bank seeks to hire a Chief Economist for its Bengaluru Head Office, targeting candidates aged 35-55 years proficient in economics, econometrics, and knowledgeable about banking and financial sectors. Key qualifications entail a Master’s Degree in Economics/Econometrics, preferably with a Doctorate, and at least a decade of Economist experience in banks, financial institutions, or academia.

The recruitment process involves screening, shortlisting, and interviews based on eligibility, qualifications, and experience. Applications must be submitted online via Canara Bank’s website within specified dates, accompanied by accurate documentation. Communication will be conducted solely through registered email IDs, with final selection decisions being conclusive.

Post Name Chief Economist
No of Post 01
Age Limit 35 - 55 years
Location Bengaluru
Last Date 28.07.2024
Official Website

Job Specific Skills

  • Familiarity with banking and financial landscapes; pivotal in bolstering the Bank's brand through publication of top-tier research and effective communication.
  • Expertise in domestic and international economic landscapes, macroeconomic indicators, and economic structural changes.
  • Profound understanding of governmental economic policies, laws, regulations, fiscal and monetary policies.
  • Demonstrated leadership, interpersonal, analytical, and problem-solving skills.

Educational Qualification and Experience


  • Master’s Degree in Economics/Econometrics from a recognized Indian/Foreign University.


  • Doctorate degree in Economics from a recognized University.


  • Minimum 10 years of experience as an Economist in a Commercial Bank/Financial Institution or other reputable Corporate/Rating Agencies/Organizations.
  • Alternatively, experience as a Lecturer/Professor in Economics in a college/University will be considered.
  • Combined experience as an Economist and in teaching is also acceptable.


  • Excellent communication skills demonstrated through active participation in economic forums.
  • Contribution to prominent publications will be advantageous.

Place of Posting

Canara Bank's Head Office is located in Bengaluru. However, the Bank retains the authority to assign the executive to any office or location as per the Bank's needs.

Salary Details

Compensation will be linked to the market and will not hinder the selection of a suitable candidate; it is negotiable. The engaged executive will be responsible for income tax, professional tax, and any other tax or statutory liabilities.

Selection Process

  • The selection process will involve screening, shortlisting, and/or interview/interaction. Depending on the number and scope of applications received, the Bank reserves the right to determine the selection modalities.
  • Screening and shortlisting will be based on eligibility criteria, qualifications, suitability, and experience as submitted with the application. Only candidates meeting the required criteria will be called for interview/interaction.
  • Candidature after preliminary screening, without document verification, will be provisional and subject to verification of all details and documents with originals during the personal interaction (if called).
  • Selection will be based on the candidate's performance in the interview, ranked according to merit. The interview will be marked out of 100, with a minimum passing score of 70.
  • Only candidates who qualify the personal interaction/interview and rank sufficiently high on the merit list will be considered for final selection.
  • The engagement of the selected candidate is contingent upon them being declared medically fit as per the Bank's requirements.
  • The Bank's decisions on matters concerning eligibility, selection, etc., are final and binding. The Bank will not entertain any representation or correspondence regarding these matters.

Required Documents

  • Proof of Date of Birth (copy of Date of Birth Certificate / SSC / SSLC/ X Standard/ XII Standard certificate with DOB)
  • Copy of Photo identity proof
  • Certificates of Graduation/Post Graduation
  • Certificates of other qualifications, if any
  • Copy of Certification as stipulated under Eligibility Criteria - Educational Qualification
  • Copies of experience certificates specifying designation/job profile, period of service (with specific dates) from previous and present employers. Work experience certificates should include designation, period of service, and detailed job profile.
  • Candidates currently employed in Government/Quasi Government offices, PSUs including Nationalized Banks/Financial Institutions must provide a "No Objection Certificate" from their employer at the time of Interview/Interaction.
  • Retired candidates should submit a copy of the relieving order/Discharge Certificate.
  • A copy of the Resume uploaded at the time of online registration.
  • Any other relevant documents as deemed necessary or requested by the Bank.

How to Apply

  • Interested and eligible candidates are invited to apply online through the link provided on the Bank’s official website
  • Please carefully review this advertisement to ensure your eligibility before submitting your application.
  • Opening date for submission of application: 08.07.2024
  • Closing date for submission of application: 28.07.2024
  • Candidates must apply online via the Bank’s official website → Career → Recruitment → Recruitment Project- 2/2024 – Engagement Of Chief Economist On Contract Basis.
  • No other means or modes of application will be accepted.
  • Candidates should possess a valid personal E-mail ID and Mobile Number, which must remain active until the completion of the selection process.
  • All communication regarding the recruitment process will be sent to the candidates' registered E-mail ID only.
  • Applicants are advised to complete the online application carefully, as no changes to the data provided in the application will be allowed after submission.
  • After final submission, candidates should print the system-generated online application form for their records.

Official PDF Link
Application Form for Canara Bank

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