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PUNJAB AND SIND BANK Recruitment Notification 2016 – MULTIPLE Vacancy – 59,170 Salary

Punjab and Sind Bank has issued a recruitment notification for the recruitment of Chief Manager through recruitment notification. Candidates who have completed Ph.D can apply for the new recruitment  notification from Punjab and Sind Bank

Eligible candidates can apply offline for the Job Chief Manager on or before  22/02/2016. Find More information about the vacancy like Age limit, Selection Process, Qualification, Application fee, How to apply etc can be found below.


Company Name : Punjab and Sind Bank
Vacancy Name : Chief Manager
Educational Qualification : M.Phil/Ph.d
Total No Of  Vacancy : 01 Posts
Salary : Rs.50,030-59,170/-PM
Job Location : Delhi
Last Date To Apply For This Job :  22/02/2016
Address For The Job Vacancy : General Manager –HRD Punjab & Sind Bank Bank House, 6 th Floor 21- Rajendra Place New Delhi -110008


Detail Of Post:

Punjab & Sind Bank, a leading Public Sector Bank, invites applications from Indian Citizens for one post of Chief Economist in Senior Management Grade Scale –IV (CM) under Specialist category as under: –

No of Post : 01

Age:Not below 35 years and not above 45 years as on 1 st October 2015

Qualifications: Ph.D in Economics/ International Finance/ Business Economics with specialization in monetary/financial economics or econometrics from a recognized Indian/Foreign University/Institute

Post Qualification Experience: Minimum 7 years as Economic Researcher in any University or Work Experience in Economic Research Division of a Commercial Bank/ Financial Institution/ Corporate Organizations like CRISIL, CIBIL, ICRA etc.

JOB DESCRIPTION OF THE CHIEF ECONOMIST The Chief Economist will be responsible for providing strategic inputs to the top management of the Bank.  He/ She will also be required to analyze and evaluate economic and financial indicators of national and international level and assess their impact on various markets and asset classes.  He/ She may also work on costs incurred by the bank on specific line of activities and the returns expected from such activities.  Any other roles & responsibilities assigned as per policies of the Bank from time to time.

SCALE OF PAY & OTHER FACILITIES The candidate shall be appointed on regular basis in Senior Management Grade Scale –IV and the Scale of Pay is Rs. 50030 -1460/4 – 55870 – 1650/2 – 59170. DA, HRA, CCA will be paid as per rules in force from time to time and depending upon the place of posting. Medical, LTC, Terminal Benefits and other perquisites will be as per prevailing rules.


Selection Procedure:

Candidates can apply on or before  22/02/2016

The applications will be screened/scrutinized and ranked by a Committee. After scrutiny of the applications received, only eligible candidates will be called for Interview. The short-listing and call for interview will be on the basis of the details provided by the candidates in the application & documents forwarded along with the application. The Bank would be free to reject the candidature of any candidate at any stage of the recruitment process, if he / she is found to be ineligible and / or furnished incorrect or false information / certificates / documents or has suppressed any material facts and the fees paid by the ineligible candidates shall be forfeited. Bank reserves the right to shortlist requisite number of candidates based on the academic track record of the candidate, experience and suitability of the candidates, as decided by the Bank and only those shortlisted candidates will be called for Interview as decided by the Bank . The interview venue, time & date for Interview will be informed to the shortlisted candidates in the Interview call letter and candidates have to attend the same at their own cost. The call letter will be sent by email only. The details of shortlisted candidates for Interview or any other process will be hosted in our website. The interviews will be conducted at Head Office of the Bank at New Delhi. Bank reserves its right to change / add / cancel the selection process & schedule at its discretion, under unforeseen circumstances, if any. Change, if any, will be announced on our Bank’s website / by email. Bank will not be responsible for late receipt / non receipt of any communication from the Bank. Hence, candidates are requested to check their email and Bank’s website regularly, to keep track of the process. The Interview process will carry an aggregate of 100 Marks. Minimum qualifying marks in the interview will be 40 marks. Final selection will be made on the basis of marks obtained by the candidates in the Interview process and will be according to the merit ranking.



Since, the number of vacancy is one, there is no reservation of SC/ST/OBC/PWD category. However, the eligible candidates belonging to these categories can also apply but they will not be eligible for any concession/ relaxation.

The Bank takes no responsibility for any delay in receipt or loss in postal transit of any application or communication. The application in the prescribed format must be filled up completely and should contain no corrections/alterations/overwriting.

Before applying for post, the candidate should ensure that he / she fulfils the eligibility criteria and other norms specified in this advertisement. Decision of Bank in all matters regarding eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced for the purpose of the conduct of Interview, selection and any other matter relating to recruitment will be final and binding on the candidate. The Bank in this behalf shall entertain no correspondence or personal enquiries. In case it is detected at any stage of recruitment that a candidate does not fulfill 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.

The candidates should send the attested copy of Certificates & Mark sheets in support of passing the prescribed qualifying examination and post qualification experience indicated in the Application Form to confirm the candidate’s eligibility.

Candidates will have to produce original of all Educational Qualification Certificates and Mark Sheets, Experience Certificate(s), at the time of interview, failing which his/her candidature may be cancelled.

An application not accompanied by photocopies of relevant certificates and the requisite fee in form of DD/Pay Order or not in prescribed format or not signed by the candidate or not bearing the candidate’s photograph pasted firmly at the specified place or incomplete in any respect will not be entertained. One recent, recognizable coloured Passport size photograph should be firmly pasted on the application at the appropriate place and should be signed across by the candidate. Five copies of the same photograph should be retained by the candidate for use at the time of interview or thereafter. Failure to produce the same photograph at the time of the Interview may  lead to disqualification. Candidates are also advised not to change their appearance till the recruitment process is complete.

Only candidates willing to serve anywhere in India should apply.

No request for change of address will be entertained.

Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at Delhi. The Bank takes no responsibility for any certificate/remittance sent separately. In case any dispute arises on account of interpretation in version other than English, the English version will prevail. Only those candidates who are short-listed for appearing in the Personal Interview will be intimated through e-mail or will be hoisted at Bank’s web-site only. The candidate who will be finally shortlisted for appointment in the Bank will also be intimated at the communication address furnished by him/her in the Application Form and the information will be hoisted on the Bank’s Website,

Appointment of shortlisted candidates will be subject to his/her being declared medically fit as per the requirement of the Bank. Such appointment will also be subject to the Service Regulations & Conduct Rules of the Bank.


How To Apply?:

APPLICATION FEE Application fee is Rs.500/- .  The Application fee which is non-refundable, payable by way of Demand Draft drawn on any Nationalised/ Scheduled Bank drawn in favour of “Punjab & Sind Bank, Chief Economist Recruitment Project 2014-15” payable at New Delhi. Candidates should write their name & address on the reverse of the Demand Draft.  Cash, Cheques, Money Orders, Postal Stamps etc. will NOT BE ACCEPTED.  A candidate can send one application only. Submission of more than one application by any candidate will render him/her ineligible and in such case all the applications submitted by the said candidate will be rejected and application fees will be forfeited.  Application once made will not be allowed to be withdrawn and the Fees once paid will NOT be refunded on any account nor can it be held in reserve for any other examination or selection. Candidates should ensure that he/she fulfils the eligibility and other norms mentioned in this advertisement before applying.

The Application Form should be neatly Typed in English in CAPITAL LETTERS on a A4 size (210 x 297 mm) paper in the format given at the end of this advertisement, which may also be downloaded from the Bank’s website and filled in by the candidates

A recent passport size coloured photograph of the candidate should be pasted at right hand top corner at the space provided in the application and signed across. It should also be accompanied by Demand Draft / Pay Order /Banker’s cheque (candidate’s name and address should be written on the reverse of Demand Draft / Pay Order / Banker’s Cheque) and attested photocopies of prescribed Educational Qualifications and Experience Certificate(s) specifying NATURE & PERIOD of experience, originals of which should be produced at the time of interview.

It is for the candidate to ensure that he / she has met with the eligibility criteria and complied with the requirements and adhered to the instructions contained in this advertisement as well as the application form. Candidates are therefore urged to carefully read the advertisement and complete the application form and submit the same as per instructions given in this regard. Eligible candidates have to submit their applications in the given format (Annexure –A) through speed post only. Last date of receipt of application is 22nd February 2016. No application shall be entertained beyond the stipulated date & incomplete applications will be rejected. The Bank will not be responsible for any delay in receipt of application or loss thereof in postal transit. E. Address the application, superscribing “Application for the post of Chief Economist in Scale IV” to General Manager(HRD) at the following address : – General Manager –HRD Punjab & Sind Bank Bank House, 6th Floor 21- Rajendra Place New Delhi -110008  The complete Application Form SHOULD REACH the above mentioned address ON OR BEFORE 22.02.2016. Applications to be sent BY SPEED POST only. APPLICATIONS RECEIVED AFTER THE LAST DATE WILL NOT BE ENTERTAINED. The Bank will not be responsible for loss of Application in transit or for rejection of Application because of its receipt after the last date.

Important Dates To Remember:

Last Date to Apply for this job  22/02/2016




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