NaBFID Business Analyst Recruitment 2026 – Walk in for 22 Posts

The National Bank for Financing Infrastructure and Development (NaBFID) has invited applications for 22 Business Analyst positions on a fixed-term, short-term contract basis. The recruitment, under Advertisement No. NaBFID/REC/BNA/2026-27/01, is open exclusively to newly qualified Chartered Accountants who have registered themselves on the ICAI Placement Portal. Positions are spread across six streams — Lending & Project Finance, Risk Management, Compliance, Internal Audit, Investment & Treasury, and Accounts. There is no separate application to NaBFID; shortlisting happens directly through the ICAI Placement process, with interviews tentatively scheduled for 4 August 2026 in Mumbai.

NaBFID Business Analyst Notification PDF

Candidates should read the detailed advertisement dated 10.07.2026 carefully before checking their eligibility. The notification, along with updates, is published on the Bank’s careers page.

NaBFID Business Analyst Recruitment 2026: Quick Overview

NaBFID Business Analyst Important Dates

Note: The notification does not mention a specific start or end date for registration on the ICAI Placement Portal. Candidates should regularly check both nabfid.org and the ICAI Placement Portal for updates, since the interview date itself is described as tentative.

NaBFID Business Analyst Vacancy Details 2026

The vacancies are provisional and can be modified or cancelled at the sole discretion of the Bank, without any intimation.

Out of the total vacancies, 3 posts are reserved for Persons with Benchmark Disabilities (PwBD) on a horizontal basis — 1 for Visually Impaired (VI) and 2 for Hearing Impaired (HI) candidates.

Abbreviations: SC – Scheduled Castes, ST – Scheduled Tribes, OBC – Other Backward Classes, EWS – Economically Weaker Section, UR – Unreserved/General, PwBD – Persons with Benchmark Disability, VI – Visually Impaired, HI – Hearing Impaired, LD – Locomotor Disability.

NaBFID Business Analyst Eligibility Criteria 2026

Educational Qualification

The candidate should have cleared the final CA exam as on the cut-off date of 30 June 2026. Only candidates who have registered themselves on the ICAI Placement Portal (icaiplacements.icai.org) as newly qualified Chartered Accountants are eligible.

Reservation-Related Eligibility Notes

SC/ST candidates must submit a Caste Certificate issued by a Competent Authority in the Government of India prescribed format, whenever required by the Bank.

OBC reservation is available only to ‘Non-Creamy Layer’ OBC candidates, as governed by Office Memorandum No. 36012/22/93-Estt.(SCT) dated 08.09.1993. ‘Creamy layer’ OBC candidates must indicate their category as ‘General’. The OBC certificate must be in the Government of India prescribed format with the ‘Non-creamy layer’ clause, issued between 01.04.2026 and the date of interview.

EWS reservation is governed by Office Memorandum No. 36039/1/2019-Estt (Res) dated 31.01.2019. EWS vacancies are tentative and subject to further Government of India directives and the outcome of any litigation. EWS candidates must produce an Income & Asset Certificate based on gross annual income for FY 2025-26, valid for 2026-27.

Reserved-category candidates for whom no reservation has been mentioned in a particular stream are free to apply under the General category, provided they meet all General category eligibility conditions.

There is no reservation for Ex-servicemen in the Officers’ Cadre.

No change in category is permitted after registration of the online application; no correspondence, email, or phone call will be entertained regarding category change.

PwBD Eligibility

Horizontal reservation is provided to Persons with Benchmark Disabilities as per Section 34 of the Rights of Persons with Disabilities Act (RPwD), 2016. The identified categories for this recruitment are Visual Impairment (VI) and Hearing Impaired (HI):

Visual Impairment: Includes blindness (total absence of sight, or visual acuity less than 3/60 in the better eye, or field of vision limited to less than 10 degrees) and low vision (visual acuity not exceeding 6/18 up to 3/60, or field of vision limited to less than 40 degrees up to 10 degrees) after best correction.

Hearing Impaired: Hard of Hearing means 60 dB to 70 dB hearing loss in speech frequencies in both ears.

PwBD candidates must produce a certificate issued by a Competent Authority as per Government of India guidelines. Disability conditions classified as “likely to improve” under a temporary category are not eligible for reservation; conditions that are progressive, non-progressive, or not likely to improve are treated as eligible.

NaBFID Business Analyst Age Limit

The candidate should not be more than 32 years old as on 30 June 2026. The maximum age indicated is applicable for General/EWS category candidates.

Age Relaxation

Important: Cumulative age relaxation is not available, either among the above categories or in combination with any other relaxation item. Candidates must clearly state their reservation status in the application, and copies of relaxation-related certificates must be submitted at the time of interview or joining, in the Government of India prescribed format (if any).

NaBFID Business Analyst Job Profile (Stream-wise)

Lending Operations (Lending & Project Finance)

Credit appraisal and financial analysis of lending proposals, including financial statements, business models, cash flow projections, sponsor strength, project risk, security structure, and repayment capacity.

Validation of project financial models against the Techno-Economic Viability (TEV) report, industry benchmarks, and regulatory requirements.

Coordination on loan documentation, verification of sanction terms and Conditions Precedent (CPs), and initiation of disbursement.

ESG monitoring, tracking Early Warning Signals (EWS), and periodic asset quality review.

Credit monitoring and portfolio management, including covenant compliance and risk mitigation recommendations.

Investment & Treasury

Settlement and accounting of treasury trades, reconciliation and balancing of books, and valuation of securities.

Timely submission of regulatory statements, audit reports, and MIS.

Exposure to finance and treasury activities including banking, cash and liquidity management, and capital and debt markets.

Accounts

Support the Bank’s financial reporting, financial planning, and analysis in line with statutory standards.

Preparation and analysis of financial statements and management information for strategic decision-making.

Financial analysis, budgeting, forecasting, and performance monitoring.

Engagement with auditors, tax authorities, and regulators on financial reporting, accounting, and taxation matters.

Risk Management

Credit risk assessment of new proposals in line with existing policies and SOPs.

Periodic review of the existing portfolio, including internal credit ratings and rating rationale.

Monitoring of regulatory and management exposure limits at account and group level.

Assistance in determining provisioning requirements and developing/testing internal credit rating models.

Internal Audit

Planning, executing, and reporting on Risk Based Internal Audit covering business operations, infrastructure lending/project finance, and support functions.

Evaluating internal controls, governance mechanisms, and risk management processes in line with RBI and NaBFID policies.

Process walkthroughs, control testing, and preparation of audit reports with findings and recommendations.

Support for the Annual Audit Plan and follow-up reviews for audit compliance.

Compliance

Design and strengthening of the Bank’s Compliance Governance Framework in line with the NaBFID Act and RBI guidelines.

Preparing compliance reports, dashboards, and updates for the Board, Audit Committee, and other Board-level committees.

Monitoring regulatory circulars and notifications from RBI, FIU-IND, SEBI, CBDT, IRDAI, MCA, and international bodies.

Advisory support on AML/CFT, KYC/CDD, sanctions compliance, and beneficial ownership requirements.

Across all streams, candidates should possess excellent communication skills and proficiency in the use of computers and information technology.

NaBFID Business Analyst Salary 2026

Annual fixed compensation: approximately Rs. 16.67 lakh.

Variable pay (performance bonus) of up to 20% of fixed compensation, based on performance, as decided by the Bank.

Compensation may be revised at suitable intervals, as approved by the Board.

Group Insurance (Medical, Accidental, and Term Life) is provided over and above the compensation mentioned above.

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NaBFID Business Analyst Application Fee

The notification does not mention any application fee for the Business Analyst post. Candidates apply through registration on the ICAI Placement Portal rather than a direct application to the Bank.

NaBFID Business Analyst Selection Process

Selection is entirely through a Personal Interview.

NaBFID will shortlist candidates for interview from newly qualified Chartered Accountants registered on the ICAI Placement Portal.

Shortlisted candidates will be called for interview in a ratio of 5 to 15 times the position-wise vacancies, as decided by the Bank.

Interviews will be conducted only at the Mumbai Centre of ICAI.

Total marks for the interview: 100.

Minimum qualifying marks: not less than 40% for GEN/EWS candidates, and 35% for SC/ST/OBC/PwBD candidates.

The Bank reserves the right to waive or modify the minimum qualifying marks at any stage, without prior intimation.

NaBFID Business Analyst Required Documents

Caste Certificate (for SC/ST candidates), in the Government of India prescribed format.

OBC Non-Creamy Layer Certificate (for OBC candidates), issued between 01.04.2026 and the date of interview.

Income & Asset Certificate for FY 2025-26 (for EWS candidates), valid for 2026-27.

PwBD certificate issued by a Competent Authority, as per Government of India guidelines (for PwBD candidates).

Relieving letter/discharge certificate in original, for candidates already in service, at the time of joining.

No Objection Certificate (NOC) from the employer, for candidates serving in Government/Quasi-Government offices, PSUs, Nationalized Banks, and Financial Institutions, at the time of interview.

How to Apply for NaBFID Business Analyst Recruitment 2026

Regularly check the careers section of the Bank’s website, nabfid.org/careers, for updates related to this recruitment.

NaBFID will shortlist candidates directly from the ICAI Placement Portal registrations for the personal interview.

Attend the interview at the Mumbai Centre of ICAI on the notified date, carrying all required original certificates and documents.

Important: No other means or mode of application will be entertained. Hard copies of the application and other documents should not be sent to NaBFID’s office. Any application sent directly to NaBFID will not be entertained under any circumstances.

NaBFID Business Analyst Important Instructions

The number of vacancies mentioned is provisional and can be modified or cancelled at the sole discretion of the Bank, without intimation.

The Bank reserves the right to cancel, restrict, curtail, or enlarge the recruitment process, including the number of vacancies, without further notice or assigning any reason.

No correspondence will be entertained from ineligible or non-selected candidates.

The Bank’s decision on all matters relating to eligibility, selection process, and results is final and binding on candidates.

Selected candidates already in service must produce a proper relieving letter/discharge certificate in original from their present employer at the time of joining, failing which they will not be allowed to join.

Appointment of a selected candidate is subject to being declared medically fit as per the Bank’s requirement.

If a candidate is found not to fulfil eligibility norms, or has furnished incorrect/false information or suppressed material facts, their candidature will be cancelled — even after appointment, if detected later, services are liable to be terminated without notice.

Any legal proceedings related to this advertisement can be instituted only in Mumbai; courts, tribunals, and forums at Mumbai have sole and exclusive jurisdiction.

Instances of incorrect information or process violation detected at any stage will lead to disqualification, including retrospective disqualification if detected after the current selection process, and the candidate will not be allowed to appear in future NaBFID recruitment processes.

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