Sunday, December 8, 2024

SBI Plans to Increase Headcount by 10,000 This Fiscal

State Bank of India (SBI), the country’s largest lender, has set its sights on significant growth. In a strategic move, SBI aims to recruit approximately 10,000 new employees during the current financial year.

This recruitment drive is not only about numbers; it reflects SBI’s commitment to bolstering its technological prowess and ensuring seamless customer service.

Banking and Technology Synergy

SBI recognizes the critical role that both general banking staff and technology experts play in its operations. The bank plans to hire across these domains, emphasizing a balanced approach.

Around 1,500 technology positions will be filled, spanning entry-level roles to specialized positions such as data scientists and network operators.

The total requirement for the fiscal year will be approximately 8,000 to 10,000 new hires, distributed between technology and general banking function.

State Bank of India acknowledges that customer expectations are evolving rapidly due to digitalization. To meet these changing needs, the bank invests in continuous reskilling and upskilling of its existing workforce.

Whether it’s adapting to new technologies or understanding customer behavior, SBI ensures that its employees stay ahead of the curve.

SBI Branch Expansion and Customer Reach

SBI plans to open 600 new branches across the country in the current financial year. These branches will primarily focus on emerging areas and residential colonies that are currently underserved.

The bank’s existing network of 22,542 branches will be further strengthened, ensuring wider accessibility for customers. Beyond branches, SBI reaches its vast customer base through 65,000 ATMs and 85,000 business correspondents.

With approximately 50 crore customers, SBI proudly claims to be the banker to every Indian and every Indian family.


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Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor- Content at SightsIn Plus. She has rich experience in content writing, having previously worked with GKMIT, Zimyo, Crystaltech eSolutions, Integrated Resources, Inc, and Dynamics Square.