State Bank of India (SBI), India’s largest lender, has announced plans to hire 18,000 employees in FY26, marking its biggest recruitment drive in a decade.
The initiative, led by Chairman C S Setty, aims to strengthen SBI’s workforce across core banking and technology roles, ensuring the bank remains competitive in an evolving financial landscape.
The recruitment drive will include 13,500–14,000 clerical staff, 3,000 probationary and local bank officers, and 1,600 system officers, reflecting SBI’s commitment to digital transformation and operational expansion.
SBI New Hires to Strengthen Core Banking Operations
A significant portion of the 18,000 new hires will be allocated to clerical roles, ensuring efficient customer service and operational support across SBI’s 22,937 branches and nearly 64,000 ATMs.
Additionally, SBI will recruit 3,000 probationary officers (POs) and local bank officers (LBOs), reinforcing its leadership pipeline and banking expertise.
These officers will play a critical role in managing financial services, credit operations, and customer engagement.
As part of its tech-driven transformation, SBI will hire 1,600 system officers to enhance its digital infrastructure.
This move aligns with the bank’s long-term strategy to modernize operations, ensuring seamless digital banking experiences for millions of customers.
Chairman C S Setty emphasized that SBI’s technology investments remain a priority, stating that the bank will not hold back on digital advancements, despite economic fluctuations.
Economic and Industry Impact
SBI’s largest hiring spree in a decade comes at a time when India’s banking sector is undergoing rapid digitalization.
The recruitment drive is expected to:
- Boost employment opportunities, particularly for young professionals.
- Strengthen SBI’s position as a leader in digital banking.
- Support financial inclusion efforts, expanding banking services to underserved regions.
Industry experts view this initiative as a strategic move to future-proof SBI’s workforce, ensuring the bank remains resilient amid evolving market dynamics.
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