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SBI to Hire 16,000 & Add 200–300 Branches in FY26
SBI to Hire 16,000 & Add 200–300 Branches in FY26
Recruitment Plan for FY26
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Total Expected Hiring: State Bank of India (SBI) is planning to recruit approximately 16,000 new employees across various roles in FY26, which is reportedly their largest recruitment drive in a decade.
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Breakdown of Vacancies (Approximate):
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Clerical Positions (Junior Associates): 12,500 – 13,000
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Probationary Officers (POs) & Local-Based Officers (LBOs): Around 2,000
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System Officers (Specialist/Tech Roles): Around 1000 (A significant focus to bolster tech capabilities).
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Focus: The recruitment drive underscores the bank's commitment to both strengthening its traditional banking operations and significantly enhancing its digital and IT infrastructure.
Branch Expansion Plan
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New Branches: SBI plans to add a significant number of new branches to enhance its financial service penetration.
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The figure of 200–300 new branches for FY26 aligns with the bank's medium-term strategy to open 300–400 branches annually.
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The expansion focuses on emerging residential colonies and underserved areas across the country.
Summary Table for FY26
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Initiative
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Estimated Figures (FY26)
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Key Focus
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Total Hiring
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~18,000 Employees
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Strengthen core operations and digital/IT backbone.
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Clerical Staff
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13,500–14,000
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Customer service and branch operations.
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Officers
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~4,600 (POs, LBOs, System Officers)
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Managerial roles, local outreach, and technology.
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Branch Expansion
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200–300+ New Branches
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Enhance service penetration in emerging areas.
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