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Source: Economic Times
SBI plans 12,000 hires and 250 new branches in FY27
SBI plans to recruit about 12,000 people during FY27. Chairman Setty also outlined plans for roughly 250 additional branches.
State Bank of India has set out hiring and branch expansion plans for the financial year. The figures are approximate targets: around 12,000 personnel and about 250 branch additions. They describe what the bank intends to do, rather than recruitment or branch openings already completed.
For banking aspirants, the recruitment plan is the main development to watch. However, the supplied report does not specify the posts, eligibility requirements, application dates or selection process. It also does not give a breakdown of the proposed hiring across different roles, so the headline number alone does not establish which opportunities will become available.
The branch expansion plan points to a larger physical network, but the report does not identify locations or an opening schedule. Nor does it explain how the proposed recruits would be deployed, including whether any would be assigned to the additional branches.
Separately, SBI and its subsidiary plan to sell up to a 1% stake in the National Stock Exchange. The supplied text does not provide the full background to that divestment or state when it would take place.
