The State Bank of India (SBI) is preparing for steady expansion in both manpower and physical presence during the coming years. SBI Chairman C.S. Setty stated that the bank plans to recruit around 16,000 employees every financial year, including FY26, to meet growing operational and business requirements. This hiring will cover various roles and is aimed at strengthening customer service, branch operations, and digital initiatives.

Alongside workforce expansion, SBI also intends to increase its branch network. During FY26, the bank is likely to open between 200 and 300 new branches across the country. The focus will be on improving access in under-served and high-growth areas while maintaining a balanced approach between physical banking and digital channels.

These steps reflect SBI’s long-term growth strategy, as the country’s largest lender continues to adapt to rising credit demand, economic expansion, and evolving customer needs, while ensuring adequate staffing and infrastructure to support its scale of operations.

Source