SBI to Hire 10,000 Employees and Expand Branch Network
Tuesday, 08 October 2024, 10:44 IST
State Bank of India the largest bank in the country-is targeting to hire around 10,000 employees in the financial year to fulfill general banking requirements as well as enhance technological capabilities. The bank has been investing immensely in technology as part of the drive to offer seamless customer service.
SBI Chairman, CS Setty, as said that recruitment will be in both technology and general banking sectors. The bank had recently announced recruitment of around 1,500 technology professionals at all levels. "We are hiring for all kinds of positions in technology, focusing on specific roles such as data scientists, data architects, and network operators", Setty noted. The group's overall workforce addition this year is likely to be between 8,000 and 10,000 employees.
As of March 2024, the total workforce of SBI was 232,296 employees, including 110,116 officers. Setty noted that reskilling and upskilling of employees become very important so that they can adjust themselves with changing customer expectations as well as changes in technology. "Customer expectation and technology are changing constantly, and digitalisation is getting widespread. We continuously reskill our employees at all levels", he added.
Besides general training, SBI has been providing niche area upskilling to better service its customers and improve the banking experience.
On the expansion front, Setty said the bank would open 600 branches in India during the financial year. Today, it operates out of 22,542 branches across the country. "Our branch expansion strategy is emerging areas, particularly residential colonies that have been underserved", he said.
And apart from its humongous branch network, SBI services customers through 65,000 ATMs and 85,000 business correspondents cutting across to reach nearly 500 million customers. Setty reminded everybody once again that the bank remains committed to being "the banker to every Indian, and, more importantly, to every Indian family".
Looking ahead, Setty shared his vision of making SBI not only the best and most valued bank to its shareholders but also to all stakeholders, customers, and the larger societal framework. "We want SBI to be viewed as the best bank to work with", he concluded.
SBI Chairman, CS Setty, as said that recruitment will be in both technology and general banking sectors. The bank had recently announced recruitment of around 1,500 technology professionals at all levels. "We are hiring for all kinds of positions in technology, focusing on specific roles such as data scientists, data architects, and network operators", Setty noted. The group's overall workforce addition this year is likely to be between 8,000 and 10,000 employees.
As of March 2024, the total workforce of SBI was 232,296 employees, including 110,116 officers. Setty noted that reskilling and upskilling of employees become very important so that they can adjust themselves with changing customer expectations as well as changes in technology. "Customer expectation and technology are changing constantly, and digitalisation is getting widespread. We continuously reskill our employees at all levels", he added.
Besides general training, SBI has been providing niche area upskilling to better service its customers and improve the banking experience.
On the expansion front, Setty said the bank would open 600 branches in India during the financial year. Today, it operates out of 22,542 branches across the country. "Our branch expansion strategy is emerging areas, particularly residential colonies that have been underserved", he said.
And apart from its humongous branch network, SBI services customers through 65,000 ATMs and 85,000 business correspondents cutting across to reach nearly 500 million customers. Setty reminded everybody once again that the bank remains committed to being "the banker to every Indian, and, more importantly, to every Indian family".
Looking ahead, Setty shared his vision of making SBI not only the best and most valued bank to its shareholders but also to all stakeholders, customers, and the larger societal framework. "We want SBI to be viewed as the best bank to work with", he concluded.
.jpg "Empowering Talents To Thrive & Excel")
.jpg "Sudeep Bhalerao: Astutely Balancing Empathy & Business Growth")
