SBI to Hire 12,000 Staff and Open 250 Branches in FY27

State Bank of India (SBI) Chairman Setty announced a major expansion plan for FY27, including the recruitment of 12,000 new employees.

The bank aims to strengthen its physical presence by adding 250 new branches across the country to improve rural and urban banking access.

This hiring drive is part of a broader strategy to support the bank's growth targets and potential stake sales in subsidiary entities.