
State Bank of India plans to hire 16,000 employees and open 200–300 new branches in FY26 as part of its growth and expansion strategy.
State Bank of India (SBI) has announced a major hiring and expansion plan for the financial year 2025–26 (FY26). According to SBI Chairman C.S. Setty, the bank plans to add around 16,000 new jobs and open 200 to 300 new branches across India.
This move reflects SBI’s strategy to expand its physical presence and strengthen customer reach nationwide. The expansion is aligned with the bank’s long-term vision to double its overall business to ₹200 lakh crore.
The large-scale recruitment drive is expected to create significant employment opportunities and boost confidence in the banking and financial services sector.