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State Bank of India Plans 12,000 Hiring and 250 Branches in FY27

State Bank of India logoState Bank of India
Sig3.35Sen+3.20Env0.00Soc+2.55Gov+0.80

State Bank of India expects to recruit around 12,000 personnel and add about 250 branches in FY27, with hiring shaped by retirement and changing needs. The bank also plans to dilute up to a 1% combined stake in the National Stock Exchange via SBI and SBI Capital Markets’ proposed divestment tied to the NSE IPO.

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