SBI Hires 13,455 Junior Associates to Strengthen Customer Services Nationwide
- SBI hires 13,455 junior associates to enhance customer service across branches.
- Total recruitment reaches 18,000, including officers and clerical staff.
- FY25 net profit hits Rs 70,901 crore, with Rs 8,076 crore dividend paid to the government.
In one of the largest recruitment drives in the Indian banking sector, the State Bank of India (SBI) announced that it has hired 13,455 junior associates to enhance customer experience across its branches nationwide. This recruitment initiative forms a significant part of the bank’s total hiring plan of 18,000 employees for FY25, which also includes 3,000 probationary officers and local-based officers.
SBI Chairman CS Setty said the move underscores the bank’s commitment to not just expanding its workforce but also nurturing talent. “As we onboard this new talent pool, we aim to strengthen our human resource capabilities through structured skill development programmes tailored to evolving functional and technological needs”, he stated.
With a workforce exceeding 2.36 lakh employees, SBI continues to lead the way in banking employment and professional development. The bank's home loan portfolio has now surpassed Rs 8.3 lakh crore, maintaining its leadership position with a 27.3% market share in home loans and 20.2% in auto loans.
As of March 2025, SBI’s deposit base stood at Rs 53.82 lakh crore, with a CASA (Current Account and Savings Account) ratio of 39.97%, and advances totalling Rs 42.20 lakh crore. Reflecting its robust financial performance, the bank reported a record net profit of Rs 70,901 crore for FY25.
In a significant fiscal gesture, SBI also presented a dividend cheque of Rs 8,076.84 crore to Finance Minister Nirmala Sitharaman, marking the government’s share of the bank’s earnings for the year. The dividend adds to the strong financial results posted by public sector enterprises in the financial, power, and energy sectors, reinforcing the government's fiscal position.
