SBI Plans to Hire 16,000 Employees, Add Up to 300 Branches by FY26

State Bank of India (SBI) has outlined an expansion plan to strengthen its presence across the country, improve service capacity and support financial inclusion initiatives. As part of this strategy, the country’s largest lender plans to recruit around 16,000 employees and open between 200 and 300 new branches by the end of the 2025–26 financial year.
The hiring initiative comes amid continued focus on job creation within the financial services sector. Recruitment is expected across operations, customer service, digital banking support and frontline branch roles. SBI is likely to onboard both fresh graduates and experienced professionals to meet growing customer needs and support branch-level activities, particularly in semi-urban and rural areas.
The proposed branch expansion reflects a renewed focus on physical banking infrastructure alongside digital services. According to the plan, new branches are expected to be set up primarily in tier-2 and tier-3 cities, emerging markets and regions with relatively low banking penetration.
SBI has reiterated that its growth approach is based on a hybrid service model, combining digital platforms with an expanded physical network. Employees hired under the initiative will be trained to handle traditional banking operations as well as assist customers adopting digital channels.
The expansion aligns with broader efforts in the banking sector to improve access to credit, savings and other essential financial services. By increasing its workforce and branch network, SBI aims to enhance financial inclusion, support small businesses and strengthen banking access in underserved regions.
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