State-owned bank State Bank of India (SBI) plans to reach 1,000 branches in the Chandigarh circle next financial year.
Talking to Business Standard on the sidelines of the conference held at PHDCCI, SBI Chief General Manger (Chandigarh Circle) S K Sehgal said the bank, which has around 875 branches in the region, plans to add another 100 branches in the next fiscal.
The Chandigarh Circle comprises of Union Territory Chandigarh and states including Punjab, Haryana, Himachal Pradesh and Jammu and Kashmir.
Sehegal added keeping in mind the additional workforce required due to expansion plans, SBI is looking to hire 2,500 additional people in next fiscal year.
The additional workforce would not only take care of the requirement of bank for new branches but also substitute for the retirees.
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