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The Finance Ministry has undertaken several initiatives aimed at streamlining the timelines for recruitment examinations for the public sector banks and declaration of their results. This includes recruitment to State Bank of India (SBI), Nationalised Banks (NBs) and Regional Rural Banks (RRBs), the Department of Financial Services under the Ministry of Finance said in a statement on Thursday. Additionally, these initiatives seek to enhance transparency in examinations conducted by the Institute of Banking Personnel Selection (IBPS). The recruitment in SBI, NBs and RRBs is conducted through the IBPS process, in accordance with the mandates of the respective banks, it said. Typically, examinations for RRBs are administered prior to those for NBs and the SBI. The results are subsequently announced in a similar sequence, it said. "Nevertheless, a notable trend has emerged wherein newly recruited candidates frequently transition from RRBs to NBs, and subsequently to SBI. This migratio
The country's biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide. The bank has recruited 505 Probationary Officers (POs) in June, and the process to fill a similar number of vacancies is on... applications have been received, SBI Deputy Managing Director (HR) & Chief Development Officer (CDO) Kishore Kumar Poludasu told PTI in an interview. As regards specialist officers, he said, around 1,300 odd officers have already been selected to look after the IT and cybersecurity space. The advertisement for 541 PO vacancies is out. Applications have already been received. The recruitment for POs is through a three-stage process: preliminaries, mains, and a psychometric test and interviews. Additionally, he said, "around 3,000 circle-based officers are now being considered. This should get concluded in the current financial year." Earlier this year, SBI Chairman C S Setty announced that the bank's
FSIB, the headhunter for directors of state-owned banks and financial institutions, has recommended Ravi Ranjan for the position of managing director of State Bank of India (SBI). Ranjan, currently Deputy Managing Director, would replace Managing Director Vinay M Tonse, who would complete his term on November 30, 2025. Financial Services Institutions Bureau (FSIB) interviewed nine candidates on September 11, 2025, for the position of Managing Director (MD) in SBI, the Bureau said in a statement. "Keeping in view their performance in the interface, their overall experience and the extant parameters, the Bureau recommends Ravi Ranjan for the position of MD in SBI," it said. The SBI board is headed by Chairman, assisted by four managing directors. The final decision on FSIB's recommendation would be taken by the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi. FSIB is headed by former Secretary, Department of Personnel and Training (DoPT), Bhanu Pratap
State Bank of India on Wednesday said it will begin hiring of Junior Associates (Customer Service & Support) for 5,583 vacant positions across the country. The online registration window for applications will be open from August 6-26, 2025, SBI said in a statement. This fresh recruitment for FY26 comes on the back of the bank's hiring of 505 Probationary Officers and 13,455 Junior Associates in previous months with SBI aiming to further deepen and enhance its process and service delivery across the country, it said. As part of this nationwide hiring effort, opportunities will be available across SBI's vast network of branches and offices, offering the aspirants a chance to begin their career with a dynamic and growth-driven institution. Commenting on the recruitment drive, SBI Chairman CS Setty said onboarding the new talent pool is central to the bank's aim of strengthening its human resource capabilities by implementing structured skill development programmes aligned with ...
State Bank of India (SBI) on Friday said it has hired 505 Probationary Officers (POs) to strengthen its process and delivery across the country. The recruitment aimed to fill vacancies across the country, makes it one of the significant hiring efforts in the industry in junior management grade, SBI said in a statement. These officers will have immense opportunities to work in diverse areas such as banking operations, corporate credit, agri-business, wealth management, treasury operations, banking compliance and regulations and many other verticals along with an opportunity to be posted at foreign branches/offices, it said. The bank provides a career path to these officers to reach to the top management including the highest position, it said. Speaking on the announcement, SBI Chairman C S Setty, said the bank's total recruitment across categories is about 18,000 people, out of which around 13,500 will be clerical recruitment, 3,000 will be probationary officers and local-based ...
The country's biggest lender State Bank of India (SBI) intends to recruit about 10,000 new employees during the current financial year to meet its general banking requirement and foster its technical prowess. The bank has invested significantly in technology to provide seamless customer service as well as to strengthen the resilience of its digital channels. "We are strengthening our workforce, both on the technology side as well as on the general banking side. We have recently announced around 1,500 technology people recruitment both at the entry level and slightly at the higher level," SBI Chairman C S Setty told PTI in an interview. "Our technology recruitment is also on specialized jobs like data scientists, data architects, network operators etc. We are recruiting them for a variety of jobs in the technology side...So, in all, our current year requirement will be around 8,000 to 10,000 people. Head count will be added to both specialized and general sides," he said. The total