India’s public sector banks (PSBs) are poised to witness a significant hiring surge in FY2025–26, with plans to recruit nearly 50,000 employees—one of the largest workforce expansions in recent years. This recruitment drive will cover both officer-level and clerical roles, with the State Bank of India (SBI) alone accounting for nearly 20,000 positions, including Probationary Officers and Junior Associates across 35 states and union territories.
Out of the 12 public sector banks, the State Bank of India (SBI) , the largest among them, plans to hire nearly 20,000 employees, including specialised officers, in the current financial year. Kickstarting the process, SBI has already onboarded 505 Probationary Officers (POs) and 13,455 junior associates to strengthen customer service across its branches nationwide. As of March 2025, SBI’s total workforce stood at 2,36,226, with 1,15,066 officers on its rolls by the end of the previous fiscal year. The average hiring cost per full-time employee in FY 2024–25 was ₹40,440.59. SBI continues to maintain an attrition rate of below 2% annually, a witness to its strong employee engagement and industry-leading welfare initiatives.
Among the other major recruiters, Punjab National Bank (PNB) is set to onboard over 5,500 employees, while the Central Bank of India plans to hire around 4,000 personnel. Of the total hires, approximately 21,000 positions are designated for officer-level roles, with the remainder focused on junior and support staff critical to front-line customer service. For job seekers, the 50,000-strong recruitment drive presents opportunities across a wide range of banking functions. It also reflects the sector’s push to modernise operations and build future-ready talent pipelines.