Challa Srinivasalu Setty, Chairman of SBI, said that 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 evolving functional and technological requirements.
SBI has also hired 505 Probationary Officers and 13,455 Junior Associates in the previous months to deepen and enhance its process and service delivery across India, the bank said in a release.
A Fortune 500 company, State Bank of India employs over 2.36 lakh people across 22,500 branches in the country. The bank also has 63,580 ATMs/ADWMs and 82,900 Business Correspondent (BC) outlets.
Last month, the bank marked the largest Qualified Institutional Placement (QIP) ever in the Indian capital markets by raising ₹25,000 crore. The equity shares were priced at a premium to the floor price of ₹811.05 per share and got oversubscribed 4.5 times.
Shares of State Bank of India Ltd are trading at ₹804.10, up by ₹3.40 or 0.42%,on the BSE.
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