Top News

State Bank of India is going to make around 18,000 new recruitments in the financial year 2025-26. Of these, 13,500 to 14,000 posts will be of clerk and about 3000 posts will be of officer level. Bank Chairman CS Shetty gave this information to the media while presenting the results of the fourth quarter of the financial year 2024-25 on Saturday.

About 1600 posts in the recruitment will be for system officers
This is going to be the biggest recruitment by State Bank in the last decade. Shetty said, we are also going to take our technical efficiency to a new level and hence in this time's recruitment, about 1600 posts will be of system officers. This is also the largest number of recruitment of system officers in a decade.

Lack of money has never come in the way of investing.
The State Bank Chairman said, our recruitment plan is a step towards deepening the technological radical change in banking. This also proves that the bank will not let expenses come in the way of moving forward on a technology-based path. Although he did not disclose the amount of investment to be made towards technology change, he made it clear that lack of money has never come in the way of investing for the technical efficiency of the bank.

Operating profit of more than one lakh crore in this financial year
State Bank has earned an operating profit of more than Rs 1 lakh crore in the financial year 2024-25, which is 17.89 percent more than last year. The deposits in the bank have crossed the figure of Rs 53 lakh crore. During this period, the non-performing asset (NPA) ratio of the bank was 1.82 percent while the total NPA was 0.47 percent.

Disclaimer: This content has been sourced and edited from Amar Ujala. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.