Posts Tagged ‘State Bank of India (SBI)’

SBI (State Bank of India) continues to grow

March 21, 2010

The Press Release of  March 21, 2010 has the following interesting aspects

  1. In the current fiscal, SBI has opened 1,000 branches and 10,000 ATM. Of the 1,000 branches, 600 were opened in rural and semi-urban areas.
  2. SBI plans to open more than 1,000 branches next yearAt present, the public sector lender has 12,448 branches and over 21,000 ATMs. By the end of March, it aims to scale up the number of ATMs to 25,000.
  3. During 2010-11, SBI plans to hire more than 27,000 people across its various divisions. The bank also plans to recruit 20,000-22,000 people at the clerical posts and 5,500 people at the probationary officer level.

What an amazing growth!