Mumbai, June 11 (IANS). State Back of India (SBI), the country’s largest government bank, said on Wednesday that the bank has recruited 13,455 Junior Associates to improve customer service experience across the country.
The purpose of this recruitment was to fill vacancies in states and union territories.
SBI Chairman CS Shetty said, “Our total recruitment in all categories is about 18,000 people, of which about 13,500 are clerical recruitment, while 3,000 are probable officers and local level officers.”
SBI reported that the bank has more than 2,36,000 employees, who are committed to developing meaningful employment and developing the next generation of banking professionals.
The bank’s home loan portfolio has crossed 8.3 lakh crore rupees. As of March 2025, the bank has a deposit of more than Rs 53.82 lakh crore, with an advance of 39.97 percent and 42.20 lakh crore rupees.
SBI has a market share of 27.3 percent and 20.2 percent respectively in SBI’s home loan and auto loan market.
State Bank of India (SBI) on Monday gave a dividend check of Rs 8,076.84 crore to Union Finance Minister Nirmala Sitharaman for FY 2024-25.
SBI Chairman CS Setty handed over the check to the Finance Minister in the presence of senior officials.
The office of Finance Minister Nirmala Sitharaman wrote in a post on the social media platform X, “Finance Minister Nirmala Sitharaman received a dividend check of Rs 8076.84 crore from SBI Chairman CS setty for FY 2024-25.”
India’s top public sector companies recorded a strong growth in profits during the January-March quarter of 2024–25, which is expected to further strengthen the government’s fiscal state.
The country’s largest lender SBI and insurance giant Life Insurance Corporation of India (LIC) took an edge with a net profit of Rs 18,643 crore and Rs 19,013 crore respectively.
The net profit of SBI for FY 2024-25 is now Rs 70,901 crore, while LIC has recorded an impressive net profit of Rs 48,151 crore.
-IANS
ABS/
