Public Sector Banks to Hire 50,000 Employees in 2025 – Know Which Roles Are in Demand

Public Sector Banks (PSBs) across India are preparing to hire almost 50,000 new employees this fiscal year to meet increased business needs and enhance customer service. The recruitment initiative employs nearly 21,000 officer roles, while the other almost 30,000 roles will be clerks and other support personnel of different grades.

SBI Leads the Hiring Drive

State Bank of India (SBI) is in front of the pack among the twelve public sector banks in recruiting approximately 20,000 employees including specialised officers to successfully meet the challenges of recruitment. To date, SBI has recruited 505 probationary officers and 13,455 junior associates to fill openings across 35 states and Union Territories. As of March 2025, SBI had an overall headcount of 2,36,226 including 1,15,066 officers. SBI’s attrition is less than 2% due to the employee welfare and engagement programs they have in place. The average per employee cost for new hire, full time employee in FY 2024-25 was Rs 40,440.59.

PNB and Central Bank Join In

Punjab National Bank (PNB), the second largest PSU bank in India is set to hire over 5,500 employees, boosting its existing manpower of 1,02,746. Likewise, the Central Bank of India is expected to hire around 4,000 people.

On another note, the Finance Ministry has requested PSBs to scale-up their subsidiaries and consequently get listed on the stock markets to unlock value and create a route to improve governance, thereby opening a whole new realm of growth and opportunity in the future.