The State Bank of India, the country’s largest lender, plans to hire over 27,000 staff across its various divisions this year. Besides the bank would ramp up its branch network to 13,000 by adding 1,000 new offices, a top official of the bank said.

“This year we have plans to recruit 20,000-22,000 people in the clerical posts and 5,500 people at the probationary officer level,” SBI deputy managing director and Group executive Anup Banerji said. As part of its strategy of enhancing focus on rural operations, SBI plans to deploy 2,000 probationary officers in rural areas, Banerji said.

SBI also intends to add 1,000 branches in 2010/11, Banerji said.

“Till now in FY10 we have added 550 branches, and we will take it to 800 by end of February”.

The bank is also planning to launch a wealth management division to take care of high net worth individuals’ needs, he said.

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Tags: Clerical Staff, Probationary Officers, SBI, State Bank of India