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PSU Banks to hire around 24000 Employees this Year

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Public Sector Banks in India may hire around 24000 employees this year. The bank wise planned recruitment is as follows:

BankPlanned Hiring
State Bank of India5,000–6,000
Bank of Baroda6,000–7,000
Punjab National Bank2,000+
Canara Bank4,000
Union Bank of India1,500
Indian Bank3,000

State Bank of India (SBI)

India’s largest lender, State Bank of India (SBI), plans to continue hiring 5,000 to 6,000 employees every year. SBI Chairman C.S. Setty said the bank follows an annual recruitment plan of around 5,000-6,000 employees. This year also, SBI will recruit around 5000-6000 employees.

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Bank of Baroda

Bank of Baroda plans to recruit 6,000 to 7,000 employees in FY27 across clerical, officer, and specialist categories. MD & CEO Debadatta Chand said the hiring plan will remain similar to last year. However, he added that the actual number of employees joining may be around 4,000 to 5,000, as some selected candidates do not accept the job offers.

Punjab National Bank (PNB)

Punjab National Bank (PNB) expects to recruit more than 2,000 employees during FY27. MD & CEO Ashok Chandra said the recruitment will mainly replace employees retiring from the bank. He also noted that the bank’s overall workforce has remained largely stable because of increasing digitalisation and the expansion of digital banking channels.

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Canara Bank

Canara Bank plans to recruit around 4,000 employees during FY27. The bank has already shared its recruitment requirements with the Institute of Banking Personnel Selection (IBPS) for clerical staff, officers, and specialist officers. The bank also plans to hire professionals such as data scientists, anti-money laundering (AML) engineers, and artificial intelligence (AI) specialists.

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Union Bank of India

Union Bank of India plans to recruit around 1,500 employees in FY27, including officer-level positions. MD & CEO Asheesh Pandey said the recruitment will be part of the bank’s workforce planning exercise. The bank will also carry out internal promotions during the year.

Indian Bank

Indian Bank plans to recruit around 3,000 employees in FY27. Most of the hiring will be for probationary officers and generalist roles. MD & CEO Binod Kumar said the bank will also recruit specialists in risk management, economics, information technology (IT), and artificial intelligence (AI) to strengthen its specialised workforce.

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Hellobanker Team

Hellobanker.in is India's leading banking and finance news portal. Our expert team covers banking policies, RBI updates, financial markets, and investment insights.
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