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SBI Staff Strength increases to 2.4 Lac; 28.5% women employees

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The staff strength of State Bank of India (SBI) increased to a five-year high of 2,45,131 in FY26. This year, SBI recruited around 9,000 employees. 

What’s more fascinating is that the women account for 28.5% of SBI’s total workforce. The bank’s staff expenses rose 2.1% year-on-year to ₹65,724 crore in FY26, with employee costs contributing 53.2% of total operating expenses during the year.

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Only a few Indian companies employ more than two lakh people. Tata Consultancy Services (TCS) tops the list with around 5.85 lakh employees. It is followed by Reliance Industries, which has more than four lakh employees. Infosys employs nearly 3.3 lakh people, while Wipro has a workforce of around 2.4 lakh employees. Other major employers with more than two lakh employees include HCL Technologies, Bajaj Finserv, and HDFC Bank, according to Bloomberg data.

CompanyApproximate Number of Employees
Tata Consultancy Services (TCS)5.85 lakh
Reliance Industries4 lakh+
Infosys3.3 lakh
Wipro2.4 lakh
HCL Technologies2 lakh+
Bajaj Finserv2 lakh+
HDFC Bank2 lakh+

If we talk about public sector banks, then amongst all the public sector banks, SBI has maximum staff. After SBI, only PNB has over 1 lac employees.

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The details of the total number of employees during the last five years, year-wise and bank-wise, are as under:

Name of the Bank2020-212021-222022-232023-242024-25
Bank of Baroda8201778749765097422773742
Bank of India5145951825522095094450564
Bank of Maharashtra1253213128127211349914591
Canara Bank8821386919849788263881260
Central Bank of India3234030293307703164333081
Indian Bank4260140751417014102539778
Indian Overseas Bank2357922369220512147520966
Punjab & Sind Bank8890883287251014810229
Punjab National Bank101802103144104123102349102746
State Bank of India246353244583236110229788236221
UCO Bank2201221617216982145621049
Union Bank of India7820375201755947586673945

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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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