PSU banks to recruit 48,570 employees in FY26, says junior finance minister
This story was originally published at 15:05 IST on 22 July 2025
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NEW DELHI – Public sector banks are in the process of recruiting 48,570 employees in 2025-26 (Apr-Mar), minister of state for finances Pankaj Chaudhary said in a written reponse to a Rajya Sabha question on Tuesday. During the last 5 years, banks have recruited 148,687 employees, he said.
As of Mar. 31, around 96% staff are in position against the requirement of state-owned banks, he said. "The small proportion of gap is attributable to attrition on account of superannuation and other usual factors including unplanned exits," he told the Upper House. End
Reported by Sagar Sen
Edited by Akul Nishant Akhoury
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