Employee strength of Public Sector Banks – Recruitment of 48570 employees is under way for the FY 2025-26

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Employee strength of Public Sector Banks – Recruitment of 48570 employees is under way for the FY 2025-26

Employee strength of Public Sector Banks – Recruitment of 48570 employees is under way for the FY 2025-26: Rajya Sabha Unstarred Question No. 259 answered on 22.07.2025

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
RAJYA SABHA
UNSTARRED QUESTION NO. 259

ANSWERED ON TUESDAY, 22 JULY, 2025 / 31 ASHADHA, 1947 (SAKA)

Employee strength of Public Sector Banks

259. SHRI MALLIKARJUN KHARGE:

Will the Minister of FINANCE be pleased to state:

(a) the details of the total number of employees in Public Sector Banks (PSBs) during the last five years, year-wise and bank-wise;

(b) the details of the total number of sanctioned posts and positions filled in such PSBs;

(c) whether the Ministry is aware of the growing concerns regarding under-staffing in various PSBs; and

(d) if so, the details thereof and the steps taken by the Ministry to address and mitigate such under-staffing?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

(a) to (d): Public Sector Banks (PSBs) are board governed commercial entities. The requirement of manpower in each PSB is determined by the respective PSB keeping in view various factors which include, inter-alia, business requirement, spread of activities, superannuation and other unplanned exits. Appointment of officers and staff is done accordingly by the PSBs and it varies from year to year based on their requirements.

As per inputs received from PSBs, as on 31.03.2025, 96% staff are in position against their business requirement. The small proportion of gap is attributable to attrition on account of superannuation and other usual factors including unplanned exits. Further, during the last 5 years (FY 2020-25), banks have recruited 148687 employees and for the FY 2025-26, recruitment of 48570 employees is under way.

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

Name of the Bank 2020-21 2021-22 2022-23 2023-24 2024-25
Bank of Baroda 82017 78749 76509 74227 73742
Bank of India 51459 51825 52209 50944 50564
Bank of Maharashtra 12532 13128 12721 13499 14591
Canara Bank 88213 86919 84978 82638 81260
Central Bank of India 32340 30293 30770 31643 33081
Indian Bank 42601 40751 41701 41025 39778
Indian Overseas Bank 23579 22369 22051 21475 20966
Punjab & Sind Bank 8890 8832 8725 10148 10229
Punjab National Bank 101802 103144 104123 102349 102746
State Bank of India 246353 244583 236110 229788 236221
UCO Bank 22012 21617 21698 21456 21049
Union Bank of India 78203 75201 75594 75866 73945

Source: Public Sector Banks

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