These banks, governed by boards and operating as commercial entities, offer a wide range of employment options, from clerks and officers to sub-staff. The recruitment process varies annually, depending on the needs of each bank.
India currently has 12 public sector banks, including prominent names like the State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda, and Canara Bank. These banks have been instrumental in providing employment to thousands of individuals across the country, especially in rural and semi-urban areas. The recruitment of staff varies each year depending on the business requirements and the available vacancies.
According to recent reports shared by the Ministry of Finance in the ongoing Monsoon session of Parliament, the total number of vacancies across PSBs is substantial. The Minister of State for Finance, Pankaj Chaudhary, revealed that over 1.48 lakh employees have been recruited by PSBs in the last five years (FY 2020-25), with further recruitment underway for over 48,000 positions for the fiscal year 2025-26.
The Minister also informed that as of June 30, 2025, approximately 96% of the required staff positions in PSBs are filled, with the remaining vacancies due to factors like attrition, retirement, or voluntary exits.
As of mid-2025, the following PSBs have the highest number of vacancies:
1. State Bank of India (SBI): With over 9,000 vacancies, SBI leads the list of banks with the highest number of open positions.
2. Bank of Baroda: This bank has 6,396 vacant positions, making it one of the top employers in India.
3. Punjab National Bank (PNB): With nearly 5,000 vacancies, PNB offers numerous opportunities across different roles.
4. Central Bank of India: 3,156 vacancies.
5. Indian Bank: With 2,483 vacancies, this bank is another significant player in the recruitment landscape.
6. Canara Bank: 1,675 open positions.
7. Bank of India: 1,250 vacancies.
8. UCO Bank: With 1,000 vacancies, UCO Bank is also hiring in large numbers.
9. Bank of Maharashtra: 980 vacancies.
10. Indian Overseas Bank: 701 vacancies.
The ongoing recruitment efforts across India’s public sector banks highlight their continued role as major employers in the country.
Whether you’re interested in becoming an officer, a clerk, or sub-staff, there are abundant opportunities to explore in these institutions. With the government’s focus on filling these vacancies and improving the banking services, PSBs are expected to continue providing stable employment for many individuals across the nation.
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