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Banks (Finance)

Top 10 Public Sector Banks in India by Number of Employees

Strategic Insights

— 1 min read

The public sector banks (PSBs) in India are among the largest employers in the country, with a significant number of vacancies announced every year for recruitment. As of March 31, 2025, 96% of the required staff positions have been filled in line with business needs, with the remaining 4% attributed to attrition and unplanned exits. The State Bank of India has the highest number of employees, followed closely by Punjab National Bank and Canara Bank.

Key Takeaways:

  • As of March 31, 2025, 96% of the required staff positions in public sector banks have been filled, with a total of 1,48,687 employees hired over the past five years (FY 2020-25).
  • The State Bank of India has the highest number of employees at 2,36,221, followed by Punjab National Bank with 1,02,746 employees and Canara Bank with 81,260 employees.
  • The top 10 public sector banks with the highest number of employees are: State Bank of India (2,36,221), Punjab National Bank (1,02,746), Canara Bank (81,260), Union Bank of India (73,945), Bank of Baroda (73,742), Bank of India (50,564), Indian Bank (39,778), Central Bank of India (33,081), UCO Bank (21,049), and Indian Overseas Bank (20,966).
  • The banks have recruited 148,687 employees over the past five years, with 48,570 employees recruited in FY 2025-26.
  • The total number of employees in public sector banks has been steadily increasing over the past five years, with a significant jump in FY 2024-25.

Statistics:

  • As of March 31, 2025, 96% of the required staff positions in public sector banks have been filled, with a total of 1,48,687 employees hired over the past five years (FY 2020-25).
  • The State Bank of India has the highest number of employees at 2,36,221, followed by Punjab National Bank with 1,02,746 employees and Canara Bank with 81,260 employees.
  • The banks have recruited 148,687 employees over the past five years, with 48,570 employees recruited in FY 2025-26.
  • The total number of employees in public sector banks has been steadily increasing over the past five years, with a significant jump in FY 2024-25.

Sources:

  • Public Sector Banks Copyright 2025 IE Online Media Services Pvt. Ltd., distributed by Contify.com

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