Finance Minister Nirmala Sitharaman on Monday said SBI will open another 500 branches to take its overall network to 23,000 by the end of FY25

Nirmala Sitharaman praised SBI’s pivotal role in India’s banking sector, noting its 22.4 per centvshare in national deposits and nearly 20 per cent share in advances

State Bank of India continues to set benchmarks in India’s banking sector, as highlighted by Finance Minister Nirmala Sitharaman during the Centenary Celebrations of SBI’s Mumbai Main Branch. Currently operating 22,500 branches across the country ...

Finance Minister Nirmala Sitharaman announced SBI will open 500 more branches by FY25, expanding its network to 23,000. The bank currently holds a 22.4% share in India's deposits and serves over 50 crore customers.

Finance Minister Nirmala Sitharaman announced that SBI will expand its network by opening 500 new branches, reaching a total of 23,000 branches by FY25. This expansion, she noted, is a testament to SBI's growth from its humble beginnings as the Imperial Bank of India in 1921 to its current status as a banking giant serving over 50 crore customers.

The country’s largest lender, State Bank of India (SBI), plans to add 300-400 branches annually to its existing network in the medium term to scale up and increase penetration of financial services in the country.

Finance Minister Nirmala Sitharaman, speaking at the 11th SBI Banking & Economics Conclave 2024 in Mumbai today, said since 2014, the State Bank of India (SBI) has played a big role in taking banking to ordinary citizens in far-flung areas,

Finance Minister Nirmala Sitharaman announced the establishment of 500 new State Bank of India branches in 2025. She commended SBI's growth, highlighting its contribution to financial inclusion through initiatives like Jan Dhan Yojana and digital banking,