To expand its footprint and enhance accessibility, the State Bank of India (SBI) has announced plans to open 400 new branches in the fiscal year 2025. This strategic move is part of SBI’s ongoing efforts to strengthen its presence across India, particularly in rural areas, thereby improving financial inclusion for all segments.

The expansion will see SBI increasing its branch network to cater to the growing demand for banking services, offering a wide range of financial products and services to a broader customer base. The new branches will be equipped with modern facilities and digital banking capabilities, ensuring customers access to efficient and convenient banking solutions. By enhancing its branch network, SBI aims to provide better customer service and foster economic growth in various regions.

SBI’s decision to open 400 new branches underscores its commitment to supporting India’s economic development. By making banking services more accessible, SBI is playing a crucial role in promoting financial literacy and empowerment among the Indian populace. This expansion demonstrates SBI’s growth strategy and dedication to being a reliable partner in India’s financial ecosystem.