SBI to hire 16,000, expand branches & ATM network

• SBI plans to hire 16,000 new employees in the current financial year to boost customer service.
• The bank aims to double its business from ₹100 lakh crore to ₹200 lakh crore in the next 6-7 years.
• SBI will open 200-300 new branches and strengthen its ATM network this financial year, focusing on 'empty areas' and high-footfall locations.
• The bank is expanding its subsidiary, State Bank Operations Support Services (SBOSS), for rural/semi-urban support, ATM monitoring by "ATM Mitrus," and hiring 6,000 for floor coordination.

Why It Matters: SBI's 16,000 new jobs and expansion will create opportunities and improve banking access.