Unlocking the Potential
of Our Human Capital

Our total workforce are women of

24.34%

Around

690 specialists hired
in FY2019

Over

90 years of training
culture

Our employees are our partners. Their commitment towards our purpose allows us to efficiently deliver to our stakeholders viz. our customers, shareholders, and society. We are continuously investing in them so that they can develop and grow. At the same time, we are ensuring a diverse and inclusive workplace for them to thrive.

We believe that the seamless contributions of our employees drive responsible growth. Our commitment to them is demonstrated by our continued investment in making State Bank of India an excellent place to work.

Our Human Resource (HR) function has been instrumental in implementing our business strategies. During the year, we have further centralised our HR for greater control and quality. In addition to this, we have adopted a data driven model for manpower planning to achieve optimal utilisation of our human resources. We have implemented various initiatives to enhance the productivity of our employees.

Our robust Career Development System has brought in greater transparency, inclusiveness, accountability, and effectiveness into the management of employee performance. A structured feedback mechanism has also been introduced to drive the performance review process. Additionally, we have formulated a succession planning policy to ensure the smooth transitioning of critical executive positions. We have also attracted new talent in the areas of Wealth management, Information Technology, Information Security, Risk, and Credit, among others.

We have consistently promoted a performance-driven culture, originated on ethically and financially sound business methods. We have developed an effective training system, which translates our vision into actionable plans by amplifying the strengths of our employees, bridging skill-gaps, and unleashing the potential of each employee. Additionally, every year, our training system caters to the multifaceted skill development requirements of a multigenerational and culturally diverse workforce. Moreover, we have conceptualised initiatives for reskilling our employees and preparing them for the fastchanging business environment. Not surprisingly, we have been awarded the Business World Award for ‘Excellence in Learning and Development’.

Gender sensitivity and inclusiveness have always been the cornerstone of State Bank of India. Today, 24.34% of our total workforce are women. Our commitment comes from the leaders who are responsible for upholding diversity and inclusive practices.

we have consistently promoted a performance-driven culture, originated on ethically and financially sound business methods.