SBI’s Major Breakthrough In 2024: On Track To Hit A Whopping ₹1 Lakh Crore Profit Milestone | Paisa Live

In the financial year 2024-25, the State Bank of India (SBI) is planning to expand its network by opening approximately 600 new branches, a significant move aimed at enhancing its reach, particularly in rural areas. This initiative comes on the heels of SBI's previous expansion, where it opened a total of 137 branches in the last fiscal year. The new branches are expected to play a crucial role in providing banking services to underserved communities and fostering financial inclusion. By increasing its presence in rural regions, SBI aims to cater to the growing demand for banking services and strengthen its position in the Indian banking landscape.