Press Release

SBI is transforming its people practices

Attracting and retaining talent in this rapidly evolving banking industry is a key source of
competitive advantage, more so now, than ever before.

With that in mind, the Bank is re-imagining its people practices and transforming itself in a
material way. It has taken The Bank is introducing one of the largest performance management
systems in the world (for over 170,000 employees) which builds individual accountability and
provides input for merit based rewards, recognition, promotions and talent management. key
initiatives in its journey towards HR excellence:
Encouraging meritocracy through the introduction of a state-of-the-art performance management
system

- The Bank is introducing one of the largest performance management systems in the world
(for over 170,000 employees) which builds individual accountability and provides input for
merit based rewards, recognition, promotions and talent management.

- For the first time in SBI, every employee (officers and clerks) can view their monthly
performance against assigned targets. There is data driven and meaningful differentiation
based on performance and it lays the foundation for a deep meritocratic culture

The bank is introducing global best-in-class practices in employee career paths, customized as per
the Bank’s requirements. Job family based expertise being implemented in the bank

- SBI officers will have the flexibility to opt for and build expertise in their areas of interest
viz. Credit, IT, Treasury etc.

- Everyone will be groomed to have a unique mix of all-round banking exposure and
expertise in an area of their choice

Talent Management and development processes are being further enhanced to identify and groom
future leaders

- Top performers will be groomed for leadership through ample rotational opportunities in
high impact roles, mentoring support and specialized senior executive training programs.

A structured onboarding program launched to ensure new recruits integrate well into the
organization

- The SBI Step Up program is a one-of-its-kind initiative to help the new recruits settle in the
bank in the initial years as a probationary officer.

- The bank is leveraging the Facebook platform to encourage peer-to-peer interaction and
help build new relationships with the SBI community from the first day of joining the bank.
A Facebook group of around 1500 new recruits from PO batch of 2015 is already active
since December 2015.

- The SBI Saathi (buddy) program has been launched where a new hire is matched with a
buddy from the same branch, closer in age, for informal guidance.

- A structured mentorship program has been initiated to ensure the new hires find their feet
in the organization. A new probationary officer can reach out to senior officers from the
bank to seek career or personal guidance whenever required.

Accolades and awards received by the bank for its people practices
 - Hellen Keller Award for being a Role model company for commitment towards promoting
equal employment opportunities for people with disabilities, 2015

- World HRD Congress Award for Organization with innovative HR Practices, 2014

- Golden Peacock Award for HR excellence, 2013

Aside from transformation of its people practices, the bank has been at the forefront of innovation
in banking, a few marquee initiatives:

- SBI’s new mobile wallet – SBI Buddy

- Instant loan decisioning through first-of-its-kind tie-ups with e-commerce players

- New digital branch formats – sbiINTOUCH branches

SBI’s strong focus on technology innovation and use of digital in banking, along with its state-of-
the-art people practices offers young talent the right platform to build their careers in Financial
Services in this Digital age.

Recruitment - :

On the back of this strong employee value proposition, The Bank, for the first time, has introduced
a recruitment brand focusing on the theme of growth.

- The brand “Grow Everyday” is built on three key pillars of the bank’s unique value
proposition

- Attractive career growth opportunities

Strong meritocratic culture

Clearly defined career paths to the top

Robust talent management processes to ensure rapid growth of top talent

- Unparalleled exposure

Unmatched diversity of roles – Over 1,000 roles across the various businesses of
the State Bank Group.

International & Rural exposure – Over 190 global offices in 36 countries, over
10,000 offices in India’s hinterland

Flexibility to choose one’s own path

- Personal and Professional Development

Development of leadership capabilities through exposure to high impact roles

Opportunity to pursue personal passions

This year, SBI will be competing for top graduate talent across the country through its
exciting new value proposition targeted at graduates from top colleges. Few
organizations in the industry can rival the value proposition that SBI has to offer. The
key for SBI is to raise awareness levels among the bright young minds and encourage
them apply to build a great career at the bank. SBI’s revamped career website is the
first step towards that goal. It comprehensively captures the essence of what SBI has to
offer. Bank is opening its applications on 4th May for probationary officers. Interested
candidates can log on to www.sbi.co.in/careers to learn more about the careers at SBI
and apply.