SBI boosts gender diversity! Bank targets 30% women workforce by 2030; launches leadership programme

Core Insights - State Bank of India (SBI) aims to increase women's representation in its workforce to 30% within the next five years, currently standing at 27% overall and 33% among frontline staff [2][3] - SBI has a workforce of over 240,000 employees, making it one of the largest employers in India's banking sector [2][3] Gender Diversity Initiatives - The bank is implementing targeted measures to bridge the gender gap, including a creche allowance for working mothers and family connect programs [2][3] - Training programs are being established for women returning from maternity leave, sabbaticals, or extended sick leave to support their reintegration into the workforce [2][3] - SBI's initiatives include identifying, mentoring, and training women for leadership roles through structured labs and coaching [2][3] Health and Well-being Programs - SBI has introduced health programs tailored to women's needs, such as breast and cervical cancer screenings and nutrition allowances for pregnant staff [2][3] - A cervical cancer vaccination drive has also been launched to further support women's health [2][3] Expansion of All-Women Branches - The bank has expanded its all-women branches, currently operating over 340 branches exclusively run by female staff, with plans for further growth in this area [2][3]