SBI Operations To Shift From Kolkata.

Editorial photo #12563694 Human Interest

SBI Operations To Shift From Kolkata.

The State Bank of India head office is seen in Kolkata, India, on July 18, 2025. The State Bank of India decides to shift its Global Market Unit (GMU), Central Global Back Office (CGBO), and three processing centers from Kolkata, putting over 600 jobs at risk, according to the civic society organization Bank Bachao Desh Bachao Manch. (Photo by Debarchan Chatterjee/NurPhoto)

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#12563694
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Debarchan Chatterjee/NurPhoto
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Human Interest
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© 2026 NurPhoto - Debarchan Chatterjee/NurPhoto

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State Bank of India head office Kolkata India July 2025 Global Market Unit GMU Central Global Back Office CGBO processing centres job risk 600 jobs civic society organisation Bank Bachao Desh Bachao Manch Debarchan Chatterjee NurPhoto relocation banking industry financial sector employment impact economic implications workforce reduction organisational restructuring regional economy job displacement corporate decision financial services employment concerns civic response community impact job security banking operations economic shift workforce transition.
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