SBI integrates CFP® certification into employee learning framework through strategic partnership with FPSB India

State Bank of India, the country’s largest bank with strong presence across NRI, HNI and UHNI customer segments and a workforce of 2.36 lakh employees, has partnered with FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., to integrate CERTIFIED FINANCIAL PLANNER®

certification into its employee learning and development framework. This strategic initiative aims to enhance the depth, quality, and consistency of financial planning provided across SBI’s extensive branch and digital network. It focuses particularly on key areas such as investment planning, retirement readiness, insurance advisory, and estate planning—aligned with global standards of professional excellence. The Memorandum of Understanding was signed in Mumbai in the presence of senior officials, including Shri Sandeep Sharma, Country Head – Wealth Management, SBI, and Mr. Krishan Mishra, CEO, FPSB India.

Speaking on the occasion, Shri. Sandeep Sharma, Country Head – Wealth Management, SBI, said, “At SBI, we recognize that comprehensive financial planning plays a pivotal role in enabling the aspirations of individuals and families across the country. This strategic partnership with FPSB India reflects our commitment to elevating planning excellence by embedding globally recognized standards into our learning ecosystem. By integrating the CFP® certification into our talent development framework, we aim to build a future-ready workforce that delivers objective, holistic, and customer-centric financial guidance at scale.” 

“This is a landmark moment for India’s financial ecosystem,” said Krishan Mishra, CEO of FPSB India. “By aligning with SBI, we are not only taking the gold standard of financial planning to the grassroots but also transforming how financial planning is taught and valued and delivered across the country. FPSB India is committed to empower the bank’s teams with the CFP® certification to guide millions of Indians toward long-term financial security and wellbeing.” 

This collaboration reinforces SBI’s position as a forward-looking financial institution that invests in its people to create greater value for customers. It also aligns with the national vision of expanding financial literacy and responsible financial planning across India.