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2,800 employees of SBI's associate banks opt for VRS

2,800 employees of SBI's associate banks opt for VRS

Monday, April 3, 2017, 3:53 PM

Only 2,800 employees of five associate entities of State Bank of India have so far applied for voluntary retirement scheme (VRS) out of more than 12,000 who are eligible for it, Arundhati Bhattacharya said. All the five entities, in addition to Bharatiya Mahila Bank, merged with SBI from April 1. So far, only 2,800 employees (from associate banks) have opted for VRS, Bhattacharya said.
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