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SBI associates to offer voluntary retirement to staff

SBI associates to offer voluntary retirement to staff

Friday, February 17, 2017, 5:07 PM

State Bank of India’s five associate banks, will offer voluntary retirement schemes (VRS) for their employees, before the merger with SBI takes place. The date for the merger is yet to be decided. State Bank of Hyderabad (SBH) board has already approved the VRS, while other associate banks have placed the scheme before their boards for approval.
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