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SBI may reduce workforce by nearly 10% by 2019: MD Rajnish Kumar

SBI may reduce workforce by nearly 10% by 2019: MD Rajnish Kumar

Sunday, March 26, 2017, 7:09 PM

The total workforce of the country's largest lender State Bank of India (SBI) will see a reduction over the next two years, after the merger with six entities, owing to attrition, reduced hiring and digitization. Manpower will go down with the period of time. Around 10 % reduction in two years may be a possibility, Rajnish Kumar, SBI MD said.
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