In an attempt to optimize its costs, the State Bank of India (SBI) has planned a voluntary retirement plan (VRS) under which some 30,190 employees are eligible. The total employee strength of the nation’s largest lender was 249,000 at the end of March 2020, compared with 257,000 a year ago. …
Read More »SBI plans a VRS scheme covering 30,000 employees while seeking to optimize costs
