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Monday, February 20, 2017

SBI Group finalises plans for Voluntary Retirement Scheme: after Merger

SBI Group finalises plans for Voluntary Retirement Scheme:
The Voluntary Retirement Scheme is open to those staffers who have completed more than 20 years of service or have completed 55 years of age as on September, 2016.
VRS optees are offered ex gratia amounting to 50% of Salary for remainder period of service subject to a maximum of 30 months Salary.

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RBI Enforces 6 Month Deadline for Banks for Declaring Wilful Defaulters

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