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SBI proposes to recruit 14,000 employees during current year

08 Sep 2020 Evaluate

State Bank of India (SBI) has proposed to recruit 14,000 employees during the current year and its 'on tap VRS' is not a cost-cutting exercise. The country's largest lender has planned a voluntary retirement scheme (VRS) under which about 30,190 employees are eligible.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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