-60.40 (-5.61%) State Bank of India (SBI), country’s largest lender has decided to grant special leave of two days to its employees as reward for having taken additional stress since November 8 when demonetisation was announced. The bank’s employees would be able to avail this leave any time until March 2018.
SBI offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc. The Bank reported 34.56% fall in its net profit at Rs 2,538.32 crore for second quarter ended September 30, 2016 as compared to Rs 3879.07 crore for the same quarter in the previous year.