Over 70,000 employees who were part of SBI, will be impacted by the compensation review.
Employees will now have to maintain a formal appearance appropriate for the workplace setting.
The restructuring will save the bank Rs 1160 cr. every year
Applications for the 554 posts of management executives (SME) are open till May18.
The award recognises and acknowledges innovative training practices across sectors.
‘D-Change’— one of the largest digital and joint employee-volunteer programmes— will support education and learning, women’s empowerment and rural skills development in the country.
Among other Indian companies, Infosys, TCS (Tata Consultancy Services), Air India, Flipkart, Wipro, Reliance Industries, Tata Motors, ONGC, L&T, Mahindra & Mahindra, Aditya Birla Group, Indian Oil, BHEL (Bharat Heavy Electricals Ltd.), Snapdeal, HCL and NPTC also feature in the list.