SBI to share profits with employees
Q. On 17 July 2015 which bank has announced its proposal of sharing profits with its employees as part of an initiative for talent retention and motivation?- Published on 25 Jul 15
a. Bank of Baroda
b. Bank of India
c. Punjab National Bank
d. State Bank of India
ANSWER: State Bank of India
SBI is seeking the government's permission to dole out up to 3% of its annual profits to staff in incentives in an attempt to draw top talent that normally make a beeline for private sector behemoths such as ICICI Bank and HDFC Bank.