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SBI To Offer Work From Anywhere Policy For Employees Very Soon:- The country's biggest lender in the banking sector, State Bank of India has over 2 lakh employees in the country. State Bank of India is in plans to offer work from anywhere policy to facilitate their staff from any location. They are in plans to initiate contact-less digital banking for the customers after the outbreak of coronavirus. "Following the global best practices, the Bank will institute Work from Anywhere (WFA) infrastructure to facilitate work from any location, while taking care of the social aspects of work-life balance. The measure is expected to save ₹1,000 crores through cost optimization and will be a key component of our business continuity during the times of COVID-19," told Rajnish Kumar, SBI Chairman.
This process is expected to save Rs 1000 crores for SBI. SBI YONO witnessed sizeable growth with the arrival of coronavirus pandemic. They are in plans to double the registrations and expand their business through digital offerings. End to end home loans, pre-approved car loans and personal gold loans are the next big targets of SBI. Cash withdrawal through the YONO app, utility bill payment and other features are currently worked out. SBI is also in plans to introduce a doorstep banking scheme for all its customers soon. SBI owns 22,000 branches in the country.