Sbi Home To Retrench 70 Staffers

The Kolkata-based SBI Home Finance will retrench about 70 employees once its liquidation is complete.

Senior executives of SBI Home, who were on deputation from parent State Bank of India (SBI), are being called back, while others will be retrenched. The bank has also started transferring part of the assets of SBI Home to its Kolkata branches.