Bank SBI closure catches workers by surprise

Friday, April 23, 2021

Closing doors: Bank SBI is India's largest state-owned government PIC: MONEYCONTROL.COM

About 15 Bank SBI Botswana employees will soon be jobless following the bank's decision to voluntarily close operations in Botswana.

Mmegi has established that the bank staff learnt about the developments a few days ago. The bank, established in Botswana in 2013, recently notified the Bank of Botswana that it would surrender its banking licence with effect from 30 June 2021.

A decision was reportedly reached to transfer clients’ accounts to Bank of Baroda.

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Bank SBI closure catches workers by surprise

About 15 Bank SBI Botswana employees will soon be jobless following the bank's decision to voluntarily close operations in Botswana.

BNSC powerless as fights escalate

Sportspersons flock to politics

Attention turns to relegation

Tlou wary of another near-miss

Softball team denied World Cup chance

Mabote seeks answers after squad omission

World Relays trip divides BAA

The plight of a rookie

Inspect the voters' roll!