62 employees of Nepal Bangladesh Bank choose VRS retirement and got two-year salary facility

Jul Sun 2022 04:40:30

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62 employees of Nepal Bangladesh Bank choose VRS retirement and got two-year salary facility

Kathmandu. Sixty-two employees of Nepal Bangladesh Bank who do not want to participate in the merger will get bumper facility due to clean retirement facility. So far, 62 people working in Nepal Bangladesh Bank have opted for voluntary leave. After the merger agreement, NB Bank had brought a plan for voluntary retirement. Deputy CEO Surendra Bhushan Shrestha and DGM Saloni Singh have opted for voluntary leave instead of participating in the merger.

NB Bank had introduced a voluntary retirement scheme of 30 months for lower level messengers and drivers and 24 months for higher level employees, 21 months salary for assistant level, 18 months salary for officer level and 15 months salary for executive level employees. The bank, which is about to merge with Nabil Bank, is conducting integrated business with all its employees except 62 from tomorrow.

Such a practice may have been applied only to NB Bank employees. Most banks and financial institutions have a practice of dismissing employees who choose VRS by paying the same basic salary and allowances for the same period.