The Economic Times

SBI rejects Rs 9.48 lakh VRS claim after employee dies a month before cut-off date; HC orders payment to family for this reason

The Telangana High Court recently held that where an SBI employees' VRS application had already been accepted then his death before the formal retirement date would not defeat the claim of his family (legal heirs) to receive the VRS benefits. Read below to know more about what the Telangana High Court said.