SBI to institute work-from-anywhere, hope to save ₹1,000 cr: Chairman

SBI will institute work-from-anywhere infrastructure and expects to save ₹1,000 crore from this decision, its Chairman Rajnish Kumar said. FY21 will be a challenging year for the bank like others. It is well prepared to deal with such challenges, he said. SBI is looking to raise up to ₹20,000 crore of equity capital in the current fiscal.