SBI and Indian Railways Announce New Insurance Agreement for Railway Employees

An historic agreement has been reached between the State Bank of India (SBI) and Indian Railways. The Memorandum of Understanding (MoU) was signed at Rail Bhavan in New Delhi in the presence of Railway Minister Ashwini Vaishnaw. This agreement offers numerous benefits to railway employees under the salary package, including accident insurance coverage for all railway personnel.

The MoU was signed in the presence of Railway Minister Ashwini Vaishnaw, Railway Board Chairman Satish Kumar, and SBI Chairman C.S. Setty. This marks a historic initiative in the direction of employee welfare.