Many state-run banks are planning to celebrate Diwali by announcing a special payout to cover the expenses associated with buying and gifting confectionaries, which is a customary practice during the festival. Diwali 2023 is scheduled to fall on Sunday, November 12. It is worth noting that specific details regarding the special payout and its implementation may vary among different banks. For accurate and up-to-date information, it is recommended to refer to official announcements or contact the respective banks directly.
The State Bank of India (SBI), the largest public sector lender in India, has given Rs 2,500 to each of its employees ahead of the festival of lights, Diwali. The allocation of Rs. 2,500 per head has been made from Welfare Funds for the distribution of sweets/dry fruits among all employees. The distribution of sweets/dry fruits is to be done just before the Deepawali Festival, as per the instructions mentioned in the SBI circular.
