For PSB employees, stock may be an option; decision on proposal likely after elections

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New Delhi:The government has resumed talks with public sector banks (PSBs) on offering stock options to eligible employees, rekindling hope for this longstanding demand of the lenders...

The proposal to offer employee stock ownership plans or ESOPs, has been on the backburner for a while but it may advance after the Lok Sabha polls, said people familiar with the development..

There have been talks with government last month on issues pertaining to PSBs, including ESOPs, abank executive said, adding that lenders will soon present a framework to the government...

The previous UPA government had in 2013 allowed PSBs to offer shares to employees at a discounted price under the Employee Share Purchase Scheme..