SBI Life Insurance — extravagant style of company officials

Address:

Udaipur, Rajasthan, 313001

SBI Life management has been spending crores on its officers by way o[censored]nnecessary bonuses, salary hikes, conferences and foreign tours. It is a company floated by SBI with BNP but it's regional managers are paid more than the M.D.of SBI. This year the seniors officers travelled to Switzerland to do what? Can't they hold their sales meet in India so that their stakeholders do not have to pay for their extravaganza? They spend money on conferences where they give costly gifts to each other. Now the officers are going on a cruise with family to Maldives. Have anyone heard SBI holding its meetings overseas? Policy holders invest in SBI Life for better returns and not for the extravagant and wasteful expenses of its officers.
Please lodge a strong protest with the company on behalf of Policy holders and shareholders.