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Recently, the Supreme Court of India delivered a significant judgment in the case of The Reserve Bank of India (RBI) vs. M.T. Mani and Another, which addressed the issue of pension arrears for retired RBI employees. Pension Arrears Issue in… Continue Reading →
What dividend Means for India The Reserve Bank of India (RBI) has announced a record-breaking dividend of ₹2.69 lakh crore to the central government for the financial year 2024-25. This amount is higher than the government’s budget estimate of ₹2.56… Continue Reading →
All India Reserve Bank Retired Employees Association(AIRBREA), Mumbai have called for urgent settlement of long pending pension grievances. The letter, dated May 2, 2025, requests Bank to examine the issues and take suitable remedial steps to do justice to the… Continue Reading →
Migration to New Domain The Reserve Bank of India (RBI) has issued a directive requiring all banks to migrate their existing domains to the exclusive “.bank.in” domain by October 31, 2025. This initiative aims to strengthen cybersecurity, reduce fraud risks,… Continue Reading →
After the end of the previous MAFS GMP (2024-25) period, the Reserve Bank of India (RBI) has renewed the Medical Assistance Fund Scheme (MAFS) Group Mediclaim Policy for retired members, effective from April 1, 2025, to March 31, 2026. This… Continue Reading →
The All-India RBI OERS Pensioners Forum (AIRBIOPF) has been actively pushing for enhanced pension for RBI Pensioners who are 80 years old and above. On January 19, 2025, we submitted a comprehensive request to the Hon’ble Finance Minister, Smt. Nirmala… Continue Reading →
The bank has recently modified the Medical Assistance Fund (MAF) Scheme for retirees. These changes are aimed at providing better support and clarity for the dependents of MAF members, particularly those with permanent disabilities. Here are the key points from… Continue Reading →
As we enter 2024, let us carry the spirit of resilience and unwavering determination.
Here’s to a brighter future, filled with hope, prosperity, and a well-deserved recognition of the valuable contributions retirees have made to the banking sector.
After the expiry of the earlier cashless GMP policy under MAFS taken from New India Assurance company Ltd. on August 14, 2020, RBI has placed the policy with Iffco Tokio General Insurance Co. Ltd. for the period of one year… Continue Reading →