Category News
₹122 crore discrepancy has been discovered during RBI Inspection at the New India Cooperative Bank branches in Mumbai. Such severe financial irregularities raise questions about internal controls and governance within the banking institution.Accounts Head confessed to embezzling funds. The Events… Continue Reading →
The Reserve Bank of India (RBI) is set to payout a significant dividend payout to the central government, driven by its interventions in the currency markets to stabilize the rupee. Experts predict a transfer ranging from ₹1.5 lakh crore to… Continue Reading →
It is with profound sadness that we, as RBI retirees, express our heartfelt condolences on the passing of Dr. Manmohan Singh. His demise marks the end of an era of unparalleled economic wisdom and leadership. Dr. Singh’s illustrious career spanned… Continue Reading →
Sanjay Malhotra, a seasoned bureaucrat with over 30 years of experience, has been appointed as the 26th Governor of the Reserve Bank of India (RBI) for a three-year term starting December 11, 2024. His appointment is timely, as India’s economy… Continue Reading →
The High Court of Panjab and Haryana has dismissed 808 writ petitions challenging the 15-year period for pension restoration after commutation. The petitions, filed by retired Punjab government employees, had sought restoration of commuted pension after a shorter period of about 12 years, arguing that the existing 15-year period was arbitrary and unjustified.The amount of…
Pension Restoration: High Court Upholds 15-Year Commutation Period was originally published on All India RBI Oers Pensioners Forum
Holiday Homes Directory for RBI Retirees – Web App updated AIRBIOPF has updated a web application that includes a directory of holiday homes specifically for RBI retirees. This directory contains information about all available holiday homes as of July, 2024.User has… Continue Reading →
In Memoriam: K. BalakrishnanIt is with deep sorrow that we announce the untimely passing of our esteemed colleague and friend, K. Balakrishnan. Balakrishnan was a dedicated officer who retired under the OERS Scheme. He served as the Secretary of the… Continue Reading →
The concept of granting additional pensions to Central Government Pensioners, as being circulated in the media reports, is not new, and numerous eligible pensioners are already benefiting from this provision.
The RBI has noted the rise of unauthorized websites and applications that falsely claim to be registered with the Bank. These entities pretend to offer legitimate financial services or digital lending applications. Public trusts them unwittingly.
RBI Pensioners may note the following information for Income tax guidelines about matters like reporting savings, investments, and claiming rebates/deductions to the offices concerned for the Financial Year (FY) 2024-25. New Tax Regime a) By default, the TAX REGIME from… Continue Reading →