Retired and Untired

Category News

You tube video to help RBI Pensioners with impaired vision.

So, we request the Bank to upload the podcast / voiceover version of the circulars issued for the benefit of retirees and such disabled employees on its website / EKP.
AIRBIOPF shall continue to post such videos in future to help retirees.

GMP for OPD to Pensioners(70+)-April 1,22 to March 31,23

 Group Mediclaim Policy for OPD to Pensioners for the period April 01, 2022, to March 31, 2023 has been placed with New India Assurance Co. Ltd.The salient features of the policy are given in Annex I.     OPD expenses incurred by… Continue Reading →

CHIP BASED IDENTITY CARDS FOR RBI RETIREES

Bank has decided to issue specially designed smart chip-based identity cards to the retiring/retired employees. Retirees may exchange the old card for new ones after the intimation is received by them. Offices will issue new identity card with green lanyard… Continue Reading →

Scheme for hiring retired officers of the Bank on contractual basis

RBI has launched a new scheme for hiring retired officers of the Bank on contractual basis.The exercise shall be taken up twice a year (in April and October) as per the process outlined in the Bank’s Circular uploaded on retirees… Continue Reading →

Revised dearness allowance data for bank employees

After the CPI-IW (2016=100) series replaced the CPI-IW (2001=100) series effective September 20, All India index for the month of September, 2020 was initially reported by M/o Labour & Employment as 118.Dearness Allowance for RBI employees and also for other… Continue Reading →

Bank officers sign wage revision with IBA-Joint Note inked.

After prolonged discussions and protracted negotiation on various financial and non-financial issues, the long-awaited settlement has been reached between IBA and all constituents of UFBU for all scales of officers.The highlights and salient features of the settlement with the officers’… Continue Reading →

11th Bipartite Settlement signed today.

After a long and protracted negotiations for more than three years and after overcoming many impediments and hurdles, finally, the 11th Bipartite Settlement on revision of wages and improvement in service conditions of bank employees has been signed today with… Continue Reading →

Final opportunity to CPF optees for Pension option

M/o Finance, DFS, by their letter dated 26th June, 2020 have allowed CPF optees in RBI to exercise the option of switching over from CPF to the pension scheme within such period to be specified by RBI. The following category… Continue Reading →

RBI raps lending apps, NBFCs for harassing customers

The Reserve Bank of India has reiterated its fair practices code for all lenders and has sought additional documentation for loan contracts signed by digital lenders. This, after reports emerged of aggressive recovery practices being used by some digital lenders… Continue Reading →

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