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 →
78 slabs more for RBI Pensioners
RBI has renewed GMP for OPD to Pensioners by their circular dated December 30, 2020. Policy Period is – January 1, 2021 to December 31, 2021. Details are given below: 1. Circular dated December 30, 2020 2. Salient features 3. TPAs… Continue Reading →
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 →
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 →
Under a RTI the following data has surfaced which shows that a whopping sum of about 61 crores has been paid as premium to the Insurance company for the Policy Term January 1 to December 31, 2018 in respect of… Continue Reading →
This illustrative spreadsheet below gives an idea to the member / user about the range of PF amount that the Bank may eventually ask him to refund. As the amounts involved are substantial, he may have to take steps in… Continue Reading →
Bank. in continuation of Administration Circular dated 14-9-2020, has issued detailed instructions for implementation of opening of option for pension in respect of CPF optees by their Circular dated 18.9.20. 1. Retired employees of the Bank who had earlier retained… Continue Reading →
Central Trade Unions have jointly demanded reworking de novo the computation exercise of changing base year by involving the trade unions as the trade unions represent the actually affected stakeholders in the project of computation of Consumers Price Index -IW… Continue Reading →
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