Retired and Untired

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Bank issues instructions for RBI Pensioners for revision of Pension

the basic pension amount has been increased from Rs. 100 to Rs. 163. This applies to those who retired before November 1, 2017.

Pension/ Family Pension updated for RBI Pensioners

Pension updated M/o Finance by their letter dated 21st June 2023 have updated the Pension of RBI Pensioners who retired prior to 1st November,2017 (CPI =4440) with a multiplication factor of 1.63, from 12th June 23 on the undernoted terms… Continue Reading →

Holiday Homes Directory for RBI Retirees – Web App

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 to log in with email to access the Application…. Continue Reading →

Dearness Relief for RBI/Bank Pensioners – 62 slabs more from February 23 to July 23

Labour Bureau, M/o Labour and Employment have made available the All India Consumer Price Index numbers AICPIN for the half year ending December 22 . The data is in chart above: Based on this data , Dearness Relief rates as… Continue Reading →

Dearness Relief for RBI/Bank Pensioners-55 slabs more from August 22 to January 23

Data for the half year ending June 22 Labour Bureau, M/o Labour and Employment have made available the All India Consumer Price Index numbers AICPIN for the half year ending June 22 and the data is shown in chart above:… Continue Reading →

Credit Cards, NBFCs-RBI Guidelines with key Highlights

Now an attempt has been made to rein in such Banks, Non-Banking Financial companies(NBFCs) and other card issuers. Under RBI’s consolidated Directions, violations of basic norms now invite penalties and fines.

Harassed customers can now approach Banking Ombudsman and claim suitable compensation for the same.

(MAFS)-GMP (2021-22) for RBI retirees ( August 15, 2021 – August 14, 2022)

After the expiry of the earlier cashless GMP policy under MAFS taken on August 14, 2021, RBI has placed the policy again with Iffco Tokio General Insurance Co. Ltd. for the period of one year (15-8-21 to 14-8-22) on the… Continue Reading →

Request for ad-hoc pension updation

Shri Kishore Da, President, AIRBIOPF has requested Governor, by email dated 5th June 2021 for : i) Ad-hoc updation of pension in the present grim scenario prevailing on account of covid-19. ii) Graded pension to Super senior citizen retirees Full… Continue Reading →

(MAFS)-GMP (2020-21) for RBI retirees ( August 15, 2020 – August 14, 2021)

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 →

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