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.
There is an increase in bed charges and ICU charges
With effect from 1st March 2019, the family pension payable to the spouse of a deceased employee of RBI shall be at the rate of 30% of pay uniformly subject to minimum of ₹9,000 per month, and a maximum of 30% of the highest pay per month in the Bank.
After the expiry of the earlier cashless GMP policy under(MAFS) on August 14, 2023, RBI has extended the policy with the New India Assurance Co. Ltd. for the period up to 31.12.23 on the same terms and conditions.The new policy… Continue Reading →
Data for the half year ending June 23 Labour Bureau, M/o Labour and Employment have released the All-India Consumer Price Index numbers -AICPIN for the half year ending June 23 and the data is shown in chart above: 44 slabs… Continue Reading →
PPN stands for Preferred Provider Network /Preferred Partner Network.
It means a Network of hospitals in India which have agreed to cashless package pricing for the insured. Every hospital that has a tie-up with the insurance company maintains three different rates for the same treatment.
the basic pension amount has been increased from Rs. 100 to Rs. 163. This applies to those who retired before November 1, 2017.
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 →
On review by the Bank, Retired Employees/Spouse of deceased retired employees will henceforth be permitted to avail the facility of VOF/THH on weekdays, weekends and holidays, subject to availability. Bank’s letter Holiday Homes-RBI Retirees-Booking
GMP policy for OPD expenses-renewal Group Mediclaim Policy for OPD to Pensioners for the period April 01, 2023, to March 31, 2024 has been placed with New India Assurance Co. Ltd.–Bank’s letter Salient features The salient features of the policy… Continue Reading →
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